Associate, Tcoe Risk And Control Testing

Job Category Compliance and Ops Risk Testing If you are a strategic thinker passionate about driving solutions and mitigating risk you have found the right team The Testing CoE Center of Excellence team is responsible for ensuring a strong and consistent control environment across the firm This role is a great opportunity to be working with a large Controls Testing team and help establish a newly formed organization which provides the potential hire a good starting point within the firm Job Summary As an Associate within the Testing Center of Excellence 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 overseeing 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 Through collaboration and analytical skills you will contribute to the Testing CoE s overall success and strengthen the firm s compliance with regulatory obligations and industry standards Job responsibilities Lead comprehensive control evaluations and substantive testing to independently assess the design and effectiveness of controls Ensure compliance with internal policies procedures and external laws rules and regulations while identifying necessary remediation actions This includes developing and executing testing procedures meticulously documenting results drawing informed conclusions making actionable recommendations and distributing detailed compliance testing review reports Foster collaboration with Compliance and Operational Risk Officers on various engagements This includes developing detailed test scripts facilitating issue discussions participating in business meetings and drafting comprehensive final reports to ensure alignment and clarity Utilize advanced critical thinking skills to apply substantive testing techniques thoroughly evaluating the effectiveness of high-risk business processes and identifying potential areas for improvement Proactively assess and monitor risks ensuring adherence to firm standards regulatory requirements and industry best practices Implement strategies to mitigate identified risks effectively Collaborate with cross-functional teams and stakeholders to support the design and effectiveness of controls Drive initiatives that enhance the business control environment through recommended updates to the Compliance and Operational Risk Evaluation CORE application Develop and execute robust control test scripts aimed at identifying control weaknesses determining root causes and recommending practical solutions to enhance operational efficiency and control effectiveness Document test steps and results in a comprehensive and organized manner ensuring sufficient support and justification for testing conclusions Maintain a high standard of documentation to facilitate transparency and accountability Lead meetings with business owners at various management levels delivering testing results and supporting sustainable control enhancements Identify and capitalize on opportunities to strengthen controls and improve operational efficiency Required qualifications capabilities and skills 3 years of experience or equivalent expertise in risk management assessment control evaluations or a related field within the financial services industry Possess a strong understanding of industry standards and regulatory requirements Demonstrated ability to analyze complex issues develop and implement effective risk mitigation strategies and communicate insights and recommendations clearly to senior stakeholders Proficient knowledge of risk management frameworks regulations and industry best practices Ability to stay updated with evolving regulatory landscapes and adapt strategies accordingly Exceptional ability to develop and communicate well-founded recommendations based on regulatory guidance and standards ensuring alignment with organizational goals and compliance requirements Highly organized and detail-oriented with a proven track record of managing multiple priorities and delivering results in a fast-paced environment Strong analytical and communication skills with the ability to convey complex information in a clear and concise manner to diverse audiences Preferred qualifications capabilities and skills CISM CRISC CISSP CISA CCEP CRCM CRCMP GRCP or other industry-recognized risk and risk certifications preferred A background in auditing and the ability to understand of internal controls is beneficial Proficiency in MS Microsoft Suite Office - Microsoft Word Excel Access and PowerPoint About Us JPMorganChase 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 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 for more information about requesting an accommodation 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 Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk The team focuses on four areas Control Design Expertise Risks Controls Identification Assessment Issues Control Deficiencies and Control Governance Reporting