Associate, Compliance and Ops Risk Test Specialist

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 Operations Risk team plays a critical role in safeguarding the integrity of our business by ensuring robust risk management practices. As an Associate, Compliance and Ops Risk Test Specialist in our Bengaluru office, you will drive risk management excellence through precise testing and cross-functional collaboration to strengthen control environments across our financial services operations. This role is pivotal in maintaining the high standards of regulatory compliance that define JP Morgan Chase's reputation in the industry. In this position, you will execute independent testing programs to evaluate the effectiveness of compliance and operational risk controls, identifying potential vulnerabilities in processes related to lending, payments, and investment services. You will partner with diverse teams including front-office business lines, technology, and legal to remediate issues and implement enhanced controls. Leveraging your expertise in financial regulations, you will analyze complex data sets to uncover insights that inform strategic risk decisions, contributing to the firm's overall resilience against operational disruptions and regulatory scrutiny. Joining JP Morgan Chase means becoming part of a dynamic culture that values innovation, integrity, and inclusion. In Bengaluru, a key hub for our technology and operations, you will have access to cutting-edge tools and global projects that impact millions of clients worldwide. This role offers opportunities for professional growth, including exposure to senior leadership and involvement in high-impact initiatives that shape the future of financial risk management at one of the world's most admired banks.

Key Responsibilities

• Execute independent testing of compliance and operational risk controls to identify gaps and ensure adherence to JP Morgan Chase policies
• Collaborate with business units, compliance teams, and senior management to develop and enhance risk mitigation strategies
• Conduct detailed reviews of transactional data, processes, and documentation to assess control effectiveness
• Prepare comprehensive reports on testing outcomes, including findings, recommendations, and remediation plans
• Monitor regulatory changes and industry best practices to update testing methodologies accordingly
• Support the implementation of corrective actions and track progress to closure
• Facilitate training sessions for teams on compliance and operational risk awareness
• Contribute to the continuous improvement of the firm's risk management framework
• Analyze emerging risks in financial products and services offered by JP Morgan Chase

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field
• Minimum of 3-5 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 RBI guidelines applicable to banking operations
• Proficiency in risk assessment methodologies and control testing procedures
• Experience with data analysis tools and reporting in a compliance environment
• Ability to work collaboratively in a fast-paced, global team setting

Preferred Qualifications

• Advanced certification such as CRISC, CISA, or CIA
• Prior experience in a Big Four consulting firm or major financial institution like JP Morgan Chase
• Knowledge of anti-money laundering (AML) and know-your-customer (KYC) regulations
• Familiarity with JP Morgan's internal risk management systems and tools

Required Skills

• Risk assessment and control testing expertise
• Regulatory compliance knowledge in banking
• Data analysis and visualization (e.g., Excel, Tableau)
• Report writing and presentation skills
• Attention to detail and analytical thinking
• Project management abilities
• Communication and stakeholder engagement
• Problem-solving in complex environments
• Familiarity with financial regulations (e.g., SOX, GDPR)
• Proficiency in risk management software
• Team collaboration and leadership
• Adaptability to changing priorities
• Ethical judgment and integrity
• Quantitative analysis skills
• Time management in high-pressure settings

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 Chase facilities
• Global mobility opportunities and career advancement support

JP Morgan Chase is an equal opportunity employer.