JPMorgan Compliance Risk Management Lead - Vice President 

United States, New York, New York 

370249277

As a Compliance Risk Management Lead within the J.P. Morgan Wealth Management’s Solutions Compliance Group, you will be a part of an innovative and talented team supporting the Global Private Bank's Solutions business. You will need to possess operational and regulatory knowledge and experience with managed account and retirement products and services and will be expected to strategically partner with the business and other control functions to ensure that practices, processes, and controls are in compliance with applicable laws, rules and regulations.

You will also be responsible for related policies, risk and control assessments, monitoring and testing, and training. Additionally, you will need a strong knowledge of investment products including mutual funds, SMAs, ETFs, and hedge funds, and a solid understanding of SEC, OCC, ERISA and DOL rules and regulations, which are critically important to the role. You will be expected to identify compliance-related risks and measure the sufficiency of controls while providing advice on a routine basis to line of business and control partners.

Job Responsibilities

• Lead compliance contact to the Outsourced Chief Investment Office (OCIO) team providing advice, guidance and oversight on a broad array of laws, rules and regulation. The OCIO team works with endowments, foundations and family offices around the globe advising on and implementing tailored endowment-style investment solutions.
• Support the Defined Contribution Consulting (DCC) team, which provides a full range of retirement services for plan sponsors, including ERISA on-platform (e.g., Defined Benefit) and business retirement solutions to small and mid-sized organizations.
• Advise the business on compliance issues relevant to new and existing defined contribution and managed account products and services
• Support Wealth Management’s Portfolio Analysis Group (PAG), which calculates performance and generates related analytics for discretionary and brokerage investments
• Conduct on-going challenge to business risk and controls assessment, administer monitoring, maintain Compliance policies, provide marketing and training review, and help design testing plan for assigned areas of responsibility
• Proactively evaluate processes, controls and risks, and advise on implementing improvements
• Work with the business, control partners and Legal to review and assess the impact to the business of new related laws, regulations and exemptions
• Keep abreast of industry trends and anticipate areas of focus and attention of regulators

Required qualifications, capabilities and skills

• Attorney or compliance officer with a minimum 5 years of compliance/legal experience at a major law firm, regulator, fund or financial institution
• Strong knowledge of investment products and services marketed through a bank, registered investment adviser (RIA), or broker-dealer, and related SEC, OCC and FINRA rules and regulations
• A bachelor’s degree
• Knowledge and experience in Compliance, as well as familiarity with monitoring, testing, and risk and control assessment
• Experience with prohibited transactions rules, their application to ERISA plans and to the financial services industry as service provider, fiduciary and/or investment manager
• Familiarity with DOL exemptions, including QPAM, and 408(b)(2) requirements.
• Excellent interpersonal, presentation, written and oral communication skills
• Ability to liaise with all levels of management and ability to work in a team environment
• Strong attention to detail and analytical skills
• Proficient in Microsoft Office including Excel, Word, and PowerPoint