Legal Entity Booking Model Governance - Vice President

Location: LONDON, United Kingdom

Job Family: Control Officers

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. We operate in over 60 countries, providing innovative solutions to clients across corporate, investment, and consumer banking sectors. In our Corporate & Investment Bank (CIB) division, we are committed to fostering a culture of excellence, integrity, and innovation. We are seeking a Vice President to join the CIB Finance Governance team in London, focusing on Legal Entity Booking Model Governance. This role is pivotal in ensuring robust controls and compliance across our global booking structures, supporting the firm's risk management and regulatory adherence objectives. As a Vice President in this position, you will play a key role in the cross-LOB Product Control Governance team, collaborating with finance, product control, and front-office stakeholders to govern booking models for legal entities. Your responsibilities will include developing governance policies, conducting risk assessments, and ensuring alignment with regulations such as Basel III and EMIR. You will review proposed booking changes, identify control enhancements, and provide expert guidance on entity-level implications for trading and investment activities. This role demands a deep understanding of financial products and the ability to navigate complex regulatory landscapes in a dynamic banking environment. The ideal candidate thrives in a collaborative, high-pressure setting and brings extensive experience in finance governance within a top-tier bank. At JPMorgan Chase, you will have access to cutting-edge resources, professional growth opportunities, and a supportive culture that values diversity and inclusion. This position offers the chance to contribute to strategic initiatives that safeguard the firm's operations while advancing your career in global finance.

Key Responsibilities

• Support the cross-LOB Product Control Governance team in overseeing and governing legal entity booking models across JP Morgan Chase's Corporate & Investment Bank (CIB)
• Develop and implement governance frameworks to ensure compliance with internal policies and external regulations on booking structures
• Collaborate with product control, finance, and front-office teams to review and approve booking model changes and new product initiatives
• Conduct assessments and testing of booking models to identify risks, inconsistencies, and control gaps
• Provide advisory support on legal entity implications for trading activities, derivatives, and capital markets products
• Monitor regulatory developments and ensure booking models align with evolving requirements like those from the FCA or PRA
• Facilitate governance forums, prepare reporting materials, and escalate issues to senior management
• Drive process improvements in booking model documentation and controls to enhance efficiency and risk mitigation
• Support audit and regulatory interactions by providing documentation and insights on governance practices
• Mentor junior team members and contribute to training programs on booking model governance

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business, or a related field; advanced degree (MBA or Master's) preferred
• Minimum of 7-10 years of experience in finance governance, product control, or legal entity management within a major financial institution
• Strong understanding of regulatory requirements such as Basel III, Dodd-Frank, and EMIR, particularly related to booking models and entity structures
• Proven track record in cross-functional collaboration across Lines of Business (LOBs) in a global banking environment
• Experience with financial reporting, risk management, and compliance in investment banking or corporate investment banking (CIB)
• Ability to analyze complex financial structures and booking models for governance and control purposes
• Professional certifications such as CPA, CFA, or FRM are highly desirable

Preferred Qualifications

• Experience working at a Tier 1 investment bank like JP Morgan Chase, with exposure to CIB Finance teams
• Knowledge of JP Morgan's internal governance frameworks and booking model policies
• Prior involvement in regulatory audits or examinations related to legal entity reporting
• Familiarity with data analytics tools for financial governance and control testing
• International experience, particularly in European regulatory environments

Required Skills

• Expertise in financial accounting principles (IFRS, US GAAP)
• Proficiency in regulatory compliance and risk assessment
• Strong analytical and problem-solving abilities
• Excellent communication and stakeholder management skills
• Knowledge of booking models and legal entity structures in banking
• Experience with data analysis tools like Excel, SQL, or Tableau
• Project management and process improvement expertise
• Attention to detail and ability to handle complex financial data
• Leadership and team collaboration skills
• Adaptability to fast-paced, high-stakes environments
• Understanding of derivatives, trading products, and capital markets
• Regulatory reporting and audit experience
• Strategic thinking for governance framework development
• Interpersonal skills for cross-functional partnerships
• Technical proficiency in financial modeling software

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance coverage
• Generous 401(k) matching and pension plan 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 financial wellness resources
• On-site fitness centers, wellness programs, and mental health support
• Global mobility opportunities and relocation assistance for international roles

JP Morgan Chase is an equal opportunity employer.