Internal Audit Practices Director - QA

Key Skills

Accounting, Effective communication skills, Finance, Machine learning techniques, Management

Job Description

The JPMorgan Chase Audit Department is accountable to the Audit Committee (AC) of the Board of Directors, the Office of the Chairman, executive management, and regulators. Audit is charged with providing an independent evaluation of the adequacy and effectiveness of the overall system of internal control. Audit maintains a Quality Assurance (QA) and Improvement program, executed by a team of 15 auditors, covering all material aspects of the audit function, assessing the efficiency and effectiveness of the IA function and identifying opportunities for improvement. QA seeks an Audit Practices Director - QA to develop, manage, and oversee the delivery of a risk-based QA plan for Audit. The successful candidate will be one of three Team Leads, managing a team of approximately four auditors executing coverage across multiple Audit Teams. The applicant must possess strong auditing skills and good knowledge of auditing methodology, related industry standards and regulatory requirements.

Internal Audit is an independent function at JPMorgan Chase & Co. that aims to enhance and protect the firm by providing risk-based and objective assurance, advice and insight.

We work with every Line of Business and Corporate Function to assess the internal control processes that drive our global business — identifying areas of improvement to help safeguard the firm. Using cutting-edge audit technology, data, methodology and sound judgement, we bring a systematic and disciplined approach to evaluating and improving the effectiveness of governance, risk management and controls.

We’re proud of our reputation for excellence, integrity and collaboration. Our priorities of strong governance, transparency and strategic engagement, along with our people-first culture centered around diversity, equity, inclusion, teamwork, career progression and continuous learning, have helped us create a coveted workplace where everyone feels like they belong.

Our global team is made up of more than 1,200 talented and passionate individuals in more than 20 countries around the world.

Job Responsibilities

• Developing, managing, and overseeing the delivery a risk-based QA plan including development of automated QA activities (Continuous QA) including use of Machine Learning.
• Contributing to the resolution of complex and time sensitive regulatory and audit issues
• Strengthening and managing relationships within Audit Practices and Audit Management Teams
• QA management reporting and metrics, articulating complex issues and themes to Chief Auditors and their Management Teams, and presenting audit issues to various forums including Audit Councils
• Staying current with evolving industry and regulatory standards, and analyzing impact to current audit practice
• Managing a team of resources including recruiting, developing, and retaining a team of highly skilled auditors
• Prioritizing diversity & inclusion by creating an environment where all team members can contribute to their full potential

Required qualifications, capabilities, and skills

• 10+ years of internal or external auditing experience, or relevant business experience
• Bachelor's degree (or relevant financial services experience) required
• Experience with internal audit methodology, standards, and regulations (e.g., IIA, OCC Heightened Standards and FRB 13-1) and application of concepts
• 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. This includes strong analytical skills particularly in regard to assessing the risks associated with audit execution deficiencies
• Excellent verbal and written communication skills with strong interpersonal skills to present complex and sensitive issues to senior management, principally Chief Auditors and their Management Teams, and influence change.
• Strong interpersonal and influencing skills, with the ability to establish credibility and strong relationships with all stakeholders including IA Management and regulators
• Enthusiastic, self-motivated, strong interest in learning, effective under pressure and willing to take personal responsibility/accountability. This includes a proven ability to multitask as well as assess and change priorities

Preferred qualifications, capabilities, and skills

• CPA, CIA, CFA, CFIRS and/or Advanced Degree in Finance or Accounting
• 4+ years of experience managing teams across multiple locations including recruiting, developing, and retaining staff.

ABOUT US

JPMorgan Chase & Co., 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 and perspectives that 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. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) 1-866-777-4690 and indicate the specifics of the assistance needed.)

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans