Model Risk Governance and Review Control Management - Associate

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 Model Risk Governance and Review ("MRGR"), 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.

This position requires a candidate who has or will develop knowledge and technical expertise related to implementing and maintaining a comprehensive Firmwide model risk control environment. With this expertise you will have the opportunity to:

• Be a part of a diverse and talented team of MRGR Control Managers committed to comprehensive firmwide model risk control environment
• Work on regulatory driven initiatives and deliverables in a global bank that is systemically important to US economy and beyond
• Lead the control initiatives related to firmwide model risk governance & review processes and work with various stakeholders

Key Responsibilities:

• In partnership with stakeholders, evaluate and perform an end-to-end analysis of the business’ risk and control environment to identify significant gaps and weaknesses, determine root cause of control breaks, and review actions taken to remediate issues
• Comprehensive management of issues identified by regulatory bodies, audits, and business operations.
• Design new controls and adjust existing ones to align with changes in policies, standards, and procedures.
• Develop and present comprehensive reports and scorecards on control effectiveness and issue management to senior management.
• Maintain accurate and comprehensive records of all internal controls, audits, compliance activities, and risk assessments, confirming proper documentation and easy retrieval.
• Perform ongoing analysis of program related data (e.g., KRI/KPI) and develop ad-hoc reports as requested to support business-related programs and strategies.
• Coordinate senior management control meetings and prepare related materials.

Minimum Skills, Experience and Qualifications

We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.
Experience:

• Bachelor’s degree 
• 3 - 5 years of experience in Risk Management, Control Management, Internal Audit, Financial Reporting, or a related field 

Soft Skills:

• Capability to evaluate regulatory examinations and audit requests and independently formulate appropriate responses.
• Demonstrated ability to work across diverse groups to understand issue drivers and business requirements while collaborating with partners to build consensus and execute the agreed plans
• Highly Analytical and inquisitive in nature with a desire to understand the “why”
• Strong organizational skills and ability to manage multiple streams of work concurrently in a flexible, fast paced, and exciting environment
• Independent, motivated, detail oriented and robust sense of personal responsibility

Technical Skills:

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

JPMorgan Chase & Co., 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 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.