JP Morgan Chase - Assistant Vice President - Monitoring & Testing - Quality Assurance - CCOR

Assistant Vice President - CCOR M&T Quality Assurance

Description:

Job Location: Hyderabad, Telangana, India

Short Job Description:

- You will be part of Compliance, Conduct and Operational Risk (CCOR) team which plays a critical role in the successful execution of the firm's Compliance, Conduct and Operational Risk mission. The CCOR function ensures the development and maintenance of a strong controls culture, by developing and maintaining a program infrastructure that identifies, measures, and monitors Compliance, Conduct and Operational Risk adherence. CCOR works closely with Business, Controls, Legal, Risk, Compliance and Audit functions to provide expertise on risk matters, assess and measure related risks, and monitor and test the adequacy of the firm's control environment.

- The CCOR QA Team is responsible for the timely and effective management and execution of the Quality Assurance of the CCOR Monitoring and Testing Programme. This role offers an exciting opportunity to develop key skills and knowledge relating to many and various business areas around the globe.

- The QA team partners and supports CCOR M&T, Line of Business Compliance Officers, Core Compliance and Operational Risk Management globally.

Posting Description:

Welcome to JP Morgan Chase. Are you a compliance specialist, passionate about risk mitigation and safeguarding the financial institutions and customers from various risks? Are you a team player who demonstrates strong analytical skills, sound judgement and the highest degree of confidentiality in handling information? You have found the right team.

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

The Compliance, Conduct & Operational Risk (CCOR) Monitoring and Testing (M&T) team is responsible for the timely and effective management and execution of the firm's global CCOR monitoring and testing programme across multiple lines of business. This role will be part of a team of individuals responsible for providing solutions to drive effective controls monitoring and testing techniques using data, and for the execution of certain monitoring and testing engagements. The team will be covering all Lines of Business within JP Morgan (e.g., Corporate and Investment Bank, Asset Wealth Management, Commercial Bank and Consumer Community Banking).

Responsibilities:

- Quality Assurance test the execution of the CCOR Monitoring and Testing Programme in line with the firm's expectation. The purpose of the programme is to test the design and effectiveness of controls in place to manage operational risk, compliance and conduct risk

- Partnership with CCOR M&T, Operational Risk and Compliance managers, and business stakeholders. Involvement in departmental projects particularly in relation to the development of the development of the Annual Monitoring and Testing Plan

- Work with global testing partners to support global monitoring and testing assignments as directed.

- Perform ongoing QA reviews of the Compliance functions mentioned, to ensure controls/standards are met

- Question and investigate the reliability and integrity of data, the validity of conclusions and the appropriateness of assumptions made

- Review quality of completed work, based on quality standards.

- Identify key issues, trends, observations and effectively report summary results to key stakeholders. Ensure consistency with the Global QA framework and governance approach

Required qualifications, capabilities, and skills:

- Master or bachelor's degree in one or a combination of the following: Finance, Accounting, Analytics, or Reporting will also act as an added advantage.

- Minimum 10 years of experience in the financial services industry with 5 years of relevant experience in Compliance, Risk Management, Audit.

- Relevant Operational Risk Management or Compliance experience, alternatively other related experience such as audit, operations or business control management, or similar. An understanding of operational risks and their drivers and be able to challenge the design and effectiveness of the associated business controls

- Strong relationship building skills to influence/negotiate desired outcomes. Excellent interpersonal skills necessary to work effectively with colleagues and senior management. Strong verbal/written communication

- Ability to perform end to end reviews of processes, think through various risks, understand applicability of different regulations and policies and ultimately be able to identify gaps / risks in operating environment

- Good analytical skills, attention to detail and be able to demonstrate a good knowledge of control design and root cause analysis

- Strong interpersonal and influencing skills, with the ability to establish credibility and strong partnership with senior business and 2nd LOD partners.

JPMorgan Chase & Co., 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.

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