Compliance - EMEA GFCCT Team – Associate - London

Job description

The position is part of the firm's GFCC Testing Team which is part of the firm's second line of defense for AML, Sanctions, and ABC. This position will be responsible for assisting with the performance of testing of the AML, Sanctions, and/or ABC programs across all lines of business. The reviews may be international in scope. The successful candidate must have the ability to prioritize / manage time, and to quickly learn about assigned topics. This position is responsible for conducting or assisting with GFCC Testing, reporting to the GFCC EMEA Testing Team Manager. This position conducts reviews to assess the design and effectiveness of the firm's AML, Sanctions, and/or ABC program controls and processes for compliance with applicable regulations and adherence to relevant corporate policies, procedures, and processes. This work includes completing timely and appropriately scoped reviews pursuant to the established schedule; assessing data samples when necessary to determine if practices adhere to applicable AML/Corruption/OFAC Sanctions laws, regulations and regulatory expectations; discussing findings with management; and documenting findings in written reports and work-papers. This position will assist the GFCC Region Testing team with implementing the GFCC compliance testing plan in accordance with the firm's standards. Responsibilities: ·Conduct or assist with GFCC Testing reviews and Monitoring Activities to determine if business processes, procedures, and controls are designed appropriately and operating effectively ·For assigned reviews, assist with the scoping, execution and documentation of properly designed compliance tests using appropriate sampling methods and testing processes ·Assist with the development of standard work programs and test scripts for the testing of program areas/products ·Identify potential concerns and control issues, determine the root cause of issues and ensure stakeholders develop and implement appropriate corrective actions ·Create first draft of testing reports and deliverables for assigned reviews ·Establish collaborative working relationships with GFCC team members globally ·Participate in assigned GFCC working groups

Desired profile

Essential Skills / Experience: ·Relevant Compliance testing experience or other related experience such as risk management, audit, or similar control-related experience / Knowledge of wholesale and consumer banking businesses and related products including investment management, treasury services, and correspondent banking businesses ·Understanding of BSA, AML, Sanctions and other AML regulatory policies / Understanding of the UK regulatory environment ·Flexibility / Initiative – Ability to manage multiple requests for information and handle confidential and sensitive information in a professional manner in a fast paced deadline driven environment ·Problem solving skills – the candidate must demonstrate the ability to identify key issues, and obtain appropriate information for further analysis ·Analytical skills – the candidate must be highly analytical with experience in collecting, analyzing, and synthesizing information on various subjects ·Communications skills – the candidate must possess excellent written and oral communications skills ·Teamwork skills – the candidate must be flexible in his/her work style and be able to work appropriately with stakeholders and colleagues at all levels ·Computing skills – Strong PC Skills including Microsoft Excel, Access, Word, PowerPoint and other reporting tools ·BA/BS/BBA degree required Preferred Skills / Experience: ·Experience in case based work: investigations, alert disposition, and/or SAR writing ·Experience with and/or knowledge of Global (APAC and Americas) regulatory environment ·CFE and/or CAMS certification a plus ·Language skills preferred (one or more of): Arabic, French, or Russian About J.P. Morgan's Corporate & Investment Bank J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com . JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.