Control Manager - Markets Rates Trading - Senior Associate

Posted 13 Hours Ago
Be an Early Applicant
New York, NY
Hybrid
Mid level
Financial Services
The Role
As a Control Manager, you will oversee governance and controls for the North American Rates and Credit Portfolio Group Derivatives. Responsibilities include implementing business controls, managing risk governance, executing audits, and building relationships with stakeholders. You will ensure compliance with policies while driving improvement in the control environment.
Summary Generated by Built In

Job Description
Join JPMorgan Chase's Business Controls Management team, where we develop and implement the first line of defense governance and controls for the Commercial & Investment Bank. Our team is focused on governance, ownership, enhancement, and execution of controls across Business, Operations, and Technology.
Are you a strategic thinker ready to ensure a robust controls environment for our front office team? Join our evolving team focused on governance and controls, covering the North American Rates, Fixed Income Financing, and Credit Portfolio Group Derivatives businesses. This role offers the opportunity to drive impactful solutions and collaborate with senior leaders across the organization.
As a Business Control Manager within the Commercial & Investment Bank Markets Trading Controls Team, you will cover the North American Rates, Fixed Income Financing, and Credit Portfolio Group Derivatives businesses. You will be responsible for control design, implementation, evaluation, and representation to internal and external parties, including global regulators. Building strong relationships with stakeholders and maintaining a robust control environment are integral parts of your role.
Job Responsibilities:

  • Represent Front Office interests in control and regulatory initiatives.
  • Provide guidance on controls audits, testing, and business regulatory exams.
  • Execute and implement business controls priorities and strategy.
  • Manage the risk and control governance framework and reporting.
  • Drive business control forums, ensuring critical business operating risks are covered.
  • Execute ad hoc requests, control deep dives, and projects.
  • Review action plans from CORE, ensuring material risks are mitigated.
  • Identify, escalate, and record operational errors, performing risk analysis.
  • Review incidents with stakeholders to agree on root causes and remedial actions.
  • Coordinate thematic reviews to improve the control environment.
  • Ensure correct implementation of Policies and Procedures on Front Office Supervision.


Required Qualifications, Capabilities, and Skills:

  • 3+ years of financial services experience in controls, audit, quality assurance, risk management, governance, or compliance.
  • Highly motivated, energetic self-starter who takes ownership.
  • Knowledge of risks, controls, and relevant regulations.
  • Ability to prioritize against complex business demands and deliver on multiple priorities.
  • Strong relationship-building skills with colleagues, business leaders, and functional partners.
  • Effective communicator with clear verbal and written updates.
  • Problem-solving skills with critical thinking and attention to detail.
  • Good organizational skills to manage multiple tasks within deadlines.
  • Good judgment and poise to interact with senior management.
  • Strong team player with excellent partnering and influencing skills.
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio).


Preferred Qualifications, Capabilities, and Skills:

  • Experience in a Control Manager function or knowledge of Markets, preferably Fixed Income products.
  • Understanding of the end-to-end product life cycle for Fixed Income products.
  • Understanding of North American regulations (e.g., Dodd Frank, Libor reform, Volcker).
  • Familiarity with trading and execution venues.


About Us
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

What the Team is Saying

Nick S.
Lupe C.
Edwin T.
Dawn T.
Meng M.
The Company
New York, NY
250,000 Employees
Hybrid Workplace

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, 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.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

Gallery

Gallery

JPMorganChase Teams

Team
CONTINUOUS LEARNING AND INNOVATION
About our Teams

JPMorganChase Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Not Specified
New York, NY

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account