JPMorganChase is required to develop recovery and resolution plans as well as related capabilities to execute or otherwise operationalize these plans. The Recovery Plan details the actions that the Firm would take to avoid failure by staying well-capitalized and well-funded in the case of an adverse event. The Resolution Plan, commonly known as a living will, details the Firm's strategy for a rapid and orderly resolution in the event of a material financial distress or failure of the Firm. The Commercial & Investment Bank (CIB) Recovery & Resolution team (CIB R& R) is responsible for the governance and implementation of CIB-related deliverables to the Firm's Recovery and Resolution Plans. CIB R& R partners extensively with internal stakeholders to inform, oversee, manage, and complete deliverables before they are reviewed with senior management and then submitted to regulators.
As a Senior Associate within the Resolution & Recovery team, you will be part of a global team stationed in Brooklyn, Chicago, Bengaluru, and London. You will be responsible for effectively planning and managing the execution of resolution deliverables assigned to the Corporate and Investment Bank. In this role, you will have the chance to collaborate with various business lines and functional areas across the world to implement the Corporate and Investment Bank Resolution & Recovery program.
Job responsibilities- Coordinate across CIB legal entities, lines of business, and other key areas (e.g., Legal, Tax, Finance, Operations, Risk, Business managers/partners) to develop time-sensitive resolution planning deliverables in a well-controlled and -governed manner.
- Provide clear written and verbal direction on deliverable requirements and status; lead working groups or ad hoc meetings with stakeholders to move deliverables forward, across varying time zones and teams.
- Create project plans for deliverables, inclusive of sign off strategy and executive review calendaring; develop materials for presentation to senior management and other stakeholders.
- Prepare management reports, including scorecards and steering forum materials.
- Ensure that governance and support documentation is complete, accurate, and updated; contribute to internal audit, control, and regulatory engagements.
- Develop an understanding of applicable regulations and policies impacting CIB R& R.
- Assist with ad hoc assignments and other projects to support the CIB R& R team.
Required qualifications, capabilities, and skills- Bachelor's Degree
- 5+ years of work experience at a financial services company or in a project or program management capacity.
- Strong written and verbal communication skills.
- Ability to think creatively with a problem-solving mindset.
- Attention to detail and interpersonal skills with the ability to foster a sense of teamwork.
- Ability to operate in a fast-paced environment under a high level of scrutiny.
- Experience with Microsoft Office (Word, Excel, PowerPoint, Outlook).
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary Brooklyn, NY $95, 000.00 - $135, 000.00 / year
Please see the job description for required or recommended skills.
Please see the job description for benefits.