Consumer & Community Banking Control Management Control Manager (Chase Auto) Vice President

Jpmorgan Chase & Co. Plano , TX 75023

Posted 2 months ago

Consumer & Community Banking Control Management Control Manager (Chase Auto) Vice President

Req #: 190043331

Location: Plano, TX, US

Job Category: Accounting/Finance/Audit/Risk

Job Description:

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

The Chase Auto business offers consumers car loans and leases through more than 12,000 auto dealerships across the country. Chase Auto is comprised of three businesses: Dealer Services Business that offers retail loans to consumers through Dealers, and provides banking and commercial lending to Dealers; Partnerships Business that offers leases and loans to consumers as a Captive Finance arm of several major Auto manufacturers; Direct Auto Business that offers loans directly to consumers through online and bank channels.

Through these businesses, Chase finances more than 3 million auto loan customers, manages a loan/lease portfolio of more than $80 billion, and has relationships with more than 75% of all U.S. franchised automotive dealers. As of 9/30/18, Chase was ranked as the #1 bank auto lender of new vehicles by market share, and the #7 overall auto lender on new/used vehicles by market share.

Control Management (CM) maintains a strong and consistent control environment across the firm. With Control Managers appointed for each Line of Business, Function and Region, there is a comprehensive coverage and joint accountability model with the business executive that promotes early operational risk identification and assessment, effective design and evaluation of controls and sustainable solutions to mitigate operational risk.

Control Management focuses on four areas:

  1. Control design and expertise
  2. Risks and controls identification/assessment
  3. Control breaks and resolution
  4. Control governance & reporting

Role Responsibilities:

  • Role will work with the Chase Auto Originations area

  • Create a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols

  • Review and analyze program related data (e.g., KRI/KPI) to support business-related programs and strategies

  • Provide leadership support for the end-to-end execution of the Risk & Control Self-Assessment, including control breaks and resolutions, to reduce financial loss, regulatory exposure, and reputational risk

  • Engage with control colleagues across the firm, business, operations management, legal, compliance, risk, audit, regulators and technology control functions

  • This individual will primarily support the Chase Auto Marketing organization and the Direct Auto Channel

  • Role will work with the Marketing and Consumer Direct organization within Chase Auto

  • Expected travel (10-15%)

Additional Responsibilities for Managers (if applicable)

  • Provide ongoing feedback and training and develop employees on risk concepts and the application to risk and control evaluation

Qualifications:

  • Bachelor's degree or equivalent experience required

  • 7+ years of financial service experience in controls, audit, quality assurance, risk management, or compliance preferred

  • Proficient knowledge of control and risk management concepts with the ability to design, create and evaluate a Risk & Control Self-Assessment in conjunction with business partners

  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio)

Skills:

  • Business knowledge - ability to understand the business / knowledge of regulation surrounding business

  • Communication/presentation - excellent written and verbal communication skills with an ability to influence business leaders in a meaningful and actionable manner

  • Networking exceptional interpersonal skills; exceptional collaboration and relationship building skills

  • Work autonomously to affect change - flexible, adaptable to shifting priorities; manages competing priorities to achieve the most effective result and able to work in a fast-paced, results driven environment

  • Process analysis / design acumen ability to understand a process and associated risk to inform control design

  • Problem solving / Analytical skills - solid critical thinking, attention to detail and analytical skills; able to synthesize large amounts of data and formulate appropriate conclusions

  • Understanding root cause / identifying control breaks

  • Developing timely and sustainable solutions

  • Analyze metrics for emerging risk

  • Implementation skills

  • Writing Action Plans, Procedures

  • Change Management

  • Ability to make subjective and informed decisions based upon output, influence stakeholders and justify decision making

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Consumer & Community Bank Control Management Associate

Jpmorgan Chase & Co.

Posted 6 days ago

VIEW JOBS 10/12/2019 12:00:00 AM 2020-01-10T00:00 Consumer & Community Bank - Control Management - Associate Req #: 190075601_1 Location: Plano, TX, US Job Category: Accounting/Finance/Audit/Risk Job Description: JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com Consumer & Community Banking (CCB) offers an intriguing array of career opportunities within its well-established business units and support functions. Consumer & Community Banking's unwavering commitment to attract, train, develop, and retain the best talent is on constant display within its highly-visible Control Management organization The Consumer Banking (CB) Business Control Team's primary function is to implement an effective control framework across the CB organization, looking within and across the lines of business, to identify and remediate control issues with a sense of urgency regardless of the source. The Team works in partnership on the development of new, and oversight of existing, controls and protocols throughout the Firm and provides a centralized view of and from all control functions, assisting in immediate, real time problem detection and escalation. This Control Manager, Associate position requires a strong knowledge and background in controls management as well as familiarity with compliance and/or audit best practices. The candidate will lead the governance of issue escalation, including oversight of the engagement between Controls Management and the Consumer Banking line of business. The candidate will also be expected to serve as an expert resource for the Firmwide and CCB Controls Management and Issue Management Governance standards and apply their expertise to the reporting and PowerPoint documentation created to support the efforts of the CB Controls Management team. Control Management (CM) maintains a strong and consistent control environment across the firm. With Control Managers appointed for each Line of Business, Function and Region, there is a comprehensive coverage and joint accountability model with the business executive that promotes early operational risk identification and assessment, effective design and evaluation of controls and sustainable solutions to mitigate operational risk. Control Management focuses on four areas: 1) Control design and expertise 2) Risks and controls identification/assessment 3) Control breaks and resolution 4) Control governance & reporting Role Responsibilities: * Partner with stakeholders to evaluate and perform an end-to-end analysis of the business' risk and control environment to identify significant gaps and weaknesses and determine root cause of control breaks * Ensure that controls are properly designed, operating effectively, and essential to a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols * Lead executive process, risk, control, business reviews and deep dives with line of business leaders and control partners * Lead project/program activities involving data preparation, document creation and oral presentation of analytical results * Create visually compelling charts/graphs and PowerPoint Presentations for standard and ad-hoc requests * Engage with control colleagues across the firm, business, operations management, legal, compliance, risk, audit, regulators and technology control functions * Provide credible challenge to business partners to ensure risk based approach and consistency across CCB * Provide leadership support and governance for the end-to-end execution of the Control Management program while also performing ongoing analysis of program-related data * Provide technical support for existing Issue Management reports, dashboards, or other governing tools & identify opportunities to improve processes and overall service delivery Qualifications: * Bachelor's degree or equivalent experience required * 5-7 years of experience in financial services industry with background in controls, audit, quality assurance, operational risk management, or compliance preferred; or equivalent subject matter expertise in a relevant business related function/operation * Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio) required and data analytics preferred using Excel, Access * Advanced skills in PowerPoint preferred Skills: * Business knowledge - ability to understand the business / knowledge of regulation surrounding business * Communication/presentation - excellent written and verbal communication skills with an ability to influence business leaders in a meaningful and actionable manner * Networking – strong interpersonal skills; strong collaboration and relationship building skills * Work autonomously to affect change - flexible, adaptable to shifting priorities; manages competing priorities to achieve the most effective result and able to work in a fast-paced, results driven environment * Decision Making/Judgement - moderate level of independent decision making using sound judgement * Problem solving / Analytical skills - solid critical thinking, attention to detail and analytical skills; able to synthesize large amounts of data and formulate appropriate conclusions * Understanding root cause / identifying control breaks * Developing timely and sustainable solutions * Analyze metrics for emerging risk * Implementation skills * Writing Action Plans, Procedures * Change Management Jpmorgan Chase & Co. Plano TX

Consumer & Community Banking Control Management Control Manager (Chase Auto) Vice President

Jpmorgan Chase & Co.