EMEA Risk Senior Auditor – Associate

TN United Kingdom; London; On-site; GBP 100,000 - 125,000; Full time

Job description

Client:

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Reference:

1fb816affb6d

Job Views:

10

Posted:

06.04.2025

Expiry Date:

21.05.2025

Job Description:

This is an Associate – Senior Auditor role within the Internal Audit Risk team based in London covering several risk stripes (Market Risk, Principal Risk, and Structural Interest Rate Risk). This role provides an exciting opportunity for professional career growth in audit, evaluating risk management and risk estimation practices across a wide range of asset classes and lines of business within JPMorgan Chase.

As an EMEA Risk Associate - Senior Auditor in the Internal Audit department, you will plan, execute, and document audit reports, partner closely with global audit colleagues and business stakeholders, and use judgment to strengthen internal controls. In this role, you will be provided with the opportunity to develop a detailed understanding of the Risk Management Framework at JPMorgan Chase.

Job Responsibilities

• Support the broader Audit Risk team in overseeing the execution of the corresponding Internal Audit Risk Plan. Execute coverage of audit work across Lines of Business, multiple locations/legal entities, and ensure sufficient coverage is conducted in line with local regulatory requirements (where applicable).
• Plan, execute, and document audit activities to a high standard in accordance with department and professional practices. Responsibilities will include executing the corresponding audit testing approach and reporting on the effectiveness of controls that support a broad range of risk stripes.
• Share information with internal/external stakeholders frequently, transparently, and effectively to promote clarity and understanding. Analyze risks and proactively identify the root cause of issues to provide recommendations for improvement where weaknesses are identified.
• Detail audit findings and use judgment to provide an overall opinion on the control environment. Communicate audit results and issues to Senior Management and Stakeholders clearly and concisely, both verbally and in writing.
• Build strong rapport with internal and external stakeholders based on mutual respect and a willingness to collaborate, promoting transparency and 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 practices and regulatory requirements. Critically assess the impact of evolving industry and regulatory changes on the business and its control environment.
• Partner with other teams within Internal Audit to support appropriate audit coverage, facilitating early identification of emerging control issues and reporting them to audit management.
• Monitor and regularly review learning and development opportunities for the team. Influence the training agenda to ensure the broader team stays current on methodology, technology, tools, and relevant industry trends.
• Participate in business initiatives to support the department and firm objectives, fostering a culture of engagement while adding value. Promote an inclusive and diverse work environment where team members are encouraged to ask questions, seek advice, and continually learn.

Required qualifications, skills, and capabilities

• 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 – Effectively utilize data collection and analysis tools and techniques. Understand Market, Principal, or Structural Interest Rate risk, including the Stress testing process, with reference to the product description and its mathematical parameters. Ability to perform qualitative reviews on estimation methods by collaborating with the Internal Audit Model Risk team.
• Regulatory Framework – Understand key regulatory requirements most relevant to Capital Risk Management and the usage of internal models (Capital Requirement Regulation). Ability to assess and adapt quickly to changes in the regulatory landscape impacting Risk Management.
• Methodology & Analytical Skills – 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 specific to market and liquidity risk.
• Teamwork - Complete work effectively and efficiently; clear obstacles. Execute assignments independently, with limited supervision, with a strong focus on execution and plan delivery. Work well as part of a team, share information, and support colleagues. Actively listen and achieve a common understanding of agreed-upon conclusions and actions/next steps.
• Communication - Demonstrate the ability to synthesize information extracted from relevant risk analysis and control assessment techniques. Be clear and concise in both written and verbal communications, with the ability to present complex and sensitive issues to management persuasively.
• Leadership - Take ownership of self-development, including stretch assignments, to prepare for greater responsibilities and career growth. Ability to assess priorities, adapt to a changing environment, and timely deliver a high-quality end product. Be enthusiastic, self-motivated, and effective under pressure.

Preferred qualifications, skills, and capabilities

• Recognized risk management qualification or advanced degree in Finance or Accounting is preferred.

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