CIB Markets Legal and Regulatory Change Management - Associate Description: Role Summary: - The Office of Legal Obligations (OLO) program is a firm-wide, global initiative that brings together the expertise of Legal, businesses, Business Control Management, Compliance, Risk and other key control functions, to proactively manage regulatory changes in our operations and allow us to trace end-to-end connections between laws, rules and regulations on the one hand, and our policies and procedures that demonstrate compliance on the other. - The OLO program has been running since 2017, and is now transitioning into a 'BAU' state, in which a Legal and Regulatory Change Management (LRCM) framework has been established, to ensure that the inventory of laws, rules and regulations relevant to global Markets businesses held in the Enterprise Library Application, or ELA database, is kept up to date to reflect the impact of constant business and regulatory change. - The role is within the Markets Business Controls Management (BCM) organization, supporting the global Markets business across Sales, Trading and Research. The Markets LRCM Associate will be responsible for the completion of LRCM-related BAU tasks, including mapping legal obligations to the policies, procedures and other evidence that demonstrates how Markets meets these legal requirements. - Mapping Execution activities will involve working extensively with a diverse set of global stakeholders, including Legal, Compliance, Business Control Management and other stakeholders. The team's activities cover 24 jurisdictions (8 languages), with further scope expansion expected. - The position reports into the global Markets LRCM Support lead, based in Bangalore. Responsibilities of the position include: Mapping Execution: - Determining the applicability of individual regulations to the Markets businesses, and subsequently mapping these legal obligations and the full underlying legal text to procedures or other supporting documentation, and related CORE Business Processes. - Acting as a Subject Matter Expert on OLO processes and tools, collaborating with Legal, Compliance, Risk, Finance, Business partners and others to ensure a clear and consistent interpretation of applicable obligations - Developing and maintaining reference data to facilitate obligation mapping, e.g. matrices of business activities, LEs, procedures and control framework by product and country - Compiling procedure gap analysis data and making recommendations to senior Business Control Managers, amongst others, as to how these gaps should be addressed - Responding to and resolving items identified by Quality Assurance and audit processes Regulatory Change activities: - The bank has established a Legal and Regulatory Change Management framework, to ensure the mapping of legal obligations in the ELA database remains up to date in the face of business and regulatory changes. - The LRCM Global Support team will, in addition to owning obligation-related activity as outlined above, contribute to the LRCM program's activities. This may include: - Assessment of the impact of regulatory changes (LATAM-focused) - MIS / Reporting / Governance material production - Running the weekly LRCM Triage process for Markets - The scope of these reg change management activities is likely to increase over time. Qualifications: - A level of familiarity with, and interest in, J.P. Morgan's Markets products and businesses - Experience in business controls, operational risk, Compliance, Legal, Audit or similar function with coverage of Markets Sales / Trading businesses - Understanding of the control framework for Markets businesses would be beneficial - Comfortable with and adept at reading and interpreting legal text as a layperson (note: formal legal qualifications are not required) - Good project management skills and ability to instill structure, process and accountability to meet aggressive weekly production delivery targets, whilst maintaining quality standards. - Detail oriented, with a highly disciplined approach to process and quality control - Strong business analysis skills to enable efficient, accurate and objective decision making - Excellent personnel and organizational management skills, ability to work under pressure and handle high volume of throughput without compromising quality - Ability to partner closely with related functions to ensure a coordinated and effective program - Strong written and verbal communication skills About US: - JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. - 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. 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Bangalore

JP Morgan Chase - Associate - Markets Legal & Regulatory Change Management - CIB 

JP Morgan Chase - Associate - Markets Legal & Regulatory Change Management - CIB  ,Job Description for JP Morgan Chase - Associate - Markets Legal & Regulatory Change Management - CIB  in JP Morgan Chase in  Bangalore for (3-8) years of experience. Apply Now!

Job Description for JP Morgan Chase - Associate - Markets Legal & Regulatory Change Management - CIB  in JP Morgan Chase in  Bangalore for (3-8) years of experience. Apply Now!