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 integrity. Our Global Banking division powers the world's economy by providing comprehensive solutions in lending, payments, and advisory services to corporations and institutions. As a Senior Internal Audit Associate in our Global Banking Internal Audit team, you will play a critical role in safeguarding our operations by independently evaluating and improving the effectiveness of risk management, control, and governance processes. Based in our Chicago office, this position offers the opportunity to work on high-impact audits across our international network, contributing to the firm's commitment to operational excellence and regulatory compliance in a dynamic financial landscape. In this role, you will lead and execute audits focused on core Global Banking functions such as commercial banking, investment banking, and treasury services. You will assess risks related to credit portfolios, transaction processing, and market activities, utilizing advanced data analytics to uncover insights and ensure adherence to standards like Dodd-Frank and Basel accords. Collaborating with cross-functional teams, you will identify control gaps, recommend actionable enhancements, and track their implementation, all while fostering a culture of transparency and accountability. This position demands a proactive approach to staying ahead of industry disruptions, including digital transformation and geopolitical risks affecting global finance. We value professionals who thrive in a collaborative yet challenging environment, where your expertise directly influences business decisions at one of the largest banks in the world. Joining JP Morgan Chase means access to unparalleled resources for career growth, including mentorship from seasoned auditors and exposure to executive leadership. If you are passionate about auditing in the financial services sector and ready to make a meaningful impact, this role in Chicago provides the platform to advance your career while upholding our core values of doing the right thing for clients and communities.

Key Responsibilities

• Conduct comprehensive audits of Global Banking divisions, including credit risk, trade finance, and treasury services to ensure compliance with internal policies and regulatory requirements
• Perform risk assessments and testing of key controls in areas like loan origination, capital markets, and investment banking operations
• Develop and execute audit programs tailored to JP Morgan Chase's global footprint, identifying potential fraud, inefficiencies, or control weaknesses
• Collaborate with business leaders and senior management to recommend improvements and monitor remediation of audit findings
• Analyze financial data and transaction flows using advanced analytics to detect anomalies in high-volume banking activities
• Prepare detailed audit reports and presentations for the Audit Committee, highlighting key risks and mitigation strategies
• Stay abreast of evolving regulatory landscapes and industry best practices to enhance audit methodologies
• Mentor junior auditors and contribute to the team's knowledge sharing on global banking trends
• Support ad-hoc investigations into specific banking-related issues, such as market conduct or operational disruptions
• Ensure all audit activities align with JP Morgan Chase's commitment to ethical standards and corporate governance

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) standards
• Proficiency in audit methodologies and risk assessment techniques
• Experience with audit software tools like ACL, IDEA, or similar data analytics platforms
• Ability to travel up to 20% for on-site audits at global locations

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) with a focus on risk management
• Prior experience auditing global banking operations at a major financial institution
• Knowledge of JP Morgan Chase's internal control frameworks and Sarbanes-Oxley (SOX) compliance
• Familiarity with emerging risks in digital banking, such as cybersecurity and fintech integrations
• Bilingual skills, particularly in Spanish or Mandarin, for international team collaboration

Required Skills

• Expertise in internal audit standards (IIA) and financial reporting frameworks (GAAP/IFRS)
• Proficiency in data analytics tools (e.g., Tableau, SQL, Python for audit testing)
• Strong knowledge of banking products like derivatives, syndicated loans, and cash management
• Excellent analytical and problem-solving abilities for complex financial scenarios
• Superior communication skills for report writing and stakeholder presentations
• Risk management and control testing expertise in a regulated environment
• Attention to detail and ability to handle confidential information
• Project management skills for leading audit engagements
• Adaptability to fast-paced, high-stakes financial services settings
• Team collaboration and leadership in cross-functional audits
• Familiarity with cybersecurity risks in banking systems
• Ethical judgment and integrity in compliance-driven roles
• Technical proficiency in Microsoft Office Suite and audit management software
• Strategic thinking for identifying emerging risks in global markets
• Interpersonal skills for building relationships with auditees and regulators

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 and certification support
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers, wellness programs, and mental health support
• Flexible work arrangements and hybrid options in Chicago

JP Morgan Chase is an equal opportunity employer.