Be part of a dynamic team that ensures our operations meet the highest standards of compliance. Your expertise will help safeguard our reputation and support our continued growth in India.
Job Summary
As an Associate in the Compliance team, you will be responsible for supporting regulatory compliance and conduct risk management for JPMorgan Chase Bank, N.A. India branch.
Job Responsibilities
- Disseminate regulatory correspondences received from RBI and industry bodies like IBA and FEDAI.
- Update various decks for location Governance forums related to CCOR updates.
- Ensure timely updates of LRCM and OLO entries.
- Assist in the conduct of regulatory exams, track the action points, and prepare status reports thereon.
- Scrutinize PAD, licensing, and training records/requests and assist in approval in conjunction with the responsible LOB.
- Review various customer communications sent periodically by LOB Compliance.
- Collate feedback from various stakeholders on draft guidelines issued by the local regulator for review and onward submission to the regulator.
- Conduct first-level review of bespoke requests sent to the regulator for client/transaction-specific approval as per India local regulations.
- Provide compliance views on queries raised by the Payments Operations Team.
- Consolidate feedback from various CCOR stakeholders (GFCC, Regional CCOR, Sanctions) for one sign-off on NBIA and PSCM initiatives.
- Track submissions to local regulatory queries and follow up with various teams.
- Clarify product-related requests for opinion by Regional/Global Business teams and support the launch of Regional/Global Products.
- Conduct annual or ad-hoc risk assessments.
- Advise on regulatory matters related to general banking, including credit, liquidity, trade finance, and cash management.
Required Qualifications, Capabilities, and Skills
- Minimum 5-7 years relevant experience in compliance, risk or regulatory roles
- Be able to demonstrate an ability to interpret financial regulations and regulatory requirements and assess operational Compliance with those requirements.
- Strong communication, interpersonal and influencing skills. The candidate should have the ability to establish credibility and strong partnerships with business partners and other support functions.
- Strong analytical, problem-solving skills, attention to detail and be able to demonstrate a good knowledge of control design and root cause analysis
- Self motivated with an ability to work independently, execute reviews within defined timescales and ability to manage multiple assignments simultaneously;
- Ability to work in a demanding environment and deliver quality results.
- Be comfortable interacting with, and presenting to, senior business management and control functions.
Preferred qualifications, capabilities, and skills:
- Chartered Accountant, Master’s degree, or other closely related professional qualification will be beneficial.
JPMorganChase, 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.
Skills Required
- Minimum 5–7 years of relevant experience in compliance, risk, or regulatory roles
- Ability to interpret financial regulations and regulatory requirements and assess operational compliance
- Strong communication, interpersonal, and influencing skills
- Strong analytical and problem-solving skills with attention to detail
- Knowledge of control design and root cause analysis
- Ability to work independently, meet deadlines, and manage multiple assignments
- Ability to work in a demanding environment and deliver quality results
- Comfort interacting with and presenting to senior business management and control functions
- Chartered Accountant, master’s degree, or closely related professional qualification
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
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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