Compliance and Ops Risk Test Lead

Location: Hyderabad, Telangana, 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 integrity of our operations, ensuring adherence to stringent regulatory requirements while driving operational excellence. As the Compliance and Ops Risk Test Lead based in our Hyderabad, Telangana office, you will spearhead efforts to assess and mitigate risks in a dynamic, technology-driven environment. This role is pivotal in maintaining JP Morgan's reputation as a trusted partner in the financial industry, particularly in the rapidly growing Indian market, where we continue to expand our digital banking and payment solutions. In this leadership position, you will oversee end-to-end risk testing programs, from planning and execution to reporting and remediation. You will collaborate closely with business leaders, compliance officers, and technology teams to evaluate controls across key areas such as transaction processing, anti-money laundering (AML), and data governance. By identifying control gaps and recommending actionable improvements, you will contribute directly to enhancing operational efficiency and reducing exposure to regulatory penalties. Your work will involve leveraging advanced analytics to uncover hidden risks in high-volume financial transactions, ensuring that JP Morgan's global standards are upheld in our Indian operations. We seek a strategic thinker with deep expertise in financial risk management to join our team and drive innovation in compliance testing. This role offers the opportunity to influence enterprise-wide initiatives, mentor emerging talent, and grow within one of the world's most admired financial institutions. If you are passionate about protecting against operational threats and thrive in a collaborative, high-impact setting, JP Morgan Chase provides the platform to advance your career while making a meaningful difference in the financial services landscape.

Key Responsibilities

• Lead comprehensive risk assessments and testing activities for compliance and operational risk across JP Morgan Chase's business lines in Hyderabad
• Identify control gaps, deficiencies, and emerging risks in financial processes, ensuring alignment with global regulatory standards
• Develop and execute remediation plans to address identified issues, collaborating with business units to enhance operational efficiency
• Conduct independent testing of controls, including sample reviews, walkthroughs, and validation of mitigation strategies
• Prepare detailed reports on testing outcomes, risk exposures, and recommendations for senior management and regulatory submissions
• Mentor and guide a team of compliance testers, fostering a culture of risk awareness and continuous improvement
• Monitor regulatory changes and industry best practices to update testing methodologies and ensure JP Morgan's compliance posture
• Liaise with internal stakeholders, including Legal, Audit, and Business Operations, to integrate risk testing into daily operations
• Utilize data analytics to enhance testing efficiency and provide insights into potential fraud or operational vulnerabilities
• Contribute to the development of JP Morgan's enterprise-wide risk management strategies, focusing on the Indian market

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Law, or a related field; advanced degree preferred
• Minimum of 7-10 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 (e.g., RBI guidelines)
• Experience in identifying control gaps and driving remediation initiatives in a global banking context
• Professional certifications such as CRCM (Certified Regulatory Compliance Manager), CIA (Certified Internal Auditor), or equivalent
• Ability to work in a fast-paced, high-stakes environment with cross-functional teams

Preferred Qualifications

• Experience working at a major global bank like JP Morgan Chase or similar Tier 1 institution
• Knowledge of JP Morgan's internal compliance and operational risk frameworks
• Familiarity with data analytics tools for risk testing and reporting
• Prior leadership role in managing testing teams across multiple regions
• MBA or specialized training in financial risk management

Required Skills

• Expertise in regulatory compliance and operational risk frameworks in banking
• Proficiency in risk assessment methodologies and control testing techniques
• Strong analytical skills for identifying gaps in financial controls
• Data analytics proficiency using tools like SQL, Excel, or Tableau
• Excellent project management abilities for leading remediation efforts
• Superior communication skills for reporting to senior executives
• Knowledge of financial services regulations (e.g., AML, KYC, SOX)
• Leadership and team management experience in high-pressure environments
• Problem-solving skills to address complex risk scenarios
• Attention to detail in reviewing transactional and operational data
• Adaptability to evolving regulatory landscapes
• Interpersonal skills for cross-functional collaboration
• Technical writing for policy and report documentation
• Risk modeling and scenario analysis capabilities
• Ethical judgment in handling sensitive financial information

Benefits

• Competitive base salary and performance-based annual bonuses aligned with JP Morgan's global compensation structure
• Comprehensive health insurance coverage, including medical, dental, and vision plans for employees and dependents
• Retirement savings plan with employer matching contributions to support long-term financial security
• Generous paid time off, including vacation, sick leave, and parental leave policies
• Professional development opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee wellness programs, including gym memberships, mental health support, and fitness challenges
• Flexible work arrangements, such as hybrid options in the Hyderabad office, to promote work-life balance
• Access to JP Morgan's global mobility programs for career advancement across international locations

JP Morgan Chase is an equal opportunity employer.