Cib Olo

3 weeks ago


Bournemouth, United Kingdom JPMorgan Chase Bank, N.A. Full time

The Office of Legal Obligation (OLO) program is a firm-wide, global initiative that brings together the expertise of Legal, Lines of Business (LoBs), Control Management, Compliance, Risk and other key control functions, to (i) document JPMC's Obligations arising from material laws, rules and regulatory requirements and (ii) connect the Obligations to policies and procedures that support compliance with those laws, rules, and regulations. As the program is nearing completion, the business as usual operating model is being developed and this role is a key part of the operating model within EMEA.

The role is responsible for the completion of LRCM (Legal and Regulatory Change Management)-related BAU tasks for the EMEA regions, including determining the impact of Regulatory Event Notices (RENs) to the EMEA Operations, confirmation of operational readiness in cooperation with affected Operations teams, and process / document mapping of changed / new obligations.

This position provides considerable exposure to functional partners and the business. It will be aligned to global OLO colleagues covering Market Operations, Securities Services & NM, and Client Onboarding & Documentation, as well as line Operation teams. Key responsibilities include:
CIB LRCM process and business change
- Working with the Global lead for Operations (excl. Payments) to support the CIB LRCM process across the various EMEA jurisdictions.
- Assist in the review of RENs to assess impact to EMEA DPS (Digital and Platform Services) Operations and other activities as required within firm-wide and CIB LRCM framework, including weekly intake and triage process.
- Partner with EMEA Operations Regulatory Governance team, and work with line operation teams to ensure that process/procedural/system changes are implemented.
- Assist in the capture internal/business driven changes (e.g. process / procedure / CORE hierarchy, etc.) and feed through OLO pipeline for evergreening of obligation inventory.
- Assist in the identification of opportunities for leveraging OLO LRCM process to enhance efficiencies and governance of regulatory change management for EMEA Operations.

Evergreening existing obligations and document inventory; assessment of BAU new obligations
- Reviewing changed / new obligations and assessing applicability to DPS Operations in EMEA.
- Mapping of obligations to required supporting documentation within ELA, including identify the relevant CORE (Control and Operational Risk Evaluation). process(es) most closely aligned to the requirements of the obligations.
- Source and uplift EMEA Ops procedures and other OLO-eligible documents in alignment with Firmwide Procedure Standard and migration to CIB Procedure Portal (Corpora) contributing to buildout of LOB-wide procedure inventory.

Liaison for EMEA Operations OLO
- Work for the Global OLO Lead for Operations.
- Collaborate with OCM, Operations and key stakeholders to ensure a clear and well-coordinated program and consistent interpretation of applicable obligations.
- Subject matter expert on OLO process and tool related topics (Enterprise Library Application - ELA and Signavio)
- Respond and resolve items identified by QC, QA, and audit process.

**Qualifications/**
**Knowledge and Experience Required**:

- Relevant experience/knowledge of financial products is essential.
- Business knowledge with regulatory/compliance experience or knowledge of financial products highly desirable.
- Familiarity with multiple CIB businesses is an advantage specifically within the EMEA countries.
- Good business analysis skills to enable efficient, accurate and objective decision making.
- Ability to understand business processes and relate them to regulations.
- Ability to partner closely with related functions to ensure a coordinated and effective program.
- Ability to work in a collaborative environment.

**Behavioral Competencies**:

- Strong verbal and written communication skills.
- Results oriented; ability to effectively prioritize work and deliver against multiple objectives.
- Professional, self-motivated, and able to work in a fast-paced, results-driven environment with a proven track record of execution against deliverables.
- Excellent business judgement, particularly the ability to proactively monitor the work stream to identify issues early.
- Detail oriented, with a highly disciplined approach to process and quality control. Attention to detail is critical in this role.
- Good organizational and time management skills.

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 th



  • Bournemouth, United Kingdom JPMorgan Chase Bank, N.A. Full time

    The Office of Legal Obligation (OLO) program is a firm-wide, global initiative that brings together the expertise of Legal, Lines of Business, Control Management, Compliance, Risk and other key control functions, to document JPMC's Obligations arising from material laws, rules and regulatory requirements and connect the Obligations to policies and procedures...