Asset and Wealth Management - Regulatory Controls - Vice President

Location: Hong Kong

Job Family: Control Officers

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. In our Asset and Wealth Management division, we provide tailored solutions to high-net-worth individuals, institutions, and corporations, managing trillions in assets worldwide. As a Vice President in Regulatory Controls based in Hong Kong, you will play a pivotal role in safeguarding our operations by managing compliance and control processes. This position reports to the Head of Controls for Asia Pacific and involves close collaboration with global teams to ensure our wealth management activities align with stringent regulatory requirements in a dynamic financial landscape. Your primary focus will be on developing and overseeing robust control frameworks that mitigate risks associated with asset and wealth management activities. This includes conducting thorough risk assessments, monitoring adherence to Hong Kong Monetary Authority (HKMA) and Securities and Futures Commission (SFC) guidelines, and integrating international standards like those from the Basel Committee. You will lead initiatives to address emerging regulatory challenges, such as those related to sustainable finance and digital assets, while fostering a proactive compliance culture. Daily responsibilities encompass reviewing control testing outcomes, coordinating with audit functions, and driving remediation efforts to maintain JP Morgan Chase's reputation for integrity and excellence. This role demands a strategic thinker with a deep understanding of the financial services industry, particularly in Hong Kong's competitive market. You will partner with business leaders to embed controls into operational workflows, ensuring seamless support for client services without compromising on regulatory obligations. Opportunities for impact are vast, from influencing policy development to contributing to firm-wide compliance strategies. Joining JP Morgan Chase means becoming part of a supportive, high-performing team committed to your professional growth in one of the world's most vibrant financial hubs.

Key Responsibilities

• Oversee and manage compliance and control processes across JP Morgan Chase's Asset and Wealth Management division in Hong Kong
• Develop and implement regulatory control frameworks to ensure adherence to HKMA, SFC, and global standards
• Conduct risk assessments and gap analyses to identify and mitigate compliance vulnerabilities
• Collaborate with business units, legal, and risk teams to enhance control environments and reporting mechanisms
• Monitor regulatory changes and lead the adaptation of internal policies and procedures accordingly
• Facilitate internal audits, regulatory examinations, and remediation of findings
• Drive training programs on compliance matters for Asset and Wealth Management staff
• Prepare and submit regulatory reports, ensuring accuracy and timeliness
• Foster a culture of compliance awareness and ethical standards within the team
• Support strategic initiatives in wealth management by integrating robust control measures

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Law, or a related field
• Minimum of 7-10 years of experience in regulatory compliance, risk management, or control functions within financial services
• Deep knowledge of Hong Kong regulatory frameworks including HKMA, SFC, and relevant international standards such as Basel III
• Proven track record in managing compliance processes in asset management or wealth management environments
• Professional certifications such as FRM, CFA, or CAMS
• Strong understanding of anti-money laundering (AML), know-your-customer (KYC), and financial crime prevention regulations
• Experience with audit and regulatory reporting in a global banking context

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or related discipline
• Prior experience at a major financial institution like JP Morgan Chase or similar
• Familiarity with technology-driven compliance tools and automation in regulatory controls
• Leadership experience in cross-functional teams within Asset and Wealth Management
• Knowledge of ESG (Environmental, Social, Governance) regulatory requirements in wealth management

Required Skills

• Regulatory compliance expertise
• Risk assessment and management
• Knowledge of HKMA and SFC regulations
• Financial reporting and analysis
• Audit and control framework development
• Stakeholder collaboration and communication
• Project management
• Analytical and problem-solving abilities
• Attention to detail
• Leadership and team management
• Proficiency in Microsoft Office Suite and compliance software
• Understanding of AML/KYC processes
• Adaptability to regulatory changes
• Ethical decision-making
• Cross-cultural communication skills

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health and wellness benefits, including medical, dental, and vision coverage
• Retirement savings plan with generous company matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee stock purchase plan and other financial wellness perks
• Global mobility support for career advancement within JP Morgan Chase
• Wellness programs including gym memberships, mental health resources, and flexible working arrangements

JP Morgan Chase is an equal opportunity employer.