Operations Control Manager, Nutmeg - Vice President

Overview

Operations Control Manager, Nutmeg – Vice President. Are you looking for a new opportunity to lead and develop a Controls Management Team? The role focuses on leading and building an enhanced control framework that supports a continuous and integrated approach to risk assessment, top-down risk analysis, real-time control issue detection, escalation, root cause analysis, and remediation.Introduction

The International Consumer Bank supports Nutmeg, which focuses on customer-centric offerings in investments and digital wealth management. Our Control Management team aims to get smart ideas into the hands of customers. We seek people with a curious mindset, who thrive in collaborative teams, and are passionate about new technology.Job Summary

The Control Management team 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.Job Responsibilities

Leading the design and implementation of control frameworks to ensure compliance with regulatory requirements and internal policiesCultivate and leverage strategic relationships with business stakeholders to proactively identify and assess potential risks associated with both new and existing productsCollaborate to design and implement robust risk mitigation strategies that align with business objectives and regulatory requirementsDevelop a comprehensive understanding of practices and processes within Trading and Operations teams to identify potential risks and implement efficient risk mitigation measures that enhance operational integrityConduct comprehensive risk assessments for product development and change initiatives, ensuring risks are identified, evaluated, and addressedMonitor and evaluate the effectiveness of existing controls and recommend improvements as necessaryProvide training and guidance to staff on control processes and risk management practices and foster proactive risk management cultureContribute to Control Design and Expertise; Risks and Controls Identification/Assessment; Issue Management; and Control Governance and ReportingPartner effectively with control colleagues across the firm, including business, operations management, legal, compliance, risk, audit and technology control functionsSupport consistent and rigorous operational risk practices and control programs (including control committee reporting, risk mitigation, key risk indicators, control design, and controls performance evaluations)Review, analyse, and manage programme-related data (e.g. KRIs/KPIs) and key metrics to inform on the health of the operational risk and control environmentContribute to cross-departmental initiatives (e.g. awareness programs, risk expos, trainings, etc.)Required Qualifications, Capabilities And Skills

Relevant experience in Operational Risk Management within large financial institutions or similar environmentsExperience in Trade support or trade execution is beneficialStrong risk identification and assessment skills and development of effective control mechanismsExcellent written and verbal communication with ability to influence senior stakeholdersExperience partnering with business and other stakeholders to manage remediation of operational risk issuesExperience process mappingEffective time management and prioritizationDetail-oriented with high accuracy and integrityComfortable in agile and evolving environmentsProficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio)Preferred Qualifications, Capabilities And Skills

Experience with JIRA, Confluence, Alteryx or COREKnowledge of Wealth Management banking processes, regulations and riskUnderstanding of investment management productsExperience leading small teams or coaching junior team membersAbout Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to corporations, governments, wealthy individuals and institutional investors. We strive to build trusted, long-term partnerships to help clients achieve their objectives. We are an equal opportunity employer and value diversity and inclusion. We do not discriminate on protected attributes and provide reasonable accommodations as needed.Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design and Expertise, Risks and Controls Identification/Assessment, Issues and Control Deficiencies and Control Governance and ..... full job details .....