europe risk associate senior auditor
Detail de l'annonce :
J.P. MORGAN'S INTERNAL AUDIT DEPARTMENT
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. Globally, Internal Audit
has in excess of 1,000 auditors.
The EMEA Risk Audit team is based in London, Frankfurt, and Paris and
is responsible for assessing the adequacy of the controls specific to
risk measurement, monitoring and reporting across the Bank. This is
achieved through a program of audit coverage performed and managed by
a dedicated team of subject matter expert auditors, line of business
auditors and technology audit specialists and coordinated on a global
basis with colleagues in North America and Asia Pacific.
ROLE DESCRIPTION AND KEY RESPONSIBILITIES
The successful candidate will work within the broader EMEA Risk Audit
team as an Associate Senior Auditor, and will be accountable to the
Europe Audit Director, supporting the risk assessment, control
identification, as well as the execution of the audit plan, including
audit testing covering a range of EMEA risk control functions across
risk stripes.
The individual must demonstrate knowledge and professional experience
in risk monitoring and management, with good understanding or risk
across multiple disciplines including model risk, market risk, credit
risk, liquidity risk, and operational risk. They must be able to
execute assignments with minimal supervision. Able to work effectively
and efficiently while complying with departmental standards, with
strong relationship management capabilities and leverage knowledge of
the operational and control risks which exist in Investment Banking,
Financial Institutions or Corporate Risk supervision in general.
RESPONSIBILITIES
* Support the Europe Audit Director to complete in full the
corresponding Internal Audit Risk Plan, including those risk audit
activities impacting the Europe region. Execute coverage of audit work
across risk stripes, multiple locations/legal entities, and ensure
sufficient coverage is conducted in line with local regulatory
requirements.
* Execute and document, with limited supervision, audit activities to
a high standard in accordance with department and professional
practices. These responsibilities will include the execution of the
corresponding audit testing approach, as well as the reporting on the
effectiveness of controls that support a broad range of risk stripes.
* Perform monitoring of risk and financial related data to recognize
patterns and trends with risk and control implications. Analyse risks
and proactively identify the root-cause of issues with a view to
providing recommendations for improvement where weaknesses are
identified.
* Detail and document audit findings and use judgment to provide an
unbiased opinion on the control environment. Communicate audit results
and issues to Senior Management and Stakeholders in a clear and
concise manner, both verbally and in writing.
* Support the build-up of a strong rapport with internal and external
stakeholders, promoting transparency, open dialogue for gaining
concurrency for issues and sustainability around control issue
remediation. Identify areas of emerging risk, and accurately dimension
control issues, including cross LOB impacts. Openly communicate and
escalate messages to the Leadership Team with a sense of urgency.
* Stay current on relevant industry, regulatory, accounting,
operational and/or technology/infrastructure principles as defined by
LOB. Disseminate best practice and regulatory requirements. Critically
assess the impact of evolving industry and regulatory changes on the
business and its control environment.
* Participate in business initiatives to support the department and
firm objectives, supporting a culture of engagement while adding
value. Promote an inclusive and diverse work environment, seek advice
and continually learn.
CORE COMPETENCIES
* Business and Industry Knowledge - Demonstrable knowledge and
experience of risk monitoring and management, including risk metrics
such as VaR, Current Expected Credit Losses, and Stress, as well as
risk estimation of financial instruments across a range of asset
classes.
* Quantitative & Qualitative Skills - Understand Model risk, Market
risk, Counterparty Credit risk, Operational risk, and Stress testing
process, with reference to the product description and its
mathematical parameters. Ability to perform qualitative reviews on
internal models by collaborating with the Internal Audit model risk
team.
* Methodology & Analytical Skills - Effectively utilizes data
collection and analysis tools and techniques. Employ critical thinking
to respond to changes in the work environment. Maintain an independent
and objective approach, considering facts without personal bias. Good
understanding of internal controls and risk assessment concepts and
strong analytical skills to assess and challenge the existing control
framework supporting risk management across different risk stripes.
* Teamwork - Ability to assess priorities, adapt to a changing
environment, and timely deliver a high-quality end-product with
limited supervision. Complete work effectively and efficiently,
clearing obstacles, and keeping a strong focus on execution and plan
delivery. Ability to work well as part of a team, share information,
and support colleagues.
* Communication - Demonstrates ability to synthesize information
extracted from relevant risk analysis and control assessment
techniques. Clear and concise written and verbal communications, with
the ability to present complex and sensitive issues to management in a
persuasive manner. Actively listen and achieve a common understanding
of agreed upon conclusions and actions/next steps.
* Regulatory Framework - Understands key regional regulatory
requirements most relevant to the Capital Risk Management and usage of
internal models (e.g. Capital Requirement Regulation). Ability to
assess and adapt quickly to changes in the regulatory landscape
impacting Risk Management.
QUALIFICATIONS
* Education to degree standard (or equivalent).
* Recognized risk management or accounting qualification desirable.
J.P. Morgan is a global leader in financial services, providing
strategic advice and products to the world's most prominent
corporations, governments, wealthy individuals and institutional
investors. Our first-class business in a first-class way approach to
serving clients drives everything we do. We strive to build trusted,
long-term partnerships to help our clients achieve their business
objectives.
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. In accordance with
applicable law, we make reasonable accommodations for applicants' and
employees' religious practices and beliefs, as well as any mental
health or physical disability needs.