Associate, Inter Affiliate Oversight

Location: Bengaluru, Karnataka, India

Job Family: Operating Risk & Control Mgt

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. The Associate, Inter Affiliate Oversight role within our Operating Risk & Control Management team in Bengaluru, India, plays a critical part in safeguarding the integrity of our inter-affiliate transactions. Reporting to the Senior Manager of Inter Affiliate Oversight, you will be responsible for monitoring and reviewing transactions between JP Morgan entities to ensure they comply with internal governance standards, regulatory requirements, and best practices in risk management. This position demands a keen eye for detail and a deep understanding of the complexities involved in global banking operations, where affiliate relationships can introduce unique risks such as conflicts of interest or regulatory non-compliance. In this senior associate-level role, you will lead oversight activities that include assessing transaction documentation, performing risk evaluations, and collaborating with cross-functional teams across regions. You will utilize advanced analytical tools to scrutinize data for potential issues, develop mitigation strategies, and contribute to the continuous improvement of our control frameworks. Working in a dynamic environment at JP Morgan's Bengaluru technology and operations hub, you will interact with stakeholders from legal, compliance, and business lines to foster a culture of proactive risk management. This role offers exposure to high-impact projects that directly influence the firm's global compliance posture and operational resilience. We seek candidates who thrive in a fast-paced, collaborative setting and are passionate about the financial services industry. Joining JP Morgan Chase means becoming part of a world-class team dedicated to innovation and excellence, with opportunities for career growth in one of the most prestigious institutions in finance. If you have a strong background in risk oversight and a commitment to upholding the highest standards of integrity, this position provides a platform to make meaningful contributions to our mission of enabling the world's most important businesses.

Key Responsibilities

• Conduct comprehensive reviews and oversight of inter-affiliate transactions to ensure compliance with internal policies and regulatory standards
• Identify, assess, and mitigate risks associated with affiliate relationships across JP Morgan Chase's global entities
• Develop and maintain oversight frameworks, including monitoring protocols and reporting mechanisms for inter-affiliate activities
• Collaborate with business units, legal, and compliance teams to resolve identified issues and implement corrective actions
• Prepare detailed reports and presentations on oversight findings for senior management and regulatory bodies
• Monitor emerging regulatory changes impacting inter-affiliate dealings and recommend policy updates
• Support the design and execution of training programs on inter-affiliate risk management for relevant stakeholders
• Analyze transaction data using advanced tools to detect anomalies and potential conflicts of interest
• Contribute to the enhancement of JP Morgan's Operating Risk & Control Management practices
• Ensure adherence to ethical standards and conflict-of-interest guidelines in all affiliate interactions

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Accounting, or a related field
• Minimum of 5-7 years of experience in risk management, compliance, or oversight within the financial services industry
• Strong understanding of regulatory requirements for inter-affiliate transactions, including Basel III and Dodd-Frank regulations
• Proven experience in conducting audits, reviews, or oversight of affiliate relationships in a banking environment
• Ability to analyze complex financial data and identify potential risks in inter-affiliate dealings
• Professional certification such as Certified Internal Auditor (CIA) or Chartered Financial Analyst (CFA)
• Experience working in a global financial institution with cross-border affiliate oversight

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) with a focus on risk management
• Prior experience at a major bank like JP Morgan Chase in operating risk and control functions
• Knowledge of JP Morgan's internal policies on affiliate transactions and governance
• Familiarity with technology tools for risk monitoring, such as data analytics platforms
• Demonstrated leadership in managing oversight teams in a multicultural setting

Required Skills

• Proficiency in financial risk assessment and modeling
• Strong analytical and problem-solving abilities
• Excellent knowledge of banking regulations and compliance frameworks
• Data analysis skills using tools like Excel, SQL, or Tableau
• Effective communication and stakeholder management
• Attention to detail and accuracy in reporting
• Project management expertise for oversight initiatives
• Understanding of affiliate transaction structures in financial services
• Risk identification and mitigation techniques
• Leadership and team collaboration skills
• Adaptability to regulatory changes
• Proficiency in Microsoft Office Suite and financial software
• Ethical decision-making in high-stakes environments
• Cross-cultural communication for global teams
• Technical writing for policy and report documentation

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 opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee wellness programs including gym memberships and mental health support
• Flexible work arrangements, including hybrid options in Bengaluru
• Global mobility programs for career advancement within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.