Vice President, Audit Manager Job Listing at J.P. Morgan Chase in NY, New York

Finance

Department Description: The JP Morgan 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. The global Audit Department has in excess of 500+ auditors. The Investment Banking audit team is responsible for assessing the adequacy of the control environments across all the investment bank businesses. This is achieved through a program of audit coverage that is performed and managed by a global team of integrated technology and financial business specialists. Position Description: This role will include execution of the program of audit coverage for North America (NA) Rates, Securitized Products and Public Finance businesses, as well as some Commodities coverage. Specifically, these businesses include product coverage of Interest Rate Currency derivatives and cash instruments, including Asset Backed Securities / Mortgage Backed Securities as well as the securitization market, public (municipal) finance and the energy business. The individual should have an end to end understanding of these businesses. The Audit Manager must be a mature and experienced professional who possesses outstanding leadership skills, strong relationship management capabilities and is knowledgeable of the operational and control risks which exist in these businesses. The position reports to the Global Lead of the IB Rates, Securitized Products, Public Finance Commodities Audit Team in New York. This position requires an individual who can actively partner with global and regional technology and business management, colleagues and regulators, and is an outstanding manager who can effectively recruit and develop high quality audit professionals. Responsibilities: As a member of the IB Audit Team in NA you will be expected to design and implement the audit program of coverage which involves effective risk assessment and design of a prioritize risk coverage approach.You will be responsible for specific businesses and for executing the corresponding audit plan, for senior client relationships and for monitoring and influencing ongoing business projects throughout the year. Responsibilities :

• Perform detailed test work.
• Partner with colleagues, clients and control community members to evaluate, test and report on the adequacy and effectiveness of management controls.This is conducted in accordance with department and professional standards and will require the presentation of root cause issues to senior client management.
• Track management's corrective actions in response to control findings.
• Disseminate best practice and lessons learned to colleagues and clients.
• Identify and follow up on specific audit issues and ensure appropriate involvement with significant development efforts or projects. In this capacity members of the team are often asked to join the steering or program control committee's of major projects to provide continuous feedback on control issues or compliance with best practice standards.
• Perform monitoring of periodic operational and financial related data to recognize patterns and trends with risk and control implications.
• Build effective contacts and relationships with client management and colleagues through effective teamwork and innovating thinking.
• Some travel may be required.