21 days old

Corporate - Operational Risk Management – CIB Wholesale Payments - VP

JPMorgan Chase & Co.
Plano, TX 75074
  • Job Code
    190090943

Corporate - Operational Risk Management – CIB Wholesale Payments - VP

Req #: 190090943
Location: Plano, TX, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: US Dollar (USD)

JPMorgan Chase& Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.


The VP Operational Risk Manager will be part of the Corporate Investment Bank (CIB) Operational Risk Management Team, an independent "second line of defense” function, that is charged with proactively identifying potential operational risks and ensuring adequate controls are in place to guard against financial loss.  The Operational Risk Management Team is also responsible for assessing the effectiveness of the control environment through ongoing independent challenge and targeted reviews as well as other Compliance, Conduct & Operational Risk framework (CCOR) credible challenge activities. 

 

The role will support the CIB Wholesale Payments business which includes Treasury Service, Trade and Merchant Services.  Specifically, this role will provide Operational Risk Management support for Merchant Services Technology and WePay.  WePay is a Fintech acquired by Chase to make payments simpler for small businesses by making it possible to integrate payments into their existing, unique software.

 

Must execute the following objectives:

  • Manage CCOR objectives and requirements, as defined by Corporate Operational Risk

  • Foster lead relationships with Corporate Operational Risk, Risk Management, and Oversight & Control teams, as well as business owners

  • Act as a strategic advisor for all functional levels and consult with senior leadership; work with Oversight & Control partners on the assessment of operational risk, including fraud, legal, compliance, technology and financial risks

  • Monitor inherent risk profiles in the business and the control environments, and provide guidance on risk mitigation and process improvement activities

  • Provide oversight of Risk Control Self-Assessment (RCSA) activities and verify conformance to RCSA standards mandated by the ORMF

  • Identify unmitigated or partially mitigated business risks, which can result in material financial, operational, regulatory, or reputational risks for the firm

  • Assess the risk associated with new business initiatives and change management activities

  • Ensure a broad, data-driven monitoring program for key risk drivers, exposures, controls, or potential operational risk events across processes

 

 

 

 

 

  • Minimum of five (5) years’ experience in Risk Management, Audit, Compliance, Oversight & Control, Technology Control, Project Management, or other related discipline required

  • Bachelor’s degree in Business, Finance, Accounting, Organizational Management, Information Technology, Engineering, or related field; or equivalent work experience required

  • Extensive operational experience or knowledge in Financial Services industry required

  • Must possess strong analytical and problem solving skills to be used in operational evaluation and interpretation of compliance information

  • Able to follow complex methods, processes and procedures in diverse routine and non-routine tasks

  • Able to handle highly confidential information and material in a professional manner

  • Strong priority management and multi-tasking skills required

  • Able to operate in a matrixed environment; must be able to directly influence change, negotiate, and appropriately escalate

  • Strong communication, presentation, project management and leadership skills required

  • Highest level of professionalism, self-motivation and sense of urgency

  • Flexible and able to work in a fast-paced environment to effectively meet deadlines and work with minimal supervision

 


 

 


Keyword: consumer%20banking

Categories

Posted: 2019-09-30 Expires: 2019-10-30

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Corporate - Operational Risk Management – CIB Wholesale Payments - VP

JPMorgan Chase & Co.
Plano, TX 75074

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