Operational Risk Management Lead (all genders)

Posted 4 Days Ago
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Berlin
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Operational Risk Management Lead will oversee risk management practices for Chase Products and Functions by assessing risks, documenting outcomes, conducting deep-dive reviews, and engaging with stakeholders. Responsibilities include executing monitoring activities, reviewing operational risk events, and presenting operational risk outcomes. Candidates should have experience in Risk, Compliance, or Audit, excellent analytical skills, and strong communication abilities.
Summary Generated by Built In

Job Description
Excited by the opportunity to build innovative digital retail banking products and services in a start-up environment, backed by one of the leading financial service providers worldwide?
Join us at JPMorgan & Chase Co. at our newest European hub for Chase bank, located in the heart of Berlin.
In this exciting chapter of continued growth and expansion for Chase, we are looking for a passionate Operational Risk Manager to join our second line of deference function.
As an Operational Risk Management Lead within our Risk Management department you will be responsible for the independent oversight and challenge of risk management practices for select Chase Products and Functions (e.g. Operations). You will be part of a diverse and dynamic team of risk professionals who are at the heart of building Chase in Europe, proactively engaging with business stakeholders and promoting a strong operational risk management culture.
Job Responsibilities

  • Represent Operational Risk in business working groups, assessing the risk impact of new business initiatives and change management, influencing risk-based decisions, challenging the proposed control environment, and recommending approval (or not) of the initiative
  • Conduct deep-dive reviews of areas of emerging risk to identify issues for the business to remediate, documenting outcomes and sharing results with stakeholders
  • Plan and execute targeted monitoring activities leveraging data analytics to identify negative trends and potential control gaps, and oversee the execution of combined Operational Risk and Compliance testing activities
  • Review operational risk events to assess and challenge root cause analysis, recurrent themes and remediation, and drive value-added changes
  • Engage with global and regional horizontal risk programs (e.g., Business Resiliency, Third-Party Outsourcing) to ensure that business practices remain in line with firmwide guidance
  • Support the execution of legal entity governance (e.g. operational risk appetite, material risk identification) and engagement in regulatory deliverables (e.g. ECB, BaFin, OCC)
  • Prepare and present materials for regional and global forums to promote business awareness of the outcomes of Operational Risk activities


Required qualifications, capabilities, and skills

  • Extensive knowledge of operational risks associated with Retail Banking products and operations, obtained in functions such as Risk, Compliance, Audit and/or Control Management
  • Ability to multi-task, prioritize and thrive in a fast-paced and evolving environment
  • Self-motivated, driven and inquisitive
  • Excellent interpersonal and influencing skills with the ability to establish credibility and strong partnerships with senior business stakeholders
  • Excellent written and verbal communication and presentation skills
  • Strong analytical skills, including data analytics, and proven ability to identify potential control issues and process improvements


Preferred qualifications, capabilities, and skills

  • Digital products experience and relevant regulatory knowledge


#ICBCareer
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.

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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