CCB Compliance - Senior Auditor - AVP - New York, NY

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • JPMorgan.
  • 30 Sep 16

CCB Compliance - Senior Auditor - AVP - New York, NY

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and 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

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 1000 Audit Officers.

The Community & Consumer Banking (CCB) audit team is responsible for assessing the adequacy of the control environments across the Auto Finance, Business Banking, Consumer Banking, Card Services, Chase Wealth Management, Mortgage Banking, Student Loans, and Merchant Services businesses. This is achieved through a program of audit coverage that is performed and managed by a global team of integrated technology and financial business specialists.

The Anti-Money Laundering Senior Auditor's position preferred location is based in New York, but open to the following locations New York City or Wilmington, DE. This individual will be responsible for responsible to assist with assessing the adequacy and effectiveness of controls designed to ensure the CCB businesses comply with relevant Anti-Money Laundering (AML) laws as well as OFAC and other sanctions requirements. This will involve assisting with the monitoring adherence to regulatory change, helping ensure appropriate audit coverage within CCB business audits, leading the planning and execution of audits of the CCB AML Compliance function, and maintaining relationships with and providing control related advice to business stakeholders.

The applicant must be an experienced Anti-Money Laundering professional who possesses strong auditing/testing skills, expert knowledge of AML laws, is up to date on current regulatory developments relevant to Anti-Money Laundering, and possesses a strong understanding of internal control systems within a financial institution. This includes a working knowledge of CCB business activities, and practical experience dealing with risk management principles and controls.

This individual should be a strong team player, able to multi-task and work under pressure in a dynamic business environment.

  • Assist with the audit engagements as outlined above covering the CCB businesses including risk assessment, audit planning, audit testing, control evaluations, report drafting and follow up and verification of issue closure. Ensure audits are completed timely and within budget.
  • Establish strong working relationships with CCB Compliance management
  • Work closely with CCB audit colleagues in the early identification of emerging control issues and reporting them timely to Audit management and business stakeholders.
  • Assist with developing recommendations to strengthen internal controls and improve operational efficiency.
  • Assist with finalizing audit findings and using judgment opine on the control environment.
  • Drive plan creation, execution and changes based on changing business risk profile.
  • Assist with performing ongoing analysis of risk trends through the development and implementation of audit coverage.
  • Stay up-to-date with evolving regulatory changes and market events impacting the business.
  • Partner with business management, other control groups (i.e. risk management, compliance, fraud prevention), external auditors, and regulators establishing strong working relationships while maintaining independence.
  • A strong, comprehensive understanding of key AML and OFAC regulations and current regulatory developments relevant to CCB (e.g. Dodd-Frank requirements) and key Compliance priorities

  • Minimum 5+ years of direct AML or similar business experience
  • Self motivated professional who effectively analyses risk and proactively identifies issues.
  • Minimum bachelors degree; advanced degree and/or certification (CPA, JD, MBA, CAMS etc) preferred
  • Proven ability to build strong relationships with key stakeholders, desire to learn quickly, be flexible and think strategically.
  • Proven ability to multitask as well as assess and change priorities.
  • Excellent verbal and written communication skills and attention to detail with the ability to present complex and sensitive issues to senior management in a persuasive manner
**Any candidate not meeting ALL the qualifications can be considered for an Associate, Auditor role.