Control Manager- VP

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Treasury/Chief Investment Office (T/CIO) sits at the very center of the firm and directly influences the composition of the firm's balance sheet and the activities of its four main Line of Business's: Asset Management (AM), Commercial Banking (CB), Corporate & Investment Bank (CIB) and Consumer & Community Banking (CCB). The Treasury/Chief Investment Office (T/CIO) is responsible for firmwide asset and liability management, including:

• Aggregating and managing the interest rate risk of the firm's four main lines of business (LOBs), primarily through a $600 bn global investment securities portfolio
• Managing the firm's funding and liabilities through $290 bn in long-term debt and other funding sources, and managing billions of short term cash deployment activities
• Aggregating and managing the firm's liquidity risk, including deploying the firm's excess liquidity. Also responsible for compliance with both internal and regulatory liquidity requirements
• Using funds transfer pricing to distribute the cost of hedging Line of Business interest rate and liquidity risk exposures and to allocate the cost of preferred stock and long term debt issuance to the Line of Business'
• Aggregating and managing the firm's structural foreign exchange risk
• Risk managing Mortgage Servicing Rights (MSR) on behalf of the Mortgage Bank
• Managing and/or supervising $ 70 bn of company-sponsored US pension and benefit related investments
• Managing the end to end risk-weighted asset (RWA) and capital measurement processes across the firm, ensuring efficient and appropriate management of our capital, and managing the Firmwide Capital Stress Testing process

Acquisitions and Strategic Investments (ASI):

• Corporate M&A: The Corporate Mergers & Acquisitions team partners with the firm's businesses and functions to evaluate, structure, negotiate and execute potential acquisitions, divestitures, and other similar types of transactions where the firm's interest is as a principal. The team prepares analysis of other non-transaction related activities to support corporate and firm-wide strategic initiatives, including work related to Resolution and Recovery activities.

• Partner with JPMC's businesses and functions to identify, evaluate, structure, negotiate and execute potential acquisitions and divestitures

• Prepare and review financial analyses, company/industry profiles and other presentations

• Prepare analysis of other non-transaction related activities to support Corporate and Firm-wide strategic initiatives including Resolution and Recovery activities

• Negotiate definitive transaction agreements and monitor closing activities

• Strategic Investments: The Strategic Investments team is a center of excellence that helps accelerate innovation within JPMorgan Chase & Co. (JPMC) and across the financial services industry. These investments are structured as deep operating and investment partnerships that bring long-term value to the firm and its businesses and advances the firm's strategic goals. Key qualities for these investments include (1) enhancing the customer experience with new and better products, (2) improving control, compliance, and operational efficiency, (3) and protecting the bank.

• Strategic Investments Front Office (SI FO) is responsible for deal sourcing, assessment, execution, and portfolio management.

• Strategic Investments Business Management (SI BM) serves as a key partner to the business by helping to push key initiatives and optimizing business performance. The team works closely with key business partners and manages a wide spectrum of business records and deliverables.

• Strategic Investments Legal Entity Controller (SI LEC) is responsible for the integrity (timeliness, completeness and accuracy) of the financial statements, financial regulatory, and management of the financial reporting associated with their entities.

• Strategic Investments Controller (SIC) is the independent control function responsible for the accuracy and integrity of JPMC SI books and records.

The CIO Treasury & ASI Control Management group is responsible for working with the business executive in Finance, Risk, Operations, Technology and Business Managers to promotes early operational risk identification and assessment, effective design and evaluation of controls and sustainable solutions to mitigate operational risk across Treasury Corporate Investment Office and ASI. The group is involved with control initiatives that include, but are not limited to the following:

• Control and Operational Risk Evaluation;
• Sarbanes-Oxley (SOX) and CCAR Chief Financial Officer Attestation Control Programs;
• Quality Assurance Program;
• Operational Risk Summary Review
• ASI Control Committee
• Risk Event Management
• FATCA responsible officer attestation
• Other: Reg K/Reg W; Legal Obligation (OLO) reviews, LE review, ESG oversight

Job Responsibilities:

The VP will be responsible for working closely with Finance and Middle Office and operations to assess risk and controls to support the Control and Operational Risk Evaluation (CORE) program especially over the SOX/CCAP program. This includes oversight of the SOX/CCAP program and managing the successful delivery of all firmwide deadlines associated with SOX/CCAP. This individual will be heavily involved with the facilitating the Earnings and Financial Representation Letter Certification process with Senior Executives, as well as the quarterly CCAR Chief Financial Officer Attestation Process (CCAP).

Outside of SOX/CCAP, this individual will be involved in evaluating CORE controls in Finance by having detail walkthroughs with the key stakeholders to understand the end to end process and flow of information supporting Treasury and Chief Investment Office.

This individual will also be performing various Quality Assurance covering SOX, Securities, realtime CCAR, Long Term Debt and other targeted areas supporting regulatory reporting.

The candidates must be experienced professionals who possess strong auditing and accounting skills, strong knowledge of the banking business, regulatory filings (CCAR, ICCAP, DFAST, Call reports, FR Y-9, etc.), financial instruments and products, and a strong understanding of internal control systems within a financial institution.

The candidate will be responsible for the following:

• Collaborating with the business to perform detailed risk and control assessments across Treasury Chief Investment Office functions and processes with focus on end-to-end review of the Finance process for Treasury and Chief Investment Office to support CORE, identify and review KPI and KRI as appropriate
• Providing supervision to the team, coordination and execution of control programs including SOX, QA, and CCAP.
• Performing detailed SOX training sessions along with a recorded session, so that testers can effectively execute testing
• Assisting with the production of the representation letter decks and Controller's checklist for Senior Executives quarterly
• Attending regular meetings with the Central SOX/CCAP and QA team and providing updates to the team as appropriate
• Effectively project manage deliverables, ability to think strategically
• Reviewing test work papers and providing appropriate feedback to the junior team members
• Being a subject matter expert on controls related questions
• Concluding and reporting on noted errors, and recommendations developed, with appropriate action plans and owners
• Ensuring appropriate closure of action plans developed in response to previous reported findings
• Establishing and maintaining strong working relationships across Treasury Chief Investment Office businesses and other control groups (i.e., finance, risk management, compliance, legal, etc.)
• Working closely with regional and / or global business and information technology colleagues across Treasury Chief Investment Office as issues emerge and reporting them timely to management and other stakeholders
• Staying current with evolving industry and regulatory changes, and analyze impact to business objectives, processes, and compliance

Job Responsibilities:

• Providing feedback to direct reports to help them develop their communication skills
• Operational Risk Summary assessments
• Interaction with other Treasury Chief Investment Office Finance Control Programs
• Provide comments to Firmwide SOX/CCAP Framework and other relevant standards, procedures
• Annual planning and review to determine scope and coverage of annual SOX/CCAP program.
• Review Issues and Errors and applicability to RED/FITT and CORE
• Liaison with Second line of defense (CCOR) and Third line of defense (IA) as well as External Audit (PWC).
• Presenting Control Management updates to Treasury Chief Investment Office Finance
• Assisting with reviews of legal obligations, Reg W /Reg K compliance, legal entity tagging

Required Qualifications, Skills and Capabilities:

• 7+ years' experience in Auditing, Accounting, Internal Control, Operational Risk Management and/or Finance
• Strong Regulatory Knowledge of CCAR, DFAST, FR Y-14, SEC reporting
• BS in Accounting or Finance
• CPA and/or an MBA is preferred
• Leadership: Solid people management and ability to influence others in a team environment
• Communication/presentation - excellent written and verbal communication skills with an ability to influence in a meaningful and actionable manner; ability to succinctly present and advise stakeholders of risks, challenges and potential solutions
• Business knowledge: ability to develop a deep understanding of the business, its control challenges, its architecture, its products, and regulations impacting the business
• Problem solving / analytical skills: solid critical thinking, attention to detail and analytical skills; able to synthesize large amounts of data and formulate appropriate conclusions / analyze metrics for emerging risk
• Time Management: ability to effectively manage deadlines
• Independence: Self-starter with ability to process and acquire information with limited supervision
• Multitasking: Ability to work in an evolving environment, manage multiple projects and support a growing business
• Microsoft: Strong knowledge of Microsoft Office applications, knowledge of macros a plus