CCB Compliance Manager VP - Travel and Loyalty
Posted on: 1 Feb 2021
Wilmington, DE
Job Description
Compliance plays a critical role in the successful execution of the firm's mission. The Compliance function supports the development and maintenance of a strong regulatory compliance culture by working closely with the Business, Legal, Risk, Controls, and Audit functions to provide expertise on regulatory compliance matters. The Compliance function develops and maintains practices to identify, measure, manage, and remediate regulatory related risks, monitors and tests the operating effectiveness of the Firms Compliance Core Practices.
Position Description / Responsibilities:
Assisting in the development and execution of a Compliance program to manage regulatory exposure in a new business unit of the firm. The role will be responsible for supporting Compliance oversight of the firms entity that manages a travel agency, gift card, merchandise and points bank businesses (Travel & Loyalty).
Staying abreast of the evolving regulatory landscape governing the travel and rewards loyalty industries to provide Compliance guidance to Travel & Loyalty on regulatory risk created by new and existing projects.
Provide Compliance oversight to Travel & Loyalty projects and strategies. Provide critical and analytical thinking in the assessment of risk, creation of monitoring and testing to identify Compliance risks, provide guidance and escalate as necessary.
Understand and execute monitoring and testing practices to be in compliance with JPMC's compliance monitoring guidelines to provide a holistic compliance risk coverage.
Aggregate vertical line of business complaint data and monitoring results to provide a comprehensive view of consistencies and process gaps.
Have the ability to work both independently and as a core team member, exhibiting strong relationship management and negotiation skills.
This role supports the Travel & Loyalty Compliance team for the effective execution of the firm-wide Compliance Program. The candidate may provide Compliance oversight to Travel & Loyalty in alignment with Compliance Core Practices: Governance and Oversight, Regulatory Management, Policies and Procedures, Training and Awareness, Monitoring and Testing (inclusive of metrics), Issue Management, Risk Assessment and Reporting, Risk Control Self-Assessment.
Desired Background and/or Training:
Experienced professional with a strong compliance or regulatory background. Legal Degree, Bachelors degree or comparable work experience required. Incumbents typically have a minimum of 5 years banking experience in Compliance, Legal, Risk, Control or Audit. Excellent decision maker with the ability to manage multiple tasks. Strong communication skills, both verbal and written and attention to detail required.
JPMorgan Chase & Co.
New York, New York
JPMorgan Chase & Co. operates as a financial services company worldwide. It operates in four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.
The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; cash management and liquidity solutions; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research.
This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, treasury, investment banking, and asset management to corporations, municipalities, financial institutions, and nonprofit entities, as well as financing to real estate investors and owners.
The AWM segment offers investment and wealth management services across equities, fixed income, alternatives, and money market fund asset classes; multi-asset investment management services; retirement products and services; and brokerage and banking services comprising trusts, estates, loans, mortgages, and deposits. The company also provides ATM, digital covering online and mobile, and telephone banking services. JPMorgan Chase & Co. has a collaboration agreement with Chicagoland Chamber of Commerce. The company was founded in 1799 and is headquartered in New York, New York.
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IndustryBanking/Financial Services
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No. of Employees255,998
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Website
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Jobs Posted9051
