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Commercial Bank - Wholesale Lending Services - Risk and Controls- VP - Columbus, OH #7009906

Company: JPMorgan Chase

Date: 11/09/2019

Category: Chemicals / Petro-Chemicals

City: Columbus, OH

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial
services firm with assets of $2.6 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 JPMorgan Chase & Co brands. JPMorgan Chase & committed to
providing a comprehensive set of benefits choices to meet different employee
needs and lifestyles, which include choices such as fully paid parental leave
time, health care insurance and retirement benefits.

Commercial Banking provides
comprehensive solutions, including lending and treasury services, to
corporations, municipalities, financial institutions and not-for-profit
entities with annual revenues generally ranging from $20 million to $2 billion,
as well as real estate investors and owners.

Role will be a member
of the WLS Risk & Control Team whose primary responsibilities include design
and evaluation of the Controls framework for risk mitigation, compliance with
regulations, documentation and collateral management for Commercial Bank
Wholesale Lending Services.

Primary responsibilities include:

  • Lead a team of Control Managers supporting a WLS Product vertical.

  • Responsible for end to end Controls Management for assignedproduct vertical.

  • Control team primary interface with teams responsible forregulatory reporting.

  • Conduct robust risk assessments to identify risks and key internalcontrols that mitigate identified risks.

  • Design and evaluation of control assessments in accordance withestablished corporate guidelines.

  • Determine effectiveness of controls through end to end processreviews and testing.

  • Support business partners to conduct in-depth root cause analysisfor issues and assist in the development of remediation plans.

  • Design and execute targeted testing to determine remediation effectiveness.

  • Identify, escalate and report risk events. Work with theappropriate groups to determine control weakness and root cause. Record riskevents in the corporate internal tracking system.

  • Prepare Executive level reporting of key metrics, loss events,issues and testing results.

  • Acting liaison for internal and external audits including compliancerelated exams.

  • Retrieve and interpret loan documents and other pertinent sourcedocuments as necessary to support testing requirements and audit functions.

  • Support business operations by partnering with the business tocreate best practice solutions and drive process and control enhancements,providing expertise in risk/controls and the development of corrective actionplans.


  • Undergraduatedegree in accounting or finance, plus 5+ years of external or internal auditingexperience or equivalent is required

  • Previous control design and testingexperience

  • Expertise in performing robust riskassessments, identifying and designing effective testing of internal controlsand performing effective root cause analysis.

  • Expertise with auditing techniquesincluding appropriate sampling, performance of controls testing anddocumentation required to meet the reperformance standard.

  • Ability to formulate and clearlydocument appropriate conclusions on control effectiveness based on testingperformed

  • Proven aptitude for makingrecommendations for improving processes and strengthening controls.

  • Must be able to juggle multiple majorinitiatives and produce a quality work product.

  • Specific experience in RiskManagement, a plus.

  • Excellent communication, presentation,analytical and problem solving skills.

  • Strong familiarity with commercialbanking lending operations, regulations and lending related source documents.

  • Certification (CPA or CIA), a plus.

  • Experience with Excel, Word andPowerPoint.

JPMorgan Chase is an equal opportunity and
affirmative action employer M/F/Disability/Veteran.

JPMorgan Chase
offers an exceptional benefits program and a highly competitive compensation

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.

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