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Corporate Third Party Oversight Head of Supplier Assurance Services - MD

Company name
JPMorgan Chase & Co,

Jersey City, NJ

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Corporate Third Party Oversight – Head of Supplier Assurance Services - MD','180013605','!*!The JPMorgan Chase Corporate Third

Party Oversight (CTPO) team is responsible for developing, deploying,

overseeing and ongoing reporting of a program that ensures the effective use of

third parties to accomplish JPMorgan Chase's strategic goals.  This includes

building awareness of the program at the firm and ensuring consistency globally

across both the LOB's and corporate groups.  It also includes

understanding and dissemination of regulatory requirements and reporting to

regulators on the program and status.  The major focus of the program is

to ensure our vendors are performing to the same high standards that JPMorgan

Chase holds itself accountable to including client service, quality, control,

regulatory compliance, business resiliency and protection of information. 


As the Head of Supplier Assurance

Services (SAS), you will oversee all external supplier assessment for the firm,

including IT risk, operational risk and supplier-hosted application risk. You

will maintain a service oriented relationship with key leaders in the business

units which you support (e.g. Technology Control Officers, Business Control

Officers, Chief Information Officers, etc.). You will set strategic direction

and manage a team of 130 who execute risk assessments and provide risk management

interpretations at a supplier level. This role will ensure that the firmwide

schedule of 2,000 control assessments are appropriately prioritized and

managed and that risks are effectively communicated to stakeholders. You will

lead the summarization and communication of supplier risk at an executive level

as well as managing overall remediation activities. You will participate in

activities supporting the overall health and efficiency of supplier risk management

and seek opportunities to drive improvements, helping to maintain a best in

class operating model. Participation in regulatory efforts and special projects

as required. This role reports into the Global Head of CTPO and will be based

in Jersey City, NJ.



Overseeing the risk assessment,

remediation and monitoring of IT, operational and supplier-hosted application

risks associated with suppliers supporting the firm, in alignment with

corporate policies & practicesProviding superior service delivery

& support to the clients (i.e. Technology Control Officers, Cybersecurity

leaders, etc.)Supporting LOB stakeholders and

Supplier Oversight Services staff in identification, classification, and

decommissioning of suppliers as necessaryMaintaining executive level engagement

that clearly highlights risks, remediation activities, and recommendations for

all corporate functions and LOBsManaging External Assessor

relationships ensuring that service delivery and quality standards are

consistently maintained (outsourced assessments)Developing and maintaining External

Assessor forecast and associated accounting accrualsClosely manage operations and risk

through KPIs/KRIsCreating and escalating unacceptable

supplier risks for swift address by senior managementManagement of the assessment team as a

business, with a focus on building a center of excellence, through effective

& efficient processes, talent management, and actively managed costs, SLAs

and KRIsPartnering with CTPO, IT Risk,

Operational Risk and Sourcing colleagues to manage vendor performance, vendor spend

and vendor risk in a holistic mannerManagement of a firmwide supplier

assessment team with 130 resources, including training, development,

performance & talent management, and succession planningDevelop, test & implement

processes, tools & metrics, to enhance productivity and supplier risk

postureParticipating & influencing

industry dialogue to promote common best practices, as well as interface with

regulators, as necessaryEngage with senior LOB stakeholders to

provide executive briefings on their portfolio healthEnsure all TPO activities within the

portfolio are delivered in a manner consistent with business objectives, TPO

policy and regulatory guidanceAct as primary liaison between the SAS

team and all control partners (e.g. Oversight & Control, Compliance, Audit,



10 years experience in IT Risk management, audit or equivalentAbility to effectively lead a geographically diverse teamAbility to develop leaders within the team and enabling growth

opportunitiesExecutive-level verbal and written communication skills, including

the ability to effectively lead discussions and meetingsSuperior organizational skills with an ability to multitask

effectivelyProficient technical skills, including: audit, business analysis,

change management, IT risk management, operation systems and data sources

knowledge, performance metrics and reporting, technical problem resolution,

project management, and vendor management.Proficient working knowledge within the following risk

domains/technologies:Database and application securityIDS/IPS technologiesSystem/Access AdministrationFirewall technologiesNetwork ArchitectureSecurity Event Logging & MonitoringKey Management/TokenizationDatabase/Application/Network Layer

Secure ProtocolsPhysical and Environmental SecuritySecure Software/Code DevelopmentChange ManagementVulnerability ManagementIT Risk Management/Audit industry certification (such as CISSP,

CISA,CRISC, etc.) a plusMasters degree preferred, Bachelors degree required or equivalent

technical experienceProven leader and influencer and able to effect firm-wide changeMust be a strategic thinker that can design a 'best in class'

program in a timely mannerAbility to partner closely with related functions (Sourcing, Legal

& Compliance, Audit, etc.) to ensure a coordinated and effective program

','JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.','Finance','US-NJ-Jersey City-NOC 7 - 480 Washington Blvd / 59199','','CORPORATE SECTOR','Full-time','Standard','Day Job','','JPMorgan Chase & Co.','JPMorgan Chase & Co.','','','Corporate Third Party Oversight – Head of Supplier Assurance Services - MD

Company info

JPMorgan Chase & Co,
Website :

Company Profile
JPMorgan Chase (NYSE: JPM) is one of the oldest financial institutions in the United States. With a history dating back over 200 years, here's where we stand today: JPMorgan Chase (NYSE: JPM) is one of the oldest financial institutions in the United States. With a history dating back over 200 years, here's where we stand today:

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