Compliance and Ops Risk Test Specialist

Next Frontier Capital; Bengaluru; On-site; INR 1,000,000 - 2,000,000; Full time

Job summary

JPMorganChase is seeking a Compliance and Operations Risk Test Specialist to enhance our compliance and operational risk management. You will execute tests, assess control environments, and drive remediation to mitigate risk, collaborating with cross-functional teams to deliver high-quality outcomes.

In this role, you will perform ITGCs, technology risk assessments, and control assessments, ensuring conformity with SOX-404.

Qualifications

• Hands-on experience in ITGCs and technology risk assessments.
• Experience in control assessments and remediation.
• In-depth understanding of SOX-404 regulatory requirements.
• Proven ability to identify gaps and drive remediation.
• Strong analytical thinking and problem-solving skills.
• Proven collaboration with cross-functional teams.

Responsibilities

• Execute testing processes with precision and accountability, ensuring timely completion.
• Assess the control environment, verify design and effectiveness of controls.
• Organize, compare and evaluate information to identify key insights.
• Collaborate with cross-functional teams to align testing efforts and communicate outcomes.
• Propose improvements to testing methods to enhance risk management.
• Perform automated business controls assessments and ITACs.
• Perform Technology Risk Assessments and Control assessments.
• Support Application Control Testing and identify shared controls and evidence testing.
• Work with Business and Technology teams to gather control requirements and discuss issues.
• Communicate issues and findings with the team and manager.
• QC reviews of testing working papers.

Skills

ITGCs

Technology Risk Assessments

Control assessments

SOX-404

Analytical thinking

Cross-functional collaboration

Testing methods improvements

Automated controls testing

Job description

Join JPMorganChase to drive excellence in compliance and risk management. Leverage your analytical skills and collaborate with cross-functional teams to make a significant impact. At JPMorganChase, you'll be part of a dynamic environment where your contributions are valued and your professional development is prioritized.

As a Compliance and Operations Risk Test Specialist in the Testing Center of Excellence, you will play a pivotal role in enhancing our compliance and operational risk management. Your expertise in executing tests with precision and accountability will ensure the seamless delivery of quality outcomes. You will be responsible for assessing the control environment, identifying gaps, and driving remediation efforts to mitigate risk. Your analytical thinking and problem-solving skills will be crucial in breaking down complex business objectives into manageable tasks and activities. By collaborating effectively with cross-functional teams and stakeholders, you will contribute to the firm's business objectives and help us maintain our commitment to excellence.

Job responsibilities

• Execute testing processes with precision and accountability, ensuring all activities are completed accurately and on time.
• Assess the control environment to identify gaps, verify controls are properly designed and implemented, and determine control effectiveness.
• Utilize analytical thinking to systematically organize, compare, and evaluate various aspects of a situation and environment to comprehend and identify key or underlying information.
• Collaborate with cross-functional teams and stakeholders to align testing efforts and ensure effective communication of testing outcomes.
• Propose and implement improvements to current testing methods, contributing to the overall efficiency and effectiveness of the firm's risk management.
• Performing Automated business controls assessments or ITAC’s.
• Performing Technology Risk Assessments and Control assessments.
• Support the Application Control Testing including initial interviews regarding standard controls usage for applications in scope; assist with the identification and testing of shared controls. Perform testing of the evidence submitted to validate it justifies control effectiveness.
• Work with Business and Technology teams to walk through, gather control design requirements, performance requirements, and facilitate discussions on identified issues.
• Communicate issues and evaluate issues/findings and best practices with the rest of the team and manager.
• Perform QC reviews of control testing working papers.

Required qualifications, capabilities, and skills

• Qualified graduate with minimum of 2 years of experience or equivalent expertise in executing and managing IT-Automated business controls assessments or ITAC’s.
• Hands on experience in performing ITGC's , Technology Risk Assessments and Control assessments.
• In-depth understanding of SOX-404 regulatory requirement.
• Proven ability to assess control environments, identify gaps, and drive remediation efforts to mitigate risk.
• Demonstrated proficiency in analytical thinking, with experience in organizing, comparing, and evaluating various aspects of a situation to identify key information.
• Experience in proposing and implementing improvements to testing methods, contributing to the efficiency and effectiveness of risk management processes.
• Proven track record of effective collaboration with cross-functional teams and stakeholders, with a focus on aligning testing efforts and communicating outcomes.

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 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 FAQs for more information about requesting an accommodation.

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.

Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.

Enhance compliance and risk management through precise testing and collaboration.