Jp Morgan Wealth Management – Investment Professional jobs at Jpmorgan in United States, Chicago

Elevate your career by joining our Tax Operations Team as a Vice President, where you'll support FATCA and CRS reporting requirements for USPB and Alt Funds. This is a unique opportunity to enhance your expertise and strategic vision within a dynamic leadership environment. You'll play a pivotal role in shaping our direction and driving impactful results. Lead with us and make a significant contribution to our success.

As a Wealth Management Trusts & Estates Tax Operations, Vice President within the Trusts & Estates and Tax Operations team within Wealth Management (WM), you will be crucial in supporting the US Private Bank by ensuring the timely and accurate completion of CRS and FATCA reporting. You will lead the CRS Indicia Cure Process, enhance tax compliance procedures, and collaborate with cross-functional teams to ensure effective execution of regulatory reporting obligations. Additionally, you will monitor regulatory changes, manage reporting and documentation, provide oversight of third-party tax services vendors, and drive continuous improvement initiatives to streamline processes and enhance tax compliance operations.

Job responsibilities

• Manage CRS Tax Profile Process: Oversee the creation, maintenance, and validation of CRS Tax Profiles, ensuring compliance with Common Reporting Standards (CRS) and FATCA regulations
• Coordinate AML/KYC Reviews: Lead the annual Self-certification review against AML/KYC process for pre-existing and current clients, ensuring accurate and updated client information is maintained and develop and implement strategies to improve tax reporting processes and enhance operational efficiency
• Analyze data for consistency and accuracy; liaise with appropriate team(s) and/or individual(s) to facilitate the required adjustments
• Oversee CRS/FATCA Self-Certification Management: Manage the reception, upload, and storage of Subscriber Tax Information Forms (STIFs) and Fund Investor Logs (FILs), coordinating with PWC and internal teams to ensure timely processing
• Lead CRS Indicia Cure Process: Direct the CRS Indicia Cure process, including the management of CRS Indicia tickets, ensuring timely resolution and compliance with regulatory requirements
• Enhance Tax Compliance Procedures: Identify opportunities for process improvements and lead transformation projects to enhance tax compliance procedures, including the implementation of new systems and workflows
• Collaborate with Cross-Functional Teams: Work closely with Client Services, Tax Compliance, and Alternative Investments teams to ensure alignment and effective execution of regulatory reporting obligations
• Monitor Regulatory Changes: Stay informed of changes in CRS and FATCA regulations, updating procedures and systems as necessary to maintain compliance
• Manage Reporting and Documentation: Ensure accurate and timely reporting of CRS/FATCA client information, including the preparation of annual reports and maintenance of procedure documentation
• Provide oversight of Third-Party Tax Services Vendor to ensure tax filings are completed
• Drive Continuous Improvement: Lead initiatives to streamline processes, reduce manual efforts, and enhance the efficiency and accuracy of tax compliance operations

Required qualifications, capabilities, and skills

• BA/BS required
• 5+ years of tax experience with a large financial institution
• Experience supporting Information of Common Reporting Standards (CRS) and Foreign Account Tax Compliance Act (FATCA) reporting
• Understanding of tax certifications via Form W-8, Form W-9, and CRS Self-Certification
• Robust communication and interpersonal skills
• Excellent computer skills: MS Office Suite (Access, Excel, PowerPoint, Word)

Preferred qualifications, capabilities, and skills

• Big 4, law firm or large financial institution preferred

As the Vice President within the Wholesale Lending Reporting Control team, you will lead through a period of change, influencing and building partnerships with the SEC and Regulatory teams as well as Accounting/Legal Policy, Line of Business Product Controllers, Wholesale Loan Operations, and Risk professionals. You will have the opportunity to leverage advanced technologies for problem-solving and productivity enhancement, focusing on providing "best in class" reporting to both internal and external clients.

Job responsibilities

• Develop criteria to evaluate MDRM level logic for external reporting of loans impacting filings such as Y-14Q, Y-9C, Call Report, SEC, CRA, FDIC 370, FRB pledge programs, etc.,
• Develop a deep understanding of credit systems and processes in order to extract insights from existing data while identifying and recommending enhancements to improve data quality
• Collaborate with cross-functional teams to conduct impact assessment and tactical/strategic implementation of new regulatory reporting instructions affecting wholesale loan disclosures
• Produce accurate, error-free analysis and reporting. Understand business drivers and ensure that analyses are appropriate and well-structured
• Provide support for occasional ad hoc requests and routine reporting associated with wholesale lending products
• Manage projects and initiatives related to regulatory classification of loans and unfunded credit commitments
• Advocate for and identify opportunities to drive automation across wholesale lending external reporting and control function
• Develop and maintain strong relationships with key stakeholders, including Product Controllers, Operations, Credit Risk, Audit, Accounting/Regulatory Policy, and Technology teams
• Represent Wholesale Lending Firm-wide External Reporting Controller team through engagement with senior stakeholders, regulators and other external parties

Required qualifications, capabilities and skills

• 6+ years of experience in financial control, regulatory external reporting, or related roles, with a strong background in the banking or financial services industry
• Excellent verbal and written communication skills, with the ability to present complex and sensitive issues to management in a concise and persuasive manner
• Ability to synthesize large amounts of data and formulate appropriate conclusions and train others to this level of understanding and actionable results
• Ability to build partnerships at all levels across functions to promote collaboration and drive decision making
• Flexibility to work under pressure to meet changing work requirements and strict deadlines - while maintaining attention to detail and a controls mindset
• Strong organizational and project management skills, with an ability to manage multiple competing priorities
• Proficiency in data profiling and data analysis toolset/visualization e.g., Alteryx, Xceptor, AWS Databricks, SQL or similar query language, and dashboard creation using Tableau
• Ability to leverage advanced technologies for problem-solving and enhancing productivity, including development and use of LLMs

Preferred qualifications, capabilities, and skills

• CPA license
• Knowledge of loan classification and relevant regulatory reporting instructions

Job responsibilities

• Executes creative software solutions, design, development, and technical troubleshooting with ability to think beyond routine or conventional approaches to build solutions or break down technical problems
• Develops secure high-quality production code, and reviews and debugs code written by others
• Identifies opportunities to eliminate or automate remediation of recurring issues to improve overall operational stability of software applications and systems
• Leads evaluation sessions with external vendors, startups, and internal teams to drive outcomes-oriented probing of architectural designs, technical credentials, and applicability for use within existing systems and information architecture
• Leads communities of practice across Software Engineering to drive awareness and use of new and leading-edge technologies
• Serves as the main point of contact during major incidents for your application and have the skills to identify and solve the issue quickly to avoid financial loss to the business
• Responsible for Code Reviews, Perf Test Results & Test Evidence and change requests before production deployment, and raising flags for any issues with code, test evidence, or change backout strategies.

Required qualifications, capabilities, and skills

• Formal training or certification on software engineering concepts and 3+ years applied experience
• Experience managing applications or infrastructure in a large-scale technology environment both on public cloud preferably AWS
• Proficient in observability and monitoring tools and techniques
• Fluent in at least one programming language such as: Python, Java/Spring Boot.
• Advanced knowledge of software applications and technical processes with emerging depth in one or more technical disciplines
• Proficient knowledge and experience in observability such as white and black box monitoring, service level objective alerting, and telemetry collection using tools such as Grafana, Dynatrace, Prometheus, Datadog, Splunk, and others
• Proficient with continuous integration and continuous delivery tools like Jenkins, GitLab, or Terraform
• Proficient with container and container orchestration: (ECS, Kubernetes, Docker)
• Experience with troubleshooting common networking technologies and issues
• Actively self-educates, evaluate new technology, and recommend suitable ones

Introductory marketing language

As a Product Management Associate in Private Fund Services, you will help govern and define our private markets fund administration product. You’ll become a Subject Matter Expert, providing thought leadership and guidance, and work closely with partners in Operations, Risk, Technology, Product Development, Compliance, and Sales/Relationship Management to deliver best-in-class solutions for our clients.

Job responsibilities

• Define and document the standard product definition, ensuring alignment with global fund offerings
• Manage the legal and regulatory landscape to ensure product compliance
• Act as a subject matter expert with product partners
• Collaborate with Sales to define and agree on the target profile of prospective clients
• Produce and present marketing materials, coordinate RFP responses, and provide pricing proposals
• Work with Operations to develop deal solutions and target operating models
• Negotiate legal contracts within agreed parameters
• Develop strategic relationships with key client decision-makers and act as escalation point
• Manage product profit and loss at a client level, identifying operational inefficiencies and service opportunities

Required qualifications, capabilities, and skills

• Experience with private markets fund administration and/or accounting and operations
• Knowledge of the private markets fund space
• Ability to manage to tight deadlines with flexibility
• Strong written and verbal communication skills
• Pragmatic problem solver and analytical thinker
• Ability to synthesize information, prioritize business goals, and drive results with urgency and attention to detail
• Ability to generate support from stakeholders and build strong internal relationships

Preferred qualifications, capabilities, and skills

• Experience presenting to client boards and senior stakeholders
• Familiarity with fund administration platforms and technology solutions
• Ability to identify and drive operational efficiencies
• Experience negotiating legal contracts in a financial services environment

As the Credit Risk Vice President within the Diversified Industries team, you will lead the credit origination and portfolio management of non-investment grade / leveraged companies. You will lead the structuring of new lending activities, analyze and approve other credit requests, facilitate regulatory monitoring, and perform on-going portfolio monitoring. In each capacity, the Credit team works in partnership with Investment Banking Coverage, Global Corporate Banking, Debt Capital Markets, and many other product partners to meet the needs of clients.

You will develop a broad and deep understanding of the business, financial, competitive, and industry risks faced by clients in the assigned portfolio. You will report to a senior Credit Executive and will be supported in day-to-day work by a dedicated team of Analysts and Associates. You will also play an important role in mentoring and developing junior talent to enhance the performance of the broader team.

Job Responsibilities

• Identify the key risk factors associated with clients, transactions, and industry sub-sectors across an assigned portfolio, and develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, industry and other factors
• Lead and/or participate in client due diligence by way of attending client, bank, and other meetings to develop a better understanding of client companies, management teams, and industry sectors, and using financial models to incorporate the impact of forward-looking risk assessment on key value drivers, ultimately developing and recommending appropriate credit structures relative to risk assessment
• Apply corporate finance and accounting expertise to develop appropriate financing structures, and prepare and review credit approval materials, ensuring all credit risk policies are followed
• Review and negotiate legal documentation to ensure terms are appropriate and consistent with credit approval
• Ensure risk ratings are accurate and reflect a current forward-looking view of the client, while providing early identification and proactive management of deteriorating credits and other problem situations
• Prepare and present quarterly financial snapshot of the Diversified Industries portfolio, as well as annual portfolio review materials to senior management
• Assist in training and developing analysts, and work closely with analysts and our middle office and data teams to ensure accuracy of credit system data

Required Qualifications, Skills and Capabilities

• BA/BS degree is required
• Minimum 5 years of commercial/investment banking lending experience including extensive credit, structuring, and marketing.
• Possesses a solid understanding of financial products, corporate finance, financial modeling and market dynamics
• Advanced knowledge of financial statements and accounting
• Experience with documentation related to credit agreements
• Knowledge/experience of derivative products and documentation (including ISDA and CSA)

Preferred Qualifications, Skills and Capabilities

• MBA is a plus
• Excellent communication skills, both verbal and written
• Ability to effectively present analysis and interact with key stakeholders
• Capability to perform due diligence and negotiation with clients
• Ability to perform well under pressure in a demanding environment managing multiple tasks at the same time