Legal & Regulatory Change Co-Ordinator London, England
Job description
Here at JPMorgan Chase & Co., we know that people want great value combined with an excellent experience, from a bank they can trust. So we launched a new digital bank called Chase – to revolutionise mobile banking by creating seamless digital journeys that our customers love. For us, that means keeping ourselves customer obsessed and always being open to trying new things. Above all, it's about working with people who are passionate about building the bank of the future.
Our team is at the heart of building this new venture, focused on developing offerings that put the customer at the center. We have created a new organization and we are looking for solution-oriented, commercially minded, customer-focused engineers, used to working in an agile environment who want to be a part of building something new from the ground up within a diverse and inclusive team.
Culture is as important to us and we are looking for intellectually curious, new technology passionate individuals who would like to expand their skills whilst working on a new exciting venture for the firm. Your work will have a massive impact, both on us as a company, as well as our clients and our business partners around the world.
International Consumer Business (ICB):
JPMorgan Chase & Co. is expanding its business and is investing in innovative ways to attract customers, deepen engagement and drive increased satisfaction through delightful interactions with digital products and experiences. Our team is at the heart of driving this transformation, focused on developing innovative offerings that put the customer at the center. We believe that engaging, relevant and contextual content is at the heart of personalized customer experiences. We're also committed to designing content for reuse in a way that's measurable and consistent.
We are seeking candidates who want to be part of building digital products and services across the globe in a start-up atmosphere, backed by one of the leading financial services providers worldwide. Join us from select areas around the globe in the continued growth of our business.
Culture is important to us and we are looking for intellectually curious, honest, passionate, and hungry individuals who are motivated to use and expand their skills, while working on a new and exciting venture. ICB's unwavering commitment to attract, train, develop, and retain the best talent is on constant display within its highly visible Control Management organization.
Control Management (CM):
CM maintains a strong and consistent control environment through a joint accountability model that aligns managers with each line of business, function and region to mitigate operational risk. The team focuses on five areas: Risk Identification & Assessment, Control Design & Evaluation, Issue Management, Regulatory Change, and Control Governance & Reporting.
The Legal and Regulatory Change Co-ordinator is responsible for the timely progress of legal obligations that impact on ICBs operations. This role involves managing multiple stakeholders to ensure that regulatory change is effectively identified, tracked and implemented. The LRCM team includes individuals who primarily track changes regarding existing products and services (“run the bank”), and those who are responsible for new products, services and markets (“Grow the Bank”). This role falls into the latter category
Control Manager (VP) – Legal & Regulatory Change Co-ordinator (LRCC)
Position Summary
The LRCC manages legal and regulatory change events impacting the International Consumer Business (ICB) and works with ICB’s LOBs and partners to deliver compliant change.
Principal Duties and Responsibilities:
- ‘Build the bank’ oversight and analysis of regulatory developments to determine applicability to both the current business and its impact upon areas of the business in development, considering territory and legal entity status.
- Ownership and oversight of new and existing legal inventories regarding ICBs upcoming and developing products in the UK.
- Liaison with External Counsel and ICB’s Legal team to ensure that all legal obligations are identified, understand and tracked to completion prior to any ‘go live’ decision.
- Support business areas by advising upon any legal obligation impact arising from a proposed change, new feature or product launch.
- Partner with the Compliance team to assess the business areas proposed actions to meet the change and advise on appropriateness.
- Manage the LRCM process and facilitate monthly meetings to ensure that the business areas are aware of any relevant regulatory developments, tracking actions and delivery where applicable.
- Support monthly reporting for ICB Governance Forums.
- Partner with PMO/PE teams to ensure procedure and guideline updates are prioritized appropriately and actioned in line with SLAs.
- Legal Inventory maintenance within Jira.
- ELA maintenance and obligation mapping.
Knowledge and Experience
- Bachelor’s degree or equivalent experience required.
- Demonstrable experience of working within a legal environment is essential.
- Exceptional problem solving and analytical skills. Solid critical thinking and analysis of regulatory change scenarios, attention to detail and able to synthesize large amounts of data and formulate creative and innovative solutions.
- Stakeholder management and networking – interpersonal skills; exceptional collaboration, openness and relationship building skills.
- Communication/presentation - excellent written and verbal communication skills with an ability to confidently advise business leaders in a succinct and meaningful manner.
- Working knowledge of MS Excel, PowerPoint, Word, SharePoint, and the Enterprise Library Application (ELA).
- Ability to handle multiple projects and prioritize effectively based on business needs.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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
