Futures & Options - Compliance and Operations Risk Test - Associate - Guangzhou/Shanghai

Location: Guangzhou-Guangzhou, China

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 Asia, particularly in China, where we drive innovation in markets like futures and options. As an Associate in Futures & Options - Compliance and Operations Risk Test, based in Guangzhou or Shanghai, you will play a crucial role in safeguarding our derivatives business against operational and compliance risks. This position involves working within our Corporate & Investment Bank division, focusing on robust risk management frameworks that support our clients in navigating complex financial markets. You will contribute to maintaining the integrity of our trading operations, ensuring alignment with both local Chinese regulations and international standards, while fostering a culture of risk awareness across our dynamic teams. Your primary focus will be on executing independent testing of controls related to futures and options products, including exchange-traded derivatives and over-the-counter instruments. This includes evaluating processes for trade execution, margining, and reconciliation to identify vulnerabilities that could lead to financial loss or regulatory non-compliance. Collaborating with traders, operations staff, and compliance officers, you will leverage data analytics to uncover insights and recommend enhancements to our risk mitigation strategies. In this high-impact role, you will also engage with regulators such as the China Securities Regulatory Commission (CSRC) and contribute to JP Morgan's global risk governance initiatives, helping to uphold our reputation as a trusted partner in the financial services industry. We value professionals who thrive in a fast-paced environment and are passionate about risk management in emerging markets. This opportunity offers exposure to cutting-edge financial technologies and the chance to grow within one of the world's largest banks. Join us to make a meaningful difference in building resilient operations that support sustainable growth in Asia's vibrant derivatives landscape.

Key Responsibilities

• Conduct comprehensive testing of compliance and operations risk controls within the Futures & Options business line
• Identify and assess potential risks in trading, clearing, and settlement processes for derivatives products
• Develop and execute risk-based testing programs to ensure adherence to internal policies and external regulations
• Collaborate with cross-functional teams in Guangzhou and Shanghai to mitigate identified risks and implement remediation plans
• Prepare detailed reports on testing outcomes, including findings, recommendations, and follow-up actions for senior management
• Monitor regulatory changes in futures and options markets and update testing methodologies accordingly
• Support audit and regulatory examinations by providing evidence of control effectiveness
• Train and mentor junior team members on compliance testing best practices
• Analyze data from trading systems to detect anomalies and potential operational risks

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Law, or a related field
• Minimum of 3 years of experience in compliance, operations risk, or internal audit within the financial services industry
• Strong understanding of futures and options markets, including regulatory requirements in China and globally
• Proficiency in risk assessment methodologies and compliance testing frameworks
• Fluency in Mandarin and English, with excellent written and verbal communication skills
• Relevant certifications such as FRM (Financial Risk Manager) or CIA (Certified Internal Auditor)

Preferred Qualifications

• Experience working in a multinational financial institution like JP Morgan Chase
• Knowledge of Chinese financial regulations (e.g., CSRC guidelines) and international standards (e.g., Basel III)
• Prior involvement in derivatives trading compliance or operations risk testing
• Advanced degree (Master's or MBA) in a finance-related discipline

Required Skills

• Risk assessment and compliance testing
• Knowledge of futures and options derivatives
• Regulatory compliance in financial markets
• Data analysis and reporting
• Attention to detail
• Problem-solving abilities
• Communication and stakeholder management
• Proficiency in Microsoft Excel and data visualization tools
• Understanding of trading systems and risk management software
• Analytical thinking
• Team collaboration
• Time management and prioritization
• Adaptability to regulatory changes
• Ethical judgment in high-stakes environments
• Project management skills

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 public holidays
• Professional development opportunities, such as tuition reimbursement and access to JP Morgan's learning platforms
• Employee wellness programs, including gym memberships and mental health support
• Flexible work arrangements and hybrid office options in Guangzhou/Shanghai
• Global mobility programs for career advancement within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.