Vice President - Ccor Monitoring & Testing Lead

Job Title :Vice President – CCOR Monitoring & Testing Corporate

Job Location : Mumbai, Maharashtra, India

Short Job Description:

You will be part of Compliance, Conduct and Operational Risk (CCOR) team which plays a critical role in the successful execution of the firm's Compliance, Conduct and Operational Risk mission.  The CCOR function ensures the development and maintenance of a strong controls culture, by developing and maintaining a program infrastructure that identifies, measures, and monitors Compliance, Conduct and Operational Risk adherence. CCOR works closely with Business, Controls, Legal, Risk, Compliance and Audit functions to provide expertise on risk matters, assess and measure related risks, and monitor and test the adequacy of the firm's control environment.

The role of our 2nd Line of Defence CCOR organization is to support the company in maintaining the highest standards of ethical conduct and operational compliance with both the spirit and intent of the many policies, laws, rules, and regulations that govern the JP Morgan Chase Lines of Business (LOBs) and Corporate Functions.

Posting Description:

Welcome to JP Morgan Chase. Are you a compliance specialist, passionate about risk mitigation and safeguarding the financial institutions and customers from various risks? Are you a team player who demonstrates strong analytical skills, sound judgement and the highest degree of confidentiality in handling information? You have found the right team.

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. 

The Compliance, Conduct & Operational Risk (CCOR) Monitoring and Testing (M&T) team is responsible for the timely and effective management and execution of the firm’s global CCOR monitoring and testing programme across multiple lines of business. This role 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. The team will be covering all Lines of Business within JP Morgan – Corporate and Investment Bank, Asset Wealth Management, Commercial Bank and Consumer Community Banking.

Responsibilities: 

• Lead a team of risk professionals as they carry out all phases of control evaluation (Monitoring and testing).
• Create a culture of excellence by proactively developing a team of talented and diverse risk professionals to support the execution of the CCOR Monitoring and Testing  program.
• Mentor / guide team members and oversee the completion of all monitoring and testing activities and documentation from governance perspective.
• Provides status updates with an ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision making.
• Identify and deliver innovative solutions, with a focus on opportunities that drive department efficiency, effectiveness and consistency.
• Stay abreast of new tools and technologies to assist in creating the most efficient and effective solutions and be accountable to CCOR stakeholders across the firm’s global footprint
• 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. Manages communication and collaboration with global stakeholders viz includes – Global Testing heads, Legal, Audit, and regulators on risk related topics

Required qualifications, capabilities, and skills:

• Master or bachelor’s degree in one or a combination of the following: Finance, Accounting, Analytics, or Reporting will also act as an added advantage. 
• 12+ years of relevant experience in the financial services industry in Compliance, Risk management, Audit.
• Extensive experience in designing and executing control testing programs, including the development of consistent standards and methodologies shall be desirable.
• Strong project management skills,  experience working with complex data sets and environments, drawing conclusions and reporting findings
• Proven leadership skills with the ability to manage expectations and competing priorities, be enthusiastic, have willingness to adapt in a fast-paced environment, understand sense of urgency, be effective under pressure
• Ability to innovate, challenge the status quo and identify automation / process re-engineering opportunities with good knowledge of control design and root cause analysis.

Preferred Qualifications, Capabilities, and Skills:

• Any related certifications viz. CAMS, FRM, CIA, CISA, DISA, Green Belt etc.

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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.