- Based on experience
- Brooklyn, NY, USA
- Permanent, Full time
- 20 Apr 18
Firmwide Central Reg W Controllers Vice President – Inter-entity Analysis Group
- Brooklyn, NY, USA
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
JPMorgan Chase & Co.
(NYSE: JPM) is a leading global financial services firm with assets of
$2 trillion and operations in more than 60 countries. The firm is a
leader in investment banking, financial services for consumers, small
business and commercial banking, financial transaction processing, asset
management, and private equity.
Controller Team within Corporate Finance
is dedicated to supporting the JPMCB and broader Legal Entity end to end agenda
in alignment with the Firm’s and Finance’s strategic control priorities. Responsibilities include: Governance and
oversight for the integrity and accuracy of the JPMCB financial results; Developing
and reviewing LOB level planning and forecasting analyses for JPMCB; Working
across functions on JPMCB and other legal entity level operating and strategic
issues; Supporting the JPMCB board; Designing, implementing and overseeing an
end to end, Firmwide, Reg W governance oversight framework; Defining,
establishing and implementing a Firmwide LE simplification strategy and
execution framework; Sponsoring and driving execution of key Legal Entity
related milestones (incl. selected projects within the Finance Risk Roadmap and
Data Governance programs) , Maintaining strong working relationships with
regulators, auditors and internal partners, and Policy management of
inter-entity reorganizations, capital actions and affiliates support documents.
The Interentity Analysis Group (IAG)
Controller Team, IAG provides a
controlled and structured review process for LOB and corporate transactions,
and a resource for legal entity, financial, and policy expertise. IAG’s policy and Legal Entity involvement
Ownership of the Legal Entity
Reorganization and Capital Actions Policy, providing for review and approval of
all Entity, Asset, and business reorganizations (Internal entity mergers, business
moves, etc.) and capital actions (dividends and capital investments) among JPM
Ownership of the Legal Entity
Affiliate Support Document Policy, providing for review and approval of all
interentity guarantees and related support documents within the firm.
Ownership of the Reg W Policy –
responsible for the establishment of an appropriate Reg W Control environment
and for management of applicable limits on ‘Covered Transactions’.
Required reviewer for all NBIAs
globally, addressing Legal Entity, Regulatory, and other financial impacts for
proposals across all LOBs.
Engagement in the Firm’s Legal
Entity Strategy and Simplification Group.
IAG advises all JPM Group businesses globally on the legal entity and
related regulatory aspects of structuring and managing transactions and is an
approver on all entity creation/dissolution proposals.
Supporting the management of
JPMC&Co, JPMCB, JPMC Holdings LLC and JPMIF on a standalone basis, IAG also
focuses on legal entity connectedness and the overall relationships among JPM
Preparation and delivery of
closely with businesses and support groups in all regions - many initiatives
have a global dimension and broad ramifications. To add value, IAG needs
to understand the overall business and product contexts that it faces.
To be a key component of the IAG’s Central Reg
W Team, enhancing monitoring controls and policy mandates across all lines of
business and legal entities. It is expected that the successful candidate will become a subject matter expert
in Reg W and increase knowledge in the lines of business transactions,
enforcing the controls process. The
Role’s focus will include:
Owning the ongoing day to day centralized Reg W governance processes
such as internal and external reporting, approval of new and renewable
transactions, overseeing and executing quality assurance reviews, enhancing
controls to ensure completeness and accuracy of reportable Reg W transactions
Solving Reg W issues in collaboration with LOB Reg W Controllers and
Leads. This includes:
Facilitating technology enhancements needed to complete execution of
control and reporting improvements both centrally and across LOBs.
Creating and implementing workflow solutions for manual processes,
creating efficiencies and value-added analysis.
Participating in meetings with regulators to discuss the Reg W program.
Assisting completion of the annual Reg W risk-assessment / Applicability
Participating in central governance meetings and ad hoc working
sessions, including setting up agenda, preparation of materials and keeping
track of agreed actions.
Building relationships with colleagues in a wide variety of lines of
business (Front, Middle, Back Office) and Corporate Sector functions, including
Candidates for this unique role will probably
have a finance/accounting background, but should possess the following
of 8 years previous experience, working on complex financial projects
or in a governance/control role; including experience in risk, compliance,
audit, controllership, consulting or project management. Preferred
of wholesale banking transactions and legal entity structures
management techniques and strong critical thinking and problem solving
understanding of business and management functions in financial services.
control orientation, attention to detail and organization skills.
knowledge of Reg W
written and verbal communication skills to communicate and influence
complex issues and concepts in clear, concise and meaningful words and
multi task and work under pressure - both independently, as well as in a
team-oriented, collaborative environment.
manage a staff (both directly and via matrix), including identifying and
hiring, mentoring employees in a timely manner.
degree or equivalent, with evidence of further professional development.