Ops Risk/Control Manager - Head Of Trade Transaction Control Management

As Head of Trade Transaction Control Management you will be a senior level manager and expert in Trade & Working Capital (T&WC) products with a strong emphasis on Risk and Controls.  You will manage a globally dispersed team of Trade Technical Experts responsible for working directly with internal partners and external clients, primarily in an advisory capacity, investigating and providing decisions on transaction escalations daily due to a variety of risk factors: Sanctions / Money Laundering / Boycott / Export Control / Fraud / complex terms, etc.  Interface with and influence internal partners supported by Trade & Working Capital (T&WC) Operations: Product, Technology, Compliance, Risk, Legal, and Audit.  Be a "Change Champion" specifically in the T&WC Risk and Controls environment. 

Job responsibilities:

• Provide strategy, recommendations and updates on issues impacting trade products/transactions to Trade & Working Capital (T&WC) Operations and internal partners
• Leader in the Global Trade Industry and represents JPMorgan T&WC in industry groups/forums. Directly interact with regulators in exams, reviews, issues, and ad-hoc requests.
• Manage, influence and help to implement process changes towards transforming current environment utilizing available technology and artificial intelligence. Provide subject matter expertise and advise on trade transformation projects when required. (e.g., Digitization, Automation etc.)
• Identify, measure, control and monitor the T&WC transaction risk for both internal business units and external corporate clients.  Minimize exposure due to risks such as those resulting from human errors, transaction processing failures and fraudulent activities. 
• Providing technical consulting to T&WC Operations and internal partners regarding problem Trade Transactions and new business opportunities by making risk mitigating recommendations and formulating the business' response/position.
• Creation and delivery of the Trade training program: Certificate for Documentary Credit Specialist certification, re-certification, targeted Trade Regulatory Compliance training, risk roundtable forums with internal partners or external clients.
• Escalation points for Compliance issues that impact T&WC including by not limited to assisting legal/compliance with evaluation of transaction specific issues and development of response to inquiries posed by regulatory agencies.  Performing quality assurance reviews for Sanctions Screening and Anti Money Laundering review processes, documenting results, reporting to management and preparation of related metrics reporting.

 Required qualifications, capabilities and skills: 

• Extensive knowledge of Trade products including but not limited to commercial (import & export) and standby letters of credit, documentary collections, bank to bank reimbursements, supply chain finance, trade loans, open account, etc.  Expert knowledge of U.S. regulations such as Bank Secrecy Act /Anti-Money Laundering, Office of Foreign Assets Control, Anti-Boycott, Export Controls. 
• Expert level knowledge of International Chamber of Commerce Rules, particularly, Uniform Customs and Practice for Documentary Credits, International Standard Banking Practices, Uniform Rules for Collection, International Standby Practices, Uniform Rules for Bank to Bank Reimbursements, along with working knowledge of Society for Worldwide Interbank Financial Telecommunication rules for 400 and 700 series messages.  The role involves providing opinions on complex Trade Transactions, structuring LCs, opining on discrepancies on LC presentations, etc.  Technical expertise is a must.
• Demonstrate confidence in risk-based decision making with the ability to escalate timely to senior management.  Individual must have the highest work ethics and integrity, demonstrated ability/willingness to provide definitive risk advice.
• Strong Risk and Controls mindset.  Proven track record in handling regulatory requirements, possess the ability to analyze processes, identify opportunities for improvement, and influence internal partners to implement changes.
• Possess the ability to work on multiple tasks/projects with competing deadlines, ability to operate in a complex, high-pressure, highly regulated environment in support of high-risk processes.
• Minimum 15 years of experience managing a globally dispersed team.  Minimum 20 years of experience working in leadership roles in trade, risk, compliance or audit areas.
• Excellent verbal and written communication skills to interact with internal and external partners.  Ability to present to senior management / stakeholders in concise and effective manner.

Preferred qualifications, capabilities and skills:

• Certificate for Documentary Credit Specialist (CDCS) certification is a plus 
• Certified Anti-Money Laundering Specialist (CAMS) certification is a plus
• Bachelor's degree or higher