Control Testing Associate

Job Description

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.

As a Control Testing Associate within The Testing CoE team, you will be advising on complex situations and enhancing the firm’s risk posture being a part of risk identification, control evaluation, and security function. Through collaboration and analytical skills, you will contribute to the Testing CoE’s overall success and strengthen the firm’s compliance with regulatory obligations and industry standards.

Job Responsibilities

• Assess end to end business processes to identify significant gaps and determine issue root causes.
• Partners with business units to perform control evaluations, monitoring and testing efforts within Compliance and Operation Risk Framework to identify control gaps as well as opportunities for effectiveness and efficiency improvements. These assessments will include coverage for other regulatory programs including SOX and CCAR.
• Apply critical thinking skills to apply substantive testing techniques to thoroughly evaluate the effectiveness of high-risk business processes.
• Assess and monitor risks, ensuring compliance with firm standards, regulatory requirements, and industry best practices.
• Collaborate with cross-functional teams and stakeholders to support control design and effectiveness.
• Contribute to the development and/or enhancement of business control environment through recommended control and other updates to the Compliance and Operational Risk structure.
• Develop and execute robust control test scripts designed to identify control weaknesses, determine root causes, and recommend solutions.
• Document test steps and results in comprehensive and organized manner to sufficiently support and justify testing conclusions.
• Participate in meetings with business owners at various levels of management, deliver testing results and support sustainable control enhancements; recognize opportunities to strengthen controls and improve operational efficiency.
  
  

Required Qualifications, Capabilities, And Skills

• Bachelor’s degree, or equivalent job experience
• Relevant experience in risk management, assessment, control evaluations, or a related field with a strong understanding of industry standards
• Demonstrated ability to analyse complex issues, develop and implement risk mitigation strategies, and communicate effectively with senior stakeholders.
• Proficient knowledge of risk management frameworks, regulations, and industry best practices
• Have an ability to effectively develop and communicate recommendations based on regulatory guidance and standards.
• Strong and progressive Auditing or Control Testing experience with current knowledge and understanding of Control testing methodology
• Ability to understand and interpret legal and regulatory requirements
• Experience developing test scripts, audit programs, or testing templates
• Proven analytical thinker with ability to identify, analyze and solve problems in a thoughtful manner, with diplomacy and professionalism
• Strong Microsoft Office skills required
  
  

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.