europe model risk vp senior auditor

J.P. MORGAN'S INTERNAL AUDIT DEPARTMENT JPMorgan Chase Internal Audit is an independent function accountable to the Audit Committee of the Board of Directors, the Office of the Chairman, senior management and our global and local regulators. Internal Audit is comprised of more than 1,000 auditors, located in key locations across the globe, and is responsible for assessing the adequacy of the control environments across the firm's lines of business. The Model Risk Audit team is based in London, New York, Paris and Bengaluru and is tasked with assessing the overall effectiveness of the model risk management framework of the Firm, including the framework's ability to address model risks associated with model development, implementation, and use. JOB DESCRIPTION : JPMorgan Chase Internal Audit seeks a Model Risk Auditor as a Vice President within the Europe Model Risk Audit team based in Paris, to develop and execute the annual audit plan, manage audit engagements, oversee and perform audit testing, and participate in applicable control and governance forums. The successful candidate will work within the broader EMEA Model Risk Audit team and will be accountable to the Europe Risk Audit Director. Responsibilities include: * Support the Europe Risk 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 multiple locations/legal entities and Line Of Business, and ensure sufficient coverage is conducted in line with local regulatory requirements. * Lead and participate on audit engagements from planning to reporting and produce quality deliverables to both department and professional standards while ensuring audits are completed timely and within budget * Work closely with global audit colleagues in the early identification of emerging control issues and reporting them timely to audit management and business stakeholders * Recognize the confidential nature of Internal Audit communications and access to information; disciplined in protecting the confidentiality and security of information in accordance with firm policy * Partner with stakeholders, business management, other control groups (i.e. risk management, compliance, fraud prevention), external auditors, and regulators establishing strong working relationships while maintaining independence * Finalize audit findings and use judgment to provide an overall opinion on the control environment through developing recommendations to strengthen internal controls * Communicate audit findings to management and identify opportunities for improvement in the design and effectiveness of key controls * Implement and execute an effective program of continuous auditing for assigned areas, including monitoring of key metrics to identify control issues and adverse trends * Effectively manage teams where required, performing timely review of work performed and providing honest and constructive feedback * Stay up-to-date with evolving industry/regulatory changes impacting the business and participate in appropriate control forums * Champion a culture of innovation * Find ways to drive efficiency with existing technical infrastructure through automation while embracing the innovative opportunities offered by new technologies QUALIFICATIONS * A Ph.D. or master's degree in a quantitative field such as Financial Engineering, Statistics, Mathematics, Physics with 7+ year experiences in model development/model validation/model risk auditing. * Solid understanding of internal control concepts with the ability to evaluate and determine the adequacy of controls by considering business and technology risks in an integrated manner * 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. * Excellent verbal and written communication skills with strong interpersonal skills to present complex and sensitive issues to senior management and influence change * Strong interpersonal and influencing skills, with the ability to establish credibility and strong partnership with senior business and control partners * Strong analytical skills particularly in regard to assessing the probability and impact of an internal control weakness * Proven ability to multitask as well as assess and change priorities * Enthusiastic, self-motivated, strong interest in learning, effective under pressure and willing to take personal responsibility/accountability * Flexible to changing business priorities and ability to multitask in a constantly changing environment * Willing to travel as needed 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.