Corporate - Global Financial Crimes Compliance Advisory, Asset Management, Compliance Analyst/Associate

Job description

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

Global Financial Crimes Compliance (GFCC) team is part of The Global Compliance & Regulatory Management department which is responsible for the provision of compliance services to the Firm.

The Global Financial Crimes Compliance (GFCC) organization has over 700 staff members across the world. The team covers both global and business-aligned functions supporting the firm's Anti-money laundering (AML), Sanctions, and Anti-corruption programs and is led by the Bank Secrecy Act (BSA)/AML Officer and the AML Operations Executive.

GFCC is a subset of the Compliance structure within J.P. Morgan covering all lines of business with reporting lines to the Global Head of GFCC in the USA. GFCC Advisory provides advice to the to the Private Bank and JPMorgan Securities lines of business on all matters involving CIP/KYC and AML-related laws and regulations affecting client accounts, transactions and products. This position will report directly to the Senior Managers within the U.S. GFCC Advisory team and as part of that team will be responsible for the oversight of the GWM or GIM sub lines of business. The individual will provide support to ensure that the firm's Financial Crime program is successfully implemented.

Responsibilities:
· Provide clear advice on the application of US rules and firm policy in relation to Anti-Money Laundering, Sanctions and Anti-corruption;
· Assess and analyze Anti-Money Laundering /Sanctions/Anti-corruption matters such as high risk client reviews, new products, PEPs, and negative media;
· Collaborate with global and regional compliance management on cross line of business impacts and regional/local policy requirements;
· Identify and investigate potential rule and policy breaches, conduct investigations, coordinating corrective/remedial action with other control functions as necessary;
· Develop new and enhanced compliance control processes in response to regulatory changes, audits, and examinations;
· Assist in the development and implementation of any AML related remediation programs and/or projects;
· Assist in providing AML/KYC, Sanctions and Anti-corruption training to the business and other control staff as necessary;
· Provide appropriate reporting to business on the status of financial crimes risks and evaluate financial crime metrics to identify trends and troubleshoot areas of needed;
· Provide guidance on, and assist in drafting certain policies and procedures as well as targeted process flows;
· Coordinate and assist in resolving client escalations involving financial crimes and reputational risk;
· Conduct research on evolving issues related to financial crimes compliance.
· Handle the day-to-day management of the BSA/AML/sanctions/Anti-corruption risk assessment process for AM products to ensure completeness, sufficiency and accuracy.
· Keep abreast of industry trends and “hot issues” and anticipate areas of focus and attention of regulators, keeping business management and Compliance colleagues informed;

Desired profile

Qualifications

· Candidate needs to demonstrate extensive compliance knowledge and application of the Bank Secrecy Act as amended by the USA PATRIOT Act and implementing regulations.
· Candidate needs to demonstrate a working knowledge of a full range of wealth and or investment management products.
· Candidate needs to have strong risk management and communication skills; the ability to work independently, the willingness to work across the various lines of business and closely with our Compliance, Legal Risk and business partners.
· Bachelor degree or equivalent experience required;
· Familiarity with the firm's internal systems and processes
· Ability to work in a fast-paced, dynamic and demanding environment
· Attention to detail and control/quality awareness.
· Good communication skills especially the ability to articulate complex issues to a range of audiences, including business management, other Compliance, Legal and control colleagues, as well as Audit and regulatory authorities.
· Highly skilled in Microsoft Office applications, in particular Excel, Visio, PowerPoint
· Strong organizational and analytical skills, problem solving, good critical thinking and decision making skills
· Proven ability to build strong partnerships with colleagues, desire to learn quickly, be flexible and think strategically
· Ability to multi-task, work well under pressure with commitment to deliver under tight deadlines
· Strong judgment and excellent written and oral communication skills with the ability to present information in differing degrees of details and form depending on the audience
· Experience supporting strategic improvements and delivering measurable change
· Comfortable working with all levels of management