CIB Risk & Compliance Assessment Lead - Executive Director

Job Description
Job Description
As the Operational Risk Assessment Executive Director within the CIB Central Controls Office, you will play a pivotal role in shaping the organization's control environment. You will lead and manage operational risk assessment processes, acting as a trusted advisor to senior management. Your expertise will drive key initiatives such as the Compliance & Operational Risk Summary (CORS), Compliance Risk Assessment (CRA), Material Risk Inventory (MRI), and Conduct Risk assessments. You will ensure these assessments are conducted effectively, providing valuable insights to support the organization's risk management strategy. Your leadership will be crucial in developing and delivering an enterprise-wide framework to manage control-related processes driven by regulation and compliance requirements.
Job Responsibilities

• Lead the execution of the CIB Risk Assessments Framework to ensure comprehensive and accurate reporting of operational risks aggregation.
• Lead all business-as-usual activities as it pertains to Risk Assessment, partnering with the risk stripe leads and various assessment owners across the CIB / Regional Teams to complete the CORS, QRA, CRAs as well as ensuring that reporting to the governance committees is complete, accurate and relevant to the business.
• Drive the strategy and direction of Risk Assessment within the CIB, partnering with Firmwide Controls, Regional Controls and CCOR to improve the overall framework to drive consistency and simplify assessments.
• Develop and analyze CIB LOB level summary aggregation conclusions and reports for applicable L2 Risks, incorporate qualitative inputs and judgmental factors.
• Ensure Risk Assessments are conducted in strict alignment with FW CORE Standards, CRA, CORS Firmwide CC Standards, and respective procedures
• Align key messages consistently across all control committees to withstand scrutiny from oversight bodies such as the OCC and Audit.
• Engage with and conduct reviews with senior leadership, stakeholder committees, or other relevant bodies to validate and assess priorities.
• Facilitate cross-functional collaboration to enhance Risk Assessment efficiencies and best practices by navigating within the organization to align key stakeholders, influence, build consensus, and drive results.
• Deliver high-quality, consistent, and meaningful executive reporting and analytics to identify trends and themes for business decisions.
• Ensure continuous improvement of risk assessment processes and tools.
• Manage via a matrix a group of team members, building and developing the right skills, experience, knowledge, and capacity.

Required qualifications, capabilities, and skills

• Bachelor's degree or equivalent experience with significant financial services experience in controls, audit, quality assurance, risk management, or compliance
• Demonstrated leadership and sound judgment to foster a strong risk management culture. Excellent written and verbal communication skills, with the ability to influence business leaders and tailor messages for executive audiences.
• Process analysis / design acumen - ability to understand a process and associated risk to inform control design.
• Skilled at analyzing opportunities & problems, recommending solutions, and communicating effectively & confidently (both verbal and written)
• Strong organizational and task management skills, capable of balancing multiple initiatives under tight deadlines in a dynamic environment
• Ability to forge strong internal relationships across a broad range of functions.
• Disciplined approach to managing and improving processes and controls.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio) with the ability to develop compelling and meaningful executive presentations that will drive opportunities / recommendation for improvement.

Preferred qualifications, capabilities, and skills

• Knowledge of CIB products (Markets, Payments, Banking, Securities Services)

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
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.