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 Operational Risk teams play a critical role in safeguarding the integrity of our business by ensuring adherence to regulatory standards and mitigating operational risks. As an Associate, Compliance and Ops Risk Test Lead in our Bengaluru, Karnataka location, you will spearhead efforts to assess and strengthen controls across our financial operations, contributing to the firm's commitment to ethical practices and operational excellence in a dynamic regulatory landscape. In this pivotal role, you will lead risk assessments, pinpoint control deficiencies, and orchestrate remediation initiatives to bolster compliance and efficiency. Reporting to the Compliance and Ops Risk leadership, you will collaborate with cross-functional teams in Bengaluru and globally to execute testing programs that align with JP Morgan's robust risk management framework. Your work will involve analyzing complex financial processes, leveraging data-driven insights to identify gaps, and driving actionable improvements that protect the firm from regulatory penalties and operational disruptions. This position offers the opportunity to influence high-stakes decisions in a supportive environment that values innovation and professional growth. We seek a proactive leader with deep expertise in financial services compliance, capable of navigating intricate regulatory environments like those governed by the RBI and international standards. By joining JP Morgan Chase, you will be part of a world-class team dedicated to upholding the highest standards of risk management, while benefiting from our comprehensive development resources and global network. This role is ideal for a seasoned professional ready to advance their career in operational risk testing within one of the most prestigious financial institutions worldwide.

Key Responsibilities

• Lead comprehensive risk assessments and control testing for compliance and operational risk areas within JP Morgan Chase's Bengaluru operations
• Identify control gaps and vulnerabilities in financial processes, recommending enhancements to mitigate risks
• Drive remediation efforts by collaborating with business units to implement corrective actions and monitor progress
• Develop and execute testing strategies aligned with JP Morgan's global risk framework and regulatory requirements
• Prepare detailed reports on testing outcomes, risk exposures, and remediation status for senior management and regulators
• Mentor junior team members in compliance testing methodologies and best practices
• Stay abreast of evolving financial regulations and industry standards to ensure JP Morgan's compliance posture remains robust
• Facilitate cross-functional workshops to promote a culture of risk awareness and operational efficiency
• Analyze data from testing activities to identify trends and systemic issues in operational processes
• Support audit and regulatory interactions by providing evidence of control effectiveness

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 risk assessments and testing programs in a banking or financial institution environment
• Strong understanding of regulatory frameworks such as Basel III, Dodd-Frank, and local Indian regulations like RBI guidelines
• Experience with control testing methodologies and remediation planning
• Ability to work in a fast-paced, global team setting with cross-functional stakeholders
• Professional certification such as CRCM, CIA, or CISA

Preferred Qualifications

• Advanced degree (MBA or Master's in Risk Management)
• Experience in leading compliance testing at a multinational bank like JP Morgan Chase
• Knowledge of data analytics tools for risk identification in financial operations
• Prior involvement in regulatory audits or examinations
• Familiarity with JP Morgan's internal risk management systems and processes

Required Skills

• Expertise in compliance and operational risk frameworks
• Proficiency in risk assessment and control testing techniques
• Strong analytical and problem-solving abilities
• Excellent communication and stakeholder management skills
• Knowledge of financial regulations and banking operations
• Experience with data analysis tools like Excel, SQL, or Tableau
• Project management and leadership capabilities
• Attention to detail and ethical judgment
• Adaptability to regulatory changes in the financial sector
• Team collaboration and mentoring skills
• Report writing and presentation proficiency
• Understanding of audit standards and internal controls
• Risk mitigation strategy development
• Cross-cultural communication for global teams
• Technical aptitude in compliance software and systems

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 stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan campuses
• Global mobility opportunities and career advancement support within the firm

JP Morgan Chase is an equal opportunity employer.