JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available atwww.jpmorganchase.com
The Institutional Compliance Officer is accountable for supporting the Canadian in-country Compliance Program for JPMorganChase & Co (“JPMC”) with responsibilities focusing on the Corporate and Investment Bank lines of business as well as supporting JPMC’s Global AML Compliance Program in Canada to manage regulatory and compliance oversight for the multiple wholesale banking and broker-dealer activities.
This position will be based in Toronto, Canada and requires a senior level compliance professional with solid knowledge and regulatory experience to assist in building and supporting a strong regulatory control environment. The role provides regulatory advisory and compliance support to both Canadian business units and cross-border lines of business with activities in and into Canada, including in respect of AML regulations.
This Compliance Officer with knowledge and regulatory experience relating to domestic and authorized foreign banking, merchant services and broker-dealer activities in Canada. Demonstrates general regulatory compliance knowledge related to Canadian banking and securities laws, legislative requirements and application of privacy laws. The position requires superior organizational skills, the ability to multi-task and the ability to manage competing priorities in a timely manner.
Responsible for providing day-to-day compliance support for the business activities of JPMorgan entities operating in or into Canada including the Corporate & Investment Bank lines of business (including Treasury Services, Custody, Commercial Card), Commercial Banking, on both a domestic and cross-border basis, as well as the markets businesses of the Corporate & Investment Bank in Canada, and ensuring that the firm and its affiliates, both domestic and cross-border, comply with all applicable rules and regulations, as well as statutory and internal requirements.
Assist and support the Canada Chief Compliance Officer (CCO) in enhancing the Canadian governance program, specifically in the areas of banking and investment dealer compliance, risk assessments development and implementation, enhancements of the regulatory control environment, and Senior Management reporting and escalation
Administer Regulatory Compliance Management (RCM) annual assessment for each Canadian banking entity across all lines of business
Support Canada wholesale privacy officer, including coordinating privacy regulatory change management and participating in internal and external privacy forums
Liaise with Core Compliance Practices teams across multiple lines of business operating in Canada
Participate in various internal Compliance and Control forums and committees
Participate in appropriate domestic and regional Governance and Control Forums
Advise on regulatory compliance matters for new regulations, organizational developments, products and services
Administer the implementation of Canadian compliance policies, ensuring consistency across LOBs and contributing to North American and global policies requiring Canadian content
Assist in management of regulatory requests, audits, surveys, inquiries and reviews
Participate in industry working groups and forums
Liaise with regulators as required and during regulatory examinations
Highly motivated, independent, and experienced professional with solid banking regulatory compliance background and technical knowledge of applicable banking, securities and privacy laws and regulations
Familiarity with Legislative/Regulatory Compliance Management requirements and process.
Bachelors' degree, legal qualifications or comparable work experience required
A minimum of 5 or more years of relevant investment industry compliance or legal experience.
Must demonstrate excellent interpersonal, communication, resource management, organizational and decision-making skills
Based in Toronto, Canada