AWM - Operations Regulatory Reporting Oversight/ Vice-President (London)
Location: Greater London
Job Type: Full time
JPMorgan Chase & Co. is a leading global financial services firm with over 200,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Commercial Banking, Consumer and Community Banking, Corporate and Investment Banking.
J.P. Morgan Asset and Wealth Management is a global leader in Asset and Wealth management services. The Asset and Wealth Management line of business serves institutional, ultra-high net worth, high net worth and retail clients through its Global Asset Management and Global Wealth Management businesses. With client assets of $2.4 trillion and assets under management of $1.8 trillion, we are one of the largest Asset and Wealth managers in the world.
Global Asset Management
J.P. Morgan Asset Management is a leading asset manager of choice for institutions, financial intermediaries and individual investors, worldwide. With a heritage of more than two centuries, a broad range of core and alternative strategies, and investment professionals operating in every major world market, we offer investment experience and insight that few other firms can match.
- Clear focus on managing client assets and delivering strong risk-adjusted returns
- Nearly 1,300 investment professionals providing strategies spanning the full spectrum of asset classes, including equity, fixed income, cash liquidity, currency, real estate, hedge funds and private equity
- Leadership positions in the U.S., U.K., Continental Europe, Asia, and Japan
The Global Regulatory Reporting team is responsible for implementing BAU reporting processes and keeping pace with the demands of a dynamic regulatory reporting change agenda. Additional responsibilities include process improvement, governance and control. The team works closely with multiple stakeholders, including but not limited to Operations teams, Project Management teams, Technology, Brokers, Vendors, Industry Associations and Compliance.
- Subject Matter Expert and lead for EMIR & FMIA Derivative regulatory reporting to deliver on all ongoing reporting requirements.
- Understand and interpret upcoming regulations and new Derivate products impacting the team and solution operating models to support same.
- Lead Change management for new or amended regulations.
- Act as an SMEs ensuring a sound knowledge of reporting requirements, regulations and processes
- Identify and drive process improvements – review current processes, identify opportunities for efficiencies and re-engineering to improve accuracy and controls
- Lead Control and Quality Assurance testing – build out models and perform testing to ensure that on-going reporting is complete and accurate
- Internal stakeholder management, engagement with external industry bodies, clients, vendors and with the Regulator as appropriate.
- Represent the team in committees and working groups impacting regulatory reporting.
- Significant relevant work experience with extensive regulatory exposure
- A proficient understanding of Regulatory Transaction Reporting (e.g. EMIR and FMIA)
- Proven ability to manage large projects and multiple stakeholders
- Ability to own and manage concurrent assignments effectively and efficiently
- Proven ability to problem solve and drive efficiency
- Excellent analytical, problem solving, time management, interpersonal and communication skills
- Team player and be adaptable to a changing environment
- Ability to manage people
- Ability to influence people, lead discussions and troubleshoot issues
- Previous Asset Management background desirable but not essential
- Knowledge of regulatory vendors’ systems beneficial
All internal moves will normally take place on the same grade and same salary. Salaries are reviewed annually in February. Exceptions to the rule regarding transfer on current salary may include a move between geographic locations.