JP Morgan Chase's Corporate Risk Audit Team provides independent, comprehensive assurance across the firm's valuation and risk control environment, ensuring governance integrity for the Board, senior management, and regulators.

Job Summary

• As an Associate
• India VCG_Senior Auditor within the Corporate Risk Audit Team, you will be responsible for assessing the control environment supporting the firm's risk operations and valuation model methodologies.

Job responsibilities

• Understand the design, implementation and use of Valuation models and methodology across the asset class, including the adequacy of developmental evidence and demonstration of effective independent challenge where warranted.

• Participate in all aspects of audit activities including risk assessments, audit planning, audit testing, control evaluation, report drafting, work paper documentation and follow up and verification of issue closure.

• Partner with colleagues, clients and control community members to evaluate, test and report on the adequacy and effectiveness of management controls in accordance with department and professional standards.

• Ensure the delivery of a seamless program of audit coverage in partnership with other audit teams.

• Identify emerging control issues and report them to line of business and audit management.

• Perform periodic monitoring of operational and financial data to recognize patterns and trends with risk and control implications.

• Stay up to date with evolving regulatory and market events impacting the firm's risk organization.

Required qualifications, capabilities and skills

• A control mindset capable of forming and supporting independent views on risks associated with using valuation models

• Excellent communication and interpersonal skills, including strong technical writing and the ability to present complex and sensitive issues to senior management

• Proficiency in valuation practices, risk assessment, issue/impact analysis and executive report preparation

• Enthusiastic, self-motivated, and effective under pressure facing multiple deadlines

• Works well individually and in teams, shares information, supports colleagues and encourages participation

• Master’s with a quantitative focus

Preferred qualifications, capabilities and skills

• Minimum 6-8 years of Valuation control or relevant business experience (for example Model validation, risk management coverage etc)

• Relevant certification or accreditation (e.g., CFA, FRM, CIA) is a plus

• Knowledge of regulatory guidance (e.g., SR 11-7, SR 15-18) and capital adequacy relevant topics