IPO Control Partner– Associate

The Private Bank Business Control Partner team works in partnership with the business, as the first line of defense against operational risks that have the potential to impact the Bank. The key responsibilities of the team include: ensuring that the line of business has a sustainable and disciplined end-to-end control environment; partnering with the Business to ensure control issues are remediated in a timely and sustainable manner; identifying and escalating control issues with a sense of urgency; and coordination of control effectiveness assessments. The team works in collaboration with all other control functions – Compliance, Risk Management, Internal Audit. 

Job Summary:

This role is ideally suited to an individual with a good understanding of Operational Risk Management and experience of control design and testing, project management and Issue management. 

Job Responsibilities:

• Controls support to IPO Operations In Mumbai, along with additional support to India teams.
• In partnership with key stakeholders, perform end-to-end analysis of the business’ risk and control environment to strengthen the control environment. 
  • For control deficiencies, work with the business to identify significant gaps and weaknesses and determine root cause of control breaks. Additionally, clearly define both the issue and remediation plan with achievable target dates, tracking of progress against deliverables, challenge of mitigating actions and validation of action plan and issue completion
  • Ensure that remediating actions are appropriately and sustainably implemented. 
• Management and ownership of a process within the Front Office CORE (Control and Operational Risk Evaluation) framework including ensuring completeness of risks and controls identified, oversight of control testing relating to the process. Challenging the testing approach and acting as an intermediary between control performers and control testers.
• Work with global Control Managers to manage Internal Audit, Compliance and external regulatory exams.  Facilitate global consistency and collaboration in risk and control coverage with controls managers in other regions and functions. 
• Support management reporting. 
• Develop and maintain effective working relationships with 2nd, 3rd lines of defense and control management peers across the globe region on specific projects and initiatives.

Required qualifications, skills and capabilities:

• Bachelor’s degree or equivalent experience required
• Relevant experience in financial services, the wealth management business, controls, or quality control / assurance
• Proficient knowledge of control and risk management concepts 
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio)
• Reporting / Analytics – ability to synthesize interpret, and present information to senior level audiences 
• Ability to make subjective and informed decisions based upon output, influence stakeholders and justify decision making 

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. 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.