Wholesale Lending Control Manager – Associate

Location: LONDON, LONDON, United Kingdom

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. As a Wholesale Lending Control Manager – Associate in our London office, you will join the first line of defense within the Wholesale Lending Services organization. This role is pivotal in safeguarding our lending operations against operational risks, ensuring adherence to stringent regulatory standards, and supporting the delivery of high-quality financial solutions to corporate and institutional clients. You will work closely with cross-functional teams to embed effective controls into our wholesale lending activities, including syndicated loans, trade finance, and structured financing, contributing to the firm's reputation for integrity and excellence in the financial services industry. In this associate-level position, your primary focus will be on developing, implementing, and monitoring control frameworks tailored to the complexities of wholesale lending. You will perform risk assessments, test control effectiveness, and analyze key metrics to identify potential vulnerabilities in lending processes. Collaborating with business leaders, compliance officers, and technology teams, you will drive remediation efforts and enhance governance practices. This role demands a proactive approach to staying ahead of evolving regulations such as those from the FCA and PRA, while leveraging JP Morgan's advanced risk management tools to protect our global portfolio. We value professionals who thrive in dynamic environments and are passionate about mitigating risks in a fast-paced banking landscape. As part of JP Morgan Chase's commitment to diversity and inclusion, this position offers opportunities for career growth, exposure to senior leadership, and involvement in high-impact projects that shape the future of wholesale lending. If you have a strong foundation in financial controls and a drive to make a meaningful difference, join us in London to help power the progress of our clients and communities worldwide.

Key Responsibilities

• Develop and maintain a robust control framework for Wholesale Lending Services to ensure compliance with internal policies and external regulations
• Conduct regular risk assessments and control testing on lending processes, identifying gaps and recommending remediation actions
• Collaborate with business leaders in Wholesale Lending to embed risk management practices into daily operations
• Monitor key risk indicators (KRIs) and control metrics, producing detailed reports for senior management and regulatory bodies
• Lead investigations into control breaches or incidents, implementing corrective measures to prevent recurrence
• Support the integration of new lending products or technologies while ensuring control adequacy
• Facilitate training programs on control management for team members in the first line of defense
• Engage with second and third lines of defense (e.g., Compliance and Internal Audit) to align on risk priorities
• Contribute to the enhancement of governance processes within JP Morgan Chase's Wholesale Lending division

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field
• Minimum of 3-5 years of experience in control management, risk assessment, or compliance within financial services, preferably in lending or wholesale banking
• Strong understanding of regulatory requirements such as Basel III, Dodd-Frank, and UK PRA rules applicable to wholesale lending
• Proven track record in identifying and mitigating operational risks in a banking environment
• Experience with control frameworks, including testing, monitoring, and reporting on control effectiveness
• Ability to analyze complex financial data and lending portfolios for risk exposure
• Professional certification such as CRISC, CISA, or equivalent in risk and control management

Preferred Qualifications

• Advanced degree (MBA or Master's) in Finance or Risk Management
• Prior experience at a major financial institution like JP Morgan Chase in wholesale lending operations
• Knowledge of lending products including syndicated loans, trade finance, and asset-based lending
• Familiarity with data analytics tools for risk modeling in financial services
• Experience leading cross-functional teams in control enhancement projects

Required Skills

• Risk assessment and control testing
• Regulatory compliance knowledge (e.g., FCA, PRA)
• Financial analysis and lending portfolio management
• Data analytics and reporting (Excel, Tableau, SQL)
• Project management and process improvement
• Stakeholder communication and influence
• Problem-solving and critical thinking
• Attention to detail and accuracy
• Team collaboration and leadership
• Adaptability to changing regulatory environments
• Knowledge of banking systems (e.g., Loan IQ)
• Ethical decision-making in high-pressure settings
• Report writing and presentation skills
• Fraud detection and operational resilience

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance 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 benefits
• Flexible work arrangements, including hybrid options in London
• Access to global mobility programs and career advancement within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.