Corporate Audit – Private Banking – Senior Auditor - Associate

Job Description

This role is a great opportunity to demonstrate your audit, assurance or controls background at a private bank or financial institution, in particular, with experience reviewing fiduciary or operations activities. You will focus predominantly on Private Banking businesses in EMEA, including UK and other European branches; however, you will also have a chance to participate in audits covering other areas of the Asset Wealth Management business, where opportunities arise.

As a Senior Auditor within our Private Banking team, you will be responsible for assessing the adequacy of the control environment across J.P. Morgan SE (“JPMSE”) – Private Banking activities and functionally across EMEA. You will be based in Luxembourg, being a part of the wider Private Banking Audit team and reporting to the Head of Private Banking Audit for JPMSE. You will be executing individual audits across Private Banking (EMEA branch network and London) and supporting the annual audit plan and risk assessment process. This is a great chance to develop relationships with key stakeholders across these areas in the location and within the network of EMEA Group Audit.

Job responsibilities

    Participate in and lead complex audit engagements from planning to reporting, and deliver quality products within department and professional standards. Execute audit testing on individual audits of the above business and control functions.

    Provide input and support to the strategic vision and footprint of the Audit department of JPMSE, including consideration of changing regulatory, audit practice and industry standards and expectations in the EU and UK.

    Evaluate, test and report on the adequacy and effectiveness of controls, as well as identify the root cause of issues, using risk based audit approach.

    Finalise and communicate audit findings in a clear and concise manner and identify opportunities for improvement in the design and effectiveness of key controls. Use judgment to provide an overall opinion on the control environment.

    Present the results of audit work to the Audit management, local stakeholders and risk and control forums.

    Partner with colleagues within the Audit team across the region and globally.

    Build and maintain key relationships with stakeholders, establishing a culture of engagement while adding value.

    Execute an effective program of continuous monitoring activities, including analysis of key metrics to identify control issues and adverse trends, and keeping abreast of key initiatives and pertinent industry and regulatory developments.

    Employ computer-assisted auditing tools where applicable to maximize the efficiency of sampling and to reduce the risk of fraud and identify opportunities for the use of continuous monitoring and automated auditing.

    Stay up-to-date with evolving industry and regulatory changes impacting the location and its control environment.

Required qualifications, capabilities, and skills

    Relevant financial services industry experience within Audit or risk and control functions.

    Detailed understanding of internal control and risk assessment concepts and strong analytical skills to assess the impact of control weaknesses.

    Strong execution skills, ability to work predominately independently with limited supervision. Work well individually and in teams, share information, and support colleagues.

    Strong verbal and written communication skills, with the ability to present complex and sensitive issues in a persuasive manner.

    Ability to assess priorities, adapt to a changing environment, monitor progress and timely deliver a high quality end product. Enthusiastic, self-motivated, effective under pressure and willing to take personal responsibility/accountability. Demonstrates capability to learn quickly, be flexible and think strategically.

    Proven ability to support the development of the scope and execution of audits/ projects. Seek ways to increase efficiency and effectiveness of work performed. Willingness to take personal responsibility/accountability. Ability to manage multiple tasks concurrently in an efficient and effective manner.

    Ability to participate in audit assignments and execute assigned audit tasks in a team environment.

Preferred qualifications, capabilities, and skills

    Previous experience in one or more of the following areas: wealth management, trading & brokerage services, fiduciary investment and administration, investment products and risk management (credit, market, liquidity, operational).