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Audit Associate, Malaysia

JPMorgan Chase & Co.

JPMorgan Chase & Co.

Posted on Sunday, June 9, 2024

Job Description

Welcome to JP Morgan Chase. If you are a strategic thinker, passionate about the latest developments in the banking industry and want to learn more about it, you have found the right team.

As an Internal Auditor, Global Markets, Associate based in Kuala Lumpur, Malaysia within the Asia Corporate & Investment Bank (CIB) Markets Audit Team, you will act as the location auditor as well as executing mainly Markets audits across Asia locations and globally, partnering closely with audit colleagues in the regional and global Audit teams. You will be responsible for maintaining relationships with and coordinating with external stakeholders such as the regulators and internal stakeholders including location and business stakeholders in understanding and communicating relevant risks, ensuring audit coverage of such risks. You will also be involved in planning, execution and documentation of the results of their work for audits conducted.

Job Responsibilities:

  • Assessing the regulatory environment of the JP Morgan business in Malaysia, with a view to providing recommendations for improvement where emerging regulatory issues or weaknesses are identified
  • Assessing the control environment of the markets businesses, with a view to providing recommendations for improvement where emerging issues or weaknesses are identified
  • Ensuring appropriate audit coverage for the location and prepare and act as liaison with the local Board, committees and Audit committee, presenting audit results and coverage effectively
  • Executing and lead audits efficiently including audit planning, audit testing, control evaluation, report drafting, and follow-up and verification of issue closure and performs audit work in accordance with department and professional standards
  • Working closely with business and technology audit colleagues to identify and assess key risks in the program of audit coverage
  • Documenting audit work papers and reports with minimal supervision by the Audit manager
  • Communicating audit issues and results clearly and concisely in both verbal and written form, and effectively influence the reporting process
  • Establishing and managing strong working relationships with key stakeholders in the organization
  • Keeping abreast of evolving regulatory changes, market events and emerging impacting futures businesses to drive appropriate ongoing audit coverage in close partnership with the wider Audit team
  • Fostering a business climate and culture that encourages integrity, respect, diversity, excellence and innovation

Required qualifications, capabilities and skills:

  • 5 years minimum experience within audit or relevant compliance/regulatory/finance experience within financial services organizations, major accounting firms or regulatory bodies
  • Bachelor's degree in Accounting, Finance or related discipline
  • Ability to lead audits, work effectively within a matrix organization, manage multiple projects and participate in audit assignments in a team environment.
  • Good understanding of internal control concepts and audit methodology with the ability to evaluate and determine the adequacy and effectiveness of controls and able to provide recommendations for improvement where emerging issues/weaknesses are identified
  • Proficiency in risk assessment, issue/impact analysis and executive report preparation
  • Excellent communication and interpersonal skills required with ability to present complex and sensitive issues to senior management
  • Proven ability to be able to multi-task, complete projects on time and on budget, and adjust to changing priorities
  • Works well individually and in teams, shares information, supports colleagues and encourages participation
  • Able to complete assignments in an independent and efficient manner and with quality documentation with minimal supervision by Audit manager
  • Foster a business climate and culture that encourages integrity, respect, diversity, excellence and innovation.
  • Enthusiastic, self-motivated and effective under pressure, willing to take personal responsibility/accountability

Preferred qualifications, capabilities, and skills:

  • Proficiency in Mandarin given some responsibilities will require this language ability working with Mainland China
  • Experience in Markets Trading business in an International Banking environment and understanding the regulatory footprint in Malaysia
  • Relevant professional qualifications, e.g. CPA, CAMS. Attained relevant qualifications such as Certified Bank Auditor or Chartered Banker
  • Data analytics skills using Excel, Alteryx, VB/SQL/Python and any other similar tools/languages
  • Potential travel to other countries as part of regional audit engagements