Payments –Regulatory Change Management and Controls
6 days ago
JOB DESCRIPTION
Make an impact to the rapidly evolving payments landscape as a Vice President in the Global Regulatory Developments and Engagement function
As a Vice President in the Global Regulatory Developments and Engagement (GRDE) function, you will be part of the broader payments controls organization. You will partner with business and control managers to proactively manage regulatory changes and trace end-to-end connections between laws, rules, and regulations to demonstrate compliance with our policies and procedures.
Job Responsibilities:
- Work with global Control Managers, Legal, Compliance and business managers to ensure legal obligations and regulations are assessed and dispositioned accurately, efficiently, and timely
- Review and assess new or amended regulations for business impact and track the resolution of gaps
- Perform impact assessment and mapping of legal obligations to business and operational procedures or other supporting documentation
- Partner with colleagues to ensure global consistency and quality of output from the team, including ability to conduct quality reviews of the team's deliverables
- Work effectively with relevant stakeholders to identify and implement process efficiencies
- Demonstrate excellent leadership, stakeholder management and communications skills to achieve results and provide direction
Required qualifications, capabilities & skills:
- Minimum of Bachelor's Degree in Finance/Economics
- Minimum of 10 years of experience in financial institutions in business controls, operational risk, compliance, legal, audit or similar function is required.
- Knowledge of the APAC financial services regulatory landscape including key regulators and regulations.
- Comfortable with and adept at reading and interpreting legal and regulatory texts as a layperson (NB: formal legal qualifications are beneficial but not required)
- Relevant experience/knowledge of financial products and services for the Payments business and for financial regulations.
- Excellent business judgement and organizational management skills, particularly the ability to work under pressure, handle high volume of throughput without compromising quality and proactively identify issues early
- Excellent interpersonal skills, comfortable with working and partnering with people at all levels, across all functional areas and internationally. Able to motivate and gain consensus among peers and stakeholders to drive critical initiatives to completion
- Strong written and verbal communication skills
Preferred qualifications, capabilities & skills:
- Experience of covering banking and/or payments related business is preferred
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.
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