Operational Risk & Controls- Vice President

You Will:

• Monitor compliance of policies and procedures relative to operational and regulatory risk exposure
• Evaluate and perform an end-to-end analysis of the program’s risk and control environment to
  • Assess the environment,
  • identify significant gaps and weaknesses in the control environment,
  • Build and implement the risk management strategies for the gaps & weaknesses identified
• Design and implement controls that are designed effectively and operate efficiently. 
  • Build a system of smart/ automated preventive controls to proactively manage risk.
  • Implement change management protocols that addresses change, program and Operational Risk
• Test and Monitor the Controls for Design and Operating Effectiveness.
• Build/ Establish Key Risk Indicator framework to ensure appropriateness of Metrics and KPIs 
• Perform reviews and deep dives into 
  • Emerging risk areas and 
  • Transitions and Migrations to provide holistic and meaningful solutions for risk mitigation & process improvement
  • Knowledge of migrations and the migration risk framework. Global stakeholder management is mandatory
• Development and document Control & Operational Risk Evaluation mapping through participation in end-to-end process walkthroughs and deep dives with program/project managers
• Drive in building a proactive Risk culture and conduct training and awareness around risk management and mitigation (transaction life cycle, risk reporting, SOX, etc.)
• Establish and reinforce control governance and reporting
• Review Key Risk Indicator framework to ensure appropriateness of Metrics and KPIs 
• Liaise effectively with stakeholders, internal and external auditors, 2LOD, controls and regulators & drive conversations related to issues

You Bring:

• Bachelor's Degree with a minimum 12+ years relevant Banking and Financial Services experience
• Risk Certifications such as ORM/ PRM/ APRM/ CIA/ CRISC/ CORM will be preferred
  Lean/ Six Sigma knowledge and experience will be an added advantage
  Experience in driving   risk based process improvement using (not exhaustive) is preferred:
• PARC techniques 
  FMEA
  Process Mapping incl. Value Stream Mapping
  RCA using (not exhaustive) 5 Why & Fishbone Analysis (and identification of critical Xs
  Basic QC tools (Scorecards, checklists, histograms/ time series etc.,)
  Qualitative & Quantitative Risk assessment tools
  Experience end to end risk management life cycle including:
• Knowledge of Risk Management Tools
  Designing and implementing controls across multiple teams and locations
  Performing risk assessments
  Issue management and Issue validation
  Building test scripts and scenarios for testing
  Risk Reporting and Dashboard
  Candidates with knowledge of loan systems like Loan IQ/ ACBS will be an added advantage
• Knowledge of investment banking products including Loans is preferred
• A curious mind that prefers to go deep to understand details 
• A positive attitude and team spirit with exceptional interpersonal and collaboration skills 

JPMorgan Chase & Co., 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.