Client Escalations Anti-money laundering - Associate

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,...