Job Description
Payments Regulatory Operations - Global Governance Leader - Executive Director
Description :
- Payments Operations (POps) is part of the Digital & Platform Services organization in the Corporate & Investment Bank. POps provides the following capabilities:
- Operational support to the Payments businesses including Treasury Services, Commercial Card, Trade Finance and Merchant Services
- Payment hub services for all firmwide divisions.
- Cross-product cash management, reconciliation and change management services.
- POps consists of over 10,000 employees across 60 sites and supports 142k corporations, financial institutions, governments and municipalities domiciled in over 180 countries.
Role Description :
- Regulatory reporting requirements are complex, increasing in nature, and our reporting infrastructure requires upgrade to meet these requirements.
- We want to strengthen our management of those regulatory reporting needs and drive significant improvement around completeness, control, and ability to adapt to new requirements. Hence, we are seeking an Executive Director to own Payments Regulatory Operations Governance.
- The role will report into the Head of Payments Regulatory Operations. Initial focus will be heavily orientated upon governance structure for Payments, Clearing, Settlements (PCS) and the Fed Y-15 Reporting to support the FRB Resolution Planning and GSIB regimes respectively.
Responsibilities will include:
- RegOps Governance
- Analyze existing regional governance structures in order to create and operate a strategic, sustainable governance structure around day-to-day execution and ongoing improvement. The governance model framework will be defined by these main tasks:
- Regulatory Obligations - Develop a governance model that covers obligations stored in the firmwide inventory and additional obligations tracked separately to ensure that Payments Regulatory Operations can meet its obligations accurately and completely and on a timely basis
- Operational Metrics - Partner with the Regulatory Operations Leadership Team to develop key performance indicators and key risk indicators
- Operational Oversight - Ensure sustainable governance is in place to oversee and monitor adherence to policies, standards and procedures related to Intelligent Solutions, Inter-Affiliate Service Agreements, procedure management, etc.
- Rules of logic (e.g. as defined in the appropriate Rule Book) - Ensure adherence to rules of logic and well-documented roles and responsibilities in maintaining adherence to these rules
- Data - Track and monitor production and data issues, including from upstream sources
- Change management - Develop a governance model for the regulatory reporting change control process in order to manage material changes to scope / requirements and understand timeline impacts to reporting milestones
- Quality Review - Define and execute a robust process for ensuring the quality of regulatory report submissions as well
Description :
- Payments Operations (POps) is part of the Digital & Platform Services organization in the Corporate & Investment Bank. POps provides the following capabilities:
- Operational support to the Payments businesses including Treasury Services, Commercial Card, Trade Finance and Merchant Services
- Payment hub services for all firmwide divisions.
- Cross-product cash management, reconciliation and change management services.
- POps consists of over 10,000 employees across 60 sites and supports 142k corporations, financial institutions, governments and municipalities domiciled in over 180 countries.
Role Description :
- Regulatory reporting requirements are complex, increasing in nature, and our reporting infrastructure requires upgrade to meet these requirements.
- We want to strengthen our management of those regulatory reporting needs and drive significant improvement around completeness, control, and ability to adapt to new requirements. Hence, we are seeking an Executive Director to own Payments Regulatory Operations Governance.
- The role will report into the Head of Payments Regulatory Operations. Initial focus will be heavily orientated upon governance structure for Payments, Clearing, Settlements (PCS) and the Fed Y-15 Reporting to support the FRB Resolution Planning and GSIB regimes respectively.
Responsibilities will include:
- RegOps Governance
- Analyze existing regional governance structures in order to create and operate a strategic, sustainable governance structure around day-to-day execution and ongoing improvement. The governance model framework will be defined by these main tasks:
- Regulatory Obligations - Develop a governance model that covers obligations stored in the firmwide inventory and additional obligations tracked separately to ensure that Payments Regulatory Operations can meet its obligations accurately and completely and on a timely basis
- Operational Metrics - Partner with the Regulatory Operations Leadership Team to develop key performance indicators and key risk indicators
- Operational Oversight - Ensure sustainable governance is in place to oversee and monitor adherence to policies, standards and procedures related to Intelligent Solutions, Inter-Affiliate Service Agreements, procedure management, etc.
- Rules of logic (e.g. as defined in the appropriate Rule Book) - Ensure adherence to rules of logic and well-documented roles and responsibilities in maintaining adherence to these rules
- Data - Track and monitor production and data issues, including from upstream sources
- Change management - Develop a governance model for the regulatory reporting change control process in order to manage material changes to scope / requirements and understand timeline impacts to reporting milestones
- Quality Review - Define and execute a robust process for ensuring the quality of regulatory report submissions as well
💡 Quick Summary
Seeking a career-building opportunity? The JP Morgan Chase | Global Governance Leader|Executive position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.