Compliance – Operational Risk Management Lead – Vice President

Base Pay/Salary Jersey City,NJ $128,250.00-$193,000.00

Job Description

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 (VP), you will work in the Operational Risk Management (ORM) Risk Assessment Central Analytics Team within CCOR (Compliance, Conduct and Operational Risk) 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 a 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.

Job 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, remediations, 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.

Required qualifications, capabilities, and skills:

• 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.

Preferred qualifications, capabilities, and skills:

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

About Us

JPMorganChase, 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 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.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Read Full Description