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Business Analysis Associate II

JP Morgan Chase & Co

Location: Tampa, Florida
Type: Non-Remote
Posted on: October 5, 2021
This job is no longer available from the source.
Desc
This position is responsible for assessing the effectiveness of operational controls for internal business units as well as external Suppliers and/or Law Firms through the execution of various examinations and tests.  The position is also responsible for the validation of risk assessments, control identification and development of examination procedures related to Collections. Ensuring that all examination and special project work is designed and executed to adequately identify and manage risk and to ensure that all tested processes are functioning within established policies and guidelines, operations are efficient, and there is adequate internal monitoring and reporting of the risks.
Scope and Job Responsibilities:
• Evaluate design and operating effectiveness of management and business process controls.
• Conduct transactional testing of the control environment for the business, which may include Supplier and/or Law Firm controls.
• Perform testing and assessments of Supplier and/or Law Firm financial, operations, and risk trends and develop and implement the most appropriate examination coverage (timing and extent of work).
• Identify, analyze and report key risk indicators and conduct studies to enhance effectiveness of risk mitigation measures.
• Proactively monitor adherence to policies and procedures and analyze and communicate impact of risks and losses (actual and potential) with guidance for identifying and implementing solutions/corrective action.
• Assess issues identified during exam assignments or special projects, in light of known business risks, and develop recommendations to strengthen internal controls and improve operational efficiency.  Utilize knowledge of business to level set the issues and escalate as appropriate through the exam report or verbally with the business owner.
• Partner with the business functions for closure of open issues arising from audits and on-going risk reviews.
• Participate in cross functional risk management initiatives.
• Lead or participate in monthly/quarterly calls with business partners based on a control agenda .
• Continue building knowledge of internal policies and procedures, banking and consumer regulations/laws, and accounting principles in order to implement necessary enhancements/improvements in examination coverage and to minimize the risk of noncompliance.
Qualifications:
• Bachelor or Masters degree with major in accounting, finance or economics, business administration, or information systems, or a related field is preferred.
• Five years of experience in testing, consulting, audit or financial services required.
• Strong understanding and experience with Operational Risk Management, and risk and control assessments.
• Candidates should be action oriented with a focus on results, display strong analytical skills, be able to assess and clearly articulate complex ideas and possess creativity.
• Professional certifications such as CPA, CIA, or CISA are a plus.
• Travel will be required at 25% of the time.
RequisitionType Professional JobSchedule Full time