Job Description

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ROle Description:

Compliance, Conduct and Operational Risk (CCOR) 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 role of our 2nd Line of Defense CCOR organization is to support the company in maintaining the highest standards of ethical conduct and operational compliance with both the spirit and intent of the many policies, laws, rules, and regulations that govern the JP Morgan Chase Lines of Business (LOBs) and Corporate Functions.

The Compliance Conduct and Operations Risk - Monitoring and testing team (CCOR M&T team) is responsible for the timely and effective management and execution of the firm's global CCOR monitoring and testing program 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 through the use of data, and for the execution of certain monitoring and testing engagements. The team will be covering all Lines of Business within JP Morgan - Corporate and Investment Bank, Asset Wealth Management, Commercial Bank and Consumer Community Banking.

The successful candidate will be responsible for the execution of more traditional monitoring and testing disciplines where needed. Candidate will be part of the Core initial build out team and hence immense opportunities available for innovation, shaping up the structure and processes within the team.

Candidates who have zeal to perform in complex and growing environment, are comfortable working with multiple global stakeholders and would like to make a difference to the Start Up Team should apply. Immense opportunities are available to shape up the new team structure, processes and for innovation.

Candidate with prior experience of Operations, Risk, Audit, Technology can apply.

Responsibilities:

The ideal candidate will be expected to:

• Leads, executes and participates in CCOR M&T reviews in accordance with the established M&T program.
• Develops, maintains and executes the annual testing plan
• Escalates any critical or high risk issues to appropriate leadership. Identifies potential corrective actions, and follows through on reporting, escalation, and resolution. Ensures issues are identified and documented. Provides thoughtful independent credible challenge to lines of business, across risk programs and the enterprise
• Assesses (including the root cause analysis), documents, and communicates emerging risks, themes and identified issues to leadership and risk partners in a timely manner. Provides status updates to key stakeholders on programs and specific reviews where warranted.
• Leads implementation of complex and strategic initiatives with moderate risk and complexity
• Perform effective monitoring of audit issues against targeted timelines and subsequent validation testing to ensure the issues are resolved and mitigates the risk identified.
• Manages communication and collaboration with global stakeholders viz. includes - Global Testing heads, Legal, Audit, and regulators on risk related topics
• The successful candidate will be a team player and a self-starter who is accustomed to working in complex organizations, partnering with a diverse group of stakeholders, and achieving results.
• Continuously seek opportunities to simplify, consolidate and automate existing M&T disciplines and activities
• Develop repeatable solutions for automated and 'full population' control testing.
• Acquire and analyze data from multiple sources and systems across the CIB/AWM/CF/CB to reach and support conclusions.
• Visualize data in order to effectively communicate findings and themes.
• Stay abreast of new tools and technologies to assist the team in creating the most efficient and effective data strategies.
• Comply with JPMorgan Chase technology and data standards and policies.
• Deliver data-based analysis, reporting and metrics for a variety of purposes in support of CCOR M&T's global program

Requirements:

Further to what has been outlined above the ideal candidate should:

• 8+ years of relevant experience
• Knowledge and understanding of financial services industry: Compliance, Risk management, Audit
• Knowledge of AML, CDD, KYC, Process Testing (1LoD / 2LoD), Sanctions.
• A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting will also act as an added advantage.
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Ability to translate and summarize complex data into understandable, actionable information and recommendations
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
• 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
• Ability to innovate, challenge the status quo and identify automation / process re-engineering opportunities.
• Excellent verbal & written communication including interpersonal skills with the ability to present complex and sensitive concepts to senior management.
• Enthusiastic, self-motivated, strong interest in learning, effective under pressure and willing to take personal responsibility / accountability.
• Experience working with large complex data sets, drawing conclusions and reporting findings.
• Ability to manage multiple tasks concurrently in an efficient and effective manner with minimal supervision.
• Have flexibility regarding working hours

About Us:

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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team:

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.

Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm's needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.