JP Morgan Chase – Associate – Compliance & Operational Risk Testing J.P. Morgan

The Corporate Institute; Mumbai; On-site; INR 1,500,000 - 1,900,000; Full time

Job summary

The Corporate Institute seeks an Associate – Compliance and Operational Risk Test Senior Specialist to rigorously assess controls, execute tests, and drive remediation to mitigate risk.

You will interpret policies, collaborate with process owners, document findings and reporting, and support SOX compliance and risk management priorities across the firm. Strong analytical thinking, problem-solving, and MS Office expertise (Excel, Word, PowerPoint) are essential.

Qualifications

• Bachelor’s degree in business, finance, or related field; or equivalent work experience.
• 4+ years of work experience in controls testing, audit, or operational risk management.
• Strong analytical thinking and problem solving for large data sets.
• Ability to partner with key stakeholders and collaborate to identify risks and gaps.
• Excellent written and verbal communication; able to influence leaders.
• Advanced MS Office skills, especially Excel, Word and PowerPoint.

Responsibilities

• Understand and evaluate the control environment with experience in assessing design and effectiveness of controls.
• Execute testing processes to assess the environment, identify gaps, and prepare documentation.
• Collaborate with Process/Control Owners and cross-functional teams on testing schedules and evidence gathering.
• Lead issue validation, action plan quality and remediation follow-up with owners.
• Lead walkthroughs and meetings with business owners to foster collaboration across engagements.
• Interpret policies/standards to ensure accurate implementation of compliance requirements.
• Propose and implement improvements to testing methods to increase efficiency and effectiveness.

Skills

Analytical thinking

Stakeholder collaboration

Time management

Communication skills

MS Office

Education

Bachelor's degree in business/finance

Tools

Alteryx

Tableau

Job description

Job summary

As an Associate – Compliance and Operational Risk Test Senior Specialist, your deep understanding of risk management and control evaluation will be instrumental in identifying and mitigating risks, thereby enhancing compliance and operational risk management. Your expertise in test execution with precision and accountability will ensure the seamless delivery of quality outcomes, ensuring alignment with the firm’s highest risks. 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.

Total Experience

4 – 9 years

Job Responsibilities

• Understand and evaluate the assigned function’s control environment with proven experience in assessing the adequacy, effectiveness and design of controls to ensure alignment with SOX, other regulatory frameworks and with the firm’s risk priorities.
• Execute the testing processes with precision and accountability to assess the control environment, identify gaps and prepare robust documentation including process documents, process flows, and overview documents that support testing conclusions.
• Collaborate with Process/Control Owner, cross functional teams on testing schedule, obtain walkthrough of the process, document process changes, evidence gathering, analysis of potential issues and facilitate timely reporting.
• Play key role in issue validation, action plan quality and closure discipline by partnering with control owners to ensure remediation aligns with risk acceptance and compliance expectations.
• Lead walkthrough and other meetings with business owners fostering collaboration across engagements with minimal oversight.
• Read and interpret policies/standards/procedures to ensure accurate implementation of compliance requirements while continuously improving control evaluation methodologies and interpreting control ratings and metrics to strengthen the firm’s compliance and operational risk management framework.
• Propose and implement improvements to current testing methods, contributing to the overall efficiency and effectiveness of the firm’s risk management.

Required Qualifications, Capabilities and Skills

• Bachelor’s degree in business, finance, or related field; or equivalent work experience. Minimum of 4 years of work experience in controls testing, audit, operational risk management within a risk and control environment.
• Demonstrated proficiency in advanced analytical thinking and problem solving skills particularly in regard to analysing large data sets to identify exceptions or patterns and evaluating various aspects of a situation to identify key information.
• Proven ability to build strong partnerships with key stakeholders and collaborate with business and functional experts to recognize risks and gaps.
• Excellent organizational and time management skills – ability to remain flexible and productive through shifting priorities and deadlines.
• Excellent written and verbal communication skills with an ability to influence business leaders in a meaningful and actionable manner.
• Demonstrated expertise in MS Office applications, with advanced skills in Excel, Word, and PowerPoint highly recommended.

Preferred Qualifications, Capabilities and Skills

• Professional qualifications like CA, CPA, MBA Finance, CIA is preferred.
• Audit and control testing background / experience.
• Comfortable using Intelligent solutions like Alteryx, Tableau to support testing activities or metrics reporting.
• Ability to innovate, challenge the status quo and identify automation opportunities.