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JPMorganChase
Jersey City, New Jersey, United States
(on-site)
Posted
1 day ago
JPMorganChase
Jersey City, New Jersey, United States
(on-site)
Job Type
Full-Time
Job Function
Banking
Finance & Business Management - Vice President
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Finance & Business Management - Vice President
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
The Litigation Business Management team acts as a trusted advisor to the Litigation General Counsel and optimizes business performanceAs a Litigation Operational Risk Business Manager on the Litigation Finance and Business Management team, you will play a key role overseeing the identification, recording, monitoring, and reporting of operational risk events within the Litigation department. This role ensures adherence to Firmwide Internal Operational Risk Event Standards and manages the interface between the Litigation matter management system (LitHub) and the Firm's operational loss system of record (Risk Event Database - RED). You will also play a critical role in supporting Litigation Reporting and enhancements for LitHub by collaborating with Product Owners and Legal Technology.
Job Responsibilities
- Manage monthly reporting of litigation matter and loss data to the firm's operational risk database by established deadlines
- Ensure data accuracy and completeness for the reporting to Operational Risk system for settlements, reserves, fines, and outside counsel fees
- Partner with cross-functional teams to resolve data variances and quality issues
- Maintain compliance with firmwide operational risk standards and procedures
- Manage the work of the team responsible for Request for Proposal, Litigation matter reporting and discovery management
- Manage the request for PwC audit (legal entity searches) and Reg W reporting
- Coordinate quality assurance processes and update Litigation Operational Risk procedures and serve as main point-of-contact for LitHub (Litigation matter management system) enhancements to ensure data quality for reporting and better user experience
- Serve as business partner to Op Risk and Litigation teams for litigation reporting
- Partner with the business, Operations and Technology in the definition of future workflows and implementation of related technology and infrastructure projects to prepare the business to meet the team's goals
- Collaborate with Legal Finance for Legal Fees, Litigation Reserves and Settlements
- Paricipate in respective internal/external working groups and respond to ad-hoc requests and provide guidance on reporting requirements, as needed.
Required qualifications, skills, and capabilities
- Bachelor's degree in Business, Finance, Risk Management, or related field
- 5+ years of experience in finance, controls, risk, legal operations, compliance, or related field
- Proven ability to produce accurate, timely reports with complex data sets, reconciliation, and quality assurance
- Demonstrated commitment to maintaining robust controls frameworks; proactive in identifying process improvement opportunities and ensuring compliance with policies and procedures
- Highly motivated self-starter with excellent time management/prioritization skills
- Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
- Excellent written and oral communication skills with ability to present well to senior and global Litigation heads
- Able to forge strong internal relationships across a broad range of functions
- Ability to manage multiple priorities and meet strict deadlines
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT
About Us
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
About the Team
\n 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.\n
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\n Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.\n
Job ID: 82674226
Please refer to the company's website or job descriptions to learn more about them.
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