Associate, Compliance and Ops Risk Test Lead

Location: Bengaluru, Karnataka, India

Job Family: Compliance & Ops Risk Testing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with operations spanning investment banking, consumer and community banking, commercial banking, and asset and wealth management. Our Compliance and Ops Risk Testing team plays a critical role in safeguarding the integrity of our operations by ensuring robust risk management practices. As an Associate, Compliance and Ops Risk Test Lead in Bengaluru, Karnataka, you will spearhead testing initiatives that evaluate the effectiveness of controls across our financial services platforms. This role demands a strategic mindset to drive decisions that enhance compliance and operational resilience, while collaborating with diverse teams to uphold our commitment to regulatory excellence and client trust. In this position, you will lead comprehensive testing processes, from planning and execution to analysis and reporting, focusing on key areas such as transaction monitoring, regulatory reporting, and operational workflows. You will identify control weaknesses, recommend remediation strategies, and ensure alignment with JP Morgan Chase's enterprise-wide risk framework. Working in our dynamic Bengaluru hub, you will partner with global stakeholders to address emerging risks in the financial industry, including those related to digital banking innovations and geopolitical factors. Your insights will directly influence strategic decisions that protect our assets and maintain our reputation as a trusted financial leader. We seek a proactive leader with deep expertise in financial compliance who thrives in a fast-paced environment. This role offers the opportunity to grow within one of the world's most admired financial institutions, contributing to initiatives that shape the future of risk management. Join JP Morgan Chase to leverage your skills in a supportive culture that values innovation, integrity, and impact.

Key Responsibilities

• Lead the design, execution, and reporting of compliance and operational risk testing programs to ensure adherence to JP Morgan Chase's global standards
• Evaluate the effectiveness of internal controls, identify gaps, and recommend enhancements to mitigate risks in financial operations
• Collaborate with business units in Bengaluru and globally to conduct risk assessments and drive remediation actions
• Develop and implement testing strategies that align with regulatory requirements and the firm's risk appetite
• Analyze testing outcomes, prepare detailed reports, and present findings to senior management and regulatory bodies
• Mentor junior team members and foster a culture of compliance awareness within the organization
• Monitor emerging risks in the financial services landscape and integrate them into testing frameworks
• Ensure timely resolution of control deficiencies and track key performance indicators for risk management
• Support audit processes by providing testing evidence and insights into operational resilience
• Contribute to strategic initiatives aimed at enhancing JP Morgan Chase's overall risk governance

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Law, or a related field
• Minimum of 5 years of experience in compliance, operational risk management, or internal audit within the financial services industry
• Proven track record in leading testing programs for controls and risk assessments in a banking environment
• Strong understanding of regulatory frameworks such as Basel III, Dodd-Frank, and local Indian regulations like RBI guidelines
• Experience with risk management tools and methodologies, including control testing and issue remediation
• Ability to analyze complex data and provide actionable insights for senior stakeholders
• Professional certification such as CRISC, CISA, or CIA

Preferred Qualifications

• Advanced degree (MBA or Master's in Risk Management) from a recognized institution
• Prior experience at a global financial institution like JP Morgan Chase or similar
• Knowledge of technology-enabled risk testing, including automation tools for compliance monitoring
• Familiarity with anti-money laundering (AML) and know-your-customer (KYC) processes
• Leadership experience in cross-functional teams within a multinational banking setting

Required Skills

• Expertise in risk assessment and control testing methodologies
• Proficiency in data analytics tools like SQL, Excel, and Tableau
• Strong knowledge of financial regulations and compliance standards
• Excellent analytical and problem-solving abilities
• Leadership and team management skills
• Effective communication, both written and verbal, for stakeholder engagement
• Project management experience using Agile or similar frameworks
• Attention to detail in reviewing complex financial documentation
• Adaptability to evolving regulatory environments
• Technical proficiency in risk management software (e.g., Archer or similar)
• Interpersonal skills for cross-functional collaboration
• Strategic thinking for long-term risk mitigation
• Familiarity with cybersecurity and operational resilience in banking
• Report writing and presentation skills for executive audiences
• Ethical judgment in high-stakes compliance scenarios

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, including tuition reimbursement and access to internal training at JP Morgan Chase University
• Employee wellness initiatives, such as gym memberships and mental health support
• Flexible work arrangements, including hybrid options in Bengaluru
• Stock purchase plan and other financial perks tailored to financial services professionals

JP Morgan Chase is an equal opportunity employer.