DescriptionBring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As the Head of Testing for Wealth Management (WM) Solutions in the Monitoring and Testing team, you will support the newly established Control Management Testing Center of Excellence (TCoE), bringing together testing activities and Programs currently executed separately in the 1LOD and 2LOD to execute a range of risk-based assessments. The Head of Testing is a senior level position that will sit within the new TCoE and oversee a team to develop and execute end-to-end controls testing strategy for the WM Solutions sub-line of business (LOB) within the Asset and Wealth Management (AWM) organization.
As the first line of defense, Control Management prevents, detects, and monitors operational, regulatory, and reputational risks. We play a key role in meeting our commitments and act as a driving force behind the strategic priorities that will future proof our business in an ever-changing global landscape. In support of our mandate, we maintain a strong and consistent control environment through a joint accountability model that aligns the team with the line of business to mitigate the operational and other risks.
Job Responsibilities
- Lead a team in evaluating risk across WM Solutions and operational functions through a series of monitoring and testing activities across the organization.
- Partner with key stakeholders from 1st Line, 2nd Line, and control owners to strategize assessment approach and analyze impact of results.
- Guide team in control testing and substantive reviews through a risk-based method to determine potential exposure to WM Solutions.
- Navigate regulatory and compliance landscape when defining assessment approach and strategy; ensure compliance assessment requirements across a complex regulatory environment are addressed through testing results.
- Collaborates with other Heads of Testing to ensure consistency, identify integration points and execute reviews that may span the broader AWM organization.
- Provide coaching and mentorship to a team of professionals, serving as a functional leader to the WM Solutions Testing Team.
- Partner with business to identify control gaps as well as opportunities for effectiveness and efficiency improvements.
- Participate in TCoE process improvements and transformation as the organization develops and matures during its early stages.
Required Qualifications, Capabilities & Skills
- 12+ years of experience or equivalent expertise in risk management, assessment, control evaluations, or a related field with a strong understanding of industry standards
- Demonstrated knowledge of risk management frameworks, regulations, and industry best practices
- Sound proficiency in the wealth management industry
- Proven track record in managing compliance, risk, and controls at a senior level.
- Experience in leading test teams as part of an audit, risk assessment or compliance review.
- Ability to effectively provide team guidance and set clear direction to manage competing priorities while driving focus on targeted execution.
- Strong stakeholder management and written/oral communication skills at a senior executive level.
- Demonstrated ability to analyze complex issues, develop and implement risk mitigation strategies, and effectively communicate recommendations based on regulatory guidance and standards.
Preferred Qualifications, Capabilities & Skills
- CISM, CRISC, CISSP, CISA, CCEP, CRCM, CRCMP, GRCP, or other industry-recognized risk and risk certifications preferred.
- A background in auditing or compliance and the ability to understand internal controls is beneficial.
- Knowledge of compliance and regulatory requirements for wealth management activities
