Senior Auditor - Valuation Control and Governance

Associate - India VCG_Senior Auditor

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 

 

 

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Experience Level

Mid Level