Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Evaluate and enhance control designs to mitigate risks in a dynamic environment.
- Company: Join a leading firm dedicated to compliance and operational excellence.
- Benefits: Enjoy a collaborative culture with opportunities for professional growth and development.
- Why this job: Be part of a newly formed team making a real impact on risk management.
- Qualifications: 3+ years in risk management; strong analytical and communication skills required.
- Other info: Ideal for those passionate about strategic thinking and problem-solving.
The predicted salary is between 36000 - 60000 £ per year.
If you are a strategic thinker passionate about driving solutions and mitigating risk, you have found the right team. Join our Testing Center of Excellence, where you'll ensure a strong and consistent control environment across the firm. This role offers a unique opportunity to work with a large Controls Testing team and help establish a newly formed organization, providing a solid starting point within the firm.
As a Risk and Control Testing Associate in the Testing Center of Excellence, you will execute independent risk-based evaluations of control design and effectiveness to mitigate compliance, conduct, and operational risks. You will oversee complex evaluations of business processes, utilising sophisticated data analytics and engaging with senior stakeholders. This role offers an exciting opportunity to work on key risk initiatives and contribute to the firm's compliance with regulatory obligations and industry standards.
Job responsibilities:
- Lead comprehensive control evaluations and substantive testing to assess control design and effectiveness.
- Ensure compliance with internal policies and external regulations, identifying necessary remediation actions.
- Collaborate with Compliance and Operational Risk Officers, developing test scripts and drafting reports.
- Apply advanced critical thinking to evaluate high-risk business processes and identify improvement areas.
- Proactively assess and monitor risks, implementing effective mitigation strategies.
- Collaborate with cross-functional teams to enhance control design and effectiveness.
- Develop and execute control test scripts to identify weaknesses and recommend solutions.
- Document test steps and results comprehensively, ensuring transparency and accountability.
- Lead meetings with business owners, delivering testing results and supporting control enhancements.
Required qualifications, capabilities, and skills:
- Minimum of 3 years of experience in risk management, control evaluations, or a related field within financial services.
- Strong understanding of industry standards and regulatory requirements.
- Ability to analyse complex issues and develop effective risk mitigation strategies.
- Proficient knowledge of risk management frameworks and industry best practices.
- Highly organised and detail-oriented, with a track record of managing multiple priorities.
- Strong analytical and communication skills, conveying complex information clearly.
Preferred qualifications, capabilities, and skills:
- Industry-recognised risk certifications such as CISM, CRISC, CISSP, CISA, CCEP, CRCM, CRCMP, or GRCP.
- Background in auditing and understanding of internal controls.
- Proficiency in Microsoft Office Suite, including Word, Excel, Access, and PowerPoint.
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success. Control Management maintains a strong and consistent control environment through a joint accountability model that aligns managers with each function and region to mitigate operational risk. The team focuses on four areas: Control Design & Expertise, Risks & Controls Identification/Assessment, Issues & Control Deficiencies and Control Governance & Reporting.
Risk and Control Testing Associate employer: J.P. MORGAN-1
Contact Detail:
J.P. MORGAN-1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk and Control Testing Associate
✨Tip Number 1
Familiarise yourself with the latest industry standards and regulatory requirements relevant to risk management. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals already working in risk management or control evaluations. Engaging with them can provide insights into the role and may even lead to referrals, which can significantly boost your chances of landing the job.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you've successfully identified risks and implemented mitigation strategies. Being able to articulate these experiences clearly will showcase your analytical skills and problem-solving abilities.
✨Tip Number 4
Demonstrate your proficiency in data analytics tools during the interview process. Highlight any experience you have with advanced analytics, as this is crucial for evaluating control effectiveness and will set you apart from other candidates.
We think you need these skills to ace Risk and Control Testing Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management and control evaluations. Use specific examples that demonstrate your analytical skills and understanding of industry standards.
Craft a Strong Cover Letter: In your cover letter, express your passion for risk mitigation and strategic thinking. Mention how your background aligns with the responsibilities of the Risk and Control Testing Associate role and how you can contribute to the team.
Highlight Relevant Skills: Emphasise your proficiency in risk management frameworks and any industry-recognised certifications you hold. Be sure to mention your analytical and communication skills, as these are crucial for the role.
Prepare for Interviews: If selected for an interview, be ready to discuss your previous experiences in detail. Prepare to explain how you've applied critical thinking to evaluate business processes and how you've collaborated with cross-functional teams.
How to prepare for a job interview at J.P. MORGAN-1
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what a Risk and Control Testing Associate does. Familiarise yourself with the responsibilities outlined in the job description, especially around control evaluations and compliance. This will help you articulate how your experience aligns with the role.
✨Prepare for Scenario-Based Questions
Expect to be asked about specific situations where you've had to assess risks or implement controls. Prepare examples from your past experience that demonstrate your analytical skills and ability to develop effective risk mitigation strategies. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Showcase Your Analytical Skills
As this role requires strong analytical capabilities, be ready to discuss how you've used data analytics in previous roles. Highlight any tools or methodologies you've employed to evaluate business processes and identify areas for improvement. This will show your potential employer that you can handle complex evaluations effectively.
✨Demonstrate Strong Communication Skills
Since you'll be collaborating with senior stakeholders and cross-functional teams, it's crucial to convey complex information clearly. Practice explaining technical concepts in simple terms, and be prepared to discuss how you've successfully communicated findings and recommendations in the past.
