Payment Controls, Head of Regulations Control - Executive Director

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Job Description

Job Summary

In support of the rapidly evolving payments landscape, the Payments Controls organization is seeking an Executive Director level candidate to join the Global Regulatory Developments and Engagement function and be responsible for managing the Regulations Control pillar, which includes performing and overseeing legal obligations related activities for Payments. The team, in conjunction with Business and Control Managers, proactively manages regulatory changes and links laws, rules, and regulations with processes and procedures to demonstrate compliance.

As a leader of the Regulations Control function, you will be responsible for managing a global team and driving efficiency of regulatory obligations and regulatory event notices end to end workflow. Demonstrating thought leadership, as well as delivery of best practice, you will leverage your in depth understanding of the regulatory landscape to provide insightful reporting and work in partnership with the rest of the function to enhance process inefficiencies. If you enjoy conducting regulatory analysis and managing people, you may be the perfect fit for our team.

Job Responsibilities

• Lead the Regulations Control function and oversee the day to day activities for the global team, which includes mapping of obligations to processes and procedures
• Approve impact assessments for new or amended regulations whilst ensuring that the assessments considers the full suite of Payments products
• Implement a robust control framework and ensure periodic control reviews and data quality checks are conducted
• Manage stakeholder engagements and represent Regulations Control in relevant forums
• Work effectively with relevant stakeholders to identify and implement process efficiencies
• Produce clear regulatory insights that inform decisions from obligations data
• Provide guidance and training on Payments related regulations

Required Qualifications, Skills and Capabilities

• Extensive knowledge of regulations impacting payments, ideally coupled with Payments business knowledge
• Knowledge of existing and new emerging payment trends
• Strong managerial and leadership skills, and experience managing, inspiring, and motivating teams spread across multiple jurisdictions
• Strong communication skills - both verbal and written, including the ability to convey complex ideas and concepts in a clear manner with a senior audience.
• Proactive approach to problem solving, owning the issues and having the determination to follow tasks/issues through to resolution.
• 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, Skills and Capabilities

• Extensive experience of financial services, in leadership position in controls, audit, quality assurance, risk management, or compliance preferred
• 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
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint) preferred

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

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.

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 & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.