What are the responsibilities and job description for the Compliance - Risk Management Lead - Vice President position at JPMorganChase?
Job Description
Join JPMorgan Chase as a Compliance, Conduct and Operational Risk (CCOR) Vice President and be at the forefront of ensuring fair lending practices across our diverse lines of business. Your expertise will help us navigate regulatory landscapes, mitigate risks, and uphold our commitment to responsible business growth. If you are a strategic thinker with a passion for compliance and risk management, we invite you to make a significant impact with us.
Job Summary
As a Compliance, Conduct and Operational Risk (CCOR) Vice President in the Office of Fair Lending (OFL), you will play a pivotal role in executing JPMorgan Chase's fair lending compliance mission. Reporting to an OFL Executive Director, you will partner with Chase Lines of Business CCOR Compliance and other control functions to ensure adherence to fair lending regulations. Your responsibilities will include governance, monitoring, and reporting functions, as well as providing expert guidance on underwriting, pricing, and servicing.
Job Responsibilities
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm’s needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.
Join JPMorgan Chase as a Compliance, Conduct and Operational Risk (CCOR) Vice President and be at the forefront of ensuring fair lending practices across our diverse lines of business. Your expertise will help us navigate regulatory landscapes, mitigate risks, and uphold our commitment to responsible business growth. If you are a strategic thinker with a passion for compliance and risk management, we invite you to make a significant impact with us.
Job Summary
As a Compliance, Conduct and Operational Risk (CCOR) Vice President in the Office of Fair Lending (OFL), you will play a pivotal role in executing JPMorgan Chase's fair lending compliance mission. Reporting to an OFL Executive Director, you will partner with Chase Lines of Business CCOR Compliance and other control functions to ensure adherence to fair lending regulations. Your responsibilities will include governance, monitoring, and reporting functions, as well as providing expert guidance on underwriting, pricing, and servicing.
Job Responsibilities
- Assist Lines of Business (LOBs) with the completion and review of the annual Fair Lending Risk Assessment.
- Review credit policies, operating procedures, product guides, and marketing materials for compliance with fair lending regulations such as ECOA and FHAct.
- Develop and document comprehensive procedures to support compliance activities.
- Provide fair lending guidance to LOBs through management meetings and product development discussions.
- Prepare and execute annual monitoring plans and support fair lending data analysis.
- Develop presentations for management, stakeholders, and regulators to communicate issues and recommendations.
- Analyze JIRA reports to enhance the fair lending monitoring program.
- Identify and address potential concerns and control issues, ensuring corrective actions are implemented.
- Challenge the status quo with critical thinking and decision-making to propose creative solutions.
- Experience in Fair Lending, Regulatory Compliance, audit, and/or Risk Management.
- 5 years of experience in credit underwriting and fair lending management processes.
- Ability to develop relationships and partner with key stakeholders.
- Strong written and oral executive-level communication skills.
- Detail-oriented with a high level of attention to detail and quality.
- CORE experience with an understanding of process risk and controls.
- Ability to work independently and as part of a team.
- Experience with AI/LLM Suite technology.
- Proficiency in data analytical tools such as Tableau, Alteryx, or Python.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm’s needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.
