Compliance, Private Bank Product Advisory Compliance, VP - Hong Kong
November 5, 2020
JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
What it Means To Work Here
Here, you'll feel welcomed and valued. Our clients, transactions, deals and projects are global so we work hard to create diverse, inclusive teams that support our business and each other. Learn about our culture here.
Corporate Compliance The Compliance function assists management and staff in fulfilling their duty of compliance. The function provides a broad range of regulatory and compliance services and advice to all areas of JPMorgan Chase worldwide. Services include regulatory analysis of transactions and activities, formulation of regulatory and control policy, assistance in risk assessment, and new product development and implementation, assistance in the education of staff in regard to compliance policy and procedure.
With a diverse team of Compliance professionals supporting all areas of our business around the globe, the team is working diligently to be innovative and present all business partners with thoughtful and unique solutions to the challenges they face. The Compliance function has a robust set of priorities in place focused on best practice and employee development to ensure goals are delivered.
Private Banking Compliance:
In Asia, the International Private Bank (IPB) Compliance team provides regulatory advisory support to business stakeholders with respect to offering of investment products, discretionary accounts, banking and lending products, digital platform as well as trustee services. The Compliance team performs independent second-line risk assessments, implements the compliance monitoring programs, market conduct violation and sales practices framework, as well as supports the firm-wide horizontal programs on outsourcing, cross border, suitability and fiduciary.
Provide advice on APAC regulations that impact the sales practice and control environment in Private Bank, including rules governing the client suitability and cross border activities
Review and provide advice to business partners on specific client transactions, including but not limited to product due diligence, cross trades and the various exchange rules, wall crossing requirements
Provide compliance assessment of new products and initiatives tabled through the firm's Change Control Forum or New Business Initiatives Approval process
Manage the change management process for any regulatory changes and partner with business and control functions to implement the required processes and controls
Participate in global working group within Private Bank Compliance on best practices around sales practices and trading process
At least 10 years of relevant experience in a compliance or control role, with demonstrable technical knowledge in private bank compliance or capital market compliance.
Candidates with no prior compliance experience, but have strong product knowledge and control function experience in private bank would also be considered.
An individual who is motivated, a team player and communicates effectively with business partners and other control functions.
Ability to manage his/her own work independently around multiple ongoing projects, and engage proactively with project stakeholders to deliver on goals and objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce is 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, or disability, or any other basis protected under applicable local law. In accordance with applicable local law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.