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  • 5 - 8 Years
  • Posted : above 1 month

Job Description:

Associate - Risk Policy Management Req # 190073397

Location Bangalore East, KA, IN

Job Category Credit

JP Morgan is a leading global financial services firm, established over 200 years ago

We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management

We have assets of $25 trillion and operations worldwide

We operate in more than 100 markets

We have more than 243,000 employees globally

Our wholesale businesses include JP Morgans Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families

Our corporate functions support the entire organization and include the following functions Accounting, Audit, Finance, Human Resources, Operations, and Technology

JP Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses Our Corporate Centres are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firms operations regionally and globally The Centres provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions

Risk Management Function

Risk Management function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment

CCB Risk

Chase Consumer & Community Banking (CCB) serves consumers and small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice Consumer & Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among others

The Consumer and Community Banking(CCB) Risk Management Policy and Governance Group is an integral part of the CCB Risk Management team, operating across all areas of the CCB and working in close partnership with the Firmwide Risk Management Policy Group On an increasing basis risk management policies are forming part of the firms response to new regulations and guidance impacting specific businesses, initiatives or regulatory registrations As such, policy management is an area of increasing importance in the firm and in the industry The groups main focus is CCB Risk Management policy governance and practices

A dedicated program has been established to govern and oversee Legal Obligations (OLO) within Risk Management globally The Associate will engage in policy mapping coordination of the Program within Consumer and Community Banking Risk Provide day-to-day administration of the operating model, working in close partnership with the Risk Management & Compliance OLO Team and the CCB OLO Team, in addition to other key stakeholder groups including Compliance, Legal, Oversight & Control, Technology and Business Management

Core responsibilities include

Build knowledge of Risk Management, its policies and procedures, banking and consumer regulations/laws in order to understand legal and regulatory obligations applicable to respective teams

Evaluating regulatory event change notifications and identifying impacting CCB Risk processes

Researching and validating if changes have been made in other part of the organization (eg CCB)

Assist with engaging the Risk Subject Matter Experts and Business Managers responsible for the processes impacted by the legal obligations to validate the impacts and changes required

Providing recommendations for process changes required based on the regulatory changes identified

Conduct quality assurance reviews on Legal Obligation Mapping completed to confirm impacts and revise where needed

Identification of process improvement opportunities for reviews and automate processes

Ability to work in multiple OLO systems and coordinate results

Bachelors degree, or equivalent job experience

Minimum 5 years of experience in Risk Assessment, Compliance / Regulatory review Knowledge of the Risk Management organization a plus

Strong and current knowledge and understanding of Risk and Control Assessments or Self Assessments or Change Risk Assessments

Proven analytical thinker with ability to identify, analyze and solve problems in a thoughtful manner, with diplomacy and professionalism

Excellent written and oral communication skills and attention to detail

Strong analytical and influence skills to analyze results

Ability to identifying risks and oversee the development of process improvement/action plans

Able to critically challenge when warranted with the goal of resolving issues

Excellent MS Office Suite skills (Word, Excel, Visio, PowerPoint, and Access)

Strong attention to detail

Must be a self-starter who is able to work in a fast paced, results driven environment and capable of communicating and escalating appropriately

Ability to multi-task and shift priorities as needed

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Banks/Insurance/Financial Services
Role : Banking -General
Salary : As per Industry Standards
Deadline : 08th Mar 2020

Key Skills:

Company Profile:

JPMorgan Chase & Coarfix

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