Commercial Investment Banking - Markets - Audit Associate

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Mumbai, Maharashtra, IND
Hybrid
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Job Description
Join our dynamic and growing team in Internal Audit and get an opportunity to work with multiple line of business.
Job Summary
As a Commercial and Investment Banking Markets Audit Associate in our Internal Audit group, you will be part of audit engagement to perform, execute and document audit testing, partner closely with global Audit colleagues and business stakeholders, and use judgment to strengthen internal controls. The role provides the opportunity to develop a detailed understanding of Commercial and Investment Banking Markets business, specifically Credit Trading, Securitized Product Group (SPG), and Public Finance businesses, including electronic trading.
Job Responsibilities
  • Participate in all aspects of audit activities including risk assessments, audit planning, audit testing, control evaluation, issue drafting, and follow up and verification of issue closure, in close partnership with and support of senior auditors and/or audit managers, and ensuring audit assignments are completed timely and within budget.
  • Work closely with global Markets audit colleagues in the early identification of emerging control issues and reporting them timely to Audit management and business stakeholders.
  • Meet deliverables and adhering to department standards.
  • Stay up-to-date with evolving industry changes and market events impacting Markets business.
  • Develop recommendations to strengthen internal controls and improve operational efficiency
  • Take ownership of self-development, including stretch assignments, to prepare for greater responsibilities and career growth, and take initiative to seek out opportunity for continued learning
  • Implement and execute an effective program of continuous auditing for assigned areas, including monitoring of key metrics to identify control issues and adverse trends.
  • Stay up-to-date with evolving industry/regulatory developments impacting the business.
  • Demonstrate and maintain technical competency.

Required qualifications, capabilities and skills
  • Minimum 5 years of internal or external auditing experience, or relevant business experience.
  • Minimum Bachelor's degree (or relevant financial services experience)
  • Ability to operate as an effective auditor, you will have a solid understanding of internal control concepts and the ability to evaluate and determine the adequacy of controls for a given set of risks
  • Experience with internal audit methodology and applying concepts in audit delivery and execution
  • Excellent written, verbal, and presentation skills; adept at presenting complex and sensitive issues to senior management
  • Strong interpersonal and influencing skills, with the ability to establish credibility and build partnerships with senior business and control partners, while also influencing the actions of the business to improve its control environment.
  • Strong analytical skills, particularly in regard to assessing the probability and impact of an internal control weakness
  • Proven ability to multi-task and prioritize effectively and drive efficiency with existing technical infrastructure through automation while embracing the innovative opportunities offered by new technologies

Preferred qualifications, capabilities and skills
  • Chartered Accountant or equivalent, Certified Internal Auditor, and/or Advanced Degree in Finance or Accounting
  • Relevant working experience in Markets business.

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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
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.
The Audit department provides independent assessments to evaluate, test and report on the adequacy and effectiveness of our governance, risk management and internal controls. The team's priorities are focused on strong governance, transparency, strategic engagement, and fostering a diverse and inclusive culture that develops our talent.

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
  • Parental & Family Support Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
  • Retirement Support Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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