15 days old

Audit – Commercial Banking Audit - Senior Audit Director - Managing Director

Chicago, IL 60602
  • Job Code

Audit – Commercial Banking Audit - Senior Audit Director - Managing Director

Req #: 190070679
Location: Chicago, IL, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: 6500 US Dollar (USD)

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.


Commercial Banking (CB) provides a full range of services including lending, treasury services, investment banking, commercial card and asset management products to meet its clients’ domestic and international financial needs. CB’s 1,500 bankers serve approximately 19,000 clients nationally, including corporations, municipalities, financial institutions and not-for-profit entities, with annual revenue generally ranging from $20 million to $2 billion, and nearly 37,000 real estate clients, owners and investors.  CB is the third largest commercial bank in the U.S., with almost $170 billion in loans and almost $180 billion in deposits. In 2015, CB generated revenue and earnings of $6.9 billion and $2.2 billion, respectively.


This Audit Senior Director role will report to the CB Chief Auditor. You will be responsible for assessing the adequacy of the control environment as well as the overall coverage of the Commercial Banking line of businesses and management and development of a team of approximately 25 auditors, including 3 Audit Directors. You will be driving integrated business audits, maintaining relationships Senior Management and providing control related advice. You will assist in developing the annual CB Audit plan and will be responsible for ensuring that the audit plan is executed and documented to a high standard. The candidate should possess strong leadership, relationship, and communication skills. Knowledge of commercial products and financial services industry is required.



  • Ensure sufficient coverage of the business through annual audit plan and continuous monitoring
  • Establish strong relationships with senior CB leaders and related control groups
  • Work with stakeholders in a consulting role to add value and address unresolved issues
  • Articulate complex issues and themes to senior level stakeholders
  • Listen attentively to influence and coach others
  • Hold entire team accountable for meeting deliverables, adhering to Quality Assurance criteria and utilizing consistent methodology
  • Set aggressive standards for efficient management of resources, schedules and budgets
  • Build and maintain key relationships with stakeholders, establishing a culture of engagement while adding value
  • Finalize audit findings and use judgment to provide an overall opinion on the control environment
  • Provide direction to the team regarding scope and execution
  • Drive plan creation and changes based on changing business risk profile
  • Leverage knowledge of CB activities to recommend best practice solutions to issues
  • Conduct annual performance appraisals for the team and provide ongoing feedback
  • Provide leadership to the team, including active coaching of less experienced auditors
  • Provide ongoing continuous monitoring and relationship management
  • Monitor key risk indicators, significant change activities and escalation of emerging issues to senior management in a timely fashion
  • Stay up-to-date with evolving market trends and regulatory changes impacting the business

  • Bachelors degree in Accounting, Finance or related experience. Master’s degree preferred
  • Experienced senior professional with a proven Financial Services track record, with more than 10 years experience in combination of internal/external audit and/or relevant business experience with commercial products
  • Extensive experience and demonstrated success in understanding and evaluating internal controls
  • Strong analytical skills particularly in regard to assessing risk and probability of impact of a control weakness
  • Excellent communication and interpersonal skills required with ability to present complex and sensitive issues to senior management
  • Strong skills in time management, problem solving, written and oral communication
  • Strong team player, able to multi-task and work under pressure in a dynamic business environment
  • Proven ability to be able to multi task, complete projects on time and on budget, and be able to adapt to changing priorities
  • Ability to effectively manage and develop multi- location teams
  • Enthusiastic, self-motivated, effective under pressure and willing to take personal responsibility/accountability
  • A professional certification, such as CPA, CIA or CISA is a plus and required within 24-months of hire.
  • Ability to travel (<25%)

Keyword: consumer%20banking


Posted: 2019-08-07 Expires: 2019-09-06

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world.

Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries.

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Audit &acirc;&#128;&#147; Commercial Banking Audit - Senior Audit Director - Managing Director

JPMorgan Chase & Co.
Chicago, IL 60602

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