Associate - Internal Audit - Payments

**JOB DESCRIPTION** Job summary**:
The Associate role is for an experienced Audit professional to join the Audit Team based in Mumbai as part of the Commercial & Investment Bank Audit Team in Corporate Center with a matrix reporting to the Audit Manager in Mumbai and in Singapore. As a Payments Auditor within our Commercial & Investment Bank Audit team, you will be exposed to audit execution of Payments, ensuring accuracy, compliance and effectiveness within the process. This will involve monitoring adherence to regulatory requirements, helping ensure appropriate audit coverage, participating in the planning and execution of CIB Payments audits, and maintaining effective relationships with key business stakeholders.

Applicant must be a mature and experienced professional who possesses strong auditing skills, knowledge of key regulations and current regulatory developments relevant to CIB and a strong understanding of internal control systems within a financial institution. The applicant should be a strong team player and be good in multi-tasking, and able to work under pressure in a dynamic business environment Responsibilities.

**Job responsibilities**:

- Assess the control environment of Commercial Investment Banking businesses, with a view to providing recommendations to management for improvement where weaknesses are identified
- Execute audits efficiently, including risk assessment, audit planning, testing, control evaluation, report drafting and follow-up and verification of issue closure. Ensure audits are completed timely and within budget
- Work closely with regional/global Commercial Investment Banking Audit colleagues in the early identification of emerging control issues and reporting them timely to Audit management and business stakeholders
- Identify risks and prioritize audit work as part of a risk based audit program in close partnership with the wider Audit team
- Keep abreast of evolving regulatory changes and market events impacting the payments businesses and ensure appropriate audit coverage.
- Communicate audit issues and results effectively in both verbal and written form, and be able to influence effectively
- Establish and manage strong working relationships with key stakeholders in the Commercial Investment Banking organizations
- Foster a business climate and culture that encourages integrity, respect, diversity, excellence and innovation

**Required qualifications, capabilities, and skills**
- Minimum Bachelor's degree in Accounting, Finance or related discipline
- Minimum 5 years’ audit or relevant compliance/regulatory experience, within a financial services organization, major accounting firm or regulatory body
- Good understanding of internal control concepts within Transaction Banking / Payments
- Quick learner, with ability to work with large data and use latest technology, and strong ability to multi-task and effectively carry out complex tasks under time pressure
- Excellent verbal and written communication skills with the ability to lead audits, manage projects, present complex and sensitive issues to senior management in a persuasive manner, and participate in audit assignments in a team environment
- Enthusiastic, self-motivated and willing to take personal responsibility/accountability
- Flexible and adaptable to dynamically changing work environments, including some travel to other countries as part of regional audit engagements. Ability to travel within the Asia region (up to 20%)

**Preferred qualifications, capabilities, and skills**
- Professional qualifications, e.g. Chartered Accountant, CPA, CAMS preferred

**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 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.

**ABOUT THE TEAM**

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human