Corporate CCOR Monitoring & Testing Associate
Compensation: $125,056.67 - $157,490.00 /year *
Employment Type: Full-Time
Industry: Financial Services - Banking/Investment/Finance
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JPMorgan Chase & Co. (NYSE:
JPM) is a leading global financial services firm with assets of $2.5 trillion
and operations worldwide. The firm is a leader in investment banking, financial
services for consumers and small business, commercial banking, financial
transaction processing, and asset management. A component of the Dow Jones
Industrial Average, JPMorgan Chase & Co. serves millions of consumers in
the United States and many of the worlds most prominent corporate,
institutional and government clients under its J.P. Morgan and Chase brands.
Information about JPMorgan Chase & Co. is available at www.jpmorganchase.comCompliance, Conduct and Operational Risk Overview: Compliance, Conduct and Operational Risk (CCOR) Monitoring and Testing (M&T) activities represent an independent evaluation by the second line of defense of the first line of defense s compliance with laws and regulations, as well as internal policies, standards, and procedures. CCOR Monitoring is the ongoing evaluation of compliance, conduct, and operational risk exposure as well as control effectiveness. CCOR s monitoring program continues to evolve and is currently accomplished through both automated and manual activities (e.g. reviewing metrics, marketing materials, and customer data to evaluate processes in place to mitigate operational risks and / or oversee compliance with regulatory obligations). CCOR Testing is a risk-based, point-in-time evaluation of the design adequacy and execution effectiveness of controls and the output of processes.This position will be responsible for managing and steering the central activities executed by the CCOR M&T team; and this position partners closely with the Compliance and Operational Risk Officers globally.The successful candidate should be enthusiastic, confident, and prepared to work in a challenging yet rewarding environment delivering first class solutions. Previous experience conducting regulatory examinations, compliance/operational risk testing, or internal audits of complex financial institutions is a plus. The ideal candidate will be someone who is able to:Communicate with relevant businesses, Compliance and Operational Risk Officers, Business Control Managers, and Technology partners while conducting detailed evaluations of i) internal controls, ii) policies, iii) procedures, and iv) processes that mitigate risks and reasonably ensure adherence to applicable regulations, legal obligations, and business requirements (policies/procedures)Identify potential or actual weaknesses in controls, processes, and proceduresInterpret risk assessment results and develop appropriate methodologies and approaches to review business related activitiesCommunicate with relevant stakeholders to understand workflows, controls, processes, and procedures employed to mitigate operational risksWrite test reports that effectively communicate testing objectives, processes, methodologies, and results to senior management, business control managers, and other relevant functionsFollow-up on statuses of identified issues until effectively remediatedPartner with M&T teams in the regions to ensure global testing consistency and promote adherence to testing standards.Participate in special projects to enhance CCOR M&T processes and practices.Qualifications:Three or more years of relevant compliance/operational risk testing, regulatory, examination, or internal audit experience.Experience within a top tier U.S. financial services firm is a plusUnderstanding of control frameworks and risk assessment analysesExperienced business writer with proven ability to review and edit testers written test related documents and ensure clear and concise descriptions of reviews and conclusionsStrong analytical and investigative skillsAbility to work independently and collaboratively within a team environmentAbility to manage multiple assignments simultaneously with minimal supervisionStrong interpersonal, communication, and organizational skillsAbility to interact with all levels of personnel within the corporate framework
Associated topics: analyse, analysis, analyst, financial analyst, financial reporting analyst, guidance, investment analytics, legal, refinement, regulation
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.
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