Operations Risk & Controls Associate

Posted 2 Hours Ago
Be an Early Applicant
Mumbai, Maharashtra, IND
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Monitors agent bank and financial market infrastructure service delivery across more than 100 markets. Investigates escalations, assesses operational risk, reviews controls and due diligence actions, analyzes performance data, manages incidents, maintains service-level agreements, and drives remediation. The role partners with internal operations teams and external providers, supports regional and global projects, resolves root causes, and reports network performance and risks to senior management.
Summary Generated by Built In

Make your mark partnering with operations and agent banks to elevate service quality, reduce risk, and grow your analytics and relationship skills.

 

As a Operations Risk & Controls Associate within the Performance Management team in Network Management, you monitor agent bank and financial market infrastructure service delivery to meet cash and securities service requirements across more than 100 markets. You partner with internal operations teams and external providers to resolve escalations, deliver service enhancements, and manage operational risk. You use data-driven insights, service reviews, and oversight processes to improve standards and strengthen controls.

 

Job Responsibilities:

 

  • Monitor agent service delivery and correct performance gaps, coordinating agreed changes and enhancements
  • Investigate escalated enquiries and service issues, partnering with network leadership and internal operations to resolve root causes
  • Conduct service reviews and produce high-quality reports that assess operational risk accurately
  • Drive actions from due diligence questionnaire reviews to closure, escalating blockers and tracking outcomes
  • Analyze data and themes to identify service trends, control gaps, and improvement opportunities
  • Improve agent outcomes through the enhanced oversight process, defining actions and following through with stakeholders
  • Maintain service level agreements between the firm and network agents, aligning standards to operational needs
  • Participate in regional and global projects that require information from agent banks and financial market infrastructures
  • Build internal and external relationships with agents and market infrastructures to obtain information, resolve issues, and deliver change
  • Communicate weekly updates on projects, network performance, and escalated items to senior management
  • Manage the incident management process for assigned agents or markets in partnership with network leadership and operations, including third-party oversight activities as needed

 

Required qualifications, skills, and capabilities:

 

  • Demonstrate strong teamwork and a focus on risk management, compliance, oversight, and controls
  • Build effective working relationships with internal business partners and external agent banks
  • Communicate clearly and professionally, adapting messages for different stakeholders
  • Negotiate constructively to align on service standards, remediation actions, and timelines
  • Apply analytical and influencing skills to form sound conclusions from complex information
  • Understand products and the business environments they support
  • Explain end-to-end securities and cash flows, including SWIFT messaging
  • Learn new skills and knowledge quickly in a dynamic operating environment
  • Apply strong attention to detail when reviewing data, reports, and enquiries

 

Preferred qualifications, skills, and capabilities:

 

  • Describe securities and cash products and how industry or market developments can affect the use of agent banks
 
About Us

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.

About the TeamJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

Skills Required

  • Strong teamwork and focus on risk management, compliance, oversight, and controls
  • Ability to build effective relationships with internal business partners and external agent banks
  • Clear and professional communication adapted for different stakeholders
  • Constructive negotiation skills for service standards, remediation actions, and timelines
  • Analytical and influencing skills to form conclusions from complex information
  • Understanding of products and the business environments they support
  • Understanding of end-to-end securities and cash flows, including SWIFT messaging
  • Ability to learn quickly in a dynamic operating environment
  • Strong attention to detail when reviewing data, reports, and enquiries
  • Knowledge of securities and cash products and the impact of industry or market developments on agent banks

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: New York, NY
289,097 Employees
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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