What are the responsibilities and job description for the Compliance- Wealth Management Global Financial Crimes - Senior Associate position at JPMorgan Chase?
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve realworld challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in class.
As a Global Financial Crimes Compliance (GFCC) Wealth Management Senior Associate within our Global Compliance organization, you are responsible for developing and implementing the requirements and standards for the Firm’s Enterprise-Wide Anti-Money Laundering (AML), Know Your Customer (KYC), and Sanctions programs. Your primary objective as a GFCC Advisory for Asset and Wealth Management (AWM) is to provide meaningful guidance to various functions within the line of business on matters related to GFCC policies and standards, as well as promote industry best practices and maintain oversight of the LOB’s execution.
The Senior Associate plays an important role on the execution and oversight of firmwide AML and KYC programs.
Job Responsibilities
- Review and disposition of certain AML and financial crimes escalations.
- Identify and escalate potential concerns and control issues and discuss findings with management.
- Assist with Compliance testing activities, audit, and regulatory exams.
- Support the review and installation of business initiatives with impact on firmwide AML and KYC programs.
- Provide GFCC Advisory senior management with regular updates on key AML issues and emerging risks.
- Assist with annual review of certain higher risk client types.
- Collaborate across teams to leverage expertise to meet stakeholders needs.
- Search for ways to improve processes by keeping abreast of latest information initiatives.
- Stay current on AML regulations and proactively challenge the impact of regulatory changes on policies, procedures, and standards.
- Participate in various forums within Risk Management & Compliance, AWM Client Operations, Quality Control and Assurance, Governance and Controls functions among others to provide guidance and oversight while keeping informed on latest developments on laws, regulations, and internal policies.
Required qualifications, capabilities and skills
- Minimum of 3 years of relevant Compliance related experience or other related experience such as risk management, audit, or similar control-related experience.
- Ability to take initiative, direction and deliver against tasks with minimal supervision.
- Analytical, organizational, time management, and planning skills.
- Ability to manage numerous reviews, and confidential and sensitive information in a professional manner in a fast-paced deadline driven environment.
- Good oral/presentation and written communications skills to articulate a Compliance opinion efficiently and effectively.
- PC Skills including Microsoft Excel, SharePoint, Word, PowerPoint and other reporting tools.
Preferred qualifications, capabilities and skills
- Knowledge of AML/KYC/Sanctions regulatory requirements and industry best practices strongly preferred.
- Audit, Regulatory &/or Testing experience a plus.
- Experience in advisory and/or other AML/KYC/Sanctions Compliance activities strongly preferred.
- Knowledge of JPMC’s Global KYC Standards and Applications preferred.
