Head of Global Regulatory Affairs – Corporate Responsibility – Managing Director
JPMorgan Chase & Co. is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity.
The Corporate Responsibility (CR) department oversees the development and implementation of the firm’s CR agenda and initiatives by crafting goals, policies and initiatives that align with the firm’s business strategies and operational objectives and support communities where we do business. CR includes Global Government Relations, Global Philanthropy (GP), Sustainable Finance, and the JPMorgan Chase Institute.
JPMorgan Chase’s Global Government Relations (GR) team engages with policymakers around the globe and represents the firm before federal, state and local governments and regulatory agencies in the United States. GR focuses on legislative and regulatory issues impacting the firm, supporting business development with government clients and promoting the firm as a responsible corporate citizen, among other work.
Regulatory Affairs is housed within Global Government Relations.
JP Morgan Chase (JPMC) is currently seeking a Managing Director (MD) to serve as the Head of Global Regulatory Affairs, reporting to the Head of Global Government Relations and serving on the Global Government Relations senior team. The role is based in Washington, D.C. Global Regulatory Affairs is responsible for developing and implementing a comprehensive regulatory strategy on behalf of JPMorgan Chase. This includes engaging in balanced advocacy with regulators and policymakers, understanding and providing thought leadership on how policies affect the firm’s clients and economic growth overall, and governing internal coordination among regions and lines of business on global regulatory reform issues.
Regulatory Affairs’ enterprise-wide approach includes close partnership with Executive Management, Legal, Finance, Compliance, and Risk teams. Regulatory Affairs is fully engaged with lawmakers and regulators around the globe, and participates in dialogues as policies, laws and regulations are formed.
- Identify emerging regulatory policy issues from U.S. and global regulators and policymakers, create strategies to influence policy development, and advise internal partners in preparing for policy changes;
- Proactively identify and prioritize regulatory policy changes which would benefit the firm, its clients, and the economy, and create strategies to influence these policy changes;
- Coordinate development of regulatory policy positions across lines of business, and in coordination with other corporate partners;
- Coordinate development of regulatory policy positions globally to ensure consistency of firm views across the globe;
- Manage relationships with US Regulators and policymakers including at Treasury, Federal Reserve, FDIC, and the OCC, and prepare senior executives and firmwide partners for high-profile meetings;
- Manage relationships with global standard setters such as the Basel Committee on Banking Supervision, the Financial Stability Board and other international bodies;
- Oversee and execute effective communication of JPMC’s regulatory policy positions through a variety of channels (written responses, bilateral meetings with policymakers, trade associations, legislators, etc.);
- Coordinate closely with other Global Government Relations and Corporate Responsibility functions and lines of business to ensure issues, messaging and outreach align with the firm’s business goals;
- Represent JPMC in public forums, including conference participation, speeches, presentations, and discussions with the media.
- Occasional international and domestic travel required
Leadership and Management:
- Partner with senior management in Global Government Relations and other corporate and business partners to develop and implement firm-wide strategy for all aspects of regulatory policy.
- Provide senior management with advice and guidance on regulatory policy issues in strategic decision making and help to provide a global view of the regulatory and policy landscape.
- Partner with, educate, and influence executive leadership.
- Manage the global regulatory team, and provide leadership to aligned teams responsible for executing the regulatory policy agenda at JPMC. Expected to lead the respective teams in a positive and constructive manner, encouraging and motivating others and providing guidance where necessary.
- 15+ years of relevant policy and/or government experience in a senior leadership role, managing associated risks, policies and budgets.
- Extensive current knowledge and understanding of regulatory policy and affairs.
- Expert knowledge of the enhanced prudential standards for large U.S. bank holding companies including capital, liquidity, and risk management, and related areas of focus for regulatory policy such as sustainability, emerging technologies and resilience.
- Proven leadership and partnership skills with proven ability to effect change within a large matrixed organization.
- Excellent oral and written communication skills with experience representing an institution in public forums.
- Strong preference for regulatory agency, legal, government or trade association experience.
- Expert knowledge of bank/market regulations strongly preferred
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 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.
Equal Opportunity Employer/Disability/Veterans
About the Team
Job posted: 2021-02-16