JPMorgan Chase Senior Research Analyst in Jersey City, New Jersey
Audit Department Description
JPMC's Audit Department, which is comprised of over 1,200 auditors globally, reports to the Audit Committee of the Board of Directors and is further accountable to the Chairman and CEO, senior management and regulatory agencies. Audit is an independent risk assessment function established within the organization to evaluate, test and report on the adequacy and effectiveness of management's system of internal control.
Audit Practices is responsible for supporting the Audit Department by maintaining and enhancing programs and processes that promote a standard of excellence and assist auditors in their day-to-day responsibilities. This includes managing the Audit Department's core business processes, including audit policy/methodology and supporting tools, quality assurance, internal and external reporting, and department technology infrastructure. Additionally, Practices is responsible for creating processes to ensure significant regulatory issues regarding Audit are identified and addressed appropriately.
The Reporting & Board Engagement team in Audit Practices supports Internal Audit by identifying and reporting to executive management and the Board thematic control insights related to operational risks facing the Firm. Additionally, the team is accountable for reviewing material control deficiencies which have been identified to determine potential cross-business relevance, and escalate these to the Firm's control committees for action.
Primary responsibilities include engaging with senior members of Internal Audit to facilitate identification of thematic control observations and emerging risks based on analysis of audit findings, management-identified issues, regulatory matters and other sources. Additionally, the individual will be responsible for conducting assessments of High severity issues to determine potential cross-business applicability for escalation to control committees for further action. The individual will also support Internal Audit's subject matter expert program through provision of data necessary for thematic assessments of key risk areas.
Critical to the role are the capabilities to 1) Use logical reasoning and analytical toolsets to synthesize and interpret complex data, 2) Risk awareness; ability to identify thematic operational risk patterns across various inherent risk types, 3) Develop executive-level reporting to communicate observations.
Independently perform qualitative and quantitative assessments and analysis to identify thematic control observations, using issues and other relevant information.
Effectively engage with department subject matter experts, senior leadership, and MIS/data to identify thematic observations, identify cross-business insights that impact audit coverage, and support control committee and audit committee escalation.
Support requests for topical analysis, including development of prototypes to meet stakeholder needs.
The following requirements are considered essential in an ideal candidate:
Naturally inquisitive; seeks to understand business context and meaning behind complex data;
Possess strong verbal and written communication, interpersonal and negotiating skills; capable of managing discussions with very senior stakeholders.
Thrives in an environment that can change quickly; maintains responsiveness, adaptability, and quality delivery.
Experience preparing executive management reporting, and in particular focused on interpretation of data and thematic observations. Strong attention to detail (data reconciliation, grammatically sound)..
Ability to quickly understand new products, concepts, areas of business, technology to be leveraged for analysis and identification of thematic control observations
Other skillsets that would be preferred and provide significant advantage include:
- Prior experience in a similar research or analysis role
Understanding of the firm's risk and control environment and/or prior experience in risk, control or audit roles.
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 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.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
Equal Opportunity Employer/Disability/Veterans