JP Morgan Chase - Vice President - Third Party Risk Assessment (10-15 yrs)

Vice President, Third Party Risk Assessment

Description :

- Join the team that is driving the reporting submissions to comply with Third Party Risk regulations across many parts of the world

Job Summary :

- As a Vice President within the Corporate Third Party Oversight (CTPO) team, you will be responsible for developing, deploying, overseeing and ongoing reporting of a program that ensures the effective use of third parties and affiliates to accomplish JP Morgan Chase's strategic goals.

- The focus of the program is to ensure our third parties are performing to the same high standards that JP Morgan Chase holds itself accountable to including client service, quality, control, regulatory compliance, business resiliency and protection of information.

- CTPO Reporting Utility manages the Outsourcing or Third Party related Reporting across JPMC Legal Entities for entities based in different locations.

- The scope of this reporting mainly includes submissions to Regulators and occasionally to Auditors and internal Operational teams.

- Examples of reporting submissions to regulators include Outsourcing Register for PRA, MAS, APRA, ECB and CBI, and Register for Technology related Third Parties for European Supervisory Authorities under the new DORA regulation.

- This role is within the CTPO Reporting Utility, with responsibilities of leading and supporting in 3 areas : Data feeds, Regulatory Submissions and Data governance (data accuracy and integrity).

Job responsibilities:

- Lead a lean team in the overall delivery of automations of data feeds, manage submissions as projects, and support data governance layer, in line with the organization's priorities

- Lead the efforts in hiring, training and embedding new people into the wider CTPO framework, as the scope expands to support other entities

- Collaborate with the CTPO Reporting Utility members based in Europe and UK, with wider CTPO team members based across the globe and with the legal entity or location based Outsourcing governance teams during the design of the submission templates, data governance and submission process

- Gain deeper understanding about the various internal processes of collection and maintenance of data that feed into the Regulatory reports, and guide the team accordingly in the report designs and submissions

- As part of the automation of data feeds, review the business requirements, guide the team in testing the changes and managing the stakeholder communications for these changes

- Partner with various stakeholders to improve the framework (process and tech) for the delivery of Regulatory reporting across JPMC legal entities, by identifying and reducing manual touch points within the process of regulatory report submissions

- Ensure any risks, assumptions and dependencies are escalated, communicated and resolved promptly

Required qualifications, capabilities, and skills:

- Strong people management, leadership and communication skills (both verbal and written)

- Strong Business Analysis skills such as interpreting reporting requirements (from regulations), reviewing technical specifications for Technology teams, and leading UAT testing of systems and reports to specifications

- Strong Data literacy experience and Excel skills required to manipulate large data sets

- Ability to increase efficiency and continuously improve the processes to make them more robust and comprehensive

- Ability to form collaborative working relationships with business partners in LOBs

- Aptitude for risk management, compliance and oversight and control

- Ability to work under tight timelines and evolving requirements set by external organizations (e.g. regulators)

Preferred qualifications, capabilities, and skills:

- Experience in an investment banking regulatory, compliance or operational team

- Project management experience

- Prior experience of regulatory reporting or designing reporting solutions

- Experience with BI-tools such as Alteryx and/or Tableau

JP Morgan Chase, 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.

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.

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