Firmwide Allowance Control Manager - Vice President

JobID: 210522905

Category: Control Officers

JobSchedule: Full time

Posted Date: 2024-06-17T17:54:14+00:00

JobShift: Day

Base Pay/Salary: Jersey City,NJ $118,750.00-$190,000.00

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

Within Risk Management & Compliance Chief Financial Officer, Control Management plays a critical role in maintaining a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. Our team focuses on four areas: Risk Identification & Assessment, Control Design & Evaluation, Issue Management and Control Governance & Reporting.

As a Firmwide Allowance Control Manager - Vice President within Risk Management & Compliance, you will be at the center of keeping JPMorgan Chase strong and resilient. You will help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers, and communities. You will be a part of a diverse and talented team of Risk Management & Compliance Chief Financial Officer Control Managers committed to comprehensive securities and exchange commission, Comprehensive Capital Analysis and Review and External Risk reporting control environment.

Job Responsibilities

• Lead the end-to-end analysis of the Allowance for Credit Losses control environment to identify significant gaps and weaknesses, determine root cause of control breaks, and review actions taken to remediate issues

• Manage the regulatory exam and internal/external audit activities for Allowance for Credit Losses deliverables and work with teams across the Finance and Risk organizations

• Assess ACL 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

• Execute the Compliance and Operational Risk deliverables related to Allowance for Credit Losses controls that include Compliance Risk Assessment, Legal Entity Risk and other internal/external requests

• Support the senior management control review meetings by providing narratives and analysis

Required qualifications, capabilities, and skills

• Bachelor's degree

• Minimum 5 years of experience in Risk Management, Control Management, Internal Audit, Financial Reporting, or a related field

• Excellent MS Office skills including Microsoft Excel, PowerPoint, etc.

• Control Mindset - knowledge of processes to develop and maintain a strong control environment, including the ability to analyze problems and find solutions

• Strong organizational/Program management skills and ability to manage multiple streams of work concurrently in a flexible, fast paced, and exciting environment

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

• 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

Preferred qualifications, capabilities, and skills

• SOX control or financial reporting and/or control experience is a plus

• Credit / loan risk management experience is a plus