JPMorgan Business Analysis Associate 

United States, Florida 

438140765

As a Business Analysis Associate II in Operations Controls, you will be responsible for assessing the effectiveness of operational controls for internal business units as well as external Suppliers and/or Law Firms through the execution of various examinations and tests. You will also be responsible for the validation of risk assessments, control identification and development of examination procedures related to Collections. You will ensure all examination and special project work is designed and executed to adequately identify and manage risk and ensure that all tested processes are functioning within established policies and guidelines.

Job responsibilities:

• Evaluate design and operating effectiveness of management and business process controls as well as conduct transactional testing of the control environment for the business, which may include Supplier and/or Law Firm controls.
• Perform testing and assessments of Supplier and/or Law Firm financial, operations, and risk trends and develop and implement the most appropriate examination coverage (timing and extent of work).
• Identify, analyze and report key risk indicators and conduct studies to enhance effectiveness of risk mitigation measures.
• Monitor adherence to policies and procedures and analyze and communicate impact of risks and losses (actual and potential) with guidance for identifying and implementing solutions/corrective action.
• Assess issues identified during exam assignments or special projects, in light of known business risks, and develop recommendations to strengthen internal controls and improve operational efficiency. Utilize knowledge of business to level set the issues and escalate as appropriate through the exam report or verbally with the business owner.
• Partner with the business functions for closure of open issues arising from audits and on-going risk reviews and participate in cross functional risk management initiatives.
• Lead or participate in monthly/quarterly calls with business partners based on a control agenda while continuing to build knowledge of internal policies and procedures, banking and consumer regulations/laws, and accounting principles
• Implement necessary enhancements/improvements in examination coverage and minimize the risk of noncompliance.

Required qualifications, skills and capabilities:

• Bachelor or Masters degree with major in accounting, finance or economics, business administration, or information systems, or a related field
• 5 years of experience in testing, consulting, audit or financial services
• Strong understanding and experience with Operational Risk Management, and risk and control assessments
• Action oriented with a focus on results
• Travel will be required at 25-40% of the time

Preferred qualifications, skills and capabilities:

• Professional certifications such as CPA, CIA, or CISA