Controls and Oversight - Associate

JOB DESCRIPTION

J.P. Morgan Wealth Management is a global leader in investment and wealth management, serving institutions, high-net-worth individuals, and retail investors worldwide.

As a Control Associate within our Risk Management Team, you will be responsible for promoting early operational risk identification, designing and evaluating controls, and implementing sustainable solutions to mitigate operational risk. You will focus on control design and testing, risk and control identification, and governance and reporting. You will collaborate with key stakeholders to enhance control processes and contribute to strategic projects, ensuring robust risk management practices.

Job Responsibilities:

• Collaborate with business partners, Legal, Compliance, and other advisors to perform ongoing assessment and monitoring of the operational risk and control environment.
• Provide control-related expertise to assist in designing and implementing efficient, effective, and repeatable processes and controls.
• Establish trusting partnerships and foster a culture of respectful, honest communication with Control Managers, business partners, and intersecting functional teams.
• Serve as a liaison for audit, regulatory, and compliance responses and exams.
• Work with central support teams for execution, administration, and tracking of control testing, management, and remediation of control gaps.
• Identify control gaps or errors, determine root causes, and share lessons learned to drive continuous improvement.

Required qualifications, skills and capabilities:

• 6+ years of experience in Risk & Controls Assessment, Internal Controls Design, or related fields.
• Expertise in control management within the financial services sector, focusing on compliance and operational risk mitigation.
• Proven experience in investment and portfolio management processes or institutional financial services.
• Strong analytical and investigative mindset with a dedication to continuous learning and process improvement.
• Proficient in MS Office Suite.

Preferred qualifications, skills, and capabilities:

• Strong team player with the ability to work independently and think strategically. Should be flexible to work in EMEA shift.
• Capability to leverage expert understanding of AI/ML for identifying and mitigating risks associated with emerging technologies, and skilled in automation to streamline processes and enhance efficiency in control management.
• Experience working in a matrix reporting environment and partnering across regions and time zones, including extensive effective partnership via virtual (zoom) meetings.
• Ability to manage multiple tasks and prioritize effectively with flexibility to manage shifting priorities in a fast-paced environment.

ABOUT US
ABOUT THE TEAM
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.