AWM Risk - Wealth Management - JPM Securities Risk Officer - Executive Director AWM Risk - Wealth Management - JPM Securities Risk  …

à New York, NY, États-Unis
CDI, Plein-temps
Dernière candidature, 18 sept. 19
à New York, NY, États-Unis
CDI, Plein-temps
Dernière candidature, 18 sept. 19
AWM Risk - Wealth Management - JPM Securities Risk Officer - Executive Director
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, 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.

Wealth Management, part of JPMorgan's Asset & Wealth Management division, provides an exceptional breadth and depth of wealth management solutions including investing, wealth structuring, capital advisory, philanthropy and banking. J.P. Morgan's wealth management solutions are provided through the Private Bank, J.P. Morgan Securities Corporation ( JPMS) and Chase Wealth Management ( CWM).

Risk is an inherent part of JPMorgan Chase's business activities and the firm's overall risk tolerance is established in the context of the firm's earnings power, capital, and diversified business model. The firm's risk management framework and governance structure are intended to provide comprehensive controls and ongoing management of the major risks inherent in its business activities. It is also intended to create a culture of risk awareness and personal responsibility throughout the firm. The firm's ability to properly identify, measure, monitor, and report risk is critical to both its soundness and profitability. JPMorgan Chase believes in a holistic approach to risk analysis by incorporating key risk disciplines including Credit, Market, Principal, Liquidity, Operational, Model, Legal, Fiduciary and Reputation and weighing these against returns.

WM Risk is seeking an experienced risk professional to oversee JPMS Risk and also contribute to the broader risk function across wealth management. This Risk Officer will be based in New York and report to the WM US Chief Risk Officer (in New York) and will work closely with senior managers in the business as well as other control functions in Wealth Management.

JPMS functions through a Financial Advisor model, where the FA is the anchor of the client relationship, and is supported by the infrastructure to provide advisory, discretionary and brokerage products, including Reg-T Lending. The JPMS Risk Officer will be primarily responsible for overseeing the inventory of risk generated through this operating model, including the oversight of the suitability methodology / application of suitability for the JPMS clients, the fiduciary risk of the advisory and the discretionary book, and the Reg T Lending book.
Role description and responsibilities:
  • Ensure the agenda for WM US Risk is communicated and implemented consistently ·
  • Act as point of contact for regulatory matters related to JPMS Risk.
  • Ensure appropriate policies and procedures are in place, and kept up to date, and that compliance is maintained.
  • Execute duties as senior manager responsible for JPMS Risk. Ensure Risk MI sufficient to execute responsibilities in an appropriate manner.
  • Responsible for oversight of the fiduciary risk in the Discretionary and Advisory portfolio. Ensure consistency with WM and firm-wide fiduciary policies, underwriting guidelines, risk rating methodologies and credit policies.
  • Develop and maintain an environment of open communication, escalation and independent challenge.
  • Identify opportunities in Risk to improve efficiencies and enhance processes. Able to oversee projects and drive change.
  • Partner with Regional Heads of Legal, Compliance and Oversight & Controls to establish seamless oversight of business.
  • Research and formulate conclusions to broad risk issues


  • Executive Director/Vice President with 10 years' experience in the financial services industry related to risk management.
  • Experienced at interacting with senior management and regulators with a strong understanding of the regulatory framework
  • Strong communication and interpersonal skills; with an ability to make decisions, drive results and demonstrated ability to prioritize multiple tasks to meet overall objectives
  • Experience of operating within and managing a team within matrixed reporting lines
  • Excellent analytical and problem-solving skills; inquisitive nature and comfortable challenging practices/status quo.
  • Energetic, self-motivated and effective under pressure - must enjoy the challenge of working within a fast-paced and demanding working environment
  • Strong knowledge of brokerage business a plus
  • Minimum Bachelor's degree, MBA preferred