Oversight Operations Senior Associate, Third Party Risk Oversight

Location: Metro Manila, National Capital Region, Philippines

Job Family: Operating Risk & Control Mgt

About the Role

At JP Morgan Chase, we are a leading global financial services firm with operations spanning investment banking, consumer and community banking, commercial banking, and asset and wealth management. The Oversight Operations Senior Associate in Third Party Risk Oversight plays a pivotal role in our Operating Risk & Control Management team, ensuring robust governance and compliance for inter-affiliate activities. Based in Metro Manila, National Capital Region, Philippines, this position involves driving oversight, monitoring, and stakeholder engagement across regions to mitigate risks associated with third-party relationships in our dynamic financial ecosystem. You will contribute to maintaining the integrity of our global operations by identifying, assessing, and managing risks that could impact our clients, partners, and regulatory standing. In this role, you will lead initiatives to oversee third-party engagements, developing frameworks that align with JP Morgan Chase's stringent risk standards and international regulations. This includes conducting thorough due diligence, monitoring key performance indicators, and collaborating with diverse teams to implement effective controls. Your work will directly support our commitment to operational excellence, helping to safeguard against financial crimes, operational disruptions, and compliance breaches in a highly interconnected banking environment. Expect to engage with senior leaders and external regulators, providing expert insights that influence strategic decisions. We value professionals who thrive in a collaborative, innovative culture. As part of JP Morgan Chase's Asia-Pacific hub, you will have opportunities to grow within a firm renowned for its leadership in financial services. This position demands a blend of technical expertise and interpersonal skills to navigate complex regional dynamics while upholding our core values of integrity and excellence.

Key Responsibilities

• Lead the oversight and monitoring of third-party risk activities for inter-affiliate engagements, ensuring compliance with JP Morgan Chase's global risk policies
• Develop and implement governance frameworks to manage risks associated with third-party vendors and affiliates across multiple regions
• Engage with key stakeholders, including business units, compliance teams, and regional regulators, to align on risk mitigation strategies
• Conduct regular risk assessments and due diligence on third-party relationships, identifying potential vulnerabilities in financial operations
• Monitor and report on key risk indicators (KRIs) and control effectiveness, providing actionable insights to senior management
• Collaborate with cross-functional teams to enhance operational resilience and ensure adherence to anti-money laundering (AML) and know-your-customer (KYC) standards
• Drive continuous improvement initiatives in oversight processes, leveraging data analytics to optimize risk management
• Support audit and regulatory examinations by preparing documentation and responding to inquiries on third-party risk oversight
• Facilitate training programs for teams on third-party risk best practices within the JP Morgan Chase environment

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field
• Minimum of 5 years of experience in risk management, compliance, or oversight operations within the financial services industry
• Strong understanding of third-party risk frameworks and regulatory requirements such as Basel III, Dodd-Frank, and local Philippine banking regulations
• Proven experience in managing inter-affiliate activities and cross-regional stakeholder engagement
• Proficiency in data analysis tools and risk assessment methodologies
• Excellent communication skills with the ability to influence senior stakeholders
• Certification in risk management (e.g., CRISC, CISA) or equivalent

Preferred Qualifications

• Advanced degree (Master's or MBA) in a relevant discipline
• Experience working in a global financial institution like JP Morgan Chase
• Knowledge of Asia-Pacific regulatory landscape and third-party oversight practices
• Prior involvement in audit or control functions within banking operations
• Fluency in English and Tagalog

Required Skills

• Risk assessment and management
• Regulatory compliance knowledge
• Stakeholder engagement and communication
• Data analysis and reporting
• Project management
• Problem-solving and critical thinking
• Attention to detail
• Cross-cultural collaboration
• Proficiency in Microsoft Office Suite and risk management software (e.g., Archer, RSA Archer)
• Understanding of financial controls and internal audit processes
• Analytical mindset for identifying operational risks
• Leadership and influence skills
• Adaptability to fast-paced environments
• Knowledge of cybersecurity risks in third-party contexts
• Strong ethical judgment in high-stakes financial decisions

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive medical, dental, and vision insurance coverage
• Retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick leave, and parental leave
• Professional development opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee wellness programs, including gym memberships and mental health support
• Flexible work arrangements, including hybrid options in Metro Manila
• Stock purchase plan and employee stock ownership opportunities

JP Morgan Chase is an equal opportunity employer.