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JPMorgan Chase & Co.
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656 JPMorgan Chase & Co. Jobs
Associate, Third Party Risk Assessment
5-9 years
₹ 5.35 - 40L/yr (AmbitionBox estimate)
This is an estimate of the average salary range for this
position. It has not been reviewed by the company, and
the actual salary may differ.
Bangalore / Bengaluru
1 vacancy
Associate, Third Party Risk Assessment
JPMorgan Chase & Co.
posted 15hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Firm-wide Supplier Oversight Services (SOS) is a centralized group that manages the Third Party Oversight Governance function across JPMC. This group provides consistent monitoring of all Third Party activities in order to ensure compliance to the Third Party Oversight (TPO) standards and Global Technology Standards. Within Firm-wide SOS, the Oversight Operations team is responsible for brokering all Onboarding and Steady State commercial actions (recertifications, extensions, amendments, and updates) on all engagements across all LOBs(Line of Business) and Regions following standard operating procedures within the JPMC TPO Policy framework.
Job Summary
As an Associate in the Third Party Risk Assessment team, you will be responsible to monitor all Third Party activities in order to ensure compliance to the Third Party Oversight (TPO) standards and Global Technology Standards
Job Responsibilities
- End to End engagement brokering for Onboarding commercial activities as per the TPO Program for acquired companys supplier engagements
- Ensure all TPO activities within the portfolio are delivered in a manner consistent with TPO policy and regulatory guidance across all risk engagements
- Acts as TPO Process and Tool SME 9Subject Matter Expert) for the business Delivery Managers and Portfolio Managers
- Support new DMs to understand the TPO Program and process
- Face off TPO to Delivery Managers, Executive Sponsors and Portfolio Managers from the Line of Business (LOB)
- Ensure SOS duties are delivered in an efficient, effective and sustainable way in line with internal SLA s(Service Level agreements), KPIs (Key Performance Indicators)/KRIs(Key Risk Indicators)
- Ensure all TPO activities within the portfolio are delivered in a manner consistent with business objectives, TPO policy and regulatory guidance
- Determine appropriate process for third party engagements (Out of Scope, Specialized Service Categories, COMPASS, etc.)
Required Qualifications, Skills Capabilities - Internal / External
- Minimum 5+ years relevant work experience in Operations, Oversight Control, Vendor Management, or related roles pertaining to knowledge of risk management and control principles with total work experience of 9+ years
- Effective time management and multitasking skills-ability to consistently achieve deadlines independently
- Broad understanding of regulatory compliance requirements, and experience in managing Internal Audit or Regulatory communications
- Strong organizational management skills, including expertise in issue and conflict resolution
- Ability to partner closely with related functions (Sourcing, Legal Compliance, Audit, etc.) to ensure a coordinated and effective program
- Knowledge of Software and Cloud products used in Banking Industry
- High level knowledge of TPO standards and experience with Corporate Sourcing and Standard TPO systems
Employment Type: Full Time, Permanent
Read full job descriptionJPMorgan Chase & Co. Interview Questions & Tips
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What people at JPMorgan Chase & Co. are saying
Rating based on 628 Associate
reviews
Anonymous · IT & Information Security
in Bangalore / Bengaluru
Likes
Working in JPMorgan has been a great experience. Starting from package increament work life balance is been very good
- Salary - Good
+5 more
Dislikes
Only issue is here the technology they use is very old and knowledge growth become stagnent after some period of time
Associate salary at JPMorgan Chase & Co.
reported by
10.1k
employees
with 1-17
years exp.
₹10.3
L/yr - ₹35.5
L/yr
219%
more
than the average Associate Salary in India
View more details
What JPMorgan Chase & Co. employees are saying about work life
based on 6k employees
Flexible timing
Monday to Friday
No travel
Day Shift
JPMorgan Chase & Co. Benefits
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Employee Programs Wellness Programs Health Care and Insurance Plans Family Care Retirement Savings Programs
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JPMorgan Chase & Co. Bangalore / Bengaluru Office Location
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501, 5th Floor, Prestige Centre Point, 7 Cunningham Road
Bengaluru
Karnataka 560056
Karnataka 560056
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