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 Banking activities and products, including Investment Banking and Commercial Banking & Financing products and services such as corporate lending, leveraged finance, acquisition finance, commercial real estate finance, treasury and cash management, payments, capital markets transactions, debt and equity underwriting, mergers and acquisitions, and structured products.
- 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 Commercial and Investment Banking (CIB) products, services, and client types.
- Working knowledge of digital assets and tokenization initiatives, with experience supporting related business, risk, compliance, or regulatory efforts
- 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 Commercial and Investment Banking products, services, and client types
- Working knowledge of digital assets and tokenization initiatives
- Expert knowledge and implementation experience with AML/KYC, OFAC/Sanctions, and client Anti-Corruption Compliance programs
- Experience presenting to and advising senior leadership and regulators
- Ability to establish strategic vision and drive outcomes
- Excellent analytical and problem-solving skills
- BA/BS degree
- Strong communication and leadership skills in a complex global organization
- Ability to assess controls and processes and identify automation or technology 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 — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
-
Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
-
Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.
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
