Compliance Senior Associate - New Business Initiatives Advisory

Job Description
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.
As a Compliance Risk Officer - Senior Associate on the Consumer and Community Banking (CCB) Global Financial Crimes Compliance (GFCC) team,you will be support New Business Initiative Approval (NBIA) activities for the CCB GFCC Advisory Team. Additionally, you will assist the CCB GFCC Advisory Team with the functional reviewer challenges and applicability of AML and Sanctions Risks and Controls. Our GFCC organization is responsible for developing and implementing the requirements and standards for the Firm's Enterprise-Wide Anti-Money Laundering (AML), Know Your Customer (KYC), and Sanctions programs. The primary objective of GFCC Advisory for Consumer & Community Banking (CCB) is to provide meaningful guidance to various lines of business within CCB as it relates to internal GFCC policies and standards, as well as promote industry best practices and maintain oversight of the LOB's execution.
Job Responsibilities

• Evaluate the inventory of Initiatives and work with GFCC Advisory partners, Legal, Risk, Compliance and Controls (LRCC) partners to assess controls and processes and identify areas of potential AML and Sanctions Risk within the PSCM, SPAA and NBIA process
• Collaborate with GFCC Advisors, Line of Business Leads, CCOR Compliance, Risk, Legal Partners, Control Leads within the PSCM, SPAA and NBIA related activities as needed
• Work collaboratively with team members across LOBs and participate actively in working groups to help identify potential concerns and control issues
• Execute on key strategic Compliance initiatives within the context of the firm's global compliance mandate
• Conduct an AML and/or Sanctions assessment on a monthly basis of the NBIA's submitted for approval
• Analyze how technology dependencies, product and experience Risks affect the overall GFCC compliance framework to identify potential concerns and discuss findings with management
• Serve as a subject matter expert of the NBIA Standards and Procedures, KYC Standards, AML Policy and Sanctions Standards to help the functional reviewing team determine controls needed to mitigate risks of potential new products and services
• Assist management in the annual BSA AML and Sanctions Risk Assessment, Quarterly Operational Risk Summaries and other projects supporting the CCB GFCC Horizontal Team, as needed
• Execute on key strategic Compliance initiatives within the context of the firm's global compliance mandate

Required qualifications, capabilities and skills

• Minimum of 5 years of relevant Risk and/or Compliance related experience or other related experience such as risk management, audit or similar control-related experience
• Strong knowledge of BSA AML/KYC/Sanctions regulatory requirements and/or industry best practices
• Strong communication skills - both verbal and written; ability to communicate effectively at all levels of the organization
• Proactive approach to problem solving, owning the issues and having the determination to follow tasks with minimal supervision
• Motivated and able to work in a fast-paced environment; work independently as well as part of a team
• Highly proficient in Microsoft Office suite of products (Excel, SharePoint, MS Teams and PowerPoint)

Preferred qualifications, capabilities and skills

• Bachelor's Degree
• Previous experience in financial crimes
• CAMS designation
• Technology, Controls, Audit, Regulatory and/or Testing experience
• Knowledge of JPMC's Global AML Policies and Standards
• Experience in CORE

About Us
JPMorganChase, 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. 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
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm's needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.