Associate/Vice President - Global Wholesale Payments - CIB Operational Risk Management Req 190079120 Location Bangalore East, KA, IN Job Category Compliance CIB Operational Risk Management, Global Wholesale Payments, Assoc/VP (Bengaluru)- Description JP Morgan Chase 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/ . Our Firmwide Risk Function Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals brings and embracing an inclusive environment. Responsibilities The CIB Operational Risk Management (ORM) team is responsible for independently, holistically, and proactively identifying, assessing and managing operational risks across CIB, including the Corporate Service Centers. The Operational Risk Manager in this position will be based in Bengaluru, and will have the following responsibilities overseeing operational risks across a range of products in the Corporate Service Centers supporting Global Wholesale Payments Ensure that the JPMorgan Operational Risk Framework is in place and operating effectively within the Corporate Service Centers. Act as point of expertise for Operational risk, advising business partners and other functional groups, on emerging and key risk trends, risk events and issues, Key Risk Indicators and other metrics, risk identification, risk appetite, tolerance and governance. To conduct regular Targeted Risk Assessments and Significant Event Reviews identifying key risks and mitigation measures. Participate / drive key firm wide risk initiatives. Develop, maintain, and review Operational Risk Policies, Standards and Procedures, monitoring implementation and on-going compliance. In crisis scenarios, independently assess operational resiliency processes (e.g. playbooks), highlight risk scenarios / recommend solutions and proactively manage risks resulting from existing or potential events. Provide independent operational risk oversight in key governance forums within the Corporate Service Centers, including Business Control Forums and Committees. Provide Operational Risk Management oversight and independent challenge of changes to core processes that result from industry regulatory and/or business decisions and strategic initiatives. Conduct reviews on new operational capabilities and new proposals (or changes). Timely execution of the APAC Second Line of Defense Monitoring and Testing Program in line with the firms expectation. Qualifications Qualifications Approximately 8 years of relevant experience in risk management, audit, or similar control-related experience. Strategic thinker with strong analytical and project management skills. Strong influencing skills and ability to drive change. Excellent written and verbal communication and presentation skills. Ability to understand risks and their drivers and to form, articulate and explain views. Ability to multi task, prioritize and deal with multiple tasks in a fast paced and evolving environment. Confidence and ability to make balanced decisions and effectively represent JPM. Experience in interacting with global partners and senior management across businesses and geographies. Proactive and self-motivated with the ability to act independently. Ability to lead and direct compliance with the Operational Risk Management agenda. Detailed knowledge of Global Wholesale Payments will be an advantage. Relevant industry qualification and/or University Degree is preferred.