Corp - CTC_Control Management - Analyst

Job Description

About the Employer JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com . Global Finance & Business Management ( GF&BM ) India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan s global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm s Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm s capital. GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main pillars of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful. The current opening is within the CTC Control Management Team in Bangalore which forms part of the Corporate LOB within GF&BM India. About the Team Treasury & CIO is a critical function within Corporate responsible for managing the Firms liquidity and capital positions, establishing funds transfer pricing policy, analyzing the Firms lines of business ( LOBs ) and consolidated earnings at risk (interest rate risk), executing the Firms securitization program and share repurchase program, managing the Firms relationships with rating agencies and fixed income investors, and managing structural interest rate and foreign exchange ( FX ) risks. The CIO Treasury and Corporate (CTC) Control Management team is responsible for end-to-end oversight of the control framework and is also involved with several control initiatives across various CTC functions (e.g. Capital Management, Liquidity Management, Finance and Risk Data Operations, CIO/Treasury). About the Role Primary Responsibilities: As a member of the team, individual s responsibilities will include:
• Support Control & Operational Risk Evaluation (CORE) which includes detailed risk and control assessments, ongoing monitoring of controls through KPI/KRIs, performing controls testing & evaluation.
• Support the Sarbanes Oxley (SOX) and CCAR CFO Attestation (CCAP) Program i.e. controls scoping & risk assessment, testing & evaluation, secondary review and reporting.
• Issue and Action Plan Management Partnering with business to ensure timely & appropriate closure of issues/action plans (includes monitoring & independent validation of action plan closure).
• Co-ordinate access recertification (bi-monthly) for the Segregation of Duties (SOD) program (i.e. toxic combinations review).
• Support strategic initiatives and projects (e.g. controls around Models, User Tools, other automation tools and ad hoc controls initiatives sponsored by the business).
• Support other control programs and initiatives across CTC (e.g. Governance Committees, Records Management, Inter-Affiliate Services (IAS), SOX/CCAP/QA program, Quarterly Management Representation Letter etc.)
• External and Internal Audit liaison
• Thematic control reviews - identification/escalation of control issues, root cause analysis, issue remediation efforts. Verify accuracy of controls to ensure compliance with policies and procedures.
• Monthly/Quarterly governance forums with stakeholders
• Ensuring appropriate documentation exists for procedure / end-to-end process flowcharts for key business controls
• Staying current with evolving industry and regulatory changes, and analyze impact to business processes and compliance requirements (e.g. BASEL, CECL, GDPR etc.)
• Establishing and maintaining strong working relationships across CTC businesses and other control groups (i.e., Audit, Compliance, Legal, Operations, Technology, Business Managers, etc.)
The position involves interaction with many teams across the firm including LOB and Corporate Finance Functions, Audit and Technology. The ability to work efficiently, communicate effectively and influence across these boundaries will be one of the keys to success. Desired Candidate Profile:
• 3 or more years of experience in a control or audit function
• Good knowledge of the banking business, financial instruments and products
• Strong understanding of internal control systems with an ability to drive control programs globally across regions.
• Creative self-starter with strong initiative, ability to take ownership and work independently as well as contribute to the broader team
• Strong interpersonal and communication skills
• Strong analytical skills and attention to detail
• Ability to quickly understand complex subject matter and demonstrate critical thinking
• Ability to multi-task and work effectively in a fast paced environment
• Control mindset (ability to identify and close control gaps and / or issues)
• High proficiency in MS Office applications (PowerPoint, Excel, Word) to create and deliver effective presentations
• Master s in Finance/Accounting or related field preferred
Shift Timing: EMEA - 1 pm IST to 10 pm IST ,

Keyskills :
ms officefunds transfer pricingfixed incomeinternal auditsegregation of dutiesroot cause analysisroot cause