Data, Privacy & AI Compliance (Second Line of Defense) - Vice President (all genders)

Location: Frankfurt a. Main, Germany

Job Family: CCOR LOB/CF/Country Coverage

About the Role

At JP Morgan Chase, we are at the forefront of financial innovation, and our Corporate & Investment Bank (CIB) is seeking a Vice President in Data, Privacy & AI Compliance (Second Line of Defense) to join our Frankfurt team. This role is pivotal in safeguarding our data assets and AI initiatives while ensuring compliance with stringent EU regulations. As part of the CCOR Line of Business/CF/Country Coverage group, you will manage comprehensive risk programs encompassing data privacy, protection, use, storage, retention, and AI governance. Reporting to the EMEA Compliance leadership, you will play a key role in mitigating risks for our global banking operations, particularly in the dynamic Frankfurt hub, where we serve major European clients with cutting-edge financial solutions. In this position, you will act as a trusted advisor, conducting thorough second-line-of-defense reviews to identify and address compliance gaps in data handling and AI deployments. Your responsibilities will include leading data privacy impact assessments, evaluating AI models for bias and ethical risks, and ensuring alignment with regulations like GDPR and the EU AI Act. Collaborating with technology, legal, and business teams, you will drive the implementation of robust policies that protect sensitive financial data across our platforms, from transaction processing to algorithmic trading. This role demands a proactive approach to monitoring regulatory developments and integrating them into JP Morgan Chase's enterprise risk framework, ultimately supporting our commitment to ethical innovation in financial services. We value professionals who thrive in a collaborative, high-stakes environment and are passionate about the intersection of technology, privacy, and finance. Joining JP Morgan Chase means becoming part of a world-class institution that invests in your growth through extensive training, mentorship, and global opportunities. If you have a strong background in compliance within banking and a keen eye for data and AI risks, this Vice President role offers the chance to make a meaningful impact on our EMEA operations while advancing your career in one of the industry's most respected firms.

Key Responsibilities

• Develop, implement, and maintain compliance risk programs for data privacy, protection, use, storage, retention, and AI across JP Morgan Chase's Corporate & Investment Bank in EMEA
• Conduct second-line-of-defense reviews and assessments to identify, mitigate, and report on data and AI-related compliance risks
• Collaborate with first-line business units, technology teams, and third-party vendors to ensure adherence to GDPR, EU AI Act, and other relevant regulations
• Provide expert advice on data privacy impact assessments (DPIAs) and AI risk evaluations for new financial products and initiatives
• Monitor regulatory changes in data and AI landscapes, advising senior management on impacts to JP Morgan Chase's operations in Frankfurt and broader EMEA
• Lead training programs and awareness initiatives on data privacy and AI ethics for employees in the financial services division
• Support internal audits, regulatory examinations, and remediation efforts related to data compliance issues
• Analyze data flows and AI model deployments to ensure compliance with retention policies and secure storage practices in banking systems
• Contribute to the firm's enterprise-wide compliance framework, integrating data and AI risks into CCOR (Corporate Compliance and Operational Risk) methodologies
• Report compliance metrics and emerging risks to senior leadership, including the Frankfurt Country Coverage team

Required Qualifications

• Bachelor's degree in Law, Finance, Computer Science, or a related field; advanced degree (e.g., JD, LLM, or Master's in Data Privacy) preferred
• Minimum 7-10 years of experience in compliance, risk management, or regulatory affairs within the financial services industry
• Deep knowledge of EU data protection regulations including GDPR, ePrivacy Directive, and emerging AI regulations such as the EU AI Act
• Proven experience in second-line-of-defense functions, conducting compliance assessments, and managing data privacy programs in a banking environment
• Familiarity with financial sector-specific regulations like PSD2, DORA, and Basel III implications for data handling
• Strong understanding of data lifecycle management (collection, storage, retention, and disposal) in a global financial institution
• Ability to work in a fast-paced, international environment with cross-functional teams across EMEA

Preferred Qualifications

• Certification in data privacy (e.g., CIPP/E, CIPT) or AI ethics (e.g., from IAPP or similar bodies)
• Experience in AI governance, including risk assessments for machine learning models in financial services
• Prior role at a major financial institution like JP Morgan Chase, handling compliance for data-intensive projects
• Fluency in German and English; additional European languages advantageous
• Background in auditing or advisory services focused on technology and data risks

Required Skills

• Expertise in GDPR and EU AI Act compliance
• Data privacy risk assessment and management
• AI governance and ethical AI implementation
• Regulatory interpretation and advisory
• Cross-functional stakeholder collaboration
• Analytical thinking for compliance audits
• Project management in regulated environments
• Knowledge of financial data security standards
• Report writing and presentation skills
• Proficiency in data mapping and lifecycle tools
• Understanding of banking technology stacks
• Problem-solving in complex risk scenarios
• Attention to detail in documentation
• Adaptability to evolving regulations
• Strong communication, both verbal and written

Benefits

• Competitive base salary and performance-based annual bonus, aligned with JP Morgan Chase's total rewards philosophy
• Comprehensive health and wellness benefits, including medical, dental, and vision coverage for employees and dependents
• Generous retirement savings plan with company matching contributions to support long-term financial security
• Paid time off including vacation, sick leave, and parental leave policies tailored for work-life balance
• Professional development opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee stock purchase plan and other financial perks exclusive to JP Morgan Chase associates
• Hybrid work model with flexibility, plus wellness stipends and mental health support resources
• Global mobility programs and relocation assistance for roles in international hubs like Frankfurt

JP Morgan Chase is an equal opportunity employer.