Audit Manager [Multiple Positions Available]

JPMorganChase; Jersey City (NJ); On-site; USD 194,000 - 200,000; Full time

Job summary

JPMorganChase in Jersey City, NJ seeks a senior Internal Audit professional to execute complex audits within finance, risk, and capital management. You will lead audit planning, testing, issue identification, and reporting, while maintaining stakeholder relationships and monitoring control adequacy.

The role emphasizes data analytics, regulatory understanding, and collaboration with risk, business, and control teams to ensure strong ICAAP and capital adequacy coverage.

Qualifications

• Bachelor’s degree in Accounting/Finance or related field plus experience in internal audit or risk management.
• Experience leading complex audits and coordinating planning of audit activities.
• Strong knowledge of Basel framework and capital management concepts in banking.

Responsibilities

• Execute and lead audits across finance, risk, and capital management frameworks.
• Coordinate annual audit planning and reporting to senior management.

Skills

Internal Audit

Regulatory Compliance

Data Analytics

Risk Assessment

Leadership

Education

Bachelor's degree in Accounting/Finance

Master's degree in related field

Tools

ACL

IDEA

Power Query

Job description

JOB DESCRIPTION
Duties: Execute Internal Audit department's coverage strategy for Category I Banking Institution's finance, risk, and capital management frameworks, including leading and executing complex audits, assessing the control environment, and maintaining relationships with and providing control related advice to business stakeholders. Coordinate and execute the annual planning of audit activities, including risk assessments of control environment and quality control of the process. Lead and execute all aspects of individual audits, including audit planning, audit testing, issue identification and reporting, and audit report crafting and issuance. Coordinate capital planning coverage with teams across Lines of Business (LOB) and Risk Stripes to ensure consistency of execution, results aggregation, Senior Management reporting, and overall seamless delivery of capital planning program across JPMorgan Chase. Support manager in the execution of audit strategy for coverage of the end-to-end capital planning processes, and maintenance of stakeholder relationships. Partner with colleagues, business stakeholders, and control management team members to monitor the adequacy and effectiveness of management controls and identify patterns and trends with risk and control implications. Research and monitor evolving regulatory and market events impacting the firm's business objectives, risk profile, processes, and compliance.

Description
JOB DESCRIPTION
Duties: Execute Internal Audit department's coverage strategy for Category I Banking Institution's finance, risk, and capital management frameworks, including leading and executing complex audits, assessing the control environment, and maintaining relationships with and providing control related advice to business stakeholders. Coordinate and execute the annual planning of audit activities, including risk assessments of control environment and quality control of the process. Lead and execute all aspects of individual audits, including audit planning, audit testing, issue identification and reporting, and audit report crafting and issuance. Coordinate capital planning coverage with teams across Lines of Business (LOB) and Risk Stripes to ensure consistency of execution, results aggregation, Senior Management reporting, and overall seamless delivery of capital planning program across JPMorgan Chase. Support manager in the execution of audit strategy for coverage of the end-to-end capital planning processes, and maintenance of stakeholder relationships. Partner with colleagues, business stakeholders, and control management team members to monitor the adequacy and effectiveness of management controls and identify patterns and trends with risk and control implications. Research and monitor evolving regulatory and market events impacting the firm's business objectives, risk profile, processes, and compliance.
Qualifications
Minimum education and experience required: Bachelor's degree in Accounting, Finance, Mathematics, Economics or related field of study plus 7 years of experience in the job offered or as Audit Manager, Audit lead, Finance Lead Auditor, Auditor, or related occupation. The employer will alternatively accept a Master's degree in Accounting, Finance, Mathematics, Economics or related field of study plus 5 years of experience in the job offered or as Audit Manager, Audit lead, Finance Lead Auditor, Auditor, or related occupation.
Skills Required: This position requires experience with the following: executing and leading external audits for banking institutions which include the review of capital requirements, risk, and capital management frameworks; auditing, assessing and monitoring Basel framework including Basel requirements and Capital Management framework encompassing regulatory requirements, including rule interpretation and implementation, capital stress testing, and risk-weighted asset calculation; reviewing banking products and services that cover asset classes and financial services, including product methodology, risk assessment, and control environment for internal control design processes; applying accounting standards, including US GAAP and IFRS, in the review, preparation, consolidation, and analysis of financial statements across multiple legal entities to meet internal and external reporting requirements; designing and executing risk assessment frameworks, utilizing quantitative and qualitative methodologies to identify risks, evaluate control effectiveness, and inform executive decision-making; conducting issue and impact analyses on financial, regulatory, or operational matters, and preparing executive reports and presentations for senior management; utilizing data analytics platforms including ACL, IDEA and Power Query in Excel, to obtain data-driven insights that facilitate review and evaluation of control environment; creating business process workflows using workflow tools including Visio; coordinating Capital Planning including Capital Stress Testing and Capital Adequacy Assessment for banking institutions; overseeing the execution of audit strategy of capital planning framework coverage; collaborating with cross-functional teams to achieve end to end coverage of the internal controls framework of Internal Capital Adequacy and Assessment (ICAAP) framework.
Job Location: 545 Washington Blvd, Jersey City, NJ 07310.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. In addition, please visit: https://careers.jpmorgan.com/us/en/about-us.
Full-Time. Salary: $194,000 - $200,000 per year.
About Us
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.