Control Programs - Associate

Control Programs - Associate

As the first line of defense for JPMorgan Chase & Co. (JPMC), Control Management prevents, detects and monitors operational, regulatory, and reputational risks. In support of operational excellence, we play a key role in meeting our client commitments and act as a driving force behind the strategic priorities that will future proof our business in an ever-changing global landscape. 

Reporting to Control Manager – Commercial Banking in India, you will be part of an agile, future focused, and collaborative team. On any day of the week, you might assess the operational strengths and vulnerabilities involved in a recent acquisition, design enhancements to our business platform to support new and existing products, develop an advanced technology solution built with machine learning to drive process improvement, or proactively identify and respond to high profile issues or emerging risks of utmost importance to C-suite level committees. 

You are empowered to add value and make an impact from day one. In Control Management you are exposed to a stimulating and rewarding environment, where a wide range of investment and banking activities require engagement with cross-disciplinary teams to build creative solutions. 

Job Summary:

As a Control Programs - Associate within the Control Management team at JPMorgan Chase & Co., you will be the first line of defense, preventing, detecting, and monitoring operational, regulatory, and reputational risks. You will play a key role in supporting operational excellence and meeting client commitments. You will be part of an agile, future-focused, and collaborative team, promoting strategic priorities to future-proof our business in an ever-changing global landscape. You will have the opportunity to assess operational strengths and vulnerabilities, design enhancements to our business platform, develop advanced technology solutions, and proactively identify and respond to high-profile issues or emerging risks. You will be empowered to add value and make an impact from day one, in a stimulating and rewarding environment that requires engagement with cross-disciplinary teams to build creative solutions.

Job Responsibilities:

• Monitor compliance of policies and procedures relative to operational and regulatory risk exposure
• Evaluate and perform an end-to-end analysis of the WLS / CB program’s risk and control environment to
  • Assess the environment,
  • identify significant gaps and weaknesses in the control environment,
  • Build and implement the risk management strategies for the gaps & weaknesses identified.
• Design and implement controls that are designed effectively and operate efficiently. 
  • Build a system of smart/ automated preventive controls to proactively manage risk.
  • Implement change management protocols that addresses change, program and operational risk.
• Build/ Establish Key Risk Indicator framework to ensure appropriateness of Metrics and KPIs 
• Perform reviews and deep dives into 
  • Emerging risk areas and 
  • Transitions and Migrations to provide holistic and meaningful solutions for risk mitigation & process improvement
• Development and document Control & Operational Risk Evaluation mapping through participation in end-to-end process walkthroughs and deep dives with program/project managers
• Drive in building a proactive Risk culture and conduct training and awareness around risk management and mitigation (transaction life cycle, risk reporting, SOX, etc.)
• Establish and reinforce control governance and reporting

Required Qualifications, Skills and Capabilities: 

1. Knowledge of investment banking products including Loans
2. Risk Certifications such as ORM/ PRM/ APRM/ CIA/ CRISC/ CORM
3. Lean/ Six Sigma knowledge and experience
4. Experience in promoting risk based process improvement using (not exhaustive) is preferred
5. Candidates with knowledge of loan systems like Loan IQ/ ACBS
6. A curious mind that prefers to go deep to understand details