Job Description
Global Real Estate Vendor Risk Management (VRM) team is responsible for managing and overseeing the compliance of third-party suppliers with the Third Party Oversight (TPO) program.
As a Vendor Risk Management Associate within the Global Real Estate team, you will coordinate vendor onboarding, ensure due diligence, monitor compliance, and develop strategies for portfolio management.
Job Responsibilities:
- Manage, monitor, and track a portfolio of third-party suppliers to ensure compliance with the Third Party Oversight program.
- Disposition Standard Process vs. Alternate Process engagements, including specialized service categories.
- Coordinate and monitor all new engagements through the vendor onboarding lifecycle.
- Ensure all due diligence is completed and documented according to firm-wide policies and procedures.
- Assist Delivery Managers in completing all documents supporting existing third parties.
- Issue metrics reports to monitor compliance with the TPO program and present key risk metrics to Lines of Business (LOBs).
- Assist in managing delivery dates for remediation plans, non-compliance acceptances, Financial Viability Assessments, and Corporate TPO deliverables.
- Update appropriate systems, develop and issue reports, follow up with Delivery Managers, and maintain required documentation; as well as perform data quality audits of information entered into the GRE vendor system.
- Assist in training Delivery and Senior Managers (Executive Sponsors) and Risk Analysts on TPO procedures and systems.
- Develop portfolio management strategies by assessing inventory for efficiency and reduction opportunities across LOBs.
- Monitor engagements/services associated with third-party suppliers through various reports, tools, and system research, confirming all required onboarding forms are received and compliant with both JPMC and Vendor Risk Oversight policies.
Required qualifications, capabilities, and skills:
- Bachelor's degree in Business, Finance, Risk Management, or a related field.
- 5+ years experience in vendor risk management, compliance, or a related field.
- Strong understanding of third-party risk management frameworks and regulatory requirements.
- Excellent analytical, organizational, and problem-solving skills.
- Strong communication and interpersonal skills, with the ability to interact effectively with senior management and cross-functional teams.
- Proficiency in using risk management tools and systems.
- Ability to manage multiple priorities and work under tight deadlines.
About Us
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
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.
