Job Description
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Compliance Lead Vice President, you will be responsible for providing regulatory compliance guidance and supporting the Commodities line of businesses, including Physical and Financial Gas Trading, Gas Scheduling, Physical and Financial Power Trading, Environmental & Emissions and Oil Trading. You will also work closely with other lines of business across the firm on cross-product initiatives. In addition, you will partner with other Compliance and Legal teams on assessing and measuring compliance and related risks and developing common standards and practices.
Job Responsibilities
- Identify and manage compliance and conduct risk related to trading of physical commodities financial OTC derivatives, and listed futures
- Review new and amended business initiatives for compliance with regulatory requirements.
- Perform compliance reviews and risk assessments, advice on development and implementation of enhanced controls.
- Develop and conduct ad hoc, ongoing, and annual training.
- Establish and maintain open and effective relationships with regulators including the FERC, ISOs, CFTC, exchanges, and other regulators.
- Assist in preparing information and responses to regulatory examinations, investigations, inquiries, and data and information requests.
- Participate in relevant industry association committees and initiatives.
- Attend business meetings and control forums.
Required qualifications, capabilities, and skills
- Experience in drafting compliance policies, bulletins, and manuals.
- Experience with FERC regulated gas or power trading markets,.
- Strong interpersonal and influencing skills.
- Proven ability to communicate effectively at all levels both verbally and in writing.
- Capable of operating comfortably within a complex organizational structure.
- Excellent business judgment and problem-solving skills.
- Self-starter with the aptitude to initiate action, adapt to change, make difficult decisions, and accept challenging assignments.
- Work effectively both in a team environment and independently.
- Manage complex tasks simultaneously in a deadline-intensive, dynamic, fast-paced environment.
- Bachelor's degree with 6+ years of experience.
Preferred qualifications, capabilities, and skills
- FERC Form 552, FERC EQR Reporting, FERC Interlocking Directorate Reporting
- Preparation, or review, of Hedge exemptions on Exchange position limits
- Experience with FERC Affiliate Rules and Standards of Conduct.
- Preparing of responses to regulator inquiries from Exchanges, FERC, ISOs or IMMs
- Experience with a law firm, regulator, investment bank, broker, or market participant.
About Us
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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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