Compliance Officer Private Bank Italy - Vp

Compliance Officer Private Bank Italy - VP

Company Overview

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations in over 60 countries. The firm specializes in investment banking, financial services for consumers, small businesses, and commercial banking, as well as financial transaction processing and asset management.

J.P. Morgan Private Bank in Italy

J.P. Morgan operates its Private Banking (PB) business in Italy through a branch of J.P. Morgan SE, catering to the Ultra High Net Worth segment with investment advice, portfolio management, and credit facilities.

Job Responsibilities

• Assist the Italian PB business team in managing compliance risks and safeguarding the firm's reputation.
• Support adherence to the CCOR framework within the PB line of business.
• Develop and implement compliance plans aligned with the Global CCOR framework in collaboration with the Italy PB team.
• Coordinate with the Regional Compliance team to ensure best practices in compliance procedures and controls.
• Participate as part of the EEA Country Compliance team.
• Conduct regulatory impact analyses for new products, processes, and policies, and assist in their design and implementation.
• Provide compliance-related training as needed.
• Contribute to the Global Compliance Monitoring & Testing Program.
• Monitor the effectiveness of the regulatory control environment.
• Engage with senior management on compliance issues and complex regulatory matters.
• Identify concerns and control issues, analyze root causes, and facilitate corrective actions.
• Support regulatory relationships and manage exams with authorities.
• Implement firm-wide and local policies, including the code of conduct.
• Prepare and oversee management and governance reports.
• Coordinate consultations and industry discussions on new regulations.

Minimum Qualifications

• MBA or Bachelor's degree; professional certification preferred.
• At least 5 years of compliance experience, preferably in private banking or large banking organizations, with strong knowledge of EMEA private banking regulations such as MiFID II, UCITS V, AIFMD, IDD, MAR, AMLD5, and GDPR.
• Ability to summarize complex topics and drive practical outcomes.
• Understanding of corporate governance, risk management, and compliance principles.
• Extensive experience working with Italian regulators.
• Proficiency in implementing compliance policies and procedures.
• Excellent communication skills in Italian and English.
• Strong organizational skills to manage multiple projects under pressure.
• Sound judgment and decision-making abilities.
• Ability to work independently and collaboratively.
• Interpersonal, communication, and negotiation skills at all organizational levels.

J.P. Morgan is committed to diversity and inclusion and is an equal opportunity employer. We value the diverse talents of our global workforce and do not discriminate based on protected attributes.

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