CIB Operations - KYC Analyst Client Onboarding - Associate - Bournemouth

Job description

Department Description Risk & Controls continues to be a key focus within the banking industry. The Corporate Investment Bank, Know Your Customer (KYC) team plays a critical role in ensuring that as an organisation, we are compliant with multiple regulations, in order to protect the bank's reputation and financial assets. The Wholesale Client Onboarding team operates in close partnership with Sales, Operations, Credit, Legal, Compliance and Quality Assurance to provide efficient and timely on-boarding of new client relationships to the JP Morgan infrastructure. Job Summary The Client Onboarding Analyst will be responsible managing the Front Office relationship for all new business requests. The Analyst will be required to create and complete the end to end client onboarding KYC records, incorporating all due diligence documentation in to the KYC platform. The successful candidate will be familiar with working in an analytical environment, ability to evaluate complex and lengthy documents in order to ensure full adherence to regulation requirements, knowledge of multiple client types, and proven experience of producing quality work in a pressurised environment. The individual must promote excellence; diversity, quality, respect, inclusivity and drive their own self development. The Analyst will be a pro-active person with a strong desire to succeed. Effective communication skills are a key part of this role as it requires building and maintain strong working relationships, with all stakeholders, in a challenging environment.

Desired profile

Key Responsibilities: ·Manage new business requests received from the Front Office and oversee the KYC process end to end ·Work closely with the Front Office and potentially direct with clients as required, to obtain all necessary supporting evidence to fulfil KYC due diligence ·Liaise regularly with the business to conduct workload planning, review status of key onboardings and prioritize open requests ·Frequently interact with key stakeholders such as Legal, Compliance, Credit and Operations to develop strong partnerships, eliminate roadblocks and ensure continuity of information flow across the groups ·Create quality KYC profiles ensuring accuracy, completeness and validity, incorporating multiple risk factors in compliance with global regulatory requirements ·Manage personal workload and priority items and ensure timely escalation of key risks/issues to management ·Keep informed of any changes to processes and procedures, regulatory change and ensure open verbal dialogue with colleagues across the EMEA region ·Identify and execute process improvements, provide guidance and support on key process and technology initiatives to the business ·Strive for 95% Quality Assurance pass rate across the WCOB group Skills Required ·A working knowledge of KYC/Compliance/AML procedures and standards ·Knowledge of multiple client types (i.e. Corporates, Non-Banking Financial Institutions, F.I.'s, Hedge Funds, Private Equity Funds, Mutual Funds etc.) ·Knowledge of financial industry with in-depth expertise in various lines of business (Corporate Investment Bank and heritage lines of business) ·Demonstrates strong verbal and written communication skills with experience of conflict resolution ·Possesses strong time management, organisational, relationship building skills ·Quality focused work ethic and strong controls mind-set ·Adaptable to work in an evolving and changeable environment ·Proactively manage and drive forward own career, identifying personal training needs for development Desirable ·Knowledge of multiple products such as Trade, Escrow, Cash, Global Custody, Securities, Loans, Derivatives, Collateral Management.. ·B.S. Degree or equivalent About J.P. Morgan Chase & Co. J.P. Morgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 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 equity. A component of the Dow Jones Industrial Average, J.P. Morgan 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 J.P. Morgan Chase & Co. is available at www.jpmorganchase.com . JPMorgan offers an exceptional benefits program and a highly competitive compensation package. JPMorgan is an Equal Opportunity Employer. The hiring manager for this job opening would be willing to have a conversation about flexibility. This could range from ad hoc flexibility in a full time position, to a more formal Flexible Work Arrangement. The hiring manager is not committing to offering this, just highlighting an openness to having the conversation.