Regulatory Reporting - Associate
Location
Mumbai | India
Job description
Job Description
Regulatory Operations CoE caters to private clients globally with offices in the US, Europe and Asia. The team is part of the Asset & Wealth Management LoB and works closely with clients and our onshore partners, to meet the regulatory demands across various frequencies (daily / weekly / monthly / quarterly / annual).
The team’s remit covers:
- Regulatory change and advocacy
- Definition, delivery and implementation of Regulatory Reporting Control Framework
- Definition, delivery and implementation of Control Operating Models
- Leading cross line of business regulatory projects
- Deep dives of the Regulatory Reporting Control environment
The role is within the Regulatory Controls team which is responsible for providing central oversight, governance and advocating the adoption of the various regulations such as MiFID II, EMIR, CFTC, HKMA, ESG etc. operating model and adherence to the Global Control framework across Lines of Business. This Control Associate role is based in India and is a part of a regulatory and control team that is spread across EMEA and North America. This role provides a breadth and depth of visibility across the Asset and Wealth Management function with extensive cross functional and cross business exposure, along with the opportunity to creatively problem solve on a broad scale. Candidate will partner extensively with the Lines of businesses, Legal, Compliance, Audit and Technology.
Job Responsibilities:
- The roles is for Regulator Reporting for EMEA, US and APAC jurisdiction. Prior experience on transaction reporting and ESG is preferred
- Drive the design, delivery and implementation of strong and sustainable control frameworks and operating models in the regulatory reporting environment.
- Drive the execution of Control activities within the Operations Regulatory Reporting space
- Provide oversight on regulatory reporting issues / breaches, ensuring that root causes are understood and remediation plans in place
- Product ownership of applications used for implementing Control processes
- Conduct trainings and roadshows
- Facilitate and lead periodic calls with cross line of business, cross regional stakeholders
- Conduct deep dive on aspects of the Regulatory Reporting Controls environment
- Plan and report status of ongoing projects and tasks to senior management.
- Identify, mitigate and resolve risk and issues across teams, ensuring escalations to the right levels where required
- Manage stakeholder expectations effectively, facilitate decision-making by providing right level of information and timely escalation when required.
Required qualifications, skills and capabilities:
- Minimum 8 years of total experience
- Understanding of Regulatory Reporting obligation for regulations such as MiFID II, CFTC, EMIR, HKMA, MAS, ESG
- Understanding of OTC derivative products such as SWAPS, Options, Futures etc.
- Significant knowledge of operational processes and controls, with ability to access the risk, controls and quality assurance functions
- Prior experience in Private Banking, Regulatory Reporting, Intelligent Automation or Process Improvement would be beneficial
- Good understanding of the EMEA & NA regulatory environment
- Excellent project management skills with the ability to plan, prioritize and deliver against deadlines
- Ability to negotiate and influence different levels of stakeholders
- Proven ability to collaborate with partners across multiple disciplines, functions and locations
- Logical and structured approach to planning and problem solving and decision-making
- Ability to prioritize and deliver against deadlines
- Good Microsoft Office skills – Excel, Word and PowerPoint
- Capacity to think laterally and convey an understanding of the big picture
- Strong communication (verbal and written) and presentation skills
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
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