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Associate - Third Party Oversight - Supplier
2 weeks ago
**JOB DESCRIPTION**
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 for Onboarding is charged with overseeing supplier onboarding and contract extensions for supplier engagements across all LOBs and Regions following standard operating procedures within the JPMC TPO Policy framework.
Primary Roles and Responsibilities:
This role will be aligned to Supplier Oversight Operations responsible for brokering all Onboarding actions for JPMC's acquired supplier (as part of M&A) engagements following standard operating procedures within the JPMC TPO Policy framework.
As an Associate, you will be assisting in Onboarding of acquired M&A 's supplier engagements and be responsible for:
- Monitoring the health for the M&A Onboarding and manage key issues to keep the project GREEN
- Maintain and publish the inventory tracker / report card and related deliverables to foster proactive collaboration with the Project Lead and the acquired company's stakeholders
- End to End supplier 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
- Act as TPO Process and Tool SME for the business Delivery Managers / Point of contacts from the Business
- Support new DMs to understand the TPO Program and process
- Ensure SOS review duties are delivered in an efficient, effective and sustainable way in line with internal SLA’s, KPIs/KRIs
- Disposition Standard Process vs. Alternate Process engagements (e.g., COMPASS vs. Specialized Service Categories etc.
- Work on adhoc projects as required, administer meetings, produce documentation and coordinate actions
- Provide ways of process improvements to drive efficiency and mitigate risk
**Qualifications**:
- 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
- The role requires extensive interaction with internal customers. Outstanding listening and negotiation skills as well as being a strong written and verbal communicator at the senior management level with effective collaboration skills
- 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
- High level knowledge of TPO standards and experience with Corporate Sourcing and Standard TPO systems is preferred
Qualifications - External
- Bachelor’s degree or equivalent work experience required
- 5 years experience in financial services industry with background in Finance, Sourcing, TPO, Risk, Oversight & Control, Vendor/ Project Management or related roles
- The role requires extensive interaction with internal customers. Outstanding listening and negotiation skills as well as being a strong written and verbal communicator at the senior management level with effective collaboration skills
- 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
- Strong business analysis skills to enable efficient, accurate and objective decision making
- Ability to partner closely with related functions (Sourcing, Legal & Compliance, Audit, etc.) to ensure a coordinated and effective program
- High level knowledge of TPO standards and experience with Corporate Sourcing and Standard TPO systems is preferre
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