Compliance – Global Financial Crimes
JPMorgan Chase Co. (NYSE: JPM) is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. The Global Financial Crimes Compliance (GFCC) organization within JPMorgan Chase Co. is responsible for assisting in the development, implementation and oversight of the JPMC GFCC Program.
General Responsibilities
This position is responsible for implementing AML/Sanctions compliance testing plans for the firm's EMEA Region, reporting to the GFCC EMEA Regional Testing Team Manager. The team leader will supervise a team of dedicated AML/Sanctions compliance testers that conduct targeted reviews to assess the design and effectiveness of the firm's AML/Sanctions controls and processes for compliance with applicable AML/OFAC/Sanctions regulations and adherence to corporate AML/Sanctions policies, procedures, and processes. This work includes completing timely and appropriately scoped reviews pursuant to the established schedule; assessing data samples when necessary to determine if practices adhere to applicable AML/Sanctions laws, regulations and regulatory expectations; discussing findings with management; and documenting findings in written reports and workpapers. This position will assist the GFCC EMEA Regional Testing Team Manager with implementing the EMEA AML/Sanctions compliance testing plan in accordance the firm's standards.
Job Duties
Manage a portfolio of AML/Sanctions and financial crimes compliance reviews to determine if business processes, procedures, and controls are designed appropriately and operating effectively; Supervise a team of AML/Sanctions compliance testers, including recruiting, assigning tasks, providing guidance, coaching, and completing performance evaluations of team members; Identify potential concerns and control issues, determine the root cause of issues and ensure stakeholders develop and implement appropriate corrective actions; Conduct on-going compliance monitoring activities and participate in special projects as required.
Qualifications:
Significant, relevant Compliance experience or other related experience such as risk management, audit, or similar control-relate experience; MBA or Bachelor's degree with professional certification preferred; Knowledge of AML/Sanctions compliance requirements and standards that impact a global financial services firm, such as KYC/client risk rating, transaction monitoring, suspicious activity reporting, client screening/sanctions requirements, and risk assessment Knowledge of wholesale and consumer banking businesses and related products; Strong communication, organizational, problem solving, and analytical skills. The candidate should have the ability to establish credibility and strong partnerships with senior business leaders, control functions, and corporate partners globally; and Ability to manage numerous reviews, and confidential and sensitive information in a professional manner in a fast paced deadline driven environment.
About J.P. Morgan's Corporate Investment Bank
J.P. Morgan's Corporate Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at .
JPMorgan Chase Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase Co. is an Equal Opportunity Employer.
Salary: . Date posted: 14/05/2013
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