AML Associates needed for JPMorgan
The Global Financial Crimes Compliance (GFCC) organization has over 700 staff members across the world. The team covers both global and business-aligned functions supporting the firm's Anti-money laundering, Sanctions, and Anti-corruption programs and is lead by the BSA/AML Officer and the AML Operations Executive.
The position is part of the firm’s newly formed AML Alert Analysis team within AML Operations. This team will work in conjunction with the AML Investigations team to provide them with an initial assessment of potential Money Laundering / Terrorist Financing activity. The successful candidate needs to have strong processing and analytical skills; the ability to work independently, the willingness to work alerts across the various lines of business and is adaptable to change. In addition, the candidate needs to demonstrate extensive banking and compliance knowledge in working AML/KYC related issues, the ability to exercise sound judgment and to observe the highest degree of confidentiality in the handling of information received in the course of their responsibilities.
Responsibilities:
- Perform intake controls to ensure all alerts are logged and assigned in a timely manner
- Collect and document data, including alert, investigation, or SAR history; KYC 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 advance an alert to Investigations or to clear
- Disposition and fully document all alerts, including supporting data, analysis and rationale within the case management system in a timely manner
- Build relationships with AML Investigations units, and effectively communicate and transfer information for case investigations
- Conduct periodic internal account/customer reviews to identify potentially suspicious activity
- Function as a key contributor with demonstrated knowledge of AML/KYC issues, as well as broader functional knowledge
- Participate in the development of goals and execution of strategies within the function or department
Internal Qualifications:
- Relevant experience within AML, KYC or compliance investigative positions
- Self-starter, capable of working under minimum supervision
- Adept to multi-tasking and meeting deadlines in high-pressure environment
- Results oriented team player with a consistent track record of driving tasks quickly and accurately to fruition
- Strong problem solving ability coupled with the ability to recommend and make decisions autonomously
- Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and disposition appropriately.
- Strong interpersonal and verbal/written communication skills
- Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
- Strong documentation skills to clearly and accurately articulate alert disposition
- Adherence to controls and standards
We have a number of opportunties available within the team and all temporary contracts are initially for 6 months with long-term potential. We are ideally looking for individuals who are able to start in July but we are flexible on this start date.
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