Corporate – Audit – CIB – Custody & Fund Services Auditor – Associate

Job Title: CIB – Custody & Fund Services – Audit Associate
 
Employing Legal Entity: J.P. Morgan Chase Bank N.A – London Branch
Posting Date:
 
About J.P. Morgan
J.P. Morgan is a leader in financial services, working in collaboration across the globe to deliver the best solutions and advice to meet our clients’ needs, anywhere in the world.  We operate in 150 countries, and hold leadership positions across our businesses.  We have an exceptional team of employees who work hard to do the right thing for our clients and the firm, every day.  This is why we are the most respected financial institution in the world – and why we can offer you an outstanding career.
 
Our business
 
The Internal Audit Department provides the Board of Directors, senior management and regulators with an independent assessment of JPMorgan Chase’s (‘JPMC’) control environment. Audit works closely with the Lines of Business (‘LOBs’) and their support functions to achieve its mission through the execution of a comprehensive audit program designed to test the effectiveness of the controls in place to mitigate the risks inherent in each business. The department is respected throughout the firm for the calibre of the staff and their ability to add value beyond the audit opinion. Globally, Internal Audit has in excess of 1,000 auditors.
 
Our team
 
The individual will be responsible for assessing the adequacy of the control environment within the EMEA Custody and Fund Services business. The position, which is based in London, is part of the EMEA Custody & Fund Services (CFS) Audit team responsible for the audit coverage across EMEA for Global Custody, Fund Services, Alternatives, Agency Lending and Agency Collateral Management. However, the individual may have opportunity to participate in the broader CIB audits in addition to CFS audits.
 
Opportunity
 
The individual must be an experienced professional, possess strong project management skills, have relationship management capabilities and audit experience to some of the above businesses. Any knowledge of the UK / European regulatory framework is an advantage.
 
Key responsibilities:

Execute and document audits with limited supervision to a high standard in accordance with department and professional standards.

Evaluate, test and report on the adequacy and effectiveness of the control environment.

Analyse risks and proactively identify the root cause of issues.

Finalise audit findings and use judgment to provide an overall opinion on the control environment.

Communicate audit results and issues in a clear and concise manner, both verbally and in writing.

Employ computer-assisted auditing tools and identify opportunities for the use of continuous monitoring and automated auditing.Requirements

Business and Industry Knowledge – demonstrable knowledge, and experience of performing audit work across CFS products, in particular global custody and fund administration.

Methodology & Analytical Skills – detailed understanding of internal control and risk assessment concepts and strong analytical skills to assess the impact of control weaknesses.

Communication – Strong verbal and written communication skills, with the ability to present complex and sensitive issues in a persuasive manner.

Leadership – adapts to a changing environment, monitor progress and timely deliver a high quality end product. Enthusiastic, self motivated and effective under pressure.

Accountability – proven ability to support execution of audits / projects. Seeks ways to increase efficiency and effectiveness of work performed. Willing to take personal responsibility/accountability.

Project management – ability to assess priorities, participate in audit assignments and execute assigned audit tasks in a team environment.
 
Essential skills
 

Education to degree standard (or equivalent) in an Accounting, Finance, Economics or related discipline is preferred.

Recognized Audit qualification is desirable although not mandatory.

Enthusiastic, self-motivated, strong interest in learning, effective under pressure and willing to take personal responsibility/accountability.

Knowledge of applicable European regulations impacting Custody & Fund Services.
  The successful candidate knows how to set priorities right, is flexible in managing working hours and feels comfortable in delivering the right results under time pressure and within tight deadlines.
 
We offer you an interesting job at a leading global bank, competitive salary, attractive benefits and the opportunity to work on your career development in a team-oriented international working environment.
We look forward to receiving your complete application, referencing your earliest starting date.
 
About J.P. Morgan Chase & Co:
 
 
J.P. Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.1 trillion.  The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its JPMorgan and Chase, and WaMu brands.
 
J.P. Morgan offers an exceptional benefits program and a highly competitive compensation package. J.P. Morgan is an Equal Opportunity Employer