Operational Risk Management - VP
Edinburgh, United Kingdom | J.P. Morgan
Job Description:51 people have viewed this job
Ensure that the JPMorgan Operational Risk Framework is in place and operating effectively within EMEA Securities Services and the Corporate Service Centers.
Act as point of expertise for Operational risk, advising business partners and other functional groups, on emerging and key risk trends, fiduciary issues, product strategy, deals, risk appetite and tolerance.
To conduct regular deep dives and Significant Event Reviews on the Security Services businesses in EMEA identifying key risks and mitigation measures; Participate / drive key firm wide risk initiatives.
Develop, maintain, and review Operational Risk Policies, monitoring implementation and on-going compliance.
In crisis scenarios, independently assess business processes (e.g. playbooks), highlight risk scenarios / recommend solutions and proactively manage risks resulting from existing or potential market events.
Provide independent operational Risk oversight in key governance forums within EMEA and the Corporate Service Centers, including Business Control Committees, Transaction Approval Committees.
Provide Operational Risk Management oversight and independent challenge of changes to core processes that result from industry regulatory and/or business decisions and strategic initiatives.
Conduct reviews on new business initiatives, new service/product operational capabilities and new proposals (or changes) to location strategy.
Provide Operational Risk Management oversight and independent challenge of significant new deals, changes or exceptions to standard legal terms and non-standard arrangements and/or transactions.
Liaise with regulators in respect of Operational Risk matters.
Financial services background, with experience in the industry.
Strategic thinker with strong analytical and project management skills.
Well-developed leadership and people management skills, ability to drive change; strong influencing skills.
Excellent written and verbal communication and presentation skills. Ability to understand risks and their drivers and to form, articulate and explain views.
Ability to multi task, prioritize and deal with multiple tasks in a fast paced and evolving environment.
Confidence and ability to make balanced decisions and effectively represent CIB ORM and JPM.
Experience in interacting with global partners and senior management across businesses and geographies.
Proactive and self-motivated with the ability to act independently.
Ability to lead and direct the risk agenda.
Detailed knowledge of Global Custody and Fund Services products will be an advantage as will previous Risk and/or audit experience.