JPMorgan Vice President - Head Trade Transaction Control Management 

United States, Florida, Tampa 

877047953

As a Head of Trade Transaction Control Management - Vice President in Trade and Working Capital (“T&WC”) Operations team, you will oversee a globally dispersed team of Trade Technical Experts, design, execute and test controls to mitigate regulatory, compliance, legal and technical risks associated with the T&WC products.

Job Responsibilities:

• Interface with and Influence internal partners supported by T&WC Operations: Product, Technology, Compliance, Risk, Legal, and Audit.
• Provide strategy, recommendations and updates on issues impacting trade products/transactions to T&WC Operations and internal partners.
• Represent JPMorgan T&WC in industry groups/forums.
• Interact directly with regulators in exams, reviews, issues, and ad-hoc requests.
• Manage, influence and help to implement process changes towards transforming current environment utilizing available technology and artificial intelligence.
• Identify, measure, control and monitor the T&WC transaction risk for both internal business units and external corporate clients. Minimize exposure due to risks such as those resulting from human errors, transaction processing failures and fraudulent activities.
• Manage a globally dispersed team of Trade Technical Experts responsible for: investigating and providing decisions daily on transaction escalations (Sanctions / Money Laundering / Boycott / Export Control / Fraud / complex terms, etc.), providing technical consulting to T&WC Operations and internal partners regarding problem trade transactions and new business opportunities.
• Create and deliver the Trade training program: CDCS certification, re-certification, targeted Trade Regulatory Compliance training, risk roundtable forums with internal partners or external clients.
• Serve as the escalation point for Compliance issues that impact T&WC including by not limited to assisting legal/compliance with evaluation of transaction specific issues and development of response to inquiries posed by regulatory agencies.
• Perform quality assurance reviews for Sanctions Screening and AML review processes, document results, report to management and prepare related metrics reporting.
• Provide subject matter expertise and advise on trade transformation projects when required. (e.g., Digitization, Automation etc.)

Required qualifications, capabilities, and skills:

• Extensive knowledge of trade products including but not limited to commercial (import & export) and standby letters of credit, documentary collections, bank to bank reimbursements, supply chain finance, trade loans, open account, etc.
• Expert level knowledge of ICC Rules, particularly, UCPDC, ISBP, URC, ISP, URR, along with working knowledge of SWIFT rules for 400 and 700 series messages. The role involves providing opinions on complex trade transactions, structuring LCs, opining on discrepancies on LC presentations, etc. Technical expertise is a must.
• Expert knowledge of U.S. regulations such as BSA/AML, OFAC, Anti-Boycott, Export Controls, etc.
• Excellent verbal and written communication skills to interact with internal and external partners. Ability to present to senior management / stakeholders in concise and effective manner.
• Demonstrate confidence in risk-based decision making with the ability to escalate timely to senior management. Individual must have the highest work ethics and integrity.
• Possess the ability to analyze processes, identify opportunities for improvement, and influence internal partners to implement changes.
• Possess the ability to work on multiple tasks/projects with competing deadlines.
• Ability to operate in a complex, high-pressure, highly regulated environment in support of high-risk processes.
• Strong Risk and Controls mindset. Proven track record in handling regulatory requirements.
• Experience working in leadership roles in trade, risk, compliance or audit areas.
• Experience managing a globally dispersed team.

Preferred qualifications, capabilities, and skills:

• CDCS certification is a plus.
• CAMS certification is a plus.