JPMorgan Chase Jobs 2023 – Securities Services

Website JPMorgan Chase

About the job


Securities Services Operations – CASS Governance and Oversight – Bournemouth

Level: Associate (601)

Employer Description

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, colour, 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

Organization Description

JPMorgan Chase & Co. Corporate & Investment Bank (CIB) is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world. Securities Services Operations (SSO) sits within the Corporate & Investment Bank’s (CIB) Digital & Platform Services function. It provides operational support for all securities and derivatives processing, asset servicing, fund administration, settlement and collateral management, reconciliations and billing.

Within SSO, the CASS Governance & Oversight are responsible for the design, implementation and oversight of the governance frameworks that ensure that the CIB is able to comply with UK client asset rules set by the Financial Conduct Authority (FCA). The CASS Audit, Risk and Control team sits within this wider team focusing on UK client asset requirements (CASS).

Job Description

The CASS Audit, Risk and Controls team focuses on the oversight and management of the annual CASS Statutory audit required by the Financial Conduct Authority (FCA), the oversight of the CASS applicability process for all CIB business areas and the CASS Resolution Pack testing oversight and management. It also ensures the smooth running of the CASS governance frameworks contributing to compliance with relevant legislation and ensure the CIB’s Client Asset Oversight Officer (CAOO) and relevant Senior Management Functions (SMFs) are able to deliver on their regulatory responsibilities. The team also provides support to other teams within the wider organisation, including in particular, the CASS Breaches and CASS Accountability and Governance teams.

The Successful Candidate Will

Key Responsibilities

  • Assist in engagements with audit, compliance and regulators, including through the production of relevant documentation and adequate record keeping.
  • Assist with the coordination of the annual CASS Statutory audit, working with business areas to ensure all information is provided within the required timeframes
  • Assist with the CASS Resolution Pack testing on a bi-annual basis and ensure that this is conducted within required regulatory time frames and work with CASS Governance and Oversight Breaches team to ensure any potential CASS RP fails are recorded and assessed and remediated in Signavio
  • Assist with the identification and evaluation of the CASS applicability for the CASS Resolution Pack testing templates.
  • Work with the CASS Accountability and Governance teams to resolve any discrepancies identified as part of business area monthly attestation submissions. This will also involve validating on an ongoing basis the CASS applicability within CIB (e.g., reviewing changes in activities across CIB that have an impact on CASS compliance and reconciling them with the team’s record of CASS applicability for CIB).
  • Assist with identification and the evaluation of emerging CASS risks impacting the CASS Resolution Pack and work with CASS Special Projects, Training and Standards Regulatory Change team to ensure CASS RP Master documents are accurate.
  • Assist with the maintenance of team operating procedures and controls, ensuring adherence to relevant policies and standards.

Analysis and Insight

  • Apply data analysis methods to support insight, decision making and action and contribute to the provision of team reporting and h elp develop and implement performance metrics to support the reporting and escalation of information associated with the CASS Statutory audit and CASS RP.
  • Proactively identify potential risks and inter dependencies; and propose improvements, including through playing a critical role in technology enhancements and any associated implementation.

Key Skills And Experience

  • Good organisational skills, attention to detail and ability to manage and prioritise effectively
  • Ability to drive change, negotiate and influence key business partners and stakeholders
  • Proven track record in delivering key business initiatives
  • The ability to work innovatively, independently and deliver consistently to a high standard
  • Ability to communicate and collaborate effectively whilst balancing the needs of multiple stakeholder groups
  • A working understanding of the CASS rules and how they apply to CIB would be useful but is not essential
  • Knowledge of the various components of the CIB (e.g., how its various functions and businesses are organised) would be advantageous
  • An ability to identify potential efficiencies and leveraging technology to gain those efficiencies would be advantageous
  • Experience of working with new datasets and designing useful and effective reporting using those datasets – experience using Signavio, Alteryx and Tableau would be beneficial (training will be provided)

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.



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