Markets Advisory Compliance – Vice President

JP Morgan

Location: Greater London

Job Type: Full time

Posted


With a diverse department of Compliance professionals supporting all lines of our business around the globe, the department is working diligently to present all business partners with innovative, thoughtful and tailored solutions to the challenges they face. The Compliance function has a strong culture which is focused on delivering first class support to the business while providing a credible challenge where necessary. It seeks to promote best practice, foster employee development and deliver the goals of the Firm wide Risk organisation.

The Markets Compliance team is responsible for setting policies, providing training and real-time interpretation of financial regulations to the Europe, Middle East, and Africa (EMEA) Markets businesses, which are based mainly in London with an expected second hub in Paris. The team forms part of the EMEA Compliance Department which covers JPMorgan’s Corporate and Investment Banking, Security Services, Asset Management and Private Banking businesses in the region.

As a Markets Advisory Compliance – Vice President within Markets Compliance team, you will be covering Commodities, Currencies and Emerging Markets in various forms on both the public and the private side across flow, structured products and strategic solutions.

Job Responsibilities

  • Assesses the impact of new financial regulations and setting appropriate internal Compliance policies and procedures and keeping them up to date.
  • Prepares Compliance training materials and conducting programmed and ad hoc training where necessary.
  • Provides real-time interpretation of internal Compliance policies and procedures in response to ad hoc enquiries from front and middle office.
  • Investigates and resolves escalation alerts from Compliance Surveillance and self-escalations from front and middle office.
  • Designs and performs risk-based Compliance monitoring tests.
  • Assists in performing and keeping up to date the Compliance risk assessments for the EMEA Commodities, Currencies and Emerging Market businesses.
  • Represents EMEA Commodities, Currencies and Emerging Market businesses in regional and global Compliance working groups.
  • Assists in ad hoc administrative tasks of the team.

Required qualifications, capabilities, and skills

  • Good knowledge in at least one of the following areas: Commodities, FX spot and derivatives markets, and/or Emerging Markets across all FICC asset classes. Relevant experience of performing a Compliance, Risk or Control role in a global investment bank.
  • Previous experiencewith the relevant UK, EU and US regulations particularly, MiFID2, Market Abuse Regulation, EMIR and Dodd-Frank (Commodity Exchange and LME rules).
  • Being able to manage relationships with the businesses at all levels, including senior management.
  • Have proactive approach, able to think critically about the information presented to them, comfortable with subjective situations, and ready to ask appropriate questions and effectively challenge where needed.
  • Must be able to think “on their feet”, provide ‘live’ regulatory interpretation and decisions to the business, often in high profile and/or time constrained situations.
  • Good team player, providing cross coverage of the Commodities, Currencies and Emerging Markets businesses generally, whilst also providing specific input to new product and business initiatives, new regulations, policies, training, monitoring and surveillance escalations.