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Commercial Investment Banking - Audit Manager 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 & Investment Bank (CIB) Audit Manager within the Internal Audit team, you will be responsible for assessing the adequacy and effectiveness of the control environment primarily for Payments business activities of India and APAC region, and also coverage of other business activities related to Securities Services, Global Corporate & Commercial Banking and Markets functions. This is achieved through a risk-based program of audit coverage performed and managed by a team of business and technology audit specialists and coordinated on a global basis with colleagues in other regions. 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 CIB Payments business including Core Payments, Merchant Services, Liquidity and Trade & Working Capital. 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 India and APAC audit colleagues in the early identification of emerging control issues and reporting them timely to Audit management and business stakeholders. - Submit required information to and also attend the Board meeting as representative of Audit function - Cover local regulatory audit requirement for the Payment business - Meet deliverables and adhering to department standards. - 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/changes and market events impacting the business. - Demonstrate and maintain technical competency. Required qualifications, capabilities and skills: - Minimum 10 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 Payment business and India local regulatory auditing requirements. JP Morgan Chase, 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. Note : For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well.

Mumbai

JP Morgan Chase - Audit Manager - Commercial Investment Banking 

Job Description for JP Morgan Chase - Audit Manager - Commercial Investment Banking  in JP Morgan Chase in  Mumbai for (10-14) years of experience. Apply Now!

JP Morgan Chase - Audit Manager - Commercial Investment Banking  | iimjobs.com