J.P. Morgan is a leading global financial services firm, established over 200 years ago:
- We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.
- We have assets of $2.5 trillion and operations worldwide
- We operate in more than 100 markets.
- We have more than 243,000 employees globally.
Our wholesale businesses include J.P. Morgan’s Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families.
Our corporate functions support the entire organization and include the following functions: Accounting, Audit, Finance, Human Resources, Operations, and Technology.
J.P. Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm’s operations regionally and globally. The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions.
The JPMorgan Chase Audit Department is accountable to the Audit Committee of the Board of Directors, the Office of the Chairman, executive management and regulators. Audit is charged with providing an independent evaluation of the adequacy and effectiveness of the overall system of internal control. The function works as a strategic partner to assist management in identifying and mitigating control risks and ensuring compliance with laws and regulations across the firm.
Reporting functionally to the Audit Committee and administratively to the Chairman and Chief Executive Officer, Audit employs more than 1,200 professionals worldwide.
The Consumer & Community Banking Audit Team covers a diverse range of businesses including Consumer & Business Banking, Consumer Card, Chase Commerce Solutions, Chase Wealth Management, Auto Finance and Mortgage Banking.
The Consumer and Community Banking line of business includes leading consumer businesses which collectively employ in excess of 150,000 people, and serve more than 50 million consumers and 4 million small businesses with a broad range of financial services, including personal banking, small business lending, mortgages, credit cards, payments, auto finance and investment advice.
This role provides an opportunity to participate in and lead audits in India in the business and operations activities within the CCB operations of JPMC in India. In addition, from time to time the individual may be asked to facilitate audits within other Lines of Businesses as well as those within other CCB locations. The individual will perform and work in accordance with department and professional standards evaluate the system of internal controls and prepare risk assessment matrices, audit programs and audit planning memorandums. This individual should be a strong team player and good multi-tasker, and able to work under pressure in a dynamic business environment.
- Participate in all aspects of audit activities including risk assessments, audit planning, audit testing, control evaluation, report drafting, and follow up and verification of issue closure, in close partnership with and support of other senior auditors.
- Work closely with regional/global CCB audit colleagues in the early identification of emerging control issues and reporting them timely to Audit management and business stakeholders.
- Develop recommendations to strengthen internal controls and improve operational efficiency.
- Work with local, regional and global audit managers in the early identification of emerging control issues and report them timely to senior management.
- Stay abreast of local regulations and response to local regulator's inquiries on a timely basis.
- Communicate effectively, both verbally and in written form, audit results and issues.
- Partner with legal, compliance, risk management and other control groups establishing strong work relationships, while maintaining independence.
- Partner with colleagues in other locations and lines of businesses to facilitate achievement of the overall desired audit coverage.
- Bachelor's degree in Accounting, Finance or related discipline
- CIA/CPA/CA/MBA in Finance certification desirable with 6-9 years of experience
- Previous audit experience is mandatory. Previous business experience is desirable.
- Good understanding of internal control concepts
- Proven ability to multitask as well as assess and change priorities.
- Strong communication and interpersonal skills, enthusiastic, self-motivated, effective under pressure and willing to take personal risk.
- Strong analytical skills particularly in regard to assessing the probability and impact of an internal control weakness.
- Flexibility to travel as required.