Finance Control Management - Valuations Control Group - Associate

Job Description
About the Employer
JPMorgan Chase & Co. , a global financial services leader with $3.4 trillion in assets, offers diverse services under the J.P. Morgan and Chase brands. Global Finance & Business Management (GF&BM) India, with over 3400 professionals, supports the firm's finance functions in Mumbai, Bengaluru, and Hyderabad, providing extensive career growth opportunities. The firm values diversity and continuous improvement, fostering a respectful culture. This role is within Finance Control Management in Bengaluru, part of the Corporate LOB at GF&BM India.
About the Team
As an Associate in the Finance Control Management (FCM) - Valuation Control group (VCG), you will be responsible for maintaining a strong and consistent control environment across VCG, promoting early operational risk identification and assessment, effective design and evaluation of controls and sustainable solutions to mitigate operational risk. VCG is a Global team of 200+ employees responsible for independent price verification and the determination of any Pricing Testing and Valuation Adjustments required to ensure that fair value estimates for the assets and liabilities that are recorded on the balance sheet at fair value are appropriate. FCM are also responsible for managing the Firm's SOX Framework and CCAR CFO Attestation Program and governing other external reporting initiatives including Quality Assurance, Accountability & Attestations, Issues & Errors Management.
Job Responsibilities:

• Conduct ongoing monitoring of operational risks and the control environment to ensure effective risk management.
• Monitor and evaluate the effectiveness of existing controls, recommending improvements as necessary to enhance operational efficiency.
• Develop appropriate triggers and metrics to support risk identification, control evaluation, and operational risk reporting to management
• Providing training and guidance to staff on control processes and risk management practices and foster proactive risk management culture
• Oversee issue management, including the development and implementation of remediation plans
• Manage governance and reporting activities, including control committees and forums, to ensure compliance and transparency
• Coordinate and partner with Internal Audit and Operational Risk during audits and reviews to ensure thorough evaluation and compliance.

Required qualifications, capabilities and skills

• BS in Accounting or Finance
• 3+ years of experience in Operational Risk Management.
• Strong acumen for risk identification and assessment, and development of effective control mechanisms that mitigate these risks.
• Strong skills in time management, problem solving, written and verbal communication
• Ability to multi-task and prioritize tasks effectively

Preferred qualifications, capabilities and skills:

• Experience using any of the following a plus: Confluence, Alteryx, Tableau or CORE
• Experience in Internal control / audit will be added advantage
• Understanding of Banking products and basic valuation process

Shift Timing: 12.30 PM to 9:30 PM
About Us
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.
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.