Bengaluru, Karnataka, India
9 hours ago
Associate, Third Party Risk Assessment

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.  Within Firm-wide SOS, the Oversight Operations team is 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 Summary

As an Associate in the Third Party Risk Assessment team, you will be responsible to monitor all Third Party activities in order to ensure compliance to the Third Party Oversight (TPO) standards and Global Technology Standards

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 Managers 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, Skills & Capabilities - Internal / External

Minimum 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 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  Ability to partner closely with related functions (Sourcing, Legal & Compliance, Audit, etc.) to ensure a coordinated and effective program Knowledge of Software and Cloud products used in Banking Industry High level knowledge of TPO standards and experience with Corporate Sourcing and Standard TPO systems 
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