Vice President - Compliance And Ops Risk Testing

JPMorganChase; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

JPMorganChase in Mumbai seeks a Compliance and Operations Risk Test Manager to shape testing strategies across business lines, ensuring regulatory alignment and effective risk controls. You will lead complex testing programs, coordinate with senior stakeholders, and drive remediation efforts within a strong governance framework.

The role emphasizes risk management expertise, strategic decision-making, and team leadership to deliver high-quality testing outcomes in a dynamic financial services

Qualifications

• Bachelor’s degree in business, finance, or related field; 13+ years in controls testing, audit, operational risk management and testing processes.
• Domain Knowledge: Strong understanding of Risk Management and Compliance.
• Strong stakeholder management with experience communicating testing strategies to senior stakeholders.

Responsibilities

• Lead the development and execution of comprehensive testing strategies for the function's control environment to align with SOX and firm risk priorities.
• Oversee testing processes, identify gaps, and prepare robust documentation supporting testing conclusions.
• Manage complex testing initiatives with advanced project management to ensure timely delivery.
• Oversee issue validation, action plan quality and closure with control owners to ensure remediation aligns with risk acceptance.
• Lead stakeholder engagement with business owners at various management levels, fostering collaboration and influencing discussions.
• Make strategic decisions applying policies, standards, and risk practices to implement compliance requirements.
• Manage a diverse testing team, providing guidance and ensuring clear communication for engagement delivery.

Skills

Domain knowledge

Stakeholder management

Project management

Analytical thinking

MS Office

Education

Bachelor's degree in business/finance or related field

Tools

Excel

Word

PowerPoint

Job description

Job Description:

As aCompliance and Operations Risk Test Manager, you will lead in shaping the testing strategy across various business lines, ensuring alignment with regulatory and firm requirements. Your deep understanding of risk management and control evaluation will be instrumental in identifying and mitigating risks, thereby enhancing compliance and operational risk management. Additionally, your aptitude in stakeholder management will enable you to foster strong relationships with senior stakeholders, including business management and regulatory bodies. Your analytical thinking and problem-solving skills will be crucial in breaking down complex business objectives into manageable tasks and activities. Your role will also involve making impactful decisions, while maintaining compliance with operational policies and precedents. As a leader, you will manage a diverse team, planning and organizing individual and team activities to integrate and coordinate work across various departments. Your role will be integral in ensuring a cohesive and efficient testing framework, contributing to the seamless delivery of quality outcomes.

Job Responsibilities:

• Lead the development and execution of comprehensive testing strategies for the assigned functions control environment to ensure alignment with SOX, other regulatory frameworks & with the firms risk priorities.

• Oversee the comprehensive 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.

• Manage complex testing initiatives, applying advanced project management skills to ensure timely and efficient delivery of outcomes.

• Oversee and drive issue validation, action plan quality and closure discipline by partnering with control owners to ensure remediation aligns with risk acceptance and compliance expectations.

• Lead stakeholder engagement by facilitating meetings with business owners and stakeholders at various management levels, fostering collaboration across engagements and effectively influencing stakeholders during challenging discussions.

• Make strategic decisions that have a wide-ranging impact throughout the function, using deep knowledge of policies/standards/procedures & risk management practices to ensure accurate implementation of compliance requirements thereby strengthening the firms compliance and operational risk management framework.

• Manage a diverse testing team by providing guidance, resolving issues, and fostering clear communication to ensure successful engagement delivery

Required Qualifications, Capabilities and Skills:

• Bachelors degree in business, finance, or related field; or equivalent work experience. Minimum of 13 years of work experience in controls testing, audit, operational risk management and managing testing processes within a risk & control environment.

• Domain Knowledge: Strong understanding of Risk Management and Compliance

• Strong stakeholder management skills, with experience in fostering relationships with senior stakeholders and effectively communicating testing strategies and outcomes.

• Advanced proficiency in project management and time management, with a history of delivering results that accelerate business objectives.

• Proven track record of leading diverse teams while strategically planning and coordinating cross-departmental activities to achieve compliance requirements and operational excellence

• Demonstrated proficiency in advanced analytical thinking and problem solving skills with a track record of systematically evaluating complex situations to extract key insights, coupled with excellent written and verbal communication skills 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 & control testing background / experience.

• Proven track record in developing and implementing comprehensive testing strategies that align with regulatory requirements and firm policies.

• Experience with automation and AI-driven testing frameworks is highly desirable, along with the ability to innovate, challenge the status quo and proactively identify automation opportunities.

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 our 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.