Assistant Vice President, Audit
Req #: 180097386
Location: New York, NY,US
Job Category: Accounting/Finance/Audit/Risk
Duties: Work as part of the Corporate Finance Capital Audit team.
Participate in audits related to CCAR and Basel advanced systems. Evaluate the system of internal controls and prepare risk assessment matrices, audit testing programs and audit planning memos as appropriate. Review and prepare detailed reports of audit findings, recommend changes in operation as appropriate and complete assignments in an efficient manner with sufficient attention to detail to ensure accurate and thorough coverage.
Responsible for handling audits, interacting with senior management and executing planning, fieldwork and reporting. Apply auditing practices to support JPMorgan Corporate Finance and Corporate Risk Management functions. Execute audit projects from planning to reporting and deliver a quality product in line with department standards and expectations.
Identify risks, evaluate, test and report on the adequacy and effectiveness of management controls. Assess audit findings and use judgment to provide an overall opinion on the control environment. Build and maintain key relationships with stakeholders, establishing a culture of engagement while adding value.
Document audit results and communicate issues to management, identifying opportunities for improvement in the design and effectiveness of key controls. Employ computer-assisted auditing tools where applicable to maximize the efficiency of sampling.
Minimum education and experience required: Master's degree or equivalent in Accounting, Finance, or related field plus 2 years of experience in public accounting, banking, risk management, internal audit, or related experience OR Bachelor's degree or equivalent in Accounting, Finance, or related field plus 5 years of experience in public accounting, banking, risk management, internal audit, or related experience.
Skills Required: Must have experience in audit or risk and control functions for financial services industry.
Must have demonstrated knowledge of stress testing and CCAR reporting. Must have demonstrated knowledge of Basel II/III and relevant supervisory guidance/expectations. Must have demonstrated knowledge of Sarbanes Oxley requirements.
Must have experience with computer-assisted auditing tools where applicable to maximize the efficiency of sampling, e.g. Microsoft Excel. Must have experience with computer-assisted regulatory reporting tools, e.g. "edit checks" functionality in the system, Axiom.
Must have experience with computer-assisted upstream Risk systems, e.g. Loan IQ. Must have experience in assessing the probability and impact of an internal control weakness and calculation of internal audit issue severity.
Must have experience in audit validation of issues raised by the Federal Regulators. Must have experience in audit report writing. Employer will accept any amount of professional experience with the required skills.
Jpmorgan Chase & Co.