Wholesale Credit Risk Regulatory Management - Vice President

Recruiter
JPMorgan Chase
Location
New York City, New York (US)
Salary
competitive salary + bonus + benefits (can provide relocation/sponsorship benefits)
Posted
20 Sep 2022
Closes
20 Oct 2022
Employment Type
Full Time
Education
Bachelors

The Wholesale Credit Risk (WCR) Regulatory Management Team oversees, manages and provides support across wholesale credit risk lines of business on Regulatory exams and audits. Reporting to the team lead, you will advise, strategize and manage regulatory requests to ensure clear, concise, timely and accurate responses. This will include partnering closely with wholesale credit risk lines of businesses (LOBs) including Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, etc. and functional areas supporting these LOBs. In this role, you will gain a holistic understanding of the wholesale credit risk organization and how it aligns with and influences your delivery to the regulators.

Wholesale Credit Risk Regulatory Management – Vice President

The Wholesale Credit Risk (WCR) Regulatory Management Team oversees, manages and provides support across wholesale credit risk lines of business on Regulatory exams and audits.  Reporting to the team lead, you will advise, strategize and manage regulatory requests to ensure clear, concise, timely and accurate responses.  This will include partnering closely with wholesale credit risk lines of businesses (LOBs) including Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, etc. and functional areas supporting these LOBs.  In this role, you will gain a holistic understanding of the wholesale credit risk organization and how it aligns with and influences your delivery to the regulators. 

 You Will:

  • Provide support and collaborate across wholesale credit risk lines of business and functional teams supporting these LOBs on Regulatory exams and audits.
  • Use credit skills and knowledge to provide independent challenge to credit risk team responses including rationale for risk ratings, explanation of credit strategy, and description of process questions
  • Advise credit teams and strategize on how to best present the credit rationale or credit process
  • Prepare leadership for meetings with Audit or Regulators
  • Ensure completeness, clarity and consistency of responses and review for appropriate tone and message
  • Manage and coordinate responses to regulatory questions through your partnerships and relationships with credit risk subject matter experts
  • Identify exam and audit issues and escalate as needed
  • Use your knowledge to  suggest improvements in credit risk procedures and regulatory interactions through the development of lessons learned after Exams and Audits
  • Analyze data to visually summarize key credit characteristics, relationships, and regulatory insights
  • Mentor junior team members
  • Participate in various credit risk projects

You

  • Have wholesale credit risk experience, along with  policy, compliance, regulatory management or governance work experience (strongly preferred, at least 5 years)
  • Can understand and can apply credit risk concepts
  • Appreciate the value of working in partnership with others to influence change and accomplish our goals
  • Use your knowledge to find answers to pressing problems and create workable solutions
  • Have strong verbal and written communications skills and ensure transparency within and across your team
  • Can handle many different tasks and demonstrate a willingness to take on responsibilities that may fall outside your immediate area of expertise
  • Work independently and demonstrate leadership skills
  • Thrive when challenged to think thoughtfully and analytically so you can formulate solutions, present them to senior leadership and work to implement them accordingly
  • Are good at project management (this is a plus!)
  • Are proficient in Microsoft Word, Excel, and PowerPoint and have experience using Sharepoint and Data visualization tools

Our Benefits:

  • Comprehensive healthcare plan
  • 401(k) contributions match
  • Performance-based incentive
  • Discounted pricing on banking services
  • Family Leave
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