JP Morgan Chase - Associate Vice President - Monitoring & Testing (10-12 yrs)

Description:

We are seeking a professional to join the Global Financial Crimes Compliance (GFCC) CCOR Testing.

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 Officer - Associate in the Global Financial Crimes Compliance (GFCC) and Compliance Conduct and Operational Risk (CCOR) Testing Team, you will be responsible for the execution of testing activities by the CCOR M&T team, partnering closely with CCOR Officers globally. You will report into the North America GFCC Testing Manager. which functions within the firm's Second Line of Defense and provides Compliance, conduct, and operational risk testing coverage aligned to the Firm's lines of business and Corporate Functions.

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 Testing is a risk-based, point-in-time evaluation of the design adequacy and execution effectiveness of controls and the output of processes. CCOR's testing program is executed using both automated and manual testing activities. CCOR Testing is based on targeted control evaluation of Compliance, conduct, and operational risk

Job responsibilities:

- Research, plan and lead detailed reviews, in accordance with the CCOR M&T Program and within required testing timeframes;

- Prepare clear, concise and organized workpapers to document and support work performed, and conclusions reached;

- Acquire and analyze data from multiple sources and systems to reach and support conclusions;

- Identify potential, or actual weaknesses, in controls, processes, and procedures;

- Write test reports that effectively communicate testing objectives, processes, methodologies, and results to senior management, business control managers, and other relevant functions;

- Communicate status of ongoing reviews to relevant Business, CCOR Officers, 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;

- Validate previously identified issues to confirm they were effectively remediated.

- Partner with M&T teams in in other regions to ensure global testing consistency and promote adherence to testing standards and requirements;

- Document information relating to testing reviews completed, issues identified, outstanding action plans and progress against plan;

- Produce clear, well thought through reporting/presentation decks for internal CCOR stakeholders and,

- Participate in special projects to enhance CCOR M&T processes and practices.

Required qualifications, capabilities, and skill:

- Understanding of control frameworks and risk assessment analysis.

- Ability to produce clear, concise reporting related to the status of in progress and upcoming planned reviews.

- Experienced business writer with proven ability to provide clear and concise descriptions of work performed and conclusions reached.

- Detail-oriented, robust analytical, investigative and problem-solving skills.

- Flexible to changing business priorities and ability to multitask in a constantly changing environment.

- Ability to work both independently and collaboratively within a team environment.

- Ability to manage multiple assignments simultaneously with minimal supervision.

- Strong interpersonal, communication, and organizational skills.

- Ability to interact with all levels of personnel within the corporate framework.

- Ability to manage challenging issue socialization conversations with multiple stakeholders including senior audiences.

Preferred qualifications, capabilities, and skills:

- Two or more years of relevant compliance/operational risk testing, regulatory, examination, or Internal Audit experience.

- Two or more years' experience in Know Your Customer (KYC), Anti-money Laundering (AML), OFAC and Sanctions

- BSA/AML and OFAC experience conducting regulatory examinations, compliance/operational risk testing, or internal audits of complex financial institutions is preferred.

- Proficient in MS Teams, Microsoft Word, Excel and PowerPoint

Same Posting Description for Internal and External Candidates

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 FAQs for more information about requesting an accommodation.

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