Job Description
Job Summary
The Testing CoE (Center of Excellence) is an essential part of our company's commitment to maintaining a strong, consistent control environment through continuous, rigorous evaluation of control adequacy and effectiveness across the Firm.
The newly established Testing CoE brings together skilled monitoring, testing, and evaluation experts from across the globe into one team focused on shared best practices, the development of innovative processes and tools, and committed to the continued advancement of the Firm's Risk and Control framework.
Job Summary
As a Control Testing Associate within the Finance, Treasury and Chief Investment Office (TCIO) & Acquisitions and Strategic Investments (ASI) Testing CoE team (forming part of the Firmwide Testing CoE), you will be involved in the SOX CCAP and CORE control testing and Issue Validation process. Through collaboration and analytical skills, you will contribute to the broader Testing CoE's overall success and strengthen the firm's compliance with regulatory obligations and industry standards.
Job responsibilities:
- Work with Finance Functional colleagues to develop an in-depth understanding of the Risks & Controls of the assigned function and assist in evaluation of the design and performance effectiveness of the controls built in the processes.
- Lead comprehensive control evaluations and substantive testing to independently assess the design and effectiveness of controls within the newly established Testing Center of Excellence (TCoE). Ensure compliance with internal policies, procedures, and external laws, rules, and regulations, while identifying necessary remediation actions. This includes developing and executing testing procedures, meticulously documenting results, drawing informed conclusions, making actionable recommendations, and distributing detailed compliance testing review reports.
- Foster collaboration with Compliance and Operational Risk Officers on various engagements. This includes developing detailed test scripts, facilitating issue discussions, participating in business meetings, and drafting comprehensive final reports to ensure alignment and clarity.
- Utilize advanced critical thinking skills to apply substantive testing techniques, thoroughly evaluating the effectiveness of high-risk business processes and identifying potential areas for improvement.
- Proactively assess and monitor risks, ensuring adherence to firm standards, regulatory requirements, and industry best practices. Implement strategies to mitigate identified risks effectively.
- Collaborate with cross-functional teams and stakeholders to support the design and effectiveness of controls. Drive initiatives that enhance the business control environment through recommended updates to the Compliance and Operational Risk Evaluation (CORE) application.
- Develop and execute robust control test scripts aimed at identifying control weaknesses, determining root causes, and recommending practical solutions to enhance operational efficiency and control effectiveness.
- Document test steps and results in a comprehensive and organized manner, ensuring sufficient support and justification for testing conclusions. Maintain a high standard of documentation to facilitate transparency and accountability.
- Lead meetings with business owners at various management levels, delivering testing results and supporting sustainable control enhancements. Identify and capitalize on opportunities to strengthen controls and improve operational efficiency
Required qualifications, capabilities & Skills:
- Qualified Graduate / post graduate in Accounting or Finance with 7+ years of relevant experience in Internal control / audit
- Strong skills in time management, problem solving, written and verbal communication.
- Strong MS Office skillset.
- Ability to multi-task and prioritize tasks effectively.
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.
