Compliance Risk Management Lead - Client Assets Sourcebook – Vice President

Bournemouth, England, United Kingdom

12/19/2024

Job Description

Join our dynamic Securities Services Compliance team and play a crucial role in ensuring our Commercial & Investment Banking operations adhere to the Financial Conduct Authority's Client Assets Sourcebook (CASS) Rules. As a Compliance Officer, you'll be working collaboratively across departments to uphold regulatory standards and mitigate risks. This is your opportunity to make a significant impact in a fast-paced environment.

As a Compliance Officer in the Securities Services Compliance team, you will ensure CIB's adherence to CASS Rules, working closely with various departments to maintain effective compliance frameworks. You will be a key contact for CASS-related queries and audits, leveraging your deep understanding of CASS Rules and strong analytical skills to drive compliance and risk mitigation.

Job Responsibilities

• Develop and maintain a robust CASS compliance framework to ensure adherence to all relevant regulations and guidelines.
• Monitor and assess the effectiveness of existing CASS controls and procedures, recommending improvements where necessary.
• Attend breach calls and provide compliance feedback on issues and escalations.
• Support the LOBs with the annual audit by reviewing documentation and providing guidance and challenge.
• Attend audit meetings to provide updates on CASS oversight.
• Review and support the business in developing and updating CASS policies and procedures in line with regulatory changes and industry best practices.
• Identify, assess, and mitigate risks related to client asset protection, ensuring that appropriate controls are in place.
• Ensure CASS compliance is integrated into the broader risk management framework.
• Work closely with internal stakeholders, including finance, operations, and legal teams, to ensure a comprehensive understanding of CASS requirements and their impact on business operations.
• Provide expert advice and guidance on CASS-related matters to senior management and other relevant parties.
• Stay up-to-date with changes in CASS regulations and industry trends, ensuring that the organization remains compliant and competitive.
  
  

Required Qualifications, Capabilities, And Skills

• Bachelor’s Degree or equivalent.
• In-depth knowledge of the FCA Handbook, particularly CASS Rules.
• Understanding of Markets business within CIB.
• Superior analytical and interpretative skills.
• Strong communication and partnership-building skills.
• Ability to identify potential issues and areas for improvement.
  
  

Preferred Qualifications, Capabilities, And Skills

Experience in compliance, regulatory consulting, audit, risk, legal, or controls

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

About The Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm’s needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.