Job Information
JPMorgan Chase Senior Auditor in Jersey City, New Jersey
DESCRIPTION:
Duties: Work with quants covering the Trading Desks, Risk and Finance professionals, line of business (LOB) senior management across the globe to provide oversight of appropriate usage, controls around model restrictions and limitations, and findings for ongoing performance assessment and testing. Manage and execute audit projects and produce quality deliverables to both department and professional standards. Finalize and communicate audit findings to management and identify opportunities for improvement in the design and effectiveness of key controls. Perform model risk control assessments and analysis against the risk the controls are intended to mitigate, determine their effectiveness and develop an independent opinion on the control environment along with recommendations (across all LOB and a wide range of model types) to further strengthen the model risk management control framework. Maintain an independent model risk control apparatus of the bank through directly working with internal clients such as LOB business management and control groups including but not limited to model development, model review, risk management and compliance and external clients such as external auditors and regulators. Manage, support, and execute strategic risk and control assessments along with strategic projects (e.g. capital stress testing) in a timely and efficient manner. Perform independent validations for the actions taken by the business to address issues raised by Federal Reserve Board (FRB), Office of the Comptroller of the Currency (OCC), and other regulatory authorities. Keep up with the latest developments in coverage area in terms of products, markets, models, risk management practices and industry standards.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Finance, Economics, Mathematics, Physics, Statistics, or related field of study plus One (1) years of experience in the job offered or as Auditor, or related occupation.
Skills Required: Requires experience in the following: stochastic process; Machine Learning modeling; Derivative Pricing theory; Econometrics; computer programming including Python, R, and SAS.
Job Location: 545 Washington Blvd, Jersey City, NJ 07310. Telecommuting permitted up to 40% of the week.
Full-Time. Salary: $128,000 - $145,000 per year.
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
Jersey City,NJ $128,000.00 - $145,000.00 / year
JPMorgan Chase
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