JP Morgan Chase

Corporate_ Market & Treasury Compliance_Associate

Mumbai, Maharashtra, India
Competitive salary
14 Sep 2022
13 Oct 2022
Approved employers
Approved employer
Job Description

What you will be responsible for:

Associate, India CCOR_Primary area of coverage: Line of Business (LOB) Compliance for Currency Emerging Markets (CEM) and Treasury/Chief Investment Office (TCIO)

Your primary responsibility would be to provide support to India CEM & TCIO Compliance Lead in the delivery of CCOR's objectives in relation to JPMorgan's business activities in India. This role will focus on advisory, monitoring, assurance, RBI coordination and certification activities and will work closely with the business and associated support functions.

In this role, you will be primarily expected to:
  • Support all LOB Compliance related activities for CEM and TCIO business in India, primarily, compliance matters related to foreign exchange, fixed income, derivatives, money market instruments and the functional groups that support this business
  • Be familiar with the changing legal and regulatory requirements in the country and possess a good understanding of the regulations that are relevant to the businesses covered. Analyze the impact of the legal and regulatory requirements on the businesses and advise management on how to best ensure compliance.
  • Review new product initiatives of the relevant business
  • Conduct periodic compliance monitoring of the businesses to ensure that regulatory as well as JPMCB internal compliance policies and procedures requirements are met.
  • Carry out compliance risk assessment to identify and assess major compliance risks that arise from the CEM and TCIO business and its relevant support groups
  • Liaise with the various departments of RBI on advocacy, regulatory engagements, RBI inspection management etc.
  • Apart from specific line of business compliance coverage, the role may also involve non-LoB aligned compliance coverage for other corporate functions and support groups in the India business entities.
  • Coverage of operational risk aspects in relation to the business/functional areas outlined above would also be an inherent part of the role.
  • On an overall basis, you would also be required to:
  • Manage key global / regional initiatives and projects under the covered global programs, key tasks include strategic planning, stakeholder management, meeting coordination, progress monitoring, status communication and hosting information sessions in relation to CCOR responsibilities for this business. Centrally manage information flows for key issues and escalations; prepare or contribute to reports for governance and oversight forums, for example, location/global / regional committees, business control committees / forums.
  • Gather and analyse data to produce management information on topics of relevance to your coverage area to facilitate management discussion and decision.
  • Identify opportunities to deploy process changes, system enhancement, business productivity and efficiency tools and automation, for example, robotics, artificial intelligence, machine learning, etc.

What skills and experiences we are looking for :
  • Professionally qualified, with 10+ years' work experience in financial services, preferably in financial markets compliance ; candidates with other relevant experience and transferrable skills with background in risk, operations or audit will also be considered.
  • Strong product and local market knowledge of financial markets with a focus, particularly in the foreign exchange, fixed income, derivatives and money market instruments.
  • Strong control focused review skills combined with knowledge of regulatory concepts and their practical application in operational processes and products..
  • Highly motivated, energetic self-starter who takes ownership and effectively delivers on responsibilities
  • Have good organizational skills - can manage & prioritize between multiple tasks across different time horizons to deliver within deadlines
  • Strong attention to detail, good problem solving skills, and an ability to see the big picture
  • Excellent verbal and written communication skills
  • Strong team player with excellent partnering and influencing skills, and independent, analytical thinking
  • Strong business ethics and integrity while dealing with sensitive and confidential information.

About Us

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm's needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.

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