Commercial Investment Banking Audit Vice President

Location: Mumbai, Maharashtra, India

Job Family: Auditing

About the Role

At JPMorgan Chase, we are at the forefront of innovation in the financial services industry, and our Internal Audit team plays a critical role in safeguarding our global operations. As a Commercial Investment Banking Audit Vice President based in our Mumbai office, you will contribute to building a robust risk management framework for our Commercial Banking and Investment Banking divisions. This role involves leading high-impact audits that ensure the integrity of complex financial activities, from syndicated loans and trade finance to equity offerings and structured products. You will work in a collaborative environment with access to cutting-edge tools and methodologies, helping to drive the bank's commitment to ethical practices and regulatory excellence in one of the world's most dynamic markets. In this position, you will take ownership of audit planning, execution, and reporting for key business lines, identifying vulnerabilities in processes that could impact financial stability or client trust. Your work will directly support JPMorgan Chase's mission to enable economic growth by providing actionable insights to senior leaders. Expect to engage with diverse teams across Asia-Pacific and global hubs, leveraging your expertise to navigate evolving risks such as geopolitical tensions, digital transformation, and ESG considerations. This is an opportunity to advance your career in a firm renowned for its leadership in sustainable finance and technological innovation. Joining JPMorgan Chase means becoming part of a legacy of excellence, where your contributions help shape the future of banking. We offer unparalleled resources for professional growth, including exposure to international projects and leadership development programs. If you are a seasoned audit professional passionate about the intersection of finance and risk, this Vice President role in Mumbai will allow you to make a meaningful impact while thriving in a supportive, inclusive culture that values diversity and innovation.

Key Responsibilities

• Lead and execute end-to-end audits of commercial and investment banking operations, focusing on risk identification and control effectiveness
• Develop audit plans and programs tailored to JPMorgan Chase's global standards, ensuring compliance with internal policies and external regulations
• Analyze financial data, transaction flows, and business processes to identify potential risks in areas like lending, derivatives, and advisory services
• Collaborate with senior stakeholders in Commercial Banking and Investment Banking to assess and mitigate operational, credit, and market risks
• Prepare detailed audit reports with actionable recommendations and present findings to management and audit committees
• Mentor junior auditors and contribute to the continuous improvement of the Internal Audit function at JPMorgan Chase
• Monitor emerging regulatory changes and industry trends to enhance audit coverage in the Mumbai hub
• Conduct follow-up reviews to ensure implementation of audit recommendations and remediation plans
• Support ad-hoc investigations and special projects related to financial crimes or compliance issues

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 7-10 years of experience in internal audit, risk management, or compliance within the financial services industry
• Professional certification such as CIA (Certified Internal Auditor), CPA (Certified Public Accountant), or equivalent
• Strong understanding of commercial banking, investment banking products, and regulatory frameworks like Basel III and Dodd-Frank
• Proven experience in auditing complex financial transactions, including mergers & acquisitions and capital markets activities
• Ability to travel up to 20% for on-site audits and client meetings
• Eligibility to work in India with no visa restrictions

Preferred Qualifications

• Advanced degree such as MBA or Master's in Finance
• Experience in Big Four audit firms or major financial institutions
• Knowledge of JPMorgan Chase's internal audit methodologies and risk assessment tools
• Familiarity with Indian financial regulations and SEBI guidelines
• Prior leadership experience managing audit teams in a global banking environment

Required Skills

• Expertise in audit methodologies and risk-based auditing techniques
• Proficiency in financial modeling and analysis using tools like Excel and SQL
• Strong knowledge of banking regulations and compliance standards
• Excellent analytical and problem-solving abilities
• Superior communication skills for report writing and stakeholder presentations
• Project management skills to lead audit engagements efficiently
• Familiarity with data analytics tools such as Tableau or Alteryx
• Understanding of cybersecurity risks in financial systems
• Ability to work collaboratively in cross-functional teams
• High ethical standards and attention to detail
• Adaptability to fast-paced, dynamic environments
• Technical proficiency in ERP systems like SAP or Oracle
• Risk assessment and control evaluation expertise
• Leadership and mentoring capabilities
• Multilingual skills, including proficiency in English and Hindi

Benefits

• Competitive base salary and performance-based annual bonuses aligned with JPMorgan Chase's compensation philosophy
• Comprehensive health insurance coverage including medical, dental, and wellness programs for employees and dependents
• Retirement savings plan with employer matching contributions to support long-term financial security
• Generous paid time off, including vacation, sick leave, and parental leave policies
• Professional development opportunities through JPMorgan Chase's internal training programs and tuition reimbursement
• Employee stock purchase plan and other financial wellness benefits
• Flexible work arrangements, including hybrid options in the Mumbai office
• Access to global mobility programs and career advancement within the firm's vast network

JP Morgan Chase is an equal opportunity employer.