The JPMorgan Chase Audit Department provides senior management, the Board of Directors, and regulators with independent assurance that internal controls are operating effectively. Audit works closely with the lines of business and their support functions to achieve this mission through a comprehensive audit program. The department is respected throughout the firm for the caliber of our staff and our ability to add value.
The Analyst Auditor position is based in New York with the Corporate Risk Audit Team. The Corporate Risk Audit Team is primarily responsible for assessing the adequacy of the control environment across the firm's risk organization. This is achieved through a comprehensive program of audit coverage that is executed by a global team of business and technology specialists.
The Analyst Auditor will be assessing the control environment supporting the firm's Credit Risk Management framework primarily focused on Wholesale credit activities and Country Risk. Given the strong interrelation of Credit Risk with other risk disciplines, the position also involves assessing aspects related to Market Risk and Model Risk. As such the role involves a fluid interaction with Audit colleagues dedicated to the assessment Model and Market Risk controls as well as LOB auditors.
The Analyst Auditor must be a professional who possesses strong relationship management capabilities, and knowledge of derivatives, securitizations and traditional credit products. Experience in the assessment of controls related to Basel III Internal Model Methodology approaches, AIRB, stress testing, Country Risk, CCAR/DFAST, and Allowance for Loan Losses is a plus. This position requires an individual with knowledge of audit methodologies who can actively partner with global and regional business and technology management, colleagues, and regulators, and work collaboratively with colleagues.
As a member of the Corporate Risk Audit Team in New York, you will be expected to contribute to the audit coverage program, which involves effective risk assessment and design of a risk coverage approach. You will be responsible for coverage of the above businesses and for executing the corresponding audit plan, for maintaining client relationships, and for monitoring and influencing ongoing business projects throughout the year.
- Participate in audit activities including risk assessments, audit planning, audit testing, control evaluation, report drafting, workpaper documentation, follow-up and tracking of management's corrective actions in response to findings, and validation of issue closure.
- Will be accountable for meeting deliverables, adhering to department and professional standards and utilizing consistent methodology.
Disseminate best practices and lessons learned to colleagues and clients.
Work with global line-of-business auditors in the early identification of emerging control issues and report them to business and audit management.
Build effective relationships with stakeholders and audit colleagues through strong collaboration and innovating thinking.
Stay up-to-date on evolving regulatory, industry, and market events impacting the firm's risk organization.
Establish and support a culture that encourages integrity, respect, excellence, and advancement.
Some travel may be required.