at JPMorgan Chase in Chicago, Illinois, United States
Job Description
The Wholesale KYC Operations team plays a critical role in ensuring that as an organization, we are compliant with multiple regulations, in order to protect the bank’s reputation and financial assets. Wholesale KYC Operations supports the Commercial and Investment Bank.
As an Anti-Money Laundering Escalations Officer within the Commercial Banking and Corporate Investment Bank, you will be responsible for reviewing and investigating potential Anti-Money Laundering, Politically Exposed Persons, and negative media cases on Corporate and Investment Banking clients. You will work closely with the Wholesale Know Your Customer Officers, Bankers, Legal, Reputational Risk Office, and Compliance to determine the appropriate approval level and actions to mitigate risk. Your responsibilities will also include maintaining and reporting metrics, assisting in projects/initiatives, and interacting with other Lines of Business, technology, and other corporate escalation support teams.
Job Responsibilities:
+ Review and investigate Anti-Money Laundering, Politically Exposed Persons and negative media
+ Interface with Wholesale Know Your Customer Makers and Middle Office, Client Owners, Legal and compliance to determine appropriate approvals and actions to mitigate risk
+ Ensure Know Your Customer documentation is accurately and timely documented for each event
+ Maintain and publish reporting metrics including escalating past due items
+ Assist with various projects related to Anti-Money Laundering
+ Prepare and present reports on projects and initiatives to senior management
+ Interact with other lines of business, technology, Client List Screening to resolve processing, regulatory issues and questions impacting CIB
+ Work closely with and act as a proxy for the Head of Anti-Money Laundering Escalations including acting as Secretary for the Anti-Money Laundering Escalation Committee
Required Qualifications, Skills and Capabilities:
+ Bachelor’s degree
+ Understanding Anti-Money Laundering red flags
+ Minimum of 5 years relevant Anti-Money Laundering and/or negative media experience in Compliance, Legal, Risk, or Audit capacity or similar work experience
+ Experience managing a team
+ Knowledge and experience with various JPMorgan Chase bank systems (CDD, FCIP, Customer Assist and Client Central) and proficient with SharePoint and Microsoft (Word, Excel, PowerPoint and Access)
+ Team player, but ability to act on own initiative and fulfill objectives with minimum supervision
+ Project management skills with ability to work independently on multiple assignments and meet deadlines in a fast paced environment
+ Proven ability to communicate effectively both orally and in writing in order to present information in a concise and effective manner
Preferred Qualifications, Skills and Capabilities:
+ CAMs Certification
Final Job Grade and officer title will be determined at time of offer and may differ from this posting.
Please note this role is not eligible for employer immigration sponsorship.
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