Senior Internal Audit Associate - Global Banking

Location: Chicago, IL, United States

Job Family: Auditing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. Our Global Banking division powers the growth of corporations, governments, and institutions worldwide through tailored financing solutions, advisory services, and market-leading transaction banking. As a Senior Internal Audit Associate in our Global Banking Internal Audit team, you will play a critical role in safeguarding the integrity of these operations. Based in our Chicago office, you will contribute to a dynamic team that ensures robust risk management and compliance across our international footprint, helping to maintain JP Morgan's reputation as a trusted partner in the financial services industry. In this position, you will lead and execute audits that assess the effectiveness of controls over key areas such as corporate lending, trade finance, and cash management services. Your work will involve collaborating with business leaders to identify emerging risks, including those from geopolitical events, cybersecurity threats, and evolving regulations like LIBOR transition. Utilizing advanced analytics and JP Morgan's proprietary tools, you will test transaction flows and evaluate adherence to frameworks such as COSO and SOX, providing actionable insights that drive operational excellence and regulatory compliance. We value professionals who thrive in a collaborative, high-performance culture and are committed to continuous learning. As part of the broader Internal Audit organization at JP Morgan Chase, you will have opportunities to advance your career, engage in cross-functional projects, and contribute to firm-wide initiatives that shape the future of banking. If you are passionate about auditing in a global context and ready to make an impact at one of the world's most influential financial institutions, join us in Chicago to help protect and propel our Global Banking endeavors.

Key Responsibilities

• Conduct comprehensive audits of Global Banking operations, including risk assessments of lending portfolios and treasury activities
• Evaluate the effectiveness of internal controls and compliance with regulatory standards in corporate and investment banking divisions
• Identify potential risks in areas such as credit, market, and operational risks, and recommend mitigation strategies
• Collaborate with senior management to develop audit plans aligned with JP Morgan's enterprise risk management framework
• Perform data analysis using tools like ACL or Tableau to test transaction integrity and detect anomalies
• Prepare detailed audit reports and present findings to audit committees and business leaders
• Monitor ongoing compliance with global banking regulations and internal policies
• Support ad-hoc investigations into fraud or control deficiencies within the Global Banking group
• Mentor junior auditors and contribute to the continuous improvement of audit processes
• Stay abreast of emerging risks in the financial services sector, such as fintech disruptions and ESG factors

Required Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field
• Minimum of 3-5 years of experience in internal auditing, preferably within the financial services industry
• Professional certification such as CIA (Certified Internal Auditor), CPA (Certified Public Accountant), or equivalent
• Strong understanding of banking regulations, including Basel III, Dodd-Frank, and anti-money laundering (AML) requirements
• Proficiency in audit methodologies and risk assessment frameworks
• Experience with global banking products such as corporate lending, trade finance, and treasury services
• 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 management
• Prior experience auditing at a major financial institution like JP Morgan Chase or similar
• Knowledge of data analytics tools for audit testing in a banking environment
• Familiarity with JP Morgan's internal control systems and Sarbanes-Oxley (SOX) compliance
• Bilingual skills, particularly in Spanish or Mandarin, for global team collaboration

Required Skills

• Expertise in internal audit standards (IIA) and financial reporting
• Proficiency in Microsoft Office Suite, including advanced Excel for financial modeling
• Knowledge of audit software such as TeamMate or Archer
• Strong analytical skills for risk quantification and data interpretation
• Excellent communication skills for report writing and stakeholder presentations
• Attention to detail in reviewing complex banking transactions
• Project management abilities to lead audit engagements from planning to closure
• Understanding of financial instruments like derivatives and syndicated loans
• Adaptability to fast-paced, high-stakes environments in global finance
• Ethical judgment and integrity in handling sensitive financial data
• Team collaboration skills for cross-functional audits
• Problem-solving expertise in identifying control weaknesses
• Regulatory knowledge specific to U.S. banking laws and international standards
• Time management to meet tight audit deadlines
• Interpersonal skills for building relationships with business units

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 contributions
• Paid time off including vacation, sick days, and parental leave
• Professional development programs, including tuition reimbursement for certifications like CIA or CPA
• Employee stock purchase plan and access to JP Morgan's wealth management resources
• Wellness programs with gym memberships, mental health support, and onsite fitness facilities in Chicago
• Flexible work arrangements, including hybrid options and remote work support

JP Morgan Chase is an equal opportunity employer.