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Vice President, Risk & Controls Manager, Client Service, Worldwide Securities Services Job Details

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Vice President, Risk & Controls Manager, Client Service, Worldwide Securities Services (Ref: 110023838)
Sector, Sub Sector: Other
Compliance Type: Regulatory/Compliance
Expertise: -
Company: JP Morgan Chase
Location: Hong Kong Asia / Pacific, China
Employment Type: Permanent
Job Description:

JPMorgan Treasury & Securities Services (TSS) provides a wide range of transaction, investment and information services that support the needs of small businesses, middle market companies, large corporations, governments, municipalities, financial institutions and institutional investors.  Trillions of dollars in cash and securities flow around the world daily as these clients conduct business, and JPMorgan Chase is a key facilitator of that monetary flow through TSS' two divisions:  Treasury Services (TS) and Worldwide Securities Services (WSS).

 

JPMorgan Worldwide Securities Services is a global industry leader with $15.2 trillion in assets under custody. We provide innovative custody, fund accounting and administration and securities services to the world's largest institutional investors, alternative asset managers and debt and equity issuers. Leveraging our scale and capabilities in more than 90 markets, we help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services.

 

The Risk & Controls Manager role forms part of a larger risk management group that is responsible for ensuring operating risks are fully understood, adequately measured and pro-actively managed. In particular, the incumbent will be responsible for the investigation and analysis of the day-to-day risk and controls, ensuring full compliance by the WSS Client Service staff.  

 

 

Key Responsibilities:

 


  • Active review and assessment of key risk processes and controls.   Close working relationships with dependant parties to ensure all throw/catch activity is clearly defined and controlled.

  • Ongoing identification and reporting of 'hotspot' areas, working closely with ORM and risk and Operations partners to lead process change and CS staff training to mitigate risk.

  • Identification and monitoring of key measurements including volumes, market, product and people activity.

  • Management of CSA (Control Self Assessment) process ensuring controls accurately rated, control commentary reflective of key changes and any related issues and action plans to address control deficiencies effectively managed.

  • Incident management (e.g EF&L) and post mortem reviews.

  • Awareness training and spot check assessments against key 'compliance' areas as defined by Corporate Compliance.

  • Site deep dives to review activities, identify risks and drive efficiency, 

  • Active participation / lead of key control project

  • Support of wider control initiatives and activities to ensure best practices adopted

  • Change management - review of key changes including processes and technology


  • Industry background, product knowledge and infrastructure familiarity

  • Tertiary educated

  • Working knowledge of the transaction lifecycle, and its primary control points.

  • Experience of control and risk management concepts and understanding of operating risk principals

  • Initiative drive and energy to continually improve the risk profile of the group.

  • A committed team player who shares information, supports colleagues and encourages participation

  • Excellent verbal and written communication skills with ability to present complex and sensitive issues to senior management

  • Good strategic thinking skills to analyse trends in production activity

  • A proactive work ethic
Job Ref No: 110023838