Associate, Third Party Risk Assessment

Posted 14 Hours Ago
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Bengaluru, Karnataka
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As an Associate in Third Party Risk Assessment, you will manage onboarding and operational activities for third-party engagements, ensuring compliance with TPO policy and regulatory guidance. You will serve as a subject matter expert, support delivery managers, and align TPO activities with business objectives.
Summary Generated by Built In

Job Description
Firm-wide Supplier Oversight Services (SOS) is a centralized group that manages the Third Party Oversight & Governance function across JPMC. This group provides consistent monitoring of all Third Party activities in order to ensure compliance to the Third Party Oversight (TPO) standards and Global Technology Standards.
Job Summary
As an Associate within the Third Party Oversight & Governance team, you will be responsible for brokering all Onboarding and Steady State commercial actions (recertification's, extensions, amendments, and updates) on all engagements across all LOBs(Line of Business) and Regions following standard operating procedures within the JPMC TPO Policy framework.
Job Responsibilities

  • End to End engagement brokering for Onboarding commercial activities as per the TPO Program for acquired company's supplier engagements
  • Ensure all TPO activities within the portfolio are delivered in a manner consistent with TPO policy and regulatory guidance across all risk engagements
  • Acts as TPO Process and Tool SME 9Subject Matter Expert) for the business Delivery Managers and Portfolio Manager
  • Support new DMs to understand the TPO Program and process
  • Face off TPO to Delivery Managers, Executive Sponsors and Portfolio Managers from the Line of Business (LOB)
  • Ensure SOS duties are delivered in an efficient, effective and sustainable way in line with internal SLA's(Service Level agreements), KPIs (Key Performance Indicators)/KRIs(Key Risk Indicators)
  • Ensure all TPO activities within the portfolio are delivered in a manner consistent with business objectives, TPO policy and regulatory guidance
  • Determine appropriate process for third party engagements (Out of Scope, Specialized Service Categories, COMPASS, etc.)


Required qualifications, capabilities and skills

  • 5+ years relevant work experience in Operations, Oversight & Control, Vendor Management, or related roles pertaining to knowledge of risk management and control principles with total work experience of 9+ years
  • The role requires extensive interaction with internal customers. Outstanding listening and negotiation skills as well as being a strong written and verbal communicator at the senior management level with effective collaboration skills
  • Effective time management and multitasking skills-ability to consistently achieve deadlines independently
  • Broad understanding of regulatory compliance requirements, and experience in managing Internal Audit or Regulatory communications
  • Strong organizational management skills, including expertise in issue and conflict resolution


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 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.
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.
Global Supplier Services (GSS) manages the source-to-pay cycle, engaging with suppliers, negotiating contracts, conducting risk assessments and evaluating the customer experience. Global teams support sourcing, third party oversight, procurement and payment operations, supplier relationship management and customer experience.

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, 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.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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