Operational Risk - Asset Management - Vice President
JPMorgan Chase
- 九龍
- 長期
- 全職
- Support the Operational Risk function for the Asset Management business across APAC including offices in Hong Kong, Singapore, China, Taiwan, Australia, Japan and Korea.
- Provide oversight to the business' management of operational risk including reviewing and challenging risks, processes and controls identified by the first Line of Defence (LoD) and escalate where required.
- Engage with the business to continually improve operational risk processes and business operating models, support safe business growth, and inform & influence risk-based decision making
- Independently assess operational risks and control environments and raise issues for the first LoD to remediate where relevant. Assessments are done through quantitative and qualitative means including
- periodic risk assessments (at the legal entity and risk stripe levels)
- review of performance against Key Performance Indicators
- collaborating with the CCOR Testing team to test the effectiveness of controls.
- Provide operational risk oversight in key governance forums; escalate to regional committees and liaise with regulators as needed
- Understand and assess key and emerging operational risks for the business regionally including staying abreast of industry news, incidents and regulatory developments to facilitate proactive risk identification and mitigation.
- Leverage the Firmwide CCOR Management Framework to Identify, Measure, Monitor, Manage, Report and Govern Operational Risk
- Determine the APAC regional and entity specific Operational Risk Monitoring and Testing program, and define testing approaches.
- Liaise with key stakeholders across first, second and third LoD including engaging on the results of any monitoring and testing activities.
- Identify and assess the Operational Risks for all new business initiatives developed by the business, including challenging the appropriateness of processes and controls, and determining pre-go live requirements
- Provide timely and relevant information through appropriate reporting mechanisms (scorecards, dashboards, monthly management meetings). Design rich data visualizations to communicate complex ideas
- Minimum Bachelor's Degree with at least 8 years experience, preferably in risk management, control management, product control, compliance and audit in the financial industry
- Curiosity and an interest in understanding how businesses work and effectively manage risk
- Excellent interpersonal and communication skills including effective interaction with senior management
- Good analytical and problem-solving skills, with the ability to break down complex business processes, analyze potential risks and think outside the box
- Able to make independent decisions and work with limited supervision while exceling in a dynamic, demanding environment
- Strong influencing and stakeholder management skills with the ability to drive change
- Knowledge of Asset Management business and products (such as fixed income and equities, deposits and banking, lending, investment management, funds and alternatives) preferred
- Self-motivated with the ability to multi-task, prioritize and thrive in a fast-paced and evolving environment
- Solid command of written and spoken English and Chinese (Mandarin) preferable