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JPMorgan Chase Audit - Senior Auditor - Associate in Jersey City, New Jersey

Model Risk Audit team is tasked with assessing the overall effectiveness of the model risk management framework of the Firm, including the framework's ability to address model risks associated with model development, implementation, and use.

JPMorgan Chase Internal Audit seeks a Model Risk Auditor, Associate to manage auditing project and perform audit testing, and participate in applicable control and governance forums.

Responsibilities include:

  • Manage and execute audit projects and produce quality deliverables to both department and professional standards while ensuring audits are completed timely and within budget

  • Work closely with global audit colleagues in the early identification of emerging control issues and reporting them timely to audit management and business stakeholders

  • Recognize the confidential nature of Internal Audit communications and access to information; disciplined in protecting the confidentiality and security of information in accordance with firm policy

  • Partner with stakeholders, business management, other control groups (i.e. model development, model review and governance, risk management, and compliance), external auditors, and regulators establishing strong working relationships while maintaining independence

  • Finalize audit findings and use judgment to provide an overall opinion on the control environment through developing recommendations to strengthen internal controls

  • Communicate audit findings to management and identify opportunities for improvement in the design and effectiveness of key controls

  • Support the execution of 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 changes impacting the business and participate in appropriate control forums

  • Champion a culture of innovation

  • Find ways to drive efficiency with existing technical infrastructure through automation while embracing the innovative opportunities offered by new technologies

Qualifications:

  • A Ph.D. or master's degree in a quantitative field such as Financial Engineering, Statistics, Mathematics, Physics.

  • Have strong track record of applying critical thinking and analytical skills to identify and solve problems

  • Solid understanding of internal control concepts with the ability to evaluate and determine the adequacy of controls by considering business risks in an integrated manner

  • Excellent verbal and written communication skills with strong interpersonal skills to present complex and sensitive issues to senior management and influence change

  • Strong interpersonal and influencing skills, with the ability to establish credibility and strong partnership with business and control partners

  • Strong analytical skills particularly in regard to assessing the probability and impact of a control weakness

  • Enthusiastic, self-motivated, strong interest in learning, effective under pressure and willing to take personal responsibility/accountability

  • Flexible to changing business priorities and ability to multitask in a constantly changing environment

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.

Equal Opportunity Employer/Disability/Veterans

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