Associate - Asset & Wealth Management Audit

Location: Mumbai, Maharashtra, India

Job Family: Auditing

About the Role

At JPMorgan Chase, we are at the forefront of financial innovation, and our Internal Audit team plays a pivotal role in safeguarding our Asset & Wealth Management (AWM) division, one of the world's largest with over $4 trillion in assets under management. As an Associate in AWM Audit based in Mumbai, you will join a dynamic team dedicated to providing independent assurance on the effectiveness of risk management, control, and governance processes. This role offers the opportunity to build a rewarding career in a global bank renowned for its cutting-edge technology and client-centric solutions, while contributing to audits that span investment management, wealth advisory, and alternative investments across diverse markets. In this position, you will execute end-to-end audit engagements, from scoping and planning to testing and reporting, focusing on key areas such as portfolio risk controls, compliance with global regulations like MiFID II and SEBI guidelines, and operational resilience in high-stakes financial environments. You will leverage advanced analytics to uncover insights from vast datasets, collaborate with cross-functional teams in AWM, and drive enhancements to mitigate emerging risks like market volatility and cyber threats. Your work will directly support JPMorgan Chase's commitment to ethical practices and sustainable growth in the financial services industry. We foster a culture of inclusion and professional development, providing access to world-class training and mentorship to accelerate your expertise in audit and finance. Joining our Mumbai team means being part of a vibrant hub for Asia-Pacific operations, with opportunities to engage in innovative projects that shape the future of wealth management. If you are passionate about auditing in a complex, high-impact setting, this role at JPMorgan Chase will empower you to make a meaningful difference.

Key Responsibilities

• Conduct comprehensive audits of asset and wealth management operations, including portfolio management, investment advisory, and custody services
• Evaluate the effectiveness of internal controls, risk management processes, and compliance with regulatory standards
• Identify potential risks, control deficiencies, and recommend actionable improvements to mitigate financial exposures
• Collaborate with business leaders in Asset & Wealth Management to develop audit plans and execute fieldwork
• Perform data analysis using tools like ACL or Tableau to support audit findings in a high-volume financial environment
• Prepare detailed audit reports and present findings to senior management and audit committees
• Stay updated on industry trends, regulatory changes, and emerging risks in global wealth management
• Support ad-hoc audits and special projects related to JPMorgan Chase's innovative financial products
• Mentor junior auditors and contribute to the continuous improvement of the Internal Audit function

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 2-3 years of experience in internal audit, external audit, or risk management within the financial services industry
• Professional certification such as CIA (Certified Internal Auditor), CPA (Certified Public Accountant), or equivalent
• Strong understanding of asset and wealth management products, including mutual funds, alternative investments, and portfolio management
• Proficiency in audit methodologies and regulatory compliance standards like SOX, Basel III, and SEC requirements
• Excellent analytical skills with the ability to assess financial risks and controls
• Willingness to work in Mumbai, India, and adhere to a hybrid work model

Preferred Qualifications

• Advanced degree such as MBA in Finance or Master's in Accounting
• Experience auditing asset and wealth management divisions at a major financial institution
• Knowledge of JPMorgan Chase's internal audit frameworks and technology platforms
• Familiarity with data analytics tools for audit testing in financial services
• Prior exposure to global regulatory environments in wealth management

Required Skills

• Financial analysis and modeling
• Risk assessment and control evaluation
• Audit planning and execution
• Regulatory compliance knowledge (SOX, SEC, RBI)
• Data analytics and visualization (Excel, SQL, Python)
• Report writing and presentation skills
• Attention to detail and accuracy
• Problem-solving and critical thinking
• Team collaboration and communication
• Adaptability to fast-paced environments
• Understanding of asset management systems (e.g., Aladdin platform)
• Ethical judgment and integrity
• Time management and prioritization
• Stakeholder management
• Basic knowledge of cybersecurity in financial audits

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development programs, including tuition reimbursement and certification support
• Employee stock purchase plan and financial wellness resources
• Access to on-site fitness centers and wellness programs in Mumbai offices
• Global mobility opportunities within JPMorgan Chase's international network

JP Morgan Chase is an equal opportunity employer.