Risk Management - Regulatory Strategy Lead - Vice President

Posted 2 Days Ago
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New York, NY
Hybrid
Senior level
Financial Services
The Role
As a Vice President in Risk Engagement, you will manage regulatory relationships and lead regulatory examinations for the Commercial and Investment Bank. This includes collaborating with senior leaders, coordinating responses to regulatory inquiries, and developing strategic advice for engagement with banking regulators such as FRB and OCC.
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Job Description
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.
As a Vice President in the Risk Engagement team, you will have a lead role in managing the regulatory relationship within the Commercial and Investment Bank coverage area. This role is responsible for collaborating with senior leaders across the Commercial and Investment Bank, related control management and corporate functions to provide strategic advice and manage regulatory examinations and other regulatory engagements conducted by the FRB, OCC, FDIC and other banking regulators. Coverage areas include, but are not limited to: Credit, Counterparty Credit, Liquidity and Market Risk areas.
The Regulatory Engagement team is a centralized resource within Risk Management and Compliance that manages regulatory exams and ongoing monitoring activities.
Working directly with regulators and internal stakeholders, you will lead and coordinate the firm's responses to exams; field, direct, and respond to ad hoc regulatory inquiries; chair regulatory meetings; and develop reports for senior management. You will gain exposure to a broad range of regulatory issues and topics as they affect various stakeholders, and will be responsible for the execution of the overall strategy for regulatory engagements. In this role, you will maintain a high degree of visibility within the organization, through regular interactions with senior business and functional leaders.
Job Responsibilities

  • Advise, influence, and challenge the accountable LOB or Function lead and other exam partners in preparation for, and engagement in, regulatory engagements.
  • Lead regulatory examinations through the exam lifecycle, as well as ongoing monitoring engagements.
  • Escalate issues that arise in the course of engagements promptly and effectively.
  • Establish and maintain strong working relationships between the regulators and the Firm.
  • Partner across lines of business and functions within JPMorgan Chase to deliver fulsome and consistent responses to regulatory inquiries.
  • Provide reporting to senior stakeholders highlighting activity on, and focus areas of, regulatory engagements.
  • Maintain thorough and accurate records of exams in progress, recurring meetings, and MIS reporting provided to regulators.
  • Oversee and coordinate content of presentation materials for regulatory engagements.


Required qualifications, capabilities and skills

  • 7+ years of relevant experience, including experience at a large financial institution or regulator, consulting or legal firm
  • Background or experience in risk management
  • A strong track record of managing relationships at a senior level
  • Superior communication skills, including active listening and the ability to capture and deliver key takeaways from engagements in writing
  • Knowledge of and experience with regulators' exam processes and regulatory matters
  • Ability to perform under pressure and to manage competing priorities under tight deadlines
  • Attention to detail and commitment to doing quality work in a comprehensive manner
  • Strong Microsoft PowerPoint, Word, and Excel skills


Preferred qualifications, capabilities and skills

  • Experience managing OTC Derivatives (cleared and non-cleared), Futures and Options, Securities Financing and Securities Prime Services, (Central Clearing Counterparty (CCPs) and Commodities regulatory engagements at a counterparty level is preferred.


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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm's needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.

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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.

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