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JPMorganChase

Operational Risk Network Oversight Associate

Job Posted 2 Days Ago Posted 2 Days Ago
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Hybrid
Mumbai, Maharashtra
Mid level
Hybrid
Mumbai, Maharashtra
Mid level
The Operational Risk Network Oversight Associate will oversee daily operations, ensuring data quality, preparing for audits, and managing the Reference data team. The role involves maintaining Standard Operating Procedures, ensuring data integrity through reconciliations, and managing regulatory investigations while fostering a culture of continuous improvement.
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Job Description
J.P. Morgan's Corporate & Investment Bank, a global leader in banking, markets, and securities services, is trusted by top corporations, governments, and institutions in over 100 countries. The Corporate & Investment Bank offers strategic advice, capital raising, risk management, and liquidity extension in global markets. Within the Corporate & Investment Bank Digital & Platform Services, the Network Management team manages relationships with local market participants and infrastructures for all J.P. Morgan's lines of business. This includes Financial Market Infrastructures and Agent Banks. The team, with over 200 members, is located worldwide to provide market and client coverage.
As an Operational Risk Network Oversight Specialist within the Corporate and Investment Banking (CIB) Digital & Platform Services organization, you will be tasked with overseeing day-to-day operations, ensuring the quality of data, preparing for audits, and managing the Reference data team. Your role will also involve promoting a culture of continuous improvement. You will be expected to build and maintain relationships with key Network Management Stakeholders and functional partners. This role offers the chance to work in a global leader in banking, markets, and securities services, and to contribute to managing the relationships with their network of local market participants and market infrastructures.
Job Responsibilities:

  • Manage BAU operations, including changes to party reference data, off-boardings, third-party agent documentation, data retention, and metric reporting.
  • Keep up to date with Standard Operating Procedures, control checklists, Task Managers, etc.
  • Act as an independent data guardian responsible for ensuring the quality and fitness for purpose of the Network Management data within the golden source MINT & Ariba for documents.
  • Ensure reconciliations/affirmations of data across various sources are performed accurately to check and maintain data integrity.
  • Always be audit-ready by partnering with the controls team to ensure controls and process disciplines are rigorously maintained and continually enhanced through metrics reporting, risk assessment testing, quality assurance, and root cause analysis.
  • Ensure SOPs and Procedures are always kept updated, and any changes are incorporated in a timely manner with appropriate approvals.
  • Manage regulatory investigations/testing, Audit/Compliance reviews, and control checks. Prepare data for various audit/ad hoc requests.
  • Manage the Reference data team and identify and further develop talented individuals within the team to ensure a deep pipeline of qualified and diverse candidates.


Required qualifications, skills and capabilities:

  • Experience in Third Party Oversight, control, regulatory management, with experience in party reference data, document management, KYC or a closely related operations leading strategic or transformational change.
  • Previous Network Management
  • Strong communication, interpersonal, and project management skills
  • Attention to detail combined with an ability to absorb information
  • Ability to complete work to deadlines, with a sense of both urgency and accuracy thorough effective time management including goal setting, planning, prioritizing, scheduling, and monitoring
  • Strong understanding of data & document management concepts, principles and practices
  • Team management experience is a pre-requisite for this role.


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
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Top Skills

Ariba
Mint

JPMorganChase Hyderabad, Telangana, IND Office

JP Morgan Tower, Salarpuria Sattva Knowledge City, HITEC City, Raidurgam, Hyderabad, Telangana, India, 500081

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