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Corporate Compliance - Global Investment Management Compliance Testing Manager - Vice President - New York/Jersey City

Job Description

J.P. Morgan Asset Management is a leading asset manager for institutions, individuals and financial intermediaries, worldwide.  Our investment professionals are located around the world providing strategies that span the full spectrum of asset classes including equity, fixed income, cash liquidity, currency, real estate, infrastructure, hedge funds and private equity. These strategies are provided to clients through Private Funds, Mutual Funds or separate account mandates.
The role of the Compliance Testing Manager will be located in the Global Investment Management ("GIM") Adviser Testing team and will report to the GIM Adviser Testing Team Manager. 
Specific Responsibilities
  • Research, plan and undertake detailed reviews, in accordance with the GIM America's investment adviser, mutual funds and broker dealer testing programs to assess compliance with applicable rules and regulations.  These should be undertaken in an accurate and timely manner.
  • Maintaining a thorough and up to date understanding of investment adviser and mutual funds investment management requirements, including front office, operations and fund accounting.  Maintaining an understanding of broker dealer would also be beneficial.
  • Prepare and agree detailed and accurate reports of findings including the agreement of practical and relevant recommendations for the business to address.
  • Enhance the visibility of the testing team and establish key business relationships.
  • Interact with all levels of business management and staff.  Meet regularly with key business staff to remain informed of risks within the business and issues arising.
  • Work with the Compliance Advisory teams/Subject Matter Experts for the adviser and mutual funds and Broker Dealer businesses to ensure up to date and comprehensive understanding of these areas.  Use this knowledge to execute the testing program.
  • Develop and maintain the Compliance Assessment, Testing and Tracking System (CATTS) via on-going update, coordination and periodic review of the Compliance Risk Assessment. 
  • Work with the Team Manager and the Global Asset Management (GAM) Head of Monitoring and Testing to develop and update the adviser and mutual funds testing program and ensure that this remains fluid, risk-based, focused and up to date with both regulatory and business changes.
  • Make suggestions to enhance testing procedures to the Team Manager and the GAM Head of Monitoring and Testing.
  • Monitor the status of implementation of corrective action and together work with the business to resolve these issues.  Where actions are not implemented in line with agreed timelines, escalate to the Team Manager or the GAM Head of Monitoring and Testing.
  • Undertake ad-hoc projects at the request of the Team Manager and the GAM Head of Monitoring and Testing.
  • Prepare clear and organized work papers to document and support work performed and conclusions reached.
  • Certified Public Accountant (preferred);
  • Experience working for a Big 4 Audit firm (preferred);
  • At least 5 years of  compliance testing/audit experience of  the Investment Company Act of 1940 and/or Investment Advisers Act of 1940 with an overall understanding of regulations relating to adviser, mutual funds, alternatives and broker dealer businesses;
  • At least 5 years of experience as a Compliance Officer, Risk Officer, Accountant, Internal Auditor, Quality Assurance Analyst, or Regulatory Examiner within the Securities Industry.
  • Experience with either 38a-1 compliance testing or 206 (4)-7 compliance testing, required (experience with both would be preferred).
  • Practical experience of conducting adviser, mutual funds and broker dealer testing in an asset management company.
  • Pro-active, motivated and enthusiastic.
  • Strong attention to detail and strong analytical skills.
  • Able to work independently with good time management skills.
  • Strong written and verbal communication skills, as well as influencing abilities.
  • Good team player with strong interpersonal skills.
  • Working knowledge of Microsoft Word, Excel and PowerPoint.
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.
Req #: 160007222_1
Location: New York, NY US
Job Category: Compliance
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)

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