JPMorgan Chase CCB Oversight & Control - Reporting Senior Analyst, Associate in Wilmington, Delaware
CCB Oversight & Control - Reporting Senior Analyst, Associate
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.
The Oversight and Control Group’s primary function is to solidify an effective Firmwide control framework, looking within and across the lines of business, to identify and remediate control issues with a sense of urgency regardless of the source. The Team will partner with all other control disciplines, adding an additional line of defense supporting Compliance, Risk and Audit, among others. The Team will work in partnership on the development of new, and oversight of existing, control functions and protocols throughout the Firm and will provide a centralized view of and from all control functions, assisting in immediate, real time problem detection and escalation. This process will enable the firm to engage the appropriate teams in a timely manner, and provide the ability to quickly remediate critical control issues across all the impacted areas of the firm. While ultimate responsibility for the effectiveness of the control environment rests with the LOB CEO’s and the Corporate Function Heads, the Oversight & Control Team will partner closely with business partners, Risk, Legal, Compliance, Audit, Finance, and ITRM functions. Candidates can expect to work with cross-firm Corporate and LOB Operations Risk Management areas on the development and enhancement of an effective Control organization.
This position will report to Oversight & Control managers working with Line of Business Control Teams, Business Owners, and Operational Risk Managers within the Consumer and Community Bank (CCB) to ensure a broad and proactive data-driven Key Risk Indicator program to monitor for operational risks, exposures, or control breaks. The candidate would be aligned to focus on a subset of business lines and/or functional areas across Consumer Bank, Business Bank, Card Services, Merchant Services, Auto Finance, Student Lending, and Mortgage. They would support efforts to redesign and integrate KRIs into the RCSA framework, calibrate metrics across similar areas, provide analysis to establish effective pre-defined thresholds to evaluate metrics against, and mitigate risks through early detection monitoring and escalation to LOB Risk & Control Committees, or other business control forums.
Support KRI Program efforts for a subset of LOBs and/or functional areas across CCB
Support KRI Reporting Managers to work with Line of Business Control Teams, Business Owners, and Operational Risk Managers for those areas of focus
Evaluate significant inherent risks identified in business RCSAs and process maps
Review existing business reporting and evaluate other data sources to develop effective metrics to monitor for identified operational risks, consulting with Business Owners and Control Officers for their functional expertise
Provide analysis to establish effective pre-defined thresholds to evaluate metrics against
Coordinate across LOBs or functional areas to drive consistency in metrics and thresholds for like processes or risks
Mitigate risks through early detection monitoring and escalation to LOB Risk & Control Committees, or other business control forums
Participate in reporting review meetings and KRI development working sessions
Evaluate KRI change requests
BA/BS in a quantitative related field, MBA/Advanced Degree a plus
3-4 years of Financial Service Industry experience in a quantitative, reporting, risk management, or operational control related role
Specific consumer banking experience preferred
Prior experience with operational risk Key Risk Indicator reporting preferred
Experience using various Business Intelligence tools
Expert with Microsoft Excel (Pivot tables, graphs, VLOOKUP) and PowerPoint
Proven ability to collaborate, build partnerships, and work with key stakeholders in a business
Ability to work independently
Excellent communication and presentation skills
Ability to multi-task and deliver on a tight deadline
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.
Primary Location US-DE-Wilmington-Three Christina Center / 52379
Organization CONSUMER & COMMUNITY BANKING
Job Type Standard
Shift Day Job
Req ID: 170023231