JOB DESCRIPTION
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Monitoring/Testing Senior Associate in the Consumer Banking Compliance Testing team, you will be responsible for the execution of independent risk-based, point-in-time evaluations of the control design adequacy and execution effectiveness, to mitigate compliance, conduct and operational risks. The role requires the performance of complex evaluations of business processes through a comparison of actual processes against expected practices (policies, standards, procedures, laws, rules and regulations). Testing activities often include sophisticated data analytics on large datasets and regular engagement with senior stakeholders across the firm. This is an exciting opportunity to work on key risk initiatives as they become the focus of the firm and across the financial services industry. You will excel at creative thinking and problem solving; be self-motivated, confident and ready to work in a fast-paced, energetic environment
Job Responsibilities
- Perform an independent assessment of the design and effectiveness of controls executed by the lines of business through Monitoring and Testing activities to validate compliance with internal policies and procedures, as well as external laws, rules and regulations and identify any remediation that is required;
- Execute issue validations to ensure effectiveness of action plans implemented by the LOBs for reviews performed;
- Collaborate with the Compliance and Operational Risk Officers on engagements, including developing test scripts, collaboration on issue discussions, business meetings and drafting of final reports;
- Use independent judgment as well as technical, operational, and regulatory experience to perform tasks.
Required qualifications, capabilities and skills
- Bachelor Degree in accounting, economics, finance or other related subjects;
- Minimum 5 years of experience in Compliance, Audit, Risk or other equivalent regulatory background (preferably, in the financial services industry);
- Highly organized and detail-oriented;
- Strong analytical and communication skills;
- Team oriented with strong interpersonal skills and multi-cultural understanding;
- Self-motivated, driven, proactive, personable, and have excellent and efficient communication;
- Problem solver with the ability to work effectively with key stakeholders using strong influencing skills;
- Ability to work under pressure, manage multiple tasks, prioritize workflow with minimal supervision and meet deadlines;
- Ability to make sound decisions, including escalation where appropriate;
- Proficient in Microsoft Word, PowerPoint and Excel.
ABOUT US
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm’s needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.
