Compliance - Operational Risk Management Lead - Vice President

JPMorgan Chase & Co. • Jersey City, NJ

6h

About The Position

Bring your expertise to JPMorgan Chase. As part of Risk Management and
Compliance, you are at the center of keeping JPMorgan Chase strong and
resilient. You help the firm grow its business in a responsible way by
anticipating new and emerging risks, and using your expert judgement to solve
real-world challenges that impact our company, customers, and communities. Our
culture in Risk Management and Compliance is all about thinking outside the box,
challenging the status quo and striving to be best-in-class.

As a Risk Assessment Central Analytics Vice President, you will work in the
Operational Risk Management (ORM) Risk Assessment Central Analytics Team within
Compliance, Conduct and Operational Risk (CCOR) as part of the Second Line of
Defense (2LOD). You will perform data analytics for various operational risk
assessments across the firm, including ratings and written narratives to
evaluate and challenge the sufficiency of the First Line of Defense (1LOD) Risk
Assessments, as well as drive and lead various programmatic initiatives. You are
expected to promote a strong risk culture by developing a solid subject matter
expertise on operational risk within the firm’s lines of business (LOBs) and
Legal Entities (LEs) to carry forward thought leadership and approach on
operational risk assessments for the firm. You will be part of the ORM Central
Analytics Team that works within a highly visible, heavily deadline-driven
environment.  Success in the role will require you to have a meticulous, strong,
independent curiosity yielding productive research, ability to integrate
disjointed information, and a propensity to think holistically.  

Requirements

• Bachelor's Degree, required.
• 10+ years’ experience in operational risk management within Compliance, Audit, or Controls with a concentration on financial services, business administration or finance.
• Excellent, professional oral and written communication skills 
• Very strong data mining and advanced analytics skills required utilizing MS Office Suite, i.e. Excel (advanced formulas, VBA), Large Language Models (AI) and advanced PowerPoint skills.
• Analyze data effectively, distill insights / themes into easily understandable terms.
• Possess a sense of urgency, proactive, intellectual curiosity, resourcefulness, excellent analytical, problem-solving skills, and follow-through.
• A self-starter who adapts to a fast paced and results driven environment and who is committed to put in the necessary time to meet deliverables.

Nice To Haves

• Master’s degree in finance.
• Experience in Operational Risk and/or other Risk Management is a plus.
• Experience in Tableau, Alteryx is preferred.

Responsibilities

• Perform Risk Analytics and Assessments: Conduct detailed analytics centered on operational risks metrics, (such as risk impact and effectiveness of controls) along with other quantitative and qualitative data points to assess the firm’s/LOB’s/LE’s current state of operational risk.
• Liaise with Subject Matter Experts: Engage with all levels of CCOR contacts for key information such as current events, issues, operational losses, and watch items that could materially affect a specific risk assessment. Present CCOR’s effective challenges of 1LOD’s assessment ratings or commentary.
• Prepare executive risk assessment summaries for Executive Leadership and Board consumption that are factually substantiated, highlighting operational and compliance key risks, events, issues, remediation, Key Risk Indicators and Key Performance Indicators (KRIs / KPIs), trends, and watch areas that deliver a clear, easy to understand conclusion on risk.
• Assist in consolidating risk assessment presentation, recommended effective challenges, and supporting key documentation for CCOR Executive Risk Owner’s review and feedback.
• Engage in ORM Central Analytics Team Projects: Engage on project related work necessary to take the risk assessment program to the next level. Work closely with leadership and team members to accomplish project milestones by conducting user acceptance testing, AI prompting, research, and/or analytics to contribute to various strategic priorities.

Benefits

• We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level