What are the responsibilities and job description for the Compliance & Operational Risk Assessment Senior Associate position at JPMorgan Chase?
Are you a strategic thinker with detailed knowledge and understanding of Operational and Compliance risk in the Commercial and Investment Banking sector. Are you looking for your next opportunity within the controls organization of the Commercial & Investment Bank (CIB)? We are looking for someone like you.
As a Compliance & Operational Risk Assessment Senior Associate in the Operational Risk Framework team, you will support the management and implementation of the Compliance & Operational Risk Assessment Framework across the Commercial & Investment Bank (CIB), including but not limited to Compliance & Operational Risk Evaluation (CORE), Risk Events Data (RED), Compliance & Operational Risk Summary (CORS) and Compliance Risk Assessment (CRA). If you are intellectually curious, analytical in nature, and have a passion for driving solutions, you could be the perfect fit for our team.
Job responsibilities
- Support execution of the global and CIB CRA Program including the framework and documentation reviews across the CIB
- Contribute to a team that is accountable for the delivery and reporting of the CRAs to the respective CIB governance committees
- Manage & execute quarterly CRA and CORS, in partnership with CIB stakeholders and Firmwide assessment leads
- Oversee of project and govern the ongoing implementation of Compliance and Operational Risk Assessments across the CIB
- Manage specific Operational Risk Framework deliverables / workstreams to completion
- Create and manage project plans, scorecards, RAID logs amongst other project related artifacts
- Lead meetings with key stakeholders to drive forward the CIB Risk Stripe Lead Community of Practice to enhance existing approaches
- Lead and own the review of Firmwide Standard / Procedure gap analysis in relation to the CORS, QORA and CRA, including providing effective challenge to second line of defense and corporate
- Manage and co-ordinate Audit / Compliance / regulatory exams impacting the Compliance and Operational Risk Assessments, working with key stakeholders across the firm to complete request for information
- Support in the creation of executive presentation materials in addition to capturing actions and tracking to closure
- Implement tooling and intelligent solutions to streamline processes and enable increased analytics
Required qualifications, capabilities, and skills
- Analytical Skills: Ability to analyze complex data sets and identify trends, patterns, and potential risks.
- Attention to Detail: Meticulous attention to detail to ensure accuracy in risk assessments and compliance documentation.
- Compliance and Operational Risk Management Knowledge: Understanding of risk management principles and practices, particularly in operational and compliance contexts.
- Regulatory Knowledge: Familiarity with relevant financial regulations and compliance requirements.
- Problem-Solving Skills: Strong problem-solving abilities to develop effective risk mitigation strategies.
- Communication Skills: Excellent written and verbal communication skills to convey complex information clearly and concisely.
- Technical Proficiency: Proficiency in using risk assessment tools and software, as well as Microsoft Office Suite (Excel, Word, PowerPoint).
- Critical Thinking: Ability to think critically and make informed decisions based on data analysis.
- Project Management: Experience in managing projects and meeting deadlines in a fast-paced environment.
- Collaboration: Strong interpersonal skills and ability to work effectively in a team-oriented environment.
- Adaptability: Flexibility to adapt to changing regulatory landscapes and organizational needs.
