Client Escalations Anti-money laundering Associate

Columbus, NE - USA

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Description

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 real-world 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.

AML/KYC Controls team provides oversight and guidance so that the business delivers Anti-Money Laundering (AML) and Know-Your-Customer (KYC) strategies to assure our products and our customer base are fully compliant with Bank Secrecy Act (BSA) PATRIOT Act OFAC and FINRA requirements.

As an AML/KYC Officer I within our Compliance Team you will play a critical role in ensuring our firm adheres to regulatory requirements and internal policies related to anti-money laundering sanctions and customer due diligence. You will be responsible for making informed customer relationship decisions and participating in stretch assignments that contribute to the growth and development of both the team and yourself.

Job Responsibilities:

Conduct reviews based on AML OFAC sanctions or KYC risks providing documentation and rationale for decisions to retain or exit customers.
Develop strategies for customers with AML Fraud Sanctions or KYC risks including formulating questions requesting documents and alerting partners.
Manage and resolve sanctions escalations by identifying risks and implementing mitigation strategies.
Present customers to AML executives and advisory partners for further evaluation and decision-making.
Conduct thorough investigations of transactions and customer profiles to identify potential sanctions-related violations.
Assist in building AML/Compliance programs by supporting the design development and implementation of projects addressing AML risks and controls.
Provide support in developing solutions to fix identified issues or gaps.
Complete tasks with attention to quality and timeliness facilitating recommendations and escalations to management.
Produce standard and ad hoc management reports and presentations coordinating with various partners on issues.
Maintain up-to-date knowledge of regulatory requirements and understand the AML/KYC/Sanctions risk management framework.
Provide support to senior team members and new team members make recommendations and identify trends to address potential compliance issues.

Required qualifications skills and capabilities:

Minimum one year of experience in the financial services industry with a background in controls audit quality assurance operational risk management AML/KYC or equivalent subject matter expertise.
Skilled in analyzing root causes of AML/KYC sanctions compliance and risk issues.
Experience producing and redacting templates and presentations detailing risks or mitigants for customers with sanctions concerns.
Comfortable working in ambiguous environments without structured decision-making tools.
Excellent problem-solving critical thinking and analytical skills.
Highly organized able to manage multiple projects simultaneously and collaborate across various lines of business.
Strong judgment professional maturity personal integrity and work ethic; proactive results-oriented fact-based and willing to challenge the status quo. Proficient in Microsoft Office Suite (Word Excel PowerPoint).

Preferred qualifications skills and capabilities:

Bachelors degree preferred or equivalent experience
Business knowledge - ability to understand the business / knowledge of regulation surrounding business
Communication/presentation - excellent written and verbal communication skills with an ability to articulate in a meaningful and actionable manner
Networking strong interpersonal skills; strong collaboration and relationship building skills
Work autonomously to affect change - flexible adaptable to shifting priorities; manages competing priorities to achieve the most effective result and able to work in a fast-paced results driven environment.
Decision Making/Judgement - moderate level of independent decision making using sound judgement

Required Experience:

DescriptionBring 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 ...

Description

Job Responsibilities:

Conduct reviews based on AML OFAC sanctions or KYC risks providing documentation and rationale for decisions to retain or exit customers.
Develop strategies for customers with AML Fraud Sanctions or KYC risks including formulating questions requesting documents and alerting partners.
Manage and resolve sanctions escalations by identifying risks and implementing mitigation strategies.
Present customers to AML executives and advisory partners for further evaluation and decision-making.
Conduct thorough investigations of transactions and customer profiles to identify potential sanctions-related violations.
Assist in building AML/Compliance programs by supporting the design development and implementation of projects addressing AML risks and controls.
Provide support in developing solutions to fix identified issues or gaps.
Complete tasks with attention to quality and timeliness facilitating recommendations and escalations to management.
Produce standard and ad hoc management reports and presentations coordinating with various partners on issues.
Maintain up-to-date knowledge of regulatory requirements and understand the AML/KYC/Sanctions risk management framework.
Provide support to senior team members and new team members make recommendations and identify trends to address potential compliance issues.

Required qualifications skills and capabilities:

Minimum one year of experience in the financial services industry with a background in controls audit quality assurance operational risk management AML/KYC or equivalent subject matter expertise.
Skilled in analyzing root causes of AML/KYC sanctions compliance and risk issues.
Experience producing and redacting templates and presentations detailing risks or mitigants for customers with sanctions concerns.
Comfortable working in ambiguous environments without structured decision-making tools.
Excellent problem-solving critical thinking and analytical skills.
Highly organized able to manage multiple projects simultaneously and collaborate across various lines of business.
Strong judgment professional maturity personal integrity and work ethic; proactive results-oriented fact-based and willing to challenge the status quo. Proficient in Microsoft Office Suite (Word Excel PowerPoint).

Preferred qualifications skills and capabilities:

Bachelors degree preferred or equivalent experience
Business knowledge - ability to understand the business / knowledge of regulation surrounding business
Communication/presentation - excellent written and verbal communication skills with an ability to articulate in a meaningful and actionable manner
Networking strong interpersonal skills; strong collaboration and relationship building skills
Work autonomously to affect change - flexible adaptable to shifting priorities; manages competing priorities to achieve the most effective result and able to work in a fast-paced results driven environment.
Decision Making/Judgement - moderate level of independent decision making using sound judgement

Required Experience:

Key Skills

Customer Service
Client Expectations
Client Requirements
Client Support
Action Plans
Issue Resolution
Account Management
Client Relationships
Service Delivery
Client Service
Client Satisfaction
Client Management
Procedures
Service Level Agreements
New Clients

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About Company

JPMorganChase

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

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