QA M&T India Vice President

Posted 7 Days Ago
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Hyderabad, Telangana
Hybrid
7+ Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Vice President in Quality Assurance, you will lead a team in evaluating compliance controls and testing, analyze issues, develop strategic solutions, mentor team members, and drive initiatives that ensure effective compliance and risk management within JPMorgan Chase.
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Job Description
Compliance- M&T Quality Assurance - Vice President
Join the Quality Assurance Monitoring and Testing (M&T) team as Quality Assurance Vice President.
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Compliance - M&T Quality Assurance - Vice President in the Compliance, Conduct and Operational Risk (CCOR) Quality Assurance Monitoring and Testing (M&T) team, you will effectively partner with Line of Business (LOB) and global/regional Compliance teams and Monitoring and Testing teams; including Internal Audit, Operational Risk and other Control functions. You will be part of a team of individuals responsible for providing solutions to drive effective controls monitoring and testing techniques using data, and for the execution of certain monitoring and testing engagements. In this role, you may provide Compliance coverage for several areas, in addition to serving as the team's subject matter expert for specific regulations in executing the following Core Practices: Governance and Oversight, Regulatory Management, Policies and Procedures, Training and Awareness, Monitoring and Testing, Issue Management, Risk Assessment and Reporting, and Risk Control Self-Assessment. Our team will be covering all Lines of Business within JP Morgan (e.g., Corporate and Investment Bank, Asset Wealth Management, Commercial Bank and Consumer Community Banking).
Job responsibilities

  • Lead a team of M&T QA professionals as they carry out all phases of evaluation (Control, Monitoring and testing).
  • Perform analysis to identify major issues and actionable opportunities, design potential solutions, and quantify bottom-line financial impact
  • Develop management, stakeholder, and regulator presentations in order to communicate issues, recommendations, and status of initiatives
  • Identify potential concerns and control issues, determine the root cause of issues and ensure stakeholders develop and implement appropriate corrective actions
  • Conduct ongoing compliance monitoring activities and participate in special projects as required
  • Challenge the status quo by providing critical and analytical thinking and strong decision making capabilities to identify problems, propose creative solutions, and escalate as necessary
  • Create a culture of excellence by proactively developing a team of talented and diverse risk professionals to support the execution of the CCOR Monitoring and Testing program.
  • Mentor / guide team members and oversee the completion of all monitoring and testing activities and documentation from governance perspective.
  • Provides status updates with an ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision making.
  • Identify and deliver innovative solutions, with a focus on opportunities that drive department efficiency, effectiveness, and consistency.
  • Stay abreast of new tools and technologies to assist in creating the most efficient and effective solutions and be accountable to CCOR stakeholders across the firm's global footprint
  • Strong relationship building skills to influence/negotiate desired outcomes. Excellent interpersonal skills necessary to work effectively with colleagues and senior management. Strong verbal/written communication. Manages communication and collaboration with global stakeholders viz includes - Global Testing heads, Legal, Audit, and regulators on risk related topics
  • Develop project plans and document and analyze business systems/processes
  • Help build out the M&T QA team and process
  • Give timely feedback to Stakeholders
  • Build partnerships and Quality champions with the M&T team


Required qualifications, capabilities, and skills

  • Master's or bachelor's degree in one or a combination of the following: Finance, Accounting, Analytics, or Reporting.
  • 12+ years of relevant experience in the financial services industry in Compliance, Risk management, Audit preferably with AWM, CIB or Technology QA Control testing.
  • Extensive experience in designing and executing control testing programs, including the development of consistent standards and methodologies shall be desirable.
  • Possess strong written and oral executive-level communications skills
  • Detail-oriented; possess a high-level of attention to detail and quality for their work product with excellent analytical skills
  • Previous Team Management experience
  • Strong project management skills, experience working with complex data sets and environments, drawing conclusions and reporting findings.
  • Proven leadership skills with the ability to manage expectations and competing priorities, be enthusiastic, have willingness to adapt in a fast-paced environment, understand sense of urgency, be effective under pressure.
  • Ability to innovate, challenge the status quo and identify automation / process re-engineering opportunities with good knowledge of control design and root cause analysis.
  • Working hours will be 1.30 to 10.30 pm IST.


About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.

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The Company
HQ: New York, NY
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What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

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