Associate - Senior Auditor - Corporate Investment Banking

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 for assessing the adequacy of control environments across CIB businesses through globally managed business and technology audit coverage.

Position Description

As a Commercial and Investment Banking Senior Audit Associate based in Mumbai as part of its Finance Audit team, you will participate and partner with teams to execute a risk-based program of audit coverage over the CIB’s financial controls, including controls supporting integrity of financial statements and compliance with diverse external/regulatory reporting requirements.  You will also be assessing adequacy of inputs into capital planning processes and accuracy of management, legal entity and liquidity reporting. This will involve ensuring appropriate audit coverage, participating in the planning and execution of CIB audits, and maintaining effective relationships with key business stakeholders.

You will be involved in audit engagements, performing and documenting audit testing, and partnering closely with global Audit colleagues and business stakeholders. The role will require you to use your judgment to enhance internal controls, and offer you the chance to gain a comprehensive understanding of key functions and controls, and the related regulatory landscape.  

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 allocated budget


• Work closely with global Audit colleagues to identify emerging control issues and report them timely to Audit management and business stakeholders.


• Develop recommendations to strengthen internal controls and improve operational efficiency


• Identify risks and prioritize audit work as part of a risk based audit program in close partnership with the wider Audit team


• Build and maintain strong working relationships with stakeholders, business management, other control groups while maintaining independence


• 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


• Stay up to date on evolving industry, accounting, and regulatory trends to assess impact on CIB Finance and the program of audit coverage. Participate in control forums, as applicable.


• Foster a business climate and culture that encourages integrity, respect, diversity, excellence and innovation

Required qualifications, capabilities and skills

• 5+ years of internal audit experience, could be in combination with external audit, operational risk or relevant business experience. 


• Bachelor's degree. 


• Experience with internal audit methodology and applying concepts in audit delivery and execution


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


• Strong communication, interpersonal and influencing skills, with the ability to establish credibility and create partnerships with senior business and control partners.


• Advanced analytical skills for assessing internal control weaknesses


• Strong understanding of financial risks and controls.


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

Preferred qualifications, capabilities and skills

• Chartered Accountant or equivalent


• Prior experience with Big 4 accounting firm and/or internal audit department in financial services industry 


• Exposure to capital planning (CCAR/ICAAP), broker-dealer and bank regulatory reporting, and Treasury/liquidity reporting processes


• Experience with using data analytics, Alteryx and advanced excel functionality