Legal And Regulatory Change Management - Senior Associate

The role has global coverage and supports the front office Markets Sales, Trading and Research franchises in the measurement, management and reporting of Compliance Risk. This involves the identification of risks and controls which are relevant to statutes, laws, rules and regulations which govern the activities of the Markets businesses, and the subsequent assessment of residual risk.

To facilitate this, you will leverage and expand your own expertise and also engage the with first line colleagues, including the front office, Risk and Compliance in the second line of defense, and key functional partners including Legal, Finance and Operations. The Markets Sales, Trading & Research desks you will support cover a broad range of products including Equities, Commodities and Currencies, Fixed Income, Credit Trading, Munis and Structured Products.

The role is within the Markets Business Controls Management (BCM) department, which manages the non-financial / operational risk of the front office businesses. The broader Markets Legal and Regulatory Change Management team also maintains an inventory of applicable statutes, laws, rules and regulations, and proactively manages the pipeline of Regulatory Change.

If you have experience in non-financial risk management, controls management, compliance or operational risk for Markets businesses, this could be the role for you.

Job Responsibilities

• Execute the identification of Controls which are relevant to specific statutes / laws / rules / regulations ('legal obligations')
• Participate in associated quality reviews and ongoing data hygiene activities
• Support the preparation, interpretation and review of the Compliance Risk Assessments
• Keep the control tagging evergreen as the underlying control framework and population of associated legal obligations evolve
• Develop and deploy subject matter expertise of local business activities, applicability of rules and regulations, and the local Legal and Regulatory framework
• Represent Markets in working groups and other meetings for specific Compliance Risk framework requirements

• 5+ year career focused on the capital markets regulatory rules issued by the major agencies that cover equities, currencies, commodities, credit, municipal bonds and structured products
• Practical knowledge of trading room operational risk, supervisory preventative and detective controls and end-to-end deal flow from pitching to settlement
• Experience in supporting risk and control identification and implementation
• Analytical thinker who can interpret regulatory rules, form fact-based conclusions and identify new risks to sales and trading activities. Must have the ability to synthesize large volumes of information and draft key messages for senior leaders
• Demonstrate sound judgment, maturity, and poise to influence and collaborate with capital markets personnel
• Energetic, self-motivated, and thrives in the challenge of simultaneous work-streams

• Adept at interpreting legal text as a layperson (note: formal legal qualifications are not required)
• Knowledge of Markets products and businesses

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents and perspectives that 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) 1-866-777-4690 and indicate the specifics of the assistance needed.)

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary
Brooklyn,NY $77,900.00 - $102,000.00 / year