Job Description
Are you an experienced senior leader with extensive knowledge of the payments business and regulations, with regulatory advisory experience and a passion for innovation and stakeholder engagement?
The Global Regulatory Developments and Engagement (GRDE) function within Payments Controls is responsible for managing regulations and driving regulatory compliance for Payments globally. In order to ensure that the business is kept abreast of regulatory changes in the fast and evolving Payments business, and to ensure that regulatory risks are adequately managed, the Payments Control organization is seeking an Executive Director level candidate to provide regulatory advisory capability and lead the standardization of the regulatory change management processes within Payments.
As a leader within the GRDE function, you will be responsible for leading the execution of the GRDE Regulatory Change strategy which includes working in partnership with Legal to provide advisory capability to senior leadership from the business and other stakeholder groups and facilitating regulatory impact discussions. You will also be responsible for working with the wider team to drive efficiency across the end to end process. Demonstrating thought leadership, as well as delivery of best practice, you will leverage your in depth understanding of payments regulations to provide guidance on the impact of regulatory changes to the business. If you enjoy providing advisory services on Payments regulations and seeing regulations from inception through to delivery, you may be the perfect fit for our team.
Job Responsibilities
- Work closely with key stakeholders including Legal and support the business by providing advisory capability
- Review existing and upcoming regulations and advise the business of the impact of the regulatory changes to their products and processes
- Manage stakeholder engagements and facilitate collaboration among diverse teams to drive conclusion on regulatory impact and maintain clear communication channels with stakeholders
- Work effectively with relevant stakeholders to identify and implement process efficiencies and oversee the end to end regulatory life cycle for designated areas
- Support regulatory exams and produce clear regulatory insights that inform decisions
- Manage a team and drive culture of continuous improvement, fostering innovation and efficiencies in processes
- Provide guidance and training on Payments related regulations
Required Qualifications, Capabilities, And Skills
- Extensive knowledge of the Payments business; including existing and new emerging payment regulations and trends
- Significant experience in providing regulatory advisory services
- Regulatory Change Management skills with the ability to lead and facilitate regulatory discussions with leaders from the business, Legal, Operations and Compliance
- Strong managerial and leadership skills
- Strong communication skills - both verbal and written, with the ability to convey complex regulatory concepts to senior leadership
- Ability to establish strong relationships with other parts of a large organization
- Proactive approach to problem solving, owning the issues and having the determination to follow tasks/issues through to resolution
- Detail oriented, with a highly disciplined approach to process and quality control
- Experience working with geographically distributed and culturally diverse workgroups
- Proven ability to achieve quality results in a rapidly changing environment requiring flexibility / adaptability to changeable directives
Preferred Qualifications, Capabilities, And Skills
- Extensive experience in the financial services sector, in a leadership position within a regulatory environment
- Law background or experience working as a regulator in the financial services sector
- Ability to deliver an actionable roadmap
- Proficient knowledge of control and risk management concepts with the ability to design, create and evaluate risk and control environment in conjunction with business partners
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 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 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 is an Equal Opportunity Employer, including Disability/Veterans
About The Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
