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Risk Management - Transaction Risk Lead, Vice President
JPMorgan Chase Columbus, OH
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$77k-99k (estimate)
Full Time 1 Week Ago
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JPMorgan Chase is Hiring a Risk Management - Transaction Risk Lead, Vice President Near Columbus, OH

Job SummaryAs a Transaction Risk Lead you are a member of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You support the firm's growth in a responsible way by anticipating new and emerging risks. Further, using expert judgement you work 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.Transaction Risk is the risk of loss associated with intraday and overnight exposure from treasury service products. Transaction Risk Management roles partner with Bankers and Credit Risk to provide oversight and management of client payments flow to ensure quick recover of funds and review treasury service facilities usage to make recommendations regarding facility size and risk mitigation. Job Responsibilities Key components of the role:Manager of individual contributors.Participates in governance including associated committees, working groups, procedures, and controls. Participates in forums regarding revisions of key systems.Is knowledgeable on payment flows, customer patterns, relevant current events and significant transactions. Makes sound decisions in the best interest of the firm according to risk management practices and policiesMonitor, acknowledge and approve overnight overdraft in a timely manner using a fact based approach. Monitor and approve intraday overdraft transaction including transactions found in Global Funds Control and Intraday Facility Monitoring toolProactively follow-up with TS client service officers and relationship managers in order to have clients cover aged overdrafts. Review TS related credit facilities as part of the annual grade review process based upon utilization and provide facility recommendation.Builds strong relationships and maintains open communication channels with client coverage team and product partners to act as subject matter expert.Required Qualifications, Capabilities & Skills 10 years experience in Customer Service, Product Management, Credit, Operations, or related areas. Advanced capability and proficiency in risk related Policies and Procedures and Systems, like Integrated Credit Risk Desktop. Excellent communication skills. Self-starter capable of working in a time sensitive environment. Executes and monitors progress of multiple task/activities to ensure completion and deadline/cut off requirements are met.Ability to evaluate various aspects of a situation and identify key informationEngages other through appropriate use of facts, convincing examples and direct persuasion to support productive discussion.

Job Summary

JOB TYPE

Full Time

SALARY

$77k-99k (estimate)

POST DATE

05/05/2024

EXPIRATION DATE

05/18/2024

WEBSITE

jpmorganchase.com

HEADQUARTERS

MCKINNEY, TX

SIZE

>50,000

FOUNDED

1968

REVENUE

>$50B

INDUSTRY

Banking

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About JPMorgan Chase

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world. Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries. Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities. 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and ... affirmative action employer Disability/Veteran. More
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