JPMorgan Chase - New York, NY
posted 6 months ago
As a Line of Business (LOB) Asset Management Compliance Vice President at JPMorgan Chase, you will play a crucial role in ensuring that the firm operates within the regulatory framework while supporting its business objectives. Your primary focus will be on providing expert guidance to various business units regarding regulatory matters, particularly in the areas of equities and fixed income securities. You will develop a deep understanding of trading practices and the associated rules and regulations, advising Product Groups such as Portfolio Managers, Research Analysts, and Traders on trade-related issues. This includes navigating complex matters such as cross trading, trading with affiliates, allocations and reallocations, remediating trading errors, and addressing conflicts of interest. In this role, you will also assess regulatory changes and their impact on the business, ensuring that the firm remains compliant with evolving regulations. You will conduct compliance training sessions and draft compliance bulletins to educate business counterparts on relevant policies and procedures. Additionally, you will handle trade alerts escalated from Trade Surveillance and manage reporting and escalation to the Market Conduct Violation Program. Your responsibilities will extend to managing trade-related policies, updating compliance desk procedures, and responding to business inquiries regarding policy matters. You will identify processes that are ripe for automation and provide guidance on critical controls within business procedures. Supporting the Chief Compliance Officer (CCO) compliance program will be essential, as you will drive testing and monitoring plans, complete risk assessment challenges, and contribute to the annual CCO report while assisting with regulatory exams. Furthermore, you will assist the Investment Specialist Teams with info barrier issues, client due diligence meetings, RFPs, and Client Agreements. Developing metrics and compliance updates for governance forums will be part of your duties, as will understanding product strategies and identifying risks associated with product and operational support. Collaboration with colleagues in the Compliance, Conduct, and Operational Risk (CCOR) team will be vital to promote best practices and consistency across asset classes and regions, ensuring effective challenge, guidance, and advice in coordination with legal and operational risk teams.