Job Description
The Transaction Control Manager role belongs to the Trade Transaction Control Management team, which is the last line of defense inside Operations. This role will give you exposure to be part of a team which will share alignment with all senior stakeholders in the Trade and Working Capital organization.
Job Summary
As Transaction Control Manager you will be part of the team that provides technical consulting to Trade & Working Capital Operations. You will be a “Change Champion” specifically in the Global Trade Finance Risk and Controls environment. You will interface with and influence internal partners supported by Global Trade Operations: Product, Compliance, Risk, Legal, and Audit.
Job Responsibilities
- Work directly with internal partners and external clients, primarily in an advisory capacity, investigate and provide decisions on transaction escalations daily due to a variety of risk drivers: Sanctions / Money Laundering / Boycott / Export Control / Fraud / complex terms, etc
- Follow the strong culture in the team that promotes & grows DE&I values
- Provide technical consulting to Trade Operations and internal partners regarding problem trade transactions and new business opportunities by making risk mitigating recommendations and formulating the business’ response/position.
- Identify, measure, control and monitor the Global Trade transaction risk for both internal business units and external corporate clients. Limit exposure due to risks such as those resulting from human errors, transaction processing failures and fraudulent activities.
- Interface with and influence internal partners supported by Global Trade Operations: Product, Compliance, Risk, Legal, and Audit.
- Be a “Change Champion” specifically in the Global Trade Finance Risk and Controls environment.
- Provide subject matter expertise and advise on trade transformation projects when required. (e.g., Digitization, Automation etc.)
Required Qualifications, Capabilities, And Skills
- Bachelor's degree or higher.
- Minimum 10 or more years of experience working in trade, risk, compliance, or audit areas.
- Expert knowledge of U.S. regulations such as BSA/AML, OFAC, Anti-Boycott, Export Controls, ICC Rules, particularly, UCPDC, ISBP, URC, ISP, URR, along with working knowledge of SWIFT rules for 400 and 700 series messages. etc.
- Extensive knowledge of trade products including but not limited to commercial (import & export) and standby letters of credit, documentary collections, bank to bank reimbursements, supply chain finance, trade loans, open account, etc.
- Ability to operate in a complex, high-pressure, highly regulated environment in support of high-risk processes.
- Detail oriented with excellent verbal and written communication skills.
- Demonstrate confidence in risk-based decision making with the ability to escalate timely to senior management. Individual must have the highest work ethics and integrity.
- Possess the ability to analyze processes, identify opportunities for improvement, and influence internal partners to implement changes.
- Possess the ability to work on multiple tasks/projects with competing deadlines. Enjoy a global team environment while being comfortable with working as an individual contributor.
Preferred Qualifications, Capabilities, And Skills
- CDCS certification is a plus.
- CAMS certification is a plus.
- Prior experience in trade product digitization or automation is a plus.
- The Firm does not currently have approval for Visa Sponsorship or Relocation assistance at this time
About Us
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
About The Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.
