Cib Payments

**About J.P. Morgan's Corporate & Investment Bank**

J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With nearly $20 trillion of assets under custody, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

The Corporate & Investment Bank (CIB) Operational Risk Management (ORM) team is responsible for independently assessing, reviewing and overseeing the management of Operational Risk by the first line of defense

J.P. Morgan Payments is among the world's largest, most trusted and innovative full-service providers in one of the most dynamic and rapidly transforming spaces in financial services. In addition to providing international cash management, liquidity, commercial card, FX, escrow solutions, merchant services and trade finance, we continue to invest in future-growth initiatives, such as blockchain, AI & ML, as well as form partnerships with rising fintechs to expand our client base and product offerings.

Boasting more than 1sa35,000 clients in over 180 countries, J.P. Morgan Payments offers specialized solutions that provide operating efficiencies and value beyond other standardized solutions available in the market. Our global product and technology platform, integrated client service model and network of operational centers enable J.P. Morgan Payments to deliver a consistent set of services to clients no matter where they are across the world.

**About Compliance, Conduct and Operational Risk**

Operational Risk Management is part of Compliance, Conduct and Operational Risk (CCOR), within the Risk Management and Compliance organization. CCOR is responsible for the design and execution of the CCOR program, which consists of the second line of defense's responsibilities in the oversight of management of the firm's Compliance, Conduct, and Operational Risk.

Our organization is focused on cultivating a strong, unified culture that embraces a sense of personal accountability in developing the highest corporate standards in governance and controls. Business priorities are focused on continuing to strengthen and guard the firm from the many risks we face while fostering a transparent culture and continuing to do first class business in a first class way. We are equally focused on nurturing talent, respecting the diverse experiences that our team of professionals brings and embracing an inclusive environment.

**Key Responsibilities**
- Leveraging the CCOR Framework across all Payments businesses.
- 2 nd Line Review and Challenge of 1 st Line Assessments.
- Identify: Reviewing the risks identified by the first line of defense and escalating any new or emerging risks or issues, including assessment of New Business Initiatives.
- Measure: Independently assesses operational risks and control environments through quantitative and qualitative means.
- Monitor and Test: Independently monitor the risks and test the effectiveness of controls
- Manage: Identifying issues for the first line of defense to remediate through action plans and reviewing KRI and KPI thresholds, as required.
- Report: Reporting on results including changes in risk assessments and results of monitoring and testing.
- Liaising with key stakeholders including first, second and third line of defense.
- Driving the broader Operational Risk agenda through research, presentations, assessments, and reviews.
- Stay abreast of industry news and regulatory developments to facilitate proactive risk identification and mitigation.
- End to end coverage, including Horizontal activities (Resiliency, TPO/Outsourcing, Data Management)
- Legal Entity coverage of Payments, representing Operational Risk Management and liaising with the ORM Country Lead.
- Additional opportunity to focus on Credit ORM oversight in addition to Payments line of business coverage.

**Preferred Qualifications**
- Minimum of 5-10 years of relevant industry experience, financial services expertise required.
- Experience with Risk Management, Operations, Production Management or Front Office related Payments Businesses activities.
- Understanding of the products and services offered by the Payments businesses across Latin America (including Liquidity products such as local accounts, in-out local payments, cross border payments, SPEI and SPID regulation, Trade & Working Capital loans, Merchant Services, ACH).
- Credit Risk knowledge a plus.
- Experience interacting with local regulators and audit firms.
- Strategic thinker with strong analytical and project management skills with successful track record of completion.
- Strong influencing skills and ability to drive change and deliver results.
- Ability to work independently with mínimal supervision and exercise sound judgment.
- Excellent written and verbal commun