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 Ops Risk Testing team plays a critical role in safeguarding the firm by ensuring robust risk management practices. As an Associate, Compliance and Ops Risk Test Specialist in Bengaluru, India, you will drive risk management excellence by executing precise testing programs and collaborating with diverse teams to strengthen control environments. This role is pivotal in maintaining the integrity of our operations amid evolving regulatory landscapes, contributing to JP Morgan's commitment to ethical banking and client trust. In this position, you will conduct comprehensive testing of compliance and operational risk controls, from initial scoping to final reporting, while identifying gaps and recommending improvements. You will partner with business leaders, risk officers, and technology teams to assess processes across lines of business, ensuring alignment with global standards like those from the RBI and international regulators. Your work will involve analyzing complex data sets to uncover potential vulnerabilities, supporting remediation initiatives, and staying ahead of regulatory changes that impact JP Morgan's activities in the Asia-Pacific region and beyond. This role offers exposure to high-impact projects that directly influence the firm's risk posture and operational resilience. We seek a proactive professional passionate about risk management in the financial sector. Joining JP Morgan Chase means becoming part of a dynamic culture that values innovation, diversity, and professional growth. In Bengaluru, our state-of-the-art campus provides a collaborative environment equipped with cutting-edge tools to support your success. If you thrive in a fast-paced setting and are dedicated to upholding the highest standards of compliance, this opportunity allows you to advance your career while making a meaningful impact on one of the world's most respected financial institutions.

Key Responsibilities

• Execute end-to-end testing of compliance and operational risk controls, including planning, fieldwork, and reporting
• Identify and assess potential risks in business processes, recommending enhancements to mitigate exposures
• Collaborate with business units, compliance teams, and senior management to ensure adherence to regulatory requirements
• Develop and maintain testing methodologies, templates, and documentation aligned with JP Morgan's risk framework
• Analyze testing results to provide actionable insights and support remediation efforts
• Monitor emerging regulatory changes and their impact on JP Morgan's operations in India and globally
• Contribute to the continuous improvement of the control environment through training and knowledge sharing
• Prepare detailed reports and presentations for leadership on testing outcomes and risk trends
• Support audit and regulatory examinations by providing evidence of control effectiveness

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 relevant 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 cross-functional teams across global locations

Preferred Qualifications

• Advanced certification such as CRISC, CIA, or CISA
• Prior experience in a Big Four consulting firm or major financial institution like JP Morgan Chase
• Knowledge of AML/KYC compliance and operational risk management in investment banking
• Familiarity with JP Morgan's internal risk management systems and tools

Required Skills

• Risk assessment and control testing expertise
• Regulatory compliance knowledge in financial services
• Data analysis and visualization using Excel or Tableau
• Report writing and presentation skills
• Analytical thinking and problem-solving
• Attention to detail and accuracy
• Project management abilities
• Communication and stakeholder engagement
• Understanding of operational risk frameworks
• Familiarity with auditing standards
• Team collaboration and leadership
• Adaptability to changing regulations
• Proficiency in Microsoft Office Suite
• Knowledge of SQL for data querying
• Ethical judgment in high-stakes environments

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with 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 initiatives at JP Morgan campuses
• Global mobility opportunities and career advancement support

JP Morgan Chase is an equal opportunity employer.