Audit Manager - Team Lead - Alternative Assets
JPMorgan Chase - New York, NY

This job posting is no longer available on JPMorgan Chase. Find similar jobs: Audit Manager jobs - JPMorgan Chase jobs



Job Description

Chase & Co.

(NYSE: JPM) is a leading global financial services firm with assets of $2
trillion and operations in more than 60 countries. The firm is a leader in investment
banking, financial services for consumers, small business and commercial
banking, financial transaction processing, asset management, and private

Department Description

The JPMorgan Chase &
Co Audit Department is accountable to the Audit and Examining Committee of the
Board of Directors, the Office of the Chairman, senior management and our
global and local regulators. The global Audit Department has in excess of
600 Audit Officers.

The Asset Management
(AM) Audit Team is responsible for assessing the adequacy of the control
environments across all the AM businesses including Global Wealth Management,
Investment Management, and Highbridge. The team is also responsible for
assessing the adequacy of the control environments across the Corporate Private
Equity business including One Equity Partners (OEP), and Legacy Private Equity.
This is achieved through a program of audit coverage which is performed and managed
by a global team of integrated technology and financial business specialists.

Business Description

J.P. Morgan is a global
leader in Asset Management with over $2.2 trillion in assets under supervision,
including over $1.4 trillion in actively managed portfolios, and annual revenue
of approximately $10 billion. AM serves institutional, high net worth and
retail clients in every major market throughout the world through the following
client businesses: J.P. Morgan Asset Management, Highbridge Capital Management,
and Global Wealth Management which includes the Private Bank and J.P. Morgan
Securities. AM offers global investment management in equities, fixed
income, real estate, hedge funds, private equity and liquidity, including money
market instruments and bank deposits. AM also provides trust and estate,
banking and brokerage services to high-net-worth clients, and retirement
services for corporations and individuals.

JPMorgan Chase's
(JPMC) Private Equity business is responsible for managing the firm's
principal investments through direct proprietary investments in portfolio
companies. Focus is on business combinations and synergies; and
higher internal rates of return upon exit. Investments are concept driven
to enable a business purpose; not financial engineering
driven. JPMorgan Chase Private Equity is reported under the Corporate
Sector segment of the Firm and the portfolio represented 5.2% of the Firm’s
stockholders’ equity less goodwill at December 31, 2012.

Position Description

This Audit Manager (VP)
position is based in New York and responsible for audit coverage of the alternative
assets businesses within the Investment Management business and the private
equity businesses within corporate, based in New York. This position is responsible
for assisting with audit project management, ongoing risk assessment, and
relationship management for key business functions and groups within wealth

The applicant must be an
experienced professional who possesses strong auditing skills, good knowledge
of the investment management, alternative assets, financial instruments and
products, and a strong understanding of internal control systems within a
financial institution.

As a member of the AM

Audit Team you will be responsible for the following:
Perform continuous audit coverage and relationship
management within AM Alternative Assets (including Private Equity,
Hedge Funds, and Global Real Assets) and Corporate PE (OEP, Legacy PE)

Establish strong work relationships with Investment
Management and Private Equity business management and other control groups
(risk management, compliance, legal, etc.)

Work closely with other regional/global business and
information technology audit colleagues within the Asset Management team
in the early identification of emerging control issues and reporting them
timely to Audit management and business stakeholders

Perform ongoing analysis of risk trends through the
development and implementation of audit coverage

Perform detailed control assessments and test work
across multiple Investment Management functions and processes

Develop recommendations to strengthen internal controls
and improve operational efficiency

Ensure audits are completed timely and within specified
timeframe and budgets

Stay current with evolving industry and regulatory
changes, and analyze impact to business objectives, processes, and


At least 7 - 10 years of Asset
Management/Alternative Assets audit or business experience

Detailed knowledge of products and services provided
within an Investment Management business including private equity, real
assets, and hedge funds

Knowledge of applicable laws and regulatory
requirements including broker/dealer, fiduciary, and registered investment
advisor regulations, and merchant banking rules

Proven ability to build strong partnerships with key
stakeholders, desire to learn quickly, be flexible and think strategically

Proven ability to be able to multi task and be able to
change priorities

Works well individually, and in teams, shares
information, supports colleagues and encourages participation

Strong skills in time management, problem solving,
written and oral communication

Enthusiastic, self motivated, effective under pressure
and willing to take personal risk and accountability

Strong analytical skills particularly in regard to
assessing the probability and impact of an internal control weakness

Excellent verbal and written communication skills with
the ability to present complex and sensitive issues to senior management
in a persuasive manner

Be prepared to travel to the business locations

Minimum bachelors degree in Accounting, Finance,
Economics or related discipline

MBA degree, professional
accountancy qualification and/or other professional certifications, such as
Series 7, CFA, or CFIRS are a plus.

JPMorgan Chase is an Equal Opportunity and Affirmative Action
Employer, M/F/D/V



Primary Location

US-NY-New York-245 Park Avenue / 03360





Job Type



Day Job

Employee Status