Benjamin Berns currently serves as the Vice President of Risk Management at JPMorgan Chase in Columbus, Ohio, where he plays a pivotal role in the resolution of Consent Order MRA (Matters Requiring Attention). With over 20 years of experience in operational risk, Benjamin has honed...
Benjamin Berns currently serves as the Vice President of Risk Management at JPMorgan Chase in Columbus, Ohio, where he plays a pivotal role in the resolution of Consent Order MRA (Matters Requiring Attention). With over 20 years of experience in operational risk, Benjamin has honed his expertise in developing and implementing robust risk management frameworks that align with regulatory compliance and operational excellence. His extensive background spans various domains, including Strategic Analytics, Operational Risk Governance, and Third Party Management, making him a versatile leader in the financial services industry.
In his current role, Benjamin is a frequent contributor to the Enterprise Management Reporting (EMR) and Office of the Comptroller of the Currency (OCC) reporting, where he conducts significant event reviews for Chase Merchant Services and Chase Business Banking. His innovative approach led to the design and deployment of a Loss Event Collection and Reporting SAP process within Chase Merchant Services, which achieved an impressive 95% reduction in Basel II/III operational event volume. This accomplishment not only underscores his analytical capabilities but also highlights his commitment to optimizing operational risk management processes.
Benjamin's skill set includes a deep understanding of Risk Control Self-Assessment (RCSA), Key Risk Indicators (KRI), and Governance, Risk, and Compliance (GRC) design. His proficiency in managing operational losses, coupled with his experience in regulatory interaction and technology risk, positions him as a key asset in navigating the complexities of the financial landscape. As he continues to drive strategic initiatives at JPMorgan Chase, Benjamin remains dedicated to enhancing the organization's risk posture while fostering a culture of continuous improvement and compliance.