Associate Auditor Job Vacancy in JPMorgan Chase Bank, N.A. Mumbai, Maharashtra – Latest Jobs in Mumbai, Maharashtra

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Company Name : JPMorgan Chase Bank, N.A.
Location : Mumbai, Maharashtra
Position :

Job Description : The JPMorgan Chase Audit Department is accountable to the Audit and Examining Committee of the Board of Directors, the Office of the Chairman, senior management and our global and local regulators. The global Audit Department has in excess of 1,000 Audit officers.
The Corporate & Investment Banking (CIB) Audit Team is responsible for assessing the adequacy of the control environments across all of the CIB businesses. This is achieved through a program of audit coverage, which is performed and managed by a global team of integrated business and technology audit specialists. The Global Audit Team is based in multiple locations where JPMorgan operates and CIB is the largest operating line of business globally.
Position Description:
The Associate role is for an experienced Audit professional to join the Audit Team based in Mumbai as part of the Corporate Center CIB audit team with matrix reporting to Markets audit lead in Mumbai and also working with Global Team Leads under wider Markets domain. The individual will participate, partner with teams to execute audits of the CIB businesses globally, with a particular focus on Markets business across Front office and Middle office (FX, Currencies Emerging Markets, Rates, Credit, Equities, F&O, Prime busines, Commodities, Structured products etc.). This will involve monitoring adherence to regulatory requirements, helping ensure appropriate audit coverage of CIB Markets business audits, participating in the planning and execution of audits, and maintaining effective relationships with key business stakeholders.
Applicant must be a mature and experienced professional who possesses strong auditing skills, knowledge of Markets products and key regulations and current regulatory developments relevant to CIB and a strong understanding of internal control systems within a financial institution. In this role, the individual will be exposed to audits across the Markets lines of business in addition to other operational support functions as required. The applicant should be a strong team player and be good in multi-tasking, and able to work under pressure in a dynamic business environment Responsibilities.
Assess the regulatory control environment of CIB businesses, with a view to providing recommendations to management for improvement where weaknesses are identified.
Execute audits efficiently, including risk assessment, audit planning, testing, control evaluation, report drafting and follow-up and verification of issue closure. Ensure audits are completed timely and within budget.
Work closely with regional/global CIB audit colleagues in the early identification of emerging control issues and reporting them timely to Audit management and business stakeholders.
Identify risks and prioritize audit work as part of a risk based audit program in close partnership with the wider audit team.
Keep abreast of evolving regulatory changes and market events impacting the CIB Markets businesses and ensure appropriate audit coverage.
Communicate audit issues and results effectively in both verbal and written form, and be able to influence effectively.
Establish and manage strong working relationships with key stakeholders in the CIB Markets organizations.
Foster a business climate and culture that encourages integrity, respect, diversity, excellence and innovation.

Qualifications

Minimum Bachelor’s degree in Accounting, Finance or related discipline and/or other relevant professional qualifications, e.g. CA, CPA, CAMS.
Minimum 7-8 years audit or relevant compliance/regulatory experience, within a financial services organization, major accounting firm or regulatory body.
Knowledge of Markets products along with key regulations and industry issues & themes (e.g. fiduciary, conflicts of interest, information barriers, regulatory reforms).
Good understanding of internal control concepts.
Ability to carry out complex tasks under time pressure.
Proven ability to build strong working relationship with key stakeholders.
Excellent verbal and written communication skills with the ability to present complex and sensitive issues to senior management in a persuasive manner.
Enthusiastic, self-motivated and willing to take personal responsibility/accountability.
Strong ability to multi-task and effective under pressure.
Ability to lead audits, manage projects and participate in audit assignments in a team environment.
Works well individually and in teams, shares information and supports colleagues.
Be flexible and adaptable to dynamically changing work environments, including some travel to other countries as part of regional audit engagements. Ability to travel within the Asia region (up to 20%).
JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

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