CA EXP Required at JP Morgan as Oversight & Control Officer, Vice President,
CIB - Vice President - Risk - Mumbai-140075772
Job Description
Job Title: Oversight & Control Officer, Vice President, Mumbai
About J.P. Morgan
J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Our Team
Firm-wide Oversight and Control (O&C) is designed to ensure a strong and consistent control environment across the organization, regardless of line of business or functional area. With Control Officers appointed for each line of business, function and region, we have a comprehensive coverage/accountability model that promotes firm-wide dialogue and consistency in approach and solutions. Our guiding principles are to:
- Establish appropriate and meaningful controls and operational risk measures across the firm
- Execute robust, enterprise-wide governance and oversight of the end-to-end control environment.
Opportunity
The successful candidate will join the regional Global Service Centre Oversight & Control team, based in Mumbai, and will report into the Global Service Centre Oversight & Control executive. The role entails provision of support to the regional executive across all aspects of the regional Oversight & Control agenda. These responsibilities will include:
- Influencing the development of the controls strategy across the Global Service Centre
- Representing the regional Oversight & Controls team in senior regional controls fora
- Proactively promoting risk awareness at all levels across the region
- Driving the management of the regional program of operational risk management & operational control
- Conducting process reviews/thematic reviews based on high risks areas
- Proactively driving identification of control gaps and mitigants
- Conducting error reporting and root cause analysis
- Supporting execution of CIB global and regional controls initiatives
- Reporting and publishing cross lines of business controls score-cards and providing updates/inputs into regional and global controls reporting
- Timely escalation to senior management on matters requiring attention
- Tracking of identified control gaps, recommending corrective actions, agreeing ownership and target dates, monitoring corrective actions progress to completion
- Proactively sharing and comparing controls and findings with the peer community to constantly improve the regional control framework
- Leading information requests and reviews from External/Internal Audit and Regulators
- Interacting with multiple functions across the CIB, including: Operations, Financial Control, Business Management, Legal, Compliance & Technology
- Providing other ad hoc support to the regional executive as required
Qualifications
Qualifications
The successful candidate will demonstrate the following skills and experience:
- A minimum of 7-10 years experience in an operations or risk and control role
- Knowledge of the banking, investor services, or markets businesses preferred
- A high level of organizational and time management skills with the ability to manage multiple streams of work
- A team player, prepared to work in a fast-paced, deadline-driven environment, and be able to work overtime as needed
- Strong analytical and technical skills
- Advanced expertise in MS Power Point and proficient in MS Word and Excel
- MBA, Finance Degree, or Chartered Accountant preferred
