Securitized Products Group - Collateral Audit Manager - Vice President

Location: Chicago, IL, United States

Job Family: Client Management

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. In the Securitized Products Group, we drive innovative financing solutions for clients through structured products and collateralized transactions. As a Collateral Audit Manager - Vice President in our Chicago office, you will play a pivotal role in safeguarding the integrity of our global securitized financing business. Reporting to the Head of Collateral Risk, you will lead audit initiatives that ensure robust collateral management, mitigating risks in a dynamic market environment. This client management-focused position requires a blend of technical expertise and leadership to support JPMorgan's commitment to excellence in financial services. In this role, you will oversee comprehensive audit and review processes for collateral underlying securitized products such as asset-backed securities and mortgage-backed securities. Your responsibilities will include directing team efforts in evaluating collateral quality, performing risk assessments, and ensuring alignment with regulatory frameworks like Basel III and Dodd-Frank. You will collaborate closely with client teams to address financing needs while identifying potential vulnerabilities, leveraging data analytics to enhance audit efficiency. At JPMorgan Chase, this position offers the opportunity to influence strategic decisions that protect our clients and the firm in the competitive securitized products landscape. We seek a seasoned professional with deep industry knowledge and a track record of leading high-impact audits. Success in this role demands not only technical proficiency in financial risk management but also the ability to foster a culture of compliance and innovation within your team. Joining JPMorgan Chase means contributing to a firm renowned for its stability and forward-thinking approach, with access to unparalleled resources for professional growth in Chicago's vibrant financial hub.

Key Responsibilities

• Lead the end-to-end collateral audit and review processes for JPMorgan’s global securitized financing business, ensuring compliance with internal policies and regulatory standards
• Manage a team of auditors in conducting thorough assessments of collateral quality, valuation, and risk exposure across diverse securitized product portfolios
• Develop and implement audit methodologies tailored to securitized products, including stress testing and scenario analysis for collateral adequacy
• Collaborate with client management teams, risk officers, and legal departments to identify and mitigate collateral-related risks in financing transactions
• Prepare detailed audit reports and present findings to senior leadership, recommending enhancements to collateral management practices
• Monitor emerging regulatory changes and industry trends impacting securitized financing, advising on necessary adjustments to audit protocols
• Oversee the integration of technology and data analytics to improve the efficiency and accuracy of collateral reviews
• Ensure adherence to JPMorgan Chase's Code of Conduct and ethical standards in all audit activities
• Facilitate training and development for team members on securitized products and audit best practices
• Support ad-hoc audits and investigations related to collateral disputes or regulatory inquiries

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field; advanced degree (MBA or Master's) preferred
• Minimum of 7-10 years of experience in audit, risk management, or collateral review within the financial services industry, with a focus on securitized products or structured finance
• Proven leadership experience managing audit teams and complex review processes in a global banking environment
• In-depth knowledge of regulatory requirements such as Basel III, Dodd-Frank, and SEC rules governing securitized financing and collateral management
• Professional certifications such as CPA, CIA, or FRM required
• Strong understanding of collateral valuation, risk assessment, and mitigation strategies in securitized products markets
• Experience with audit methodologies and tools in a high-stakes financial institution like JPMorgan Chase

Preferred Qualifications

• Experience in collateral audits for asset-backed securities, mortgage-backed securities, or other securitized financing products
• Familiarity with JPMorgan Chase's internal control frameworks and global risk management policies
• Background in client-facing roles within investment banking or capital markets
• Advanced proficiency in data analytics and automation tools for audit processes
• Prior work in a Big Four firm or major investment bank with exposure to structured finance audits

Required Skills

• Expertise in securitized products including ABS, MBS, and CLOs
• Proficiency in financial modeling and valuation techniques for collateral assets
• Strong knowledge of audit standards (e.g., SOX, COSO) and risk frameworks
• Advanced Excel and data analytics skills (e.g., SQL, Python for financial data)
• Leadership and team management abilities
• Excellent communication and presentation skills for stakeholder interactions
• Analytical thinking and problem-solving in complex financial scenarios
• Regulatory compliance and interpretation expertise
• Project management for audit lifecycle execution
• Attention to detail in reviewing collateral documentation
• Adaptability to fast-paced, global business environments
• Ethical judgment and integrity in handling sensitive financial data
• Collaboration skills across cross-functional teams
• Technical proficiency in audit software and risk management systems
• Strategic planning for audit process improvements

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick days, and parental leave
• Professional development opportunities through JPMorgan Chase's internal training programs and tuition reimbursement
• Employee stock purchase plan and other financial wellness benefits
• Wellness programs including gym memberships, mental health support, and onsite fitness facilities in Chicago
• Flexible work arrangements and commuter benefits for Chicago-based employees

JP Morgan Chase is an equal opportunity employer.