Full Job Description
The company's responsibilities related to Anti-Money Laundering span every business, function and region - and apply to every customer and client of the firm. The AML/Sanctions Consent Order requires that JPMorgan Chase make specific process and system improvements - on top of more immediate procedural changes - and drive greater consistency in its approach to AML across the company.
This position will be part of JPMorgan's Enterprise Financial Crimes Compliance / Anti Money Laundering (AML) Investigations Team, responsible for monitoring and identifying suspicious activity as it relates to protecting the firms Lines of Business.
The successful candidate has strong independent responsibility and demonstrates compliance knowledge in working with both international and domestic clients and products, in addition to large multi-national corporations. This position requires leadership skills, proven investigatory abilities, prioritization skills, and a willingness to tackle new and difficult challenges. In addition, this candidate must have banking system and investigative knowledge. The candidate will be expected to interact with AML management, all lines of business, and the firm's legal, audit and risk departments. This position requires the individual to exercise sound judgment, and high quality standards when conducting investigations.
Collect and document data, including alert, investigation, or Suspicious Activity Report history; Know Your Customer information; relevant account and transaction data; plus any other required information to assist the investigation
Review and analyze underlying data gathered to assess reasonable cause to escalate an alert to Investigations or to clear the alert
Disposition and fully document all alerts, including supporting data, analysis and rationale for disposition, within the case management system in a timely manner
Build relationships with AML Investigations units, effectively communicating and transferring information for case investigations
Conduct periodic internal account / customer reviews to identify potentially suspicious activity
Function as a key contributor and demonstrate knowledge of AML issues as well as broader functional knowledge
Participate in individual and department goal development and execute on tactical strategies for goal attainment
Investigative experience with exposure within international regions and multinational corporations
Strong written and verbal communication skills
Exceptional research and analytical skills
Understanding of all LOBs and Products
An independent decision maker, able to make time-sensitive assessments and to discuss complex regulatory issues with senior management
Understanding of regulatory concepts including, but not limited to, the Bank Secrecy Act, Office of Foreign Assets Control sanctions, and the USA PATRIOT Act
Interface with business counterparts to obtain information related to their client's transaction activity
Work with internal groups including legal, audit, risk to ensure consistent understanding of requirements
Proven ability to formulate and execute an investigation.
5+ years’ experience in compliance, SAR Writing, or a related position (including regulatory or law enforcement)
- Bachelor degree or equivalent experience required
- Proficient in MS Office (Outlook/Word/Excel/Access/PowerPoint)