Senior Internal Audit Associate - CEM, Commodities, and Digital Markets

Location: Jersey City, NJ, United States

Job Family: Auditing

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. We are seeking a Senior Internal Audit Associate to join our Commercial and Investment Banking Internal Audit team in Jersey City, NJ. In this role, you will play a critical part in safeguarding the integrity of our Corporate & Investment Bank (CIB) operations, with a focus on Commodities, Emerging Markets (CEM), and Digital Markets. As a key member of the audit team, you will help ensure robust risk management and compliance in high-stakes areas like commodity trading, digital asset innovations, and emerging market exposures, contributing to the firm's reputation for excellence in financial services. Your primary responsibilities will include planning and executing audits to assess the design and operating effectiveness of controls over trading activities, market risks, and digital platforms. You will analyze complex financial transactions, evaluate adherence to regulations such as Dodd-Frank and MiFID II, and identify opportunities for process improvements in volatile markets. Collaborating closely with business units, risk management, and compliance teams, you will deliver actionable insights through detailed reports and presentations to senior executives, driving enhancements in governance and operational resilience. This position offers the chance to work on cutting-edge challenges in the evolving landscape of global finance, including the integration of blockchain and sustainable commodities. At JPMorgan Chase, we value diverse perspectives and provide a supportive environment for professional growth, with access to world-class training and mentorship. If you are a detail-oriented auditor passionate about financial markets, join us to help shape the future of secure and innovative banking solutions.

Key Responsibilities

• Conduct comprehensive audits of Corporate & Investment Bank (CIB) lines of business, focusing on Commodities, Emerging Markets (CEM), and Digital Markets
• Evaluate the effectiveness of internal controls, risk management processes, and governance frameworks within trading and market operations
• Identify and assess risks related to commodity trading, digital assets, and emerging market exposures
• Develop and execute audit plans, including fieldwork, testing, and reporting on findings
• Collaborate with business leaders, compliance teams, and external regulators to ensure audit recommendations are implemented
• Analyze financial data, transaction flows, and market trends to detect potential issues in digital and commodity markets
• Prepare detailed audit reports and present findings to senior management and the Audit Committee
• Stay abreast of evolving regulations in financial markets and advise on audit implications
• Mentor junior auditors and contribute to team development initiatives
• Support ad-hoc investigations and special projects related to market risks

Required Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field
• Minimum of 3-5 years of experience in internal auditing, 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 regulatory requirements including Dodd-Frank, Basel III, and commodity trading regulations
• Proficiency in audit methodologies and risk assessment frameworks
• Experience with commodities, emerging markets, or digital assets in a banking or investment context
• Ability to travel up to 20% for on-site audits and client meetings

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) with a focus on risk or audit
• Experience auditing commercial and investment banking operations at a major financial institution
• Knowledge of digital markets, including cryptocurrencies and blockchain technologies
• Familiarity with JP Morgan Chase's internal audit standards and tools
• Prior work in a Big Four accounting firm or similar high-stakes audit environment

Required Skills

• Expertise in internal audit standards (e.g., IIA standards)
• Proficiency in risk assessment and control testing
• Strong analytical and problem-solving abilities
• Knowledge of financial markets, commodities, and digital assets
• Excellent communication and report-writing skills
• Proficiency in audit software (e.g., ACL, IDEA, or Tableau)
• Understanding of regulatory compliance in banking
• Data analysis and visualization tools (e.g., Excel, SQL)
• Project management and organizational skills
• Attention to detail and ethical judgment
• Team collaboration and leadership
• Adaptability to fast-paced financial environments
• Familiarity with blockchain and fintech innovations
• Quantitative modeling for market risks
• Interpersonal skills for stakeholder engagement

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for certifications
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at Jersey City location
• Flexible work arrangements including hybrid options post-onboarding

JP Morgan Chase is an equal opportunity employer.