Analyst, Compliance and Ops Risk Test Specialist

Location: Mumbai, Maharashtra, India

Job Family: Compliance & Ops Risk Testing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a commitment to excellence in compliance and risk management. As an Analyst, Compliance and Ops Risk Test Specialist in our Mumbai office, you will play a pivotal role in enhancing our robust framework for identifying and mitigating operational risks. This position within the Compliance & Ops Risk Testing category involves conducting precise testing of controls across various business lines, including investment banking, asset management, and commercial banking. You will collaborate with cross-functional teams to ensure our operations align with stringent regulatory requirements and internal policies, contributing to the firm's reputation for integrity and reliability in the financial services industry. Your day-to-day responsibilities will include designing and executing risk-based testing programs, analyzing results for potential vulnerabilities, and partnering with stakeholders to implement effective remediation strategies. In this dynamic environment, you will leverage your expertise in regulatory frameworks like those from the RBI and global standards to support JP Morgan Chase's mission of delivering superior client outcomes while managing risks proactively. This role offers exposure to sophisticated financial products and processes, allowing you to grow your career in a supportive, innovative setting. We value professionals who thrive in collaborative settings and are passionate about upholding the highest standards of compliance. Joining JP Morgan Chase means becoming part of a diverse team dedicated to fostering a culture of risk awareness and operational excellence. If you are detail-oriented and eager to make an impact in the financial sector, this opportunity in Mumbai will provide the platform to advance your expertise while benefiting from our world-class resources and development programs.

Key Responsibilities

• Conduct comprehensive testing of compliance and operational risk controls to identify potential gaps and ensure adherence to JP Morgan Chase policies
• Collaborate with business units and control functions to develop and execute risk-based testing programs
• Analyze test results, document findings, and recommend remediation actions to mitigate risks
• Monitor regulatory changes and assess their impact on JP Morgan's compliance framework
• Prepare detailed reports on testing outcomes for senior management and regulatory submissions
• Support the development of testing methodologies and tools to enhance efficiency in the Compliance & Ops Risk Testing team
• Participate in cross-functional initiatives to integrate risk testing into daily operations
• Ensure all testing activities comply with internal standards and external regulations in the financial services sector
• Train junior team members on compliance testing best practices

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Law, or a related field
• Minimum of 2-3 years of experience in compliance, operational risk, or internal audit within the financial services industry
• Strong understanding of regulatory frameworks such as Basel III, Dodd-Frank, or Indian RBI guidelines
• Proficiency in risk assessment methodologies and testing protocols
• Excellent analytical and problem-solving skills with attention to detail
• Ability to work collaboratively in a team environment and manage multiple priorities

Preferred Qualifications

• Advanced certification such as CRCM (Certified Regulatory Compliance Manager) or CIA (Certified Internal Auditor)
• Experience in testing compliance controls at a global financial institution like JP Morgan Chase
• Knowledge of data analytics tools for risk testing and reporting
• Prior exposure to operational risk management in investment banking or asset management

Required Skills

• Regulatory compliance knowledge
• Operational risk assessment
• Data analysis and interpretation
• Report writing and documentation
• Problem-solving and critical thinking
• Attention to detail
• Team collaboration and communication
• Project management
• Proficiency in Microsoft Excel and PowerPoint
• Familiarity with risk management software (e.g., Archer or similar)
• Analytical mindset
• Adaptability to changing regulations
• Time management
• Ethical judgment
• Stakeholder engagement

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement for certifications
• Employee wellness initiatives and gym membership discounts
• Flexible work arrangements including hybrid options in Mumbai
• Global mobility opportunities within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.