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Associate - Risk Strategy & Execution

Req #: 180026819
Location: Bangalore East, KA, IN
Job Category: Accounting/Finance/Audit/Risk
Job Description:

J.P. Morgan is a leading global financial services firm, established over 200 years ago:

o We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.

o We have assets of $2.5 trillion and operations worldwide

o We operate in more than 100 markets.

o We have more than 243,000 employees globally.

Our wholesale businesses include J.P. Morgan’s Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families.

Our corporate functions support the entire organization and include the following functions: Accounting, Audit, Finance, Human Resources, Operations, and Technology.

J.P. Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm’s operations regionally and globally. The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions.

Consumer Credit Risk Associate - 602
The Consumer Credit Risk Management team is looking for a highly motivated Quality Assurance Analyst with strong testing and analytic skills to join our team focused on providing “Best-in-Class” products validation and verification for Risk applications, strategies, business rules, models, and reports.  The selected individual will work in coordination with the UAT Manager to ensure test planning and execution is comprehensive, effective, and complete. You will have the opportunity to work on highly visible initiatives while working directly with key stakeholders (Dev, QA, Project and Risk Managers) throughout the project lifecycle. 
Responsibilities include:
  • Creation of Test Strategies, Test Plans, and Scripts based on analysis of business requirements, and functional documents; partner with business and technical teams during design reviews to ensure test feasibility
  • Create, Load, and Execute Test Scripts using ALM based on the business requirements and functional specifications
  • Perform test data conditioning and data validation to ensure complete and accurate data in risk applications
  • Partnering with other/non-risk QA teams to ensure a comprehensive test approach is planned
  • Interfacing with key stakeholders (Quality Assurance, Project and Risk Managers) - providing testing status on a regular basis
  • Managing defects associated with the test execution – including monitoring, reporting, and resolution
  • Perform Pre and Post-Implementation Validation tasks
  • Identify process improvement opportunities and partner with Risk Managers to implement the initiatives according to JPMC standards
    • Bachelor's Degree or the equivalent is required
    • A minimum of 6+ years of User Acceptance Testing experience is preferred. Banking or Finance domain exposure will be added advantage
    • Thorough knowledge of the Software Development Lifecycle (SDLC), Testing Methodology, best practices, and associated testing tools (ex ALM)
    • Experience creating, modifying, and executing SQL queries including complex table joins
    • Recent hands-on experience working with technologies SAS – preferred
    • Ability to assess risk and determine appropriate test coverage
    • Knowledge of Word, Excel, PowerPoint and Visio
    • Must possess strong interpersonal and communication skills (verbal and written)
    • Experience with business rules engines and validation of rules is a plus


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