Bring your expertise to JPMorgan Chase, where Risk Management and Compliance keeps the firm strong and resilient while enabling responsible growth. You’ll anticipate emerging risks and use your judgment to solve real-world challenges that impact our company, customers, and communities. Our culture is about thinking outside the box, challenging the status quo, and striving to be best-in-class. Investment Risk & Analytics (IR&A) provides independent risk oversight of wealth management businesses across the Private Bank and Wealth Management.
Investment Risk & Analytics (IR&A) performs independent risk oversight of wealth management businesses across the Private Bank and Wealth Management. As a Vice President focused on Insurance Risk, you will partner with senior business leaders and control functions to assess risks associated with insurance carriers, life insurance and annuity product offerings, sales practices, distribution activities, and related client outcomes. You will identify emerging risks, evaluate controls, and provide credible challenges and guidance to support a robust risk and control environment.
Job Responsibilities
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Provide independent risk oversight of insurance carrier relationships, insurance and annuity products, and related business activities.
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Lead risk assessments of new product launches, product enhancements, and business initiatives, providing effective challenge through governance and approval processes.
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Evaluate fiduciary and suitability risks related to product design, sales practices, client outcomes, and insurance carrier exposures, including financial strength and concentration risks.
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Conduct targeted reviews and thematic assessments to identify emerging risks, control gaps, and opportunities to strengthen the risk and control environment.
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Develop and present risk assessments, reporting, and recommendations to senior management and governance forums.
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Design innovative solutions for enhanced risk oversight leveraging AI toolkit.
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Partner with stakeholders including Insurance Solutions, Compliance, Legal, Audit, and Control Management to promote a strong risk and control environment and support strategic risk initiatives.
Required qualifications, skills and capabilities
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Bachelor's degree in Finance, Risk Management, Insurance, Business, or a related field;
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Experience in insurance risk management, insurance products, carrier oversight, compliance, audit, or related financial services discipline.
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Possess strong knowledge of life insurance, annuities, long-term care, and related insurance solutions.
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Understand insurance product governance, sales practices, suitability requirements, and distribution risk frameworks.
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Have experience evaluating insurance carriers, product risks, and emerging industry trends.
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Demonstrate strong analytical, communication, and stakeholder management skills, with the ability to provide independent challenge and influence senior leaders.
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Are comfortable working across business and control functions and managing multiple priorities in a dynamic environment.