JPMorgan Control Manager - Associate 

India, Karnataka, Bengaluru 

271964375

As a Control Management Associate for APAC region, you'll be responsible for ensuring the line of business has a sustainable and disciplined end-to-end control environment, manage second/third line of defense engagements, identifying and escalating issues with a sense of urgency, and partnering with the business to ensure issues are remediated in a timely manner. The team assists in top-down risk analysis, real-time control issue detection, escalation, root cause analysis, and remediation.

Job Responsibilities:

• Review engagements: Liaise effectively with stakeholders, internal and external auditors, 2LOD, Corporate Centre controls and regulators & drive conversations
• Monitor compliance of policies and procedures relative to operational and regulatory risk exposure
• Build and implement the risk management strategies for the gaps & weaknesses identified.
• Design and implement controls that are designed effectively and operate efficiently to proactively manage risk.
• Build/ Establish Key Risk Indicator framework to ensure appropriateness of Metrics and KPIs
• Perform reviews and deep dives into Emerging risk areas 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 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, capabilities, and skills:

• Knowledge of investment banking products including Loans is preferred
• Managing reviews/exams with internal and external stakeholders
• Bachelor's Degree with a minimum 8+ years relevant Banking and Financial Services experience
• Risk Certifications such as ORM/ PRM/ APRM/ CIA/ CRISC/ CORM will be preferred
• Experience in driving risk based process improvement using (not exhaustive) is preferred:
  • Process Mapping incl. Value Stream Mapping
  • RCA using (not exhaustive) 5 Why & Fishbone Analysis
  • Basic QC tools (Scorecards, checklists, histograms/ time series etc.,)
  • Qualitative & Quantitative Risk assessment tools
• Experience end to end risk management life cycle including:
  • Knowledge of Risk Management Tools
  • Designing and implementing controls across multiple teams and locations
  • Performing risk assessments
  • Issue management and Issue validation
  • Risk Reporting and preparation of Dashboard