Wealth Management (private Bank), Market Supervisory Manager, Vice President

Singapore, Singapore

Job Description


:

As part of the focus to align international functions, we are looking to hire a Vice President who will be based in Singapore to support the Wealth Management activities in Singapore.

Role Summary:

Within Wealth Management, the Market Supervisory Management\'s primary function is to (i) ensure a sustainable and disciplined end-to-end control environment for WM; (ii) identify and escalate issues with a sense of urgency; and (iii) partner with the business to ensure timely remediation of issues. Market Supervisory Management works in partnership with the business as the first line of defense, and assists in immediate, real time critical control issue detection and escalation.

As a Market Supervisory Manager, covering South East Asia market, you will be responsible for all aspects of investment supervision and risk review for your assigned markets; and work closely with the Market Leadership team, Risk Control, Compliance, Legal and within the Supervisory teams to ensure supervisory policy/procedure requirements are met and timely escalation and remediation of issues that arise in the markets.

Job responsibilities:

  • Escalate issues to senior management within all areas of the 1st, 2nd and 3rd lines of defense
  • Provide 1st level control and oversight of the investment business
  • Review and assess client trading activity and any potential suitability issues on a pre-execution basis
  • Review and approve all investment parameters and ensure ongoing adherence to the mandate
  • Independent review and assessment of client suitability profiles based on data collected from clients and the front office
  • Review and assess investment concentration issues in client accounts
  • Review English and Chinese materials provided to clients to ensure they are appropriate and aligned to the clients investment objectives and needs
  • React to, manage and handle potential client situations e.g. trading errors
  • Attend front office meetings to provide relevant feedback and stay apprised of their current priorities
  • Perform change management in respect of changes in policies / procedures / processes where these relate to investment activities e.g. implementation and training on enhanced suitability framework; new trading protocol; etc.
  • Audit coordination and liaison as required
  • Operational Risk reporting and investigation
Required qualifications, capabilities, and skills:
  • Candidates should have a minimum of 7 years experience with financial institutions in first line of defense oversight and control, supervisory risk and control or related functions
  • Bachelor\'s degree in business, finance, or related field
  • A self-motivated individual who is enthusiastic and has a keen interest in risk and control frameworks as well as the regulatory landscape
  • Excellent organizational skills and attention to detail, including the ability to manage multiple work-streams to tight deadlines and re-prioritise as required
  • Think like an owner with a business mind-set and able to deal with issues independently
  • A strong interest in and sound understanding of financial markets, products and wealth management is prerequisite for any potential candidate
  • Effective and proven experience gained within a financial institutions including monitoring experience
  • Effective communication and negotiation skills: the role will involve communicating with employees of varying levels, with diverse roles and different native languages
  • Fluency in English and Chinese due to the nature of the role to be able to review both English and Chinese materials for our APAC clients
About Us: 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 they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants\' and employees\' religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team: J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.\xe2\x80\x8b

JPMorgan Chase

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Job Detail

  • Job Id
    JD1362190
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned