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).