Compliance- Quality Assurance - Senior Associate

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 Quality Senior Associate in the Compliance, Conduct & Operational Risk (CCOR) Quality Assurance Monitoring and Testing (M&T) team, you will be responsible for the timely and effective management and execution of the firm’s global monitoring and testing program across multiple lines of business. You will be part of a team of individuals responsible for providing solutions to drive effective controls monitoring and testing techniques using data, and for the execution of certain monitoring and testing engagements. Our team will be covering all Lines of Business within JP Morgan (e.g., Corporate and Investment Bank, Asset Wealth Management, Commercial Bank and Consumer Community Banking). 

Job responsibilities 

• Quality Assurance tests that the execution of the Monitoring and Testing Program in line with the firm’s Testing Standards and Procedures.
• Establish comprehensive test plans.
• Partnership with Monitoring & Testing, Operational Risk and Compliance managers, and business stakeholders. Involvement in departmental projects particularly in relation to the development of the development of the Annual Monitoring and Testing Plan
• Work with global testing partners to support global monitoring and testing assignments as directed.
• Perform ongoing QA reviews of the Compliance functions mentioned, to ensure controls/standards are met
• Question and investigate the reliability and integrity of data, the validity of conclusions and the appropriateness of assumptions made
• Review quality of completed work, based on Firmwide standards.
•  Identify key issues, trends, observations and effectively report summary results to key stakeholders. Ensure consistency with the Global QA framework and governance approach

Required qualifications, capabilities, and skills

• Bachelor’s degree in one or a combination of the following: Finance, Accounting, Analytics, or Reporting.
• Solid understanding of internal control concepts with the ability to evaluate and determine the adequacy of controls by considering business and technology risks in an integrated manner. This includes strong analytical skills particularly in regard to assessing the risks associated with execution deficiencies
• Minimum 3 years of relevant experience in the financial services industry in Compliance, Risk Management, Audit.
• Relevant Operational Risk Management or Compliance experience, alternatively other related experience such as audit, operations or business control management, or similar. An understanding of operational risks and their drivers and be able to challenge the design and effectiveness of the associated business controls
• Strong relationship building skills to influence/negotiate desired outcomes. Excellent interpersonal skills necessary to work effectively with colleagues and senior management. Strong verbal/written communication
• Ability to perform end to end reviews of processes, think through various risks, understand applicability of different regulations and policies and ultimately be able to identify gaps / risks in operating environment
• Good analytical skills, attention to detail and be able to demonstrate a good knowledge of control design and root cause analysis
• Strong interpersonal and influencing skills, with the ability to establish credibility and strong partnership with senior business partners.

 

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