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.
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, Sanctions, and Anti-corruption programs and is led by the BSA/AML Officer and the AML Operations Executive. This position reports to the Global Financial Crimes Compliance - Sanctions Lead and is an integral part of GFCC responsibilities to protect the organization and to fulfill the Bank's regulatory requirements.
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Job Responsibilities:
The job responsibilities of this Sanctions Compliance Officer position involve the completion of processes around regulatory driven sanction list or internally developed watch list searches of transactions and account holders looking for designated high risk clients and sanctioned transactions.
- Work with internal Lines of Business (LOBs) and OFAC and responsible for all functions related to the restriction, blocking and unblocking of accounts/property.
- Review blocked and rejected transactions from the various Compliance regions, request and obtain applicable indemnities, consult with management and assist in the preparation of the daily, weekly and annual blocked property reports sent to OFAC.
- This position is responsible for the monitoring, reporting, related to OFAC.
- This position also includes the process to determine if there is a true match to a suspect name, review, analysis and decisioning on wire transactions and
- specific issues escalated to/from internal business units.
- Validation on positive search results and providing detailed research information to support the resolution of a match.
- Providing written and verbal communication on issues with management, the lines of business and Compliance units, Performing and reviewing highly sensitive client and transaction search information, reporting, escalating and documenting results.
- Process high volumes an analytical ability, initiative, a solution oriented mindset; leadership and attention to detail,
- Knowledge of banking process, service operations, products and systems
- Work effectively in a deadline driven, diverse team/site environment.
- Perform additional duties and special projects as requested. Occasional travel and overtime may be required; the ability to work flexible hours is required
Required Qualifications, Capabilities, and Skills
- Must have 3-5 years of banking experience and at least 1 year of Compliance,
- Candidate must have strong written/verbal communication, leadership, proven high volume processing and analytical skills with the ability to work independently on multiple assignments simultaneously in a deadline driven, regulatory environment.
- Ability to maintain high quality in a risk intensive environment.
- Knowledge of SWIFT messaging and payment transactions is preferred.
- Demonstrate cross-line of business knowledge of banking systems and products.
- Possess strong computer skills: Microsoft Office Suite including Excel, Word, Outlook and PowerPoint.
- Self-reliance and willingness to own problems and creatively find solutions.
- Must be results oriented and have strong organizational skills with the ability to manage multiple priorities.
- Excellent project management and presentation skills.
- Flexibility to work varying daytime hours to accommodate transactional, product, reporting and regional deadlines.
- Bachelor's degree with an emphasis in Business Administration.
Preferred Qualifications, Capabilities, and Skills
- Legal or audit experience is highly desirable
- Customer contact and service operations experience is a plus
- Experience with Alteryx, or other data tools is a plus
- AML, OFAC experience highly desirable.
ABOUT US
JPMorgan Chase & Co., 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 over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm's needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.