JPMorgan Chase MaRisk Compliance Officer - Vice President (m/f) based in Frankfurt, Germany in Frankfurt, Germany
- MaRisk Compliance Officer, Vice President (m/f)*
About J.P. Morgan J.P. Morgan is a leader in financial services, working in collaboration across the globe to deliver the best solutions and advice to meet our clients’ needs, anywhere in the world. We operate in 150 countries, and hold leadership positions across our businesses. We have an exceptional team of employees who work hard to do the right thing for our clients and the firm, every day. This is why we are the most respected financial institution in the world – and why we can offer you an outstanding career.
Our business The regulated role of the MaRisk Compliance Officer is an integral part of the risk management and controlling framework in J.P. Morgan AG, which forms the backbone of the firm’s Corporate & Investment Banking operations in Germany. As its core business activities, J.P. Morgan AG is acting as Euro clearing provider for the J.P. Morgan affiliates and Financial Institutions worldwide as well as a regulated custodian for the German investment market.
Opportunity The MaRisk Compliance Office function has to manage and minimize the risks that come from the non-adherence to rules and regulations, ensuring compliance with MaRisk AT 4.4.2 and reports directly to the Chairman of the Management Board of J.P. Morgan AG.
Key responsibilities: Maintain a regulatory inventory and identify all relevant regulatory requirements and legal obligations (adopting a risk-based approach), covering banking-related regulations as well as other legislation relevant to the firm (e.g. HR, Health & Safety etc.);
Identify upcoming changes in German as well as EU legislation, working closely with in-house Legal teams in Frankfurt and London, other control functions (in particular Compliance, Risk and Finance) within the firm as well as with national industry bodies;
Initiate the analysis of upcoming changes, in close cooperation with business and control functions, with regard their impact on business activities in J.P. Morgan AG and the need for action to ensure timely implementation of future requirements;
Ensure all departments implement effective processes to adhere to relevant regulations and legal obligations as well as strong controls for the identification, assessment and measurement of Compliance Risk;
Maintain own policies and procedures and contribute to the enhancement of the firm’s policy framework;
Ensure all departments are aware of their responsibilities by providing advice and conducting regular training;
Provide annual (or event-driven) reports to the Board of Directors of J.P. Morgan AG;
Work towards a Compliance culture within the bank.
Advanced academic degree, preferably in legal and/or compliance in the financial service industry or any related area; continuously acquainting oneself with current regulations is a must
Strong control culture and mindset, matured through several years experience, preferably in Legal or Compliance in a comparable financial institution
First-class project management skills, systematic and structured approach
Excellent team player, with goal-oriented thinking and action based on strong analytical and conceptual skills
Strong communicator at all levels of the organization, able to deliver difficult messages effectively and sensitively and to influence colleagues without having formal disciplinary reporting lines, particularly in supporting change management, taking a top management perspective
Highest standards of integrity
Fluency in English is essential
Organization: *CORPORATE & INVESTMENT BANK
Title: MaRisk Compliance Officer - Vice President (m/f) based in Frankfurt, Germany
Location: DE-HE-Frankfurt-Taunusturm / 33184
Requisition ID: 160116259