As a key member of the Risk Management and Compliance team, you'll be instrumental in maintaining the strength and resilience of JPMorgan Chase. Your expertise will guide the firm in responsibly expanding its business by identifying and addressing new and emerging risks. You'll leverage your expert judgment to tackle real-world challenges that affect our company, customers, and communities. Our Risk Management and Compliance culture encourages innovative thinking, challenges conventional approaches, and aims to achieve excellence.
As a Compliance Risk Management Lead within the Global Financial Crimes Compliance (GFCC) organization, you will be tasked with the development of requirements and standards for the Firm's Enterprise-Wide Anti-Money Laundering (AML) and Sanctions Programs. Your responsibilities will include oversight and coordination of AML and sanctions coverage across the firm, the creation of policies, procedures, and standards to comply with regulatory guidance, including heightened expectations, and the execution of GFCC activities.
Job Responsibilities
- Support business functions with day-to-day AML compliance issues covering Global Markets broker-dealer activities and products, including institutional cash products, prime services, derivatives (including futures and options), securities finance, clearing, and custody as well as Digital Assets and tokenization products/structures (e.g., tokenized securities/funds, digital asset custody, settlement/clearing models, and on-chain/off-chain transaction flows)
- Support the sales team through the interpretation and implementation of the GFCC Anti-Money Laundering/Know Your Customer processes, assessment of the control environment, OFAC/Sanctions and client Anti-Corruption Compliance
- Help develop, review and provide feedback on Financial Crime and Operational Risk Assessments, higher risk client types, KYC and Customer Escalation Standards
- Provide advice and guidance into new business initiatives, change management, deals (mergers and acquisitions) and strategic investments by assessing the Financial Crime risk impact on proposed new products and services
- Help identify and assess AML risks, including the types of clients they serve, their geographical locations, and the types of financial transactions they conduct
- Suggest improvements to the AML control process that increase the processes strength while maintaining efficiency
Implement controls to respond to AML findings that mitigate AML risk
- Review existing AML policies to ensure that they are effective and account for current or emerging risk
- Stay abreast of industry trends and emerging risks and anticipate areas of focus and attention of regulators, keeping the business and Compliance colleagues informed
- Set a positive culture of professional development, collaboration and efficiencies
- Build relationships with stakeholders and provide oversight and credible challenge to senior level committees and forums across CIB and GFCC
Required qualifications, capabilities, and skills
- 6+ years of work-related experience working within Risk Management and Compliance at a Global Financial Institution with strong knowledge of Global Markets broker-dealer products, services, and client types (including institutional cash products, prime services, derivatives, securities finance, clearing, and custody) and experience supporting Digital Assets / tokenization products and operating models (e.g., tokenized securities/funds, digital asset custody, and on-chain/off-chain transaction flows)
- Expert level knowledge and implementation of programs around GFCC Anti Money Laundering/Know Your Customer processes, assessment, Office of Foreign Assets Control (OFAC)/Sanctions and client Anti-Corruption Compliance
- High proficiency & demonstrated experience in presenting and advising senior leadership and regulators
- Proven ability to establish a strategic vision and drive strong outcomes and results
- Excellent analytical and problem-solving skills, inquisitive nature and comfort challenging current practices
- BA/BS degree required
- Strong ability to communicate clear vision and direction and ability to lead within a complex global organization
- Ability to assess controls and processes to leverage further opportunities for automation/technological advancement
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
Skills Required
- 6+ years of work-related experience in Risk Management and Compliance at a global financial institution
- Strong knowledge of Global Markets broker-dealer products, services, and client types, including institutional cash products, prime services, derivatives, securities finance, clearing, and custody
- Experience supporting digital assets and tokenization products and operating models
- Expert knowledge and implementation experience with AML and KYC processes
- Experience with OFAC and sanctions compliance
- Experience with client anti-corruption compliance
- High proficiency presenting to and advising senior leadership and regulators
- Ability to establish strategic vision and drive strong outcomes
- Excellent analytical and problem-solving skills
- Bachelor of Arts or Bachelor of Science degree
- Strong communication, leadership, and stakeholder management abilities in a complex global organization
- Ability to assess controls and processes and identify automation or technology advancement opportunities
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
-
Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
-
Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
-
Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
Gallery
