Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Compliance and Operations Risk Test Lead
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Compliance and Operations Risk Test Lead is responsible for leading risk and control testing across operational processes, identifying weaknesses, documenting findings, and tracking remediation. Requirements typically include a bachelor’s degree, relevant experience in operational risk, compliance, audit, controls testing, or financial services, and strong knowledge of risk frameworks and regulatory expectations. Familiarity with testing methodologies, issue management, data analysis, and governance reporting is valuable. The candidate is expected to challenge processes constructively, communicate clearly with senior stakeholders, maintain accurate documentation, manage testing activities to deadline, and work effectively with global teams. Experience with banking operations, regulatory controls, and tools such as Excel, reporting platforms, or workflow systems may be preferred.
Can I work in the Philippines?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Work permit route: the bank must post the job for Filipinos first, then file the permit and the 9(g) visa; senior and specialist posts are the realistic ones.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: Graduate analyst roles are the hardest case: a permit is issued only if no Filipino is competent, able and willing to do the job (Labor Code, article 40).
Official source: Bureau of Immigration: Pre-arranged Employment Visa (9G). Checked November 2026.
What the job usually comes with in the Philippines
Usual for Banking jobs in the Philippines, varies by employer. Checked November 2026.
| Housing | Senior expat packages often add a housing allowance; local-hire contracts do not |
|---|---|
| Relocation | Employer files the permit and visa; fees are agreed in the contract; moving help for senior hires only |
| Flights | Yearly home flight in some senior expat packages; none for local hires |
| Contract | Regular after at most 6 months' probation (by law); foreigners' contracts follow the permit, 1 to 3 years |
| Leave | 5 days after 1 year; 10 regular holidays and 8 special days in 2026 (by law) |
| Income tax | 0% to PHP 250,000 a year (about USD 4,000), then 15% to 35%; 13th month tax-free to PHP 90,000 |
| Health cover | PhilHealth is deducted from pay and matched by the employer (by law); a company health plan is the office norm |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About JP Morgan Chase
JPMorgan Chase & Co. is one of the world’s largest financial services organizations, serving consumers, businesses, institutional investors, and governments. Headquartered in the United States, the firm operates across consumer banking, commercial banking, investment banking, asset management, payments, and securities services. Its major brands include JPMorgan and Chase. The company employs a large international workforce and maintains operations and technology centers in locations including the Philippines. Roles in the Philippines commonly support global businesses through technology, operations, risk management, finance, compliance, and customer service. JPMorgan Chase places strong emphasis on responsible business practices, regulatory compliance, operational resilience, cybersecurity, employee development, and diversity. The company’s scale provides opportunities to work with international stakeholders and gain exposure to complex banking processes and control environments.