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Description: Unlock your potential as an experienced audit professional with our Commercial and Investment Banking audit team. Job Summary: As a Commercial and Investment Banking Senior Audit Associate in our Internal Audit team based in Mumbai, you will provide coverage of Commercial and Investment Banking Securities Services business activities, including Custody, Fund Accounting, Trade Processing and Settlement, Liquidity and Trading Services, and Transfer Agency, by evaluating the adequacy and effectiveness of the control environment across regions. This will be accomplished through a risk-based audit coverage program, managed and executed by a team of business and technology audit specialists. 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 Commercial and Investment Banking central 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 Commercial and Investment Banking Audit colleagues in the early identification of emerging control issues and reporting them timely to Audit management and business stakeholders while adhering to audit 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 - Build and maintain strong working relationships with stakeholders, business management, other control groups while maintaining independence - Stay up-to-date with evolving industry / regulatory changes and market events impacting the business and demonstrate technical competency. Required qualifications, capabilities and skills: - Minimum 7 years of internal or external auditing experience - Minimum Bachelor's degree (or relevant financial services experience) - Ability to operate as an effective auditor, with a solid understanding of internal controls 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 - Enthusiastic, self-motivated, effective under pressure and willing to take personal risk and accountability - Ability to work well individually, and in teams, share information, support colleagues and encourage participation. Preferred qualifications, capabilities and skills: - Chartered Accountant or equivalent, Certified Internal Auditor, and/or Advanced Degree in Finance or Accounting - Relevant working experience in Investment Banking business JPMorganChase, 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 - Senior Audit Associate - Commercial & Investment Banking 

Job Description for JP Morgan Chase - Senior Audit Associate - Commercial & Investment Banking  in JP Morgan Chase in  Mumbai for (7-10) years of experience. Apply Now!

JP Morgan Chase - Senior Audit Associate - Commercial & Investment Banking  | iimjobs.com