Senior Associate- Regulatory Business Analysis

Location: Mumbai, Maharashtra, India

Job Family: Business Analysis

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and excellence. As a Senior Associate in Regulatory Business Analysis, you will play a pivotal role in our Business Analysis team based in Mumbai, Maharashtra, India. This position offers the opportunity to advance your career in a dynamic environment where creativity and precision drive our commitment to regulatory excellence. You will work closely with diverse teams to navigate the complex landscape of financial regulations, ensuring our operations remain compliant and resilient in a rapidly evolving industry. In this role, you will analyze intricate regulatory requirements from global and local authorities, translating them into practical business solutions that support JP Morgan Chase's core businesses in investment banking, consumer finance, and asset management. Your responsibilities will include collaborating with compliance, risk, and technology stakeholders to identify process improvements, document requirements, and implement changes that mitigate risks while enhancing efficiency. You will contribute to high-impact projects, such as adapting to new Basel accords or SEBI guidelines, leveraging your expertise to safeguard our clients and the firm against regulatory challenges. We value professionals who thrive in a collaborative, innovative culture. As part of JP Morgan Chase's global network, you will have access to cutting-edge tools, mentorship from industry leaders, and opportunities for career growth. If you are passionate about the intersection of finance and regulation, and eager to make a meaningful impact, join us in Mumbai to help shape the future of responsible banking.

Key Responsibilities

• Conduct detailed analysis of regulatory requirements and translate them into actionable business needs for JP Morgan Chase's operations
• Collaborate with cross-functional teams including compliance, risk, and technology to ensure regulatory adherence
• Develop and maintain business requirements documentation, process flows, and user stories for regulatory initiatives
• Identify gaps in current processes and recommend enhancements to mitigate regulatory risks
• Support the implementation of regulatory changes through testing, training, and stakeholder engagement
• Monitor regulatory updates from bodies like RBI, SEC, or ESMA and assess their impact on JP Morgan's business lines
• Facilitate workshops and meetings to gather requirements and resolve issues in regulatory projects
• Prepare reports and presentations for senior management on regulatory compliance status
• Ensure data integrity and accuracy in regulatory reporting systems
• Contribute to the continuous improvement of business analysis practices within the team

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Computer Science, or a related field
• Minimum of 5 years of experience in business analysis, preferably in the financial services industry
• Strong understanding of regulatory frameworks such as Basel III, Dodd-Frank, or SEBI regulations
• Proven experience in regulatory reporting, compliance, or risk management within a banking environment
• Excellent analytical and problem-solving skills with the ability to interpret complex regulatory requirements
• Proficiency in data analysis tools and methodologies
• Ability to work collaboratively in a fast-paced, global team environment

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications like FRM or CFA
• Experience with JP Morgan Chase systems or similar large-scale banking platforms
• Prior exposure to regulatory change management projects in a multinational bank
• Knowledge of agile methodologies and project management tools like Jira
• Familiarity with Indian financial regulations and cross-border compliance

Required Skills

• Regulatory compliance knowledge
• Business requirements gathering
• Data analysis and visualization
• Stakeholder management
• Process mapping and improvement
• Agile and waterfall methodologies
• SQL and database querying
• Financial modeling
• Risk assessment
• Communication (written and verbal)
• Problem-solving
• Attention to detail
• Project coordination
• Microsoft Office Suite proficiency
• Adaptability to changing regulations

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health insurance coverage for employees and dependents
• Retirement savings plan with company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development opportunities through JP Morgan's learning programs and certifications
• Employee wellness programs including gym memberships and mental health support
• Flexible work arrangements and hybrid work options in Mumbai
• Stock purchase plan and other financial perks tailored to financial services professionals

JP Morgan Chase is an equal opportunity employer.