Compliance – Compliance Monitoring Manager, Asset Management – AVP/VP
Position Profile
The position requires a person who is enthusiastic, confident and has practical experience in performing asset management monitoring activities. The person's background could be a compliance officer, Chartered Accountant, internal auditor, or regulatory examiner.
Specific Responsibilities
· Thorough and up to date understanding and practical experience of either buy-side or sell-side Fixed Income and Equity trading systems and processes, including programme trading, direct market access and algorithmic trading.
· Work with the Compliance Advisory teams to ensure up to date and comprehensive understanding of these areas. Use this knowledge to execute the monitoring programme and work with the Head of Compliance Monitoring to make improvements and additions to the monitoring programme.
· Work with the Head of Monitoring to develop and update the institutional and retail monitoring programme and ensure that this remains fluid, risk-based / focused and up to date with both regulatory and business changes.
· Plan and undertake monitoring themed and periodic reviews of JPMAM's institutional and retail businesses in a thorough and timely manner.
· Perform detailed reviews in accordance with JPMAM's monitoring programme to assess compliance with applicable rules and regulations. These include monitoring reviews of front office, segregated and pooled fund activities, client money controls, suitability, sales marketing, vendor management, new business areas, etc.
· Prepare clear and organised monitoring workpapers to document and support work performed and conclusions reached.
· Highlight findings from monitoring work performed to the Head of Monitoring in a timely manner and, together work with the business to bottom out the issue and agree appropriate actions to address these.
· Prepare detailed and clear write ups of findings arising from monitoring reviews, including practical and relevant recommendations for the business to address these findings.
· Make suggestions to enhance monitoring procedures to the Head of Monitoring.
· Monitor the status of implementation of corrective action and where issues are not implemented in line with agreed timelines; escalate to the Head of Monitoring.
· Oversee and independently review monitoring work conducted by junior members of the team and provide on the job training where applicable.
· Represent the Compliance Monitoring Team on new business projects to ensure robust control structures are in place that can be subsequently monitored.
· Assist with the design and implementation of monitoring electronic exception reports and tools for JPMAM's businesses in London.
· Interact with all levels of business management and staff. Meet regularly with key business staff to stay abreast of changes within the business and issues arising.
· Undertake ad-hoc projects at the request of the Head of Monitoring.
Qualifications:
Required Skills
· Pro-active, motivated and enthusiastic.
· Detail orientated.
· Able to work independently with good time management skills.
· Practical experience of conducting retail and institutional monitoring in an asset management company.
· Knowledge and understanding of FCA and UCITS regulations.
· Good team player with strong interpersonal skills.
· Pro-active attitude towards accomplishing tasks.
· Questioning and analytical mind.
· Working knowledge of Bloomberg and Microsoft Word, Excel and PowerPoint.
· Good written skills with attention to detail and verbal communication skills.
JPMorgan Chase Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase Co. is an Equal Opportunity Employer.
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