Business Banking Risk Quality Control - Associate

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Bengaluru, Karnataka
Hybrid
5-7 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role

Job Description
In this role, the Quality Control (QC) Associate will be part of Wholesale Credit Governance program within the Chase Business Banking (BB) Risk Team to ensure compliance with regulations and BB & Firmwide policies/procedures.
Your role will be a combination of Quality oversight of underwriting decisions by conducting regular quality checks, Creation, distribution, and oversight of various monitoring reports and Oversight on various governance initiatives across the business. Candidate is expected to possess a strong credit and technical background including risk governance and process control skills, project management, data management and reporting skills.
Responsibilities:

  • Quality Control associated with new originations and portfolio risk underwriting and monitoring activities at underwriter / portfolio level
  • Quality Control tool (ACES) management and maintenance and Preparing and maintaining QC procedures
  • Identifying and highlighting error trend based on QC result and drive training interventions to address the same
  • Report creation, distribution, and oversight of assigned risk monitoring tools / reports on a periodic basis
  • Lead governance initiatives across Business Banking to drive consistency across Risk Team
  • Assist with preparation for internal and external reviews, audits, and examinations
  • Assist or coordinate projects and process improvements


Required qualifications, capabilities, and skills

  • More than 5 years of experience in Credit Underwriting, Risk Quality Control, Audit, Compliance or Risk Management
  • Knowledge of risk and control assessment process
  • Demonstrated ability to collaborate cross-functionally to achieve measurable results
  • Skills & experience to manage targeted portfolios ( e.g. formal credit training, traditional lending products, treasury and cash management product knowledge, problem loan experience)
  • Bachelor's Degree required with a focus in Accounting, Finance, Business or Economics preferred
  • Knowledge and experience with data management and reporting tools - Tableau, Alteryx, Excel, SAP preferred
  • Knowledge and experience with multiple programming languages - Excel, VBA preferred


Preferred qualifications, capabilities, and skills

  • Strong analytical skills and the ability to analyze large sets of data preferred
  • Familiarity with key Financial Institution regulations preferred
  • MBA or professional certification preferred


About Us
JPMorgan Chase & Co., 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 Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.
Our business bankers work in the Consumer Bank to provide financial solutions to small business owners across the U.S. Customers turn to us for financing and advice as they start, run and grow their businesses. We partner with clients throughout the process, investing in our communities and people for the long-term.

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

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.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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