Compliance Officer Gift City Plc Branch Associate
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Job Location:
Gandhinagar - India
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Department:
Job Summary
Be part of a dynamic team that ensures our operations meet the highest standards of compliance. Your expertise will help safeguard our reputation and support our continued growth in India.
Business Description
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking financial services for consumers and small businesses commercial banking financial transaction processing and asset management. A component of the Dow Jones Industrial Average JPMorgan Chase & Co. serves millions of consumers in the United States and many of the Worlds most prominent corporate institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at an IFSC Banking Unit (IBU) in GIFT City it is regulated by International Financial Services Centres Authority. As a Foreign Portfolio Investor (FPI) the IBU will also comply with SEBI FPI regulations and any applicable RBI regulations.
Compliance Conduct & Operational Risk (CCOR) works closely with these lines of business to assist with the management of specific risks. CCOR plays the vital role of challenging the firms business controls infrastructure for completeness (e.g. against regulatory requirements) and adequacy (e.g. in terms of strength and performance).
Job Summary
As an Associate in the Compliance team you will be responsible for supporting regulatory compliance for J P Morgan Securities PLC GIFT City (IBU).
Job Responsibilities
- Responsible for implementation of compliance framework for IBU and providing Compliance Conduct and Operational Risk (CCOR) coverage to IBU.
- Implement the firms AML & CFT programme for IBU. Working closely with the business operations and other compliance partners to ensure that the AML/ CFT / Sanctions programme are implemented as per the firms policies and standards as well as local laws and regulations.
- Provide regulatory guidance and advisory to the business/operations teams and other stakeholders regarding regulatory changes as well as existing regulations.
- Evaluate compliance with relevant regulations including AML KYC (impacting the regulatory licenses held by IBU) monitor and identify issues or gaps.
- Handle regulatory exams and be the primary contact for regulators during such exams.
- Provide updates to the IBUs Governing Body on regulatory developments as well as represent compliance on various legal entity governance forums.
- Engage with IFSCA SEBI Exchanges and relevant regulatory authorities for exam/ inspection and other RFIs as well as for regulatory clarifications.
- Participate in various advocacy initiatives with IFSCA SEBI and exchanges.
- Handle the escalation of alerts from AML or Trade surveillance team.
- Review policies pertaining to IBU based on regulatory changes / requirements.
- Work with various regional teams and provide them with necessary updates regarding local regulations.
Required Qualifications Capabilities and Skills
- 10 plus yearsof experience in the Financial Services Industry
Preferred qualifications capabilities and skills
- Chartered Accountant Masters degree Company Secretaryor other closely related professional qualification will be beneficial.
- Experience working in Compliance role at an IFSC Banking Unit (IBU) Fund Management Entity (FME) or Exchange within IFSC will an advantage.
- Experience in handling SEBI FPI / ODI regulations or AML /CFT regulations are an added advantage.
Required Experience:
IC
Key Skills
- Compliance Management
- Risk Management
- Financial Services
- PCI
- Banking
- Cost Accounting Standards
- Quality Systems
- Research Experience
- NIST Standards
- Securities Law
- SOX
- ISO 27000
About Company
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans ov ... View more
