Compliance and Ops Risk Test Sr 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 pivotal role in safeguarding the integrity of our operations by ensuring robust control environments. As a Compliance and Ops Risk Test Sr Specialist in Bengaluru, Karnataka, you will drive risk management excellence through precise testing execution and collaborative efforts to enhance controls. This role is integral to our firm's commitment to regulatory compliance and operational resilience in the dynamic financial services landscape, where you'll contribute to mitigating risks that could impact our global clients and stakeholders. In this senior specialist position, you will lead the design and implementation of testing programs for compliance and operational risks, focusing on areas such as transaction monitoring, anti-money laundering (AML), and cybersecurity controls. Working within our state-of-the-art Bengaluru campus, you'll partner with business units, technology teams, and senior leadership to identify vulnerabilities and validate remediation efforts. Your work will directly support JP Morgan Chase's adherence to international standards like Basel III and local RBI regulations, ensuring our financial products and services remain secure and trustworthy. Expect to engage in data-driven analysis, leveraging tools to uncover insights that strengthen our risk posture across retail banking, corporate finance, and investment services. We seek a proactive professional passionate about financial risk management, with a track record of fostering a culture of compliance in high-volume banking environments. This role offers exposure to cutting-edge risk technologies and opportunities to influence firm-wide policies, all while benefiting from JP Morgan's collaborative culture and professional growth resources. Join us in Bengaluru to help build a more resilient future for one of the world's most admired financial institutions.

Key Responsibilities

• Execute comprehensive testing of compliance and operational risk controls across JP Morgan Chase's business lines in Bengaluru
• Collaborate with cross-functional teams to identify, assess, and mitigate risks in financial services operations
• Develop and maintain testing methodologies, ensuring alignment with firm-wide risk management standards
• Analyze test results, document findings, and recommend actionable improvements to control environments
• Support regulatory reporting and audits by providing evidence of control effectiveness and risk mitigation
• Monitor emerging risks in the financial sector, including fintech disruptions and cybersecurity threats
• Facilitate training and awareness programs on compliance and ops risk for junior team members
• Contribute to the continuous improvement of risk testing processes to drive excellence in JP Morgan's global operations
• Liaise with senior stakeholders to ensure testing outcomes inform strategic risk decisions

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, or internal audit within the financial services industry
• Strong understanding of regulatory frameworks such as Basel III, Dodd-Frank, and local Indian regulations like RBI guidelines
• Proven experience in conducting risk testing, control assessments, and issue validation in a banking environment
• Certification in risk management, such as CRISC, CISA, or FRM
• Excellent analytical skills with the ability to interpret complex data and regulatory requirements
• Proficiency in English; additional languages like Hindi are a plus for the Bengaluru location

Preferred Qualifications

• Advanced degree (MBA or Master's in Risk Management) from a recognized institution
• Experience working in a global financial institution like JP Morgan Chase, with exposure to cross-border compliance
• Knowledge of automated testing tools and data analytics platforms used in financial risk management
• Prior involvement in enhancing control environments for operational resilience in high-stakes banking operations

Required Skills

• Expertise in operational risk frameworks and compliance testing methodologies
• Proficiency in data analysis tools like SQL, Excel, and Tableau for risk assessments
• Strong knowledge of financial regulations and banking operations
• Analytical thinking and problem-solving abilities
• Excellent communication skills for reporting and stakeholder collaboration
• Attention to detail in executing precise risk tests
• Project management skills to lead testing initiatives
• Adaptability to evolving regulatory landscapes in global finance
• Team collaboration and leadership in multicultural environments
• Familiarity with GRC (Governance, Risk, and Compliance) software
• Risk modeling and scenario analysis techniques
• Ethical judgment in handling sensitive financial data
• Time management for meeting tight regulatory deadlines
• Technical writing for documentation of test findings

Benefits

• Competitive base salary and performance-based annual bonuses aligned with JP Morgan's compensation philosophy
• 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 flexible work arrangements
• Stock purchase plan allowing participation in JP Morgan Chase's equity growth
• Relocation assistance for the Bengaluru location, plus access to on-site amenities in JP Morgan's state-of-the-art campus

JP Morgan Chase is an equal opportunity employer.