New Product Assessment (NPA) Associate - Commercial & Investment Bank
New Product Assessment (NPA) Associate
Commercial & Investment Bank (CIB) - Control Management
Control Management maintains a strong and consistent control environment across the firm, with comprehensive coverage and joint accountability for early operational risk identification, effective control design, and sustainable risk mitigation.
The New Product Assessment (NPA) Associate supports the execution and day‑to‑day management of the NPA framework within the Commercial & Investment Bank. This role partners closely with business stakeholders, Control Managers, and cross‑functional teams to ensure new and existing products are assessed, documented, and governed in a manner that is compliant, ethical, and aligned with firmwide standards.
The Associate acts as a key operational and analytical contributor to the NPA platform, providing oversight, coordination, and quality assurance across initiatives, while also driving continuous improvement of controls, reporting, and processes.
Key Responsibilities
NPA Framework Execution & Governance
- Support the ongoing execution and maintenance of the CIB NPA framework, including intake, assessment, approvals, and ongoing product governance activities.
- Coordinate and track NPA initiatives, ensuring required documentation, approvals, and control evidence are complete, accurate, and timely.
- Assist in maintaining alignment between the NPA framework and firmwide and Cross‑LOB governance standards.
Quality Control, Risk & Compliance Support
- Perform quality control (QC) reviews on NPA initiatives, user mappings, and platform data to ensure accuracy, completeness, and compliance with control requirements.
- Execute integrity checks and monitoring controls to identify data issues, control gaps, or process risks, escalating items as appropriate.
- Support responses to regulatory exams, audits, and internal control testing by preparing evidence, documentation, and issue tracking.
Reporting, Metrics & Insights
- Prepare, analyze, and deliver key NPA metrics through recurring monthly and quarterly reporting.
- Maintain and enhance dashboards and reporting tools to provide transparency into NPA volumes, status, risks, and performance trends.
- Identify emerging trends, risks, or operational inefficiencies and contribute insights to management.
Stakeholder & Program Support
- Partner with business leads, Control Managers, and platform users to support NPA execution, answer questions, and resolve issues.
- Contribute to training and communication efforts by supporting onboarding of new users and reinforcing standard processes and expectations.
- Participate in firmwide and Cross‑LOB working groups and initiatives as needed.
Continuous Improvement & Capability Build
- Contribute to continuous improvement initiatives by identifying process gaps, proposing enhancements, and supporting implementation efforts.
- Assist with maintaining and updating Standard Operating Procedures (SOPs) and knowledge repositories.
- Support enhancements to existing tools, controls, and reporting capabilities, including testing, data validation, and documentation.
Qualifications & Skills
- Strong understanding of control management, risk, or regulatory environments (preferred).
- Experience with data analysis, reporting, dashboards, and operational process support.
- Strong attention to detail, judgment, and ability to manage multiple priorities.
- Effective communication skills and ability to partner with stakeholders across levels.
- Proficiency in Excel and familiarity with workflow or governance platforms preferred.
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ABOUT US
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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 TEAM
J.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.
Perks and Benefits
Health and Wellness
Parental Benefits
Work Flexibility
Office Life and Perks
Vacation and Time Off
Financial and Retirement
Professional Development
Diversity and Inclusion