Anti-Money Laundering Compliance Associate recruitment
Business Description
JP Morgan Chase Asia regional Anti Money Laundering (AML) Compliance Team is responsible for implementation and oversight of AML policies and procedures for the firm's businesses in Asia.
The successful candidate will principally be involved in performing compliance review and approval for KYC records in customer on boarding. He/She is also expected to help manage KYC renewals projects and coordination of Corporate AML initiatives including performing AML risk assessments. The candidate will also work closely with business persons and with operational teams.
Job Description
- Provide general guidance on AML policies and regulations and liaise with Business and Supporting Functions for day-to-day Compliance-related issues and questions.
- Follow-up market developments and new AML rules/regulations; work with Business and Control Functions to ensure new rules are appropriately implemented and monitored.
- Review and implement business-specific local KYC and AML procedures, to ensure accuracy and compliance with appropriate Global AML Policies and Standards.
- Execute daily routine of KYC approvals and tracking.
- Review of KYC records of financial service providers (including hedge funds, private equity firms, broker dealers, correspondent banks and money remitters) to ensure accuracy and compliance with appropriate standards.
- Conduct regular AML training on the Firm's policies and procedures to business staff in line with Regional and Global AML Programs.
Skills
Job Requirements
Essential Skills Experience:
- Work experience in a compliance, audit, risk management or control function.
- Some exposure to AML Compliance work
- Strong communication - written and interpersonal
- Demonstrated ability to effectively consult to obtain desired results
- Must be a self-starter, organized and have the ability to work independently.
- Candidate must have strong research skills, advanced skills in various Microsoft applications such as Word, Excel, and PowerPoint. Individual must also have excellent follow-up capabilities.
- Candidate must be highly motivated, intuitive and possess initiative to identify potential process improvements.
Preferred Skills/Experience:
- Some basic knowledge of the banking industry. Knowledge of cash management or some experience with the corresponding banking business will be a plus.
Language Requirements:
- Strong speaking and writing abilities in English. Mandarin speaker a plus.
May 5, 2012
• Tags: Anti-Money Laundering Compliance Associate recruitment, Compliance, Legal careers in the Hong Kong SAR • Posted in: Financial