EMEA Compliance – Financial Crimes Compliance AML Investigations Officer – Associate - Bournemouth

Job description

The Role

The Global Financial Crimes Compliance (“GFCC”) Anti Money Laundering (“AML”) Investigations Team is responsible for identification and reporting of suspicious transactions. The team investigates AML cases for Europe, Middle East & Africa (“EMEA”) booked business to support decision making in regard of filing Suspicious Activity Reports to law enforcement.
This role is within our team responsible for investigating Treasury Services /Commercial Bank AML cases. The team works in partnership with colleagues in US and Asia Compliance, EMEA in-country Compliance/GFCC teams and client-focused staff in the lines of business.

Duties & Responsibilities

The AML Investigations Team is primarily responsible for review of AML cases. These result from:
· Escalations from the EMEA Compliance Operations team responsible for review of transaction monitoring system-generated AML alerts
· Referrals from other sources such as the business, law enforcement or other financial institutions.
· Proactive investigations arising from self-generated leads or Financial Intelligence Unit (“FIU”) initiatives.
· Undertake client and company research using in-house databases and publicly available information to identify whether activity is unusual, and ultimately support the decision-making process regarding reporting to law enforcement.
· Escalate unusual activity and present cases to the weekly EMEA Anti Money Laundering Monitoring Committee (“AMLMC”) meeting with relevant country Money Laundering Reporting Officers (“MLROs”).
· Draft Suspicious Activity Reports (“SARs”) for submission to law enforcement.
· Provide feedback and escalate issues identified from AML investigations into clients' due diligence documentation and risk categorisation.
· Actively develop knowledge of criminal methods and AML typologies, applying these characteristics through interrogation of transaction data to identify unusual activity.
· Participate in proactive investigative projects in support of national, regional or global priorities and initiatives, including engagement with external partners.
· Develop subject matter expertise through knowledge, research and training, leading to new investigative approaches to uncover unusual activity.
· Share knowledge and experience through briefings, presentations and written products.
· Participate in ad hoc projects and enhanced reviews , including supporting regulatory enquiries and line of business Compliance.

Desired profile

Education and Experience

The following would be desirable:

· Strong academic background or work achievements
· Knowledge of and interest in one or more of:
· money laundering;
· terrorist financing ;
· bribery and corruption;
· novel and informal value transfer systems;
· correspondent banking; securities trading; investment, pension and hedge funds; currency exchange and transaction settlement;
· market manipulation and market abuse.
· Investigative skills and an analytical mindset, including proven problem solving ability.
· Experience in the finance industry, financial regulation, law enforcement or intelligence analysis.
· Demonstrated skills in risk assessment. The ability to make sound decisions, including escalation when appropriate, in regard to AML risk.
· The candidate must possess:
· initiative and judgement;
· the ability to prioritise conflicting demands, organise one"s agenda and work under pressure;
· the relationship management skills to deal with management and build partnerships with other departments;
· the ability to work in teams and the readiness to share knowledge;
· good oral and written communication skills
· Intermediate to advanced proficiency in Excel, particularly experience in handling large volumes of quantitative data.
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.