Analyst - Supplier oversight Services
Published date: 2024/01/10
- Location: Bengaluru, Karnataka, India
Organization Description
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Global Supplier Services (GSS) manages the source-to-pay cycle, engaging with suppliers, negotiating contracts, conducting risk assessments and evaluating the customer experience. Global teams support sourcing, third party oversight, procurement and payment operations, supplier relationship management and customer experience.
Employer Description
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
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 is charged with overseeing supplier TPO approvals for supplier engagements as well as due diligence monitoring across all LOBs and Regions following standard operating procedures within the JPMC TPO Policy framework.
Primary Duties and Responsibilities:
Support the Delivery Managers with TPO Reviews of Negligible Risk and Out of Scope requests
Ensure all due diligence is completed and documented according to the firmwide policy and procedures for High Risk engagements impacting the Firmwide TPO Scorecard
Collaborate with Delivery Managers, Executive Sponsors from the Line of Business (LOB) for due diligence state state monitoring activities
Ensure SOS duties are delivered in an efficient, effective and sustainable way in line with KPIs/KRIs
Support non transaction related governance activities for SOS group pertaining to Spend Validation, service categorization of New Third Party Providers etc., including any remediation activities that may be required to be conducted from time to time
Qualifications
2+ 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 6+ years
The role requires extensive interaction with the internal customers with effective collaboration skills
Effective time management and multitasking skills
Broad understanding of regulatory compliance requirements, and experience in managing Internal Audit or Regulatory communications
Strong personnel and organizational management skills
High level knowledge of TPO standards and experience with Corporate Sourcing and Standard TPO systems is preferred
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Global Supplier Services (GSS) manages the source-to-pay cycle, engaging with suppliers, negotiating contracts, conducting risk assessments and evaluating the customer experience. Global teams support sourcing, third party oversight, procurement and payment operations, supplier relationship management and customer experience.
Employer Description
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
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 is charged with overseeing supplier TPO approvals for supplier engagements as well as due diligence monitoring across all LOBs and Regions following standard operating procedures within the JPMC TPO Policy framework.
Primary Duties and Responsibilities:
Support the Delivery Managers with TPO Reviews of Negligible Risk and Out of Scope requests
Ensure all due diligence is completed and documented according to the firmwide policy and procedures for High Risk engagements impacting the Firmwide TPO Scorecard
Collaborate with Delivery Managers, Executive Sponsors from the Line of Business (LOB) for due diligence state state monitoring activities
Ensure SOS duties are delivered in an efficient, effective and sustainable way in line with KPIs/KRIs
Support non transaction related governance activities for SOS group pertaining to Spend Validation, service categorization of New Third Party Providers etc., including any remediation activities that may be required to be conducted from time to time
Qualifications
2+ 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 6+ years
The role requires extensive interaction with the internal customers with effective collaboration skills
Effective time management and multitasking skills
Broad understanding of regulatory compliance requirements, and experience in managing Internal Audit or Regulatory communications
Strong personnel and organizational management skills
High level knowledge of TPO standards and experience with Corporate Sourcing and Standard TPO systems is preferred
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
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