Markets Business Controls Manager - Associate

Job Description
Are you passionate about becoming a part of the team which is responsible for the operational risk identification and assessment in the Corporate and Investment Banking markets? Then join our team.
As a Markets Business Controls Manager Associate in the Risk Identification & Assessment team, you will help the business to understand and manage operational risk. You will align managers with each line of business, function and region to mitigate operational risk. The team focuses on four areas: Risk Identification & Assessment, Control Design, Issue Management, and Control Governance & Reporting.
Job responsibilities

• Monitor trigger and event data to identify new and emerging operational and strategic risks and assess the impact of those risks before recording them in the firm's systems, and re-assess periodically risks and their impact assessments to confirm that they remain current
• Identify and link appropriate controls to risks and evaluate their effectiveness in mitigating the risk, and analyze the root cause of identified control gaps with the owners of those controls and in partnership develop remediation plans to address those root causes
• Identify and develop risk and control indicators that monitor the levels of residual risk in business processes and provide early indicators of emerging vulnerabilities
• Deliver insightful risk reporting on how the risk and control environment is evolving and why, and ensure that risk reporting includes meaningful commentary and appropriate metrics to explain risk trends and issues
• Assess metrics and participate in reviews that provide assurance over the accuracy and integrity of the framework and drive any required remediation as well as identifying, prioritizing and driving enhancements and efficiencies
• Own, drive or participate in framework components, cross line of businesses remediation programs and thematic reviews

Required qualifications, capabilities, and skills

• Bachelor's degree or equivalent experience required
• Advanced financial service experience in controls, audit, quality assurance, risk management, or compliance
• Proficient knowledge of control and risk management concepts with the ability to design, create and evaluate the operational risk and control environment in conjunction with business partners
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint)
• Ability to understand the business / knowledge of regulation surrounding business
• Excellent written and verbal communication skills with an ability to influence business leaders in a meaningful and actionable manner with the exceptional interpersonal skills, collaboration and relationship building skills
• Ability to understand a process and associated risk to inform control design
• Critical thinking, attention to detail and analytical skills, to be able to synthesize large amounts of data and formulate appropriate conclusions
• Implementation skills with the ability to write action plans, procedures and with the experience in the change management
• Ability to make subjective and informed decisions based upon output, influence stakeholders and justify decision making

About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.