Compliance and Operations Risk Test Senior Specialist

Location: Metro Manila, National Capital Region, Philippines

Job Family: Compliance & Ops Risk Testing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong presence in the Asia Pacific region, including our operations in Metro Manila, Philippines. As a Compliance and Operations Risk Test Senior Specialist in the Compliance & Ops Risk Testing category, you will play a pivotal role in driving risk management excellence. Your primary focus will be executing precise testing of controls to identify vulnerabilities in our operational and compliance frameworks, ensuring that our banking, investment, and asset management services adhere to the highest standards of integrity and regulatory compliance. This position offers the opportunity to collaborate with diverse teams across the firm, contributing to a robust control environment that safeguards our clients and stakeholders in the dynamic financial services landscape. In this senior specialist role, you will lead the development and implementation of risk testing programs tailored to JP Morgan Chase's global operations, with a specific emphasis on the Philippine market. You will conduct thorough assessments of processes related to transaction monitoring, data integrity, and regulatory reporting, utilizing advanced methodologies to evaluate control effectiveness. By partnering with business leaders and risk officers, you will help remediate identified issues, fostering a culture of proactive risk mitigation. Your work will directly support our commitment to ethical banking practices, compliance with local regulations from the Bangko Sentral ng Pilipinas, and alignment with international standards, ultimately enhancing the resilience of our financial services offerings. We seek a detail-oriented professional passionate about operational excellence in finance. Joining JP Morgan Chase means becoming part of an innovative team that values diversity, professional growth, and work-life balance. This role in Metro Manila provides exposure to cutting-edge risk technologies and global projects, positioning you for career advancement within one of the world's most respected financial institutions. If you thrive in a fast-paced environment and are dedicated to upholding the integrity of financial operations, we invite you to contribute to our mission of powering the progress of individuals and communities worldwide.

Key Responsibilities

• Execute comprehensive testing of compliance and operational risk controls across JP Morgan Chase's business lines in the Philippines
• Identify and assess potential risks in operational processes, recommending enhancements to mitigate exposures
• Collaborate with business units, compliance teams, and senior management to ensure alignment with firm-wide risk standards
• Develop and maintain testing plans, including sampling methodologies and documentation of findings
• Validate remediation actions for identified issues, tracking progress and reporting on control effectiveness
• Conduct root cause analysis for risk events and contribute to the continuous improvement of the control environment
• Prepare detailed reports and presentations on testing outcomes for regulatory and internal stakeholders
• Stay abreast of evolving regulatory landscapes in financial services and integrate changes into testing protocols
• Support training initiatives for teams on risk awareness and compliance best practices
• Participate in audits and regulatory examinations, providing expert insights on operational risk management

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field
• Minimum of 5 years of experience in compliance, operational risk management, or internal audit within the financial services industry
• Proven expertise in risk testing methodologies, including control testing and issue validation
• Strong understanding of regulatory requirements such as those from the Bangko Sentral ng Pilipinas (BSP) and global standards like Basel III
• Experience in collaborating with cross-functional teams in a large-scale banking environment
• Proficiency in data analysis tools and risk assessment frameworks
• Ability to obtain relevant certifications such as Certified Regulatory Compliance Manager (CRCM) or equivalent

Preferred Qualifications

• Advanced degree (Master's or MBA) in Risk Management or Finance
• Prior experience working at a global financial institution like JP Morgan Chase
• Familiarity with JP Morgan's internal risk management systems and tools
• Knowledge of anti-money laundering (AML) and know-your-customer (KYC) compliance in the Asian Pacific region
• Experience in leading risk testing projects in a multicultural, remote-hybrid setting

Required Skills

• Risk assessment and control testing expertise
• Regulatory compliance knowledge in banking
• Data analysis and reporting proficiency
• Project management and execution skills
• Strong analytical and problem-solving abilities
• Excellent communication and stakeholder management
• Attention to detail and accuracy in documentation
• Proficiency in Microsoft Office Suite and risk management software (e.g., Archer or similar)
• Understanding of financial products and services
• Team collaboration in multicultural environments
• Adaptability to changing regulatory environments
• Root cause analysis techniques
• Report writing and presentation skills
• Time management and prioritization
• Ethical judgment in high-stakes financial 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, including tuition reimbursement and access to JP Morgan's learning platforms
• Employee wellness programs with gym memberships and mental health support
• Flexible work arrangements, including hybrid options in Metro Manila
• Global mobility opportunities within JP Morgan Chase's international network

JP Morgan Chase is an equal opportunity employer.