Compliance Officer
The Company: J.P. Morgan is a leading global financial services firm with assets over $2.1 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. Information about J.P. Morgan is available at www.jpmorganchase.com The Department: The global Compliance Department provides a broad range of regulatory and compliance services and advices. This includes regulatory interpretation and analysis, advising on the interpretation of policies and procedures, performing a compliance risk assessment, advising on new product development and implementation, interfacing with the regulators etc. It also has the responsibility for providing regulatory education and training. The Paris Compliance Department forms part of the regional Europe, Middle East Africa (EMEA) Compliance Department. Main Job Purpose:
You will part of the Compliance Department based in Paris and report to the Head Compliance Officer who is acting as the named Compliance Officer, Money Laundering Reporting Officer and Data Privacy Representative for the group regulated French, Belgian and Dutch entities and undertakes the corresponding duties in accordance with the local applicable regulations and J.P. Morgan guidelines and procedures.
Roles Duties: 1. To ensure JPMorgan's Corporate and Investment Bank activities in France, Belgium and the Netherlands are organized and executed in accordance with the requirements of the applicable regulatory framework, the professional and ethical standards, as well as with the instructions, policies and procedures of J.P. Morgan;
2. To act as an advisor to the business and alert management on Compliance risks;
3. To draw-up and update compliance-related Policies and Procedures in accordance with applicable regulation and Group requirements;
4. To keep all governing bodies and businesses appraised of the Compliance-related topics and regulatory changes in those three jurisdictions and provide them with guidance on the interpretation and application of the requirements;
5. To provide educational trainings on Compliance-related subjects;
6. To act as a primary point of contact for the banking and securities regulators in Belgium and Netherlands ( FSMA, BNB, AFM, DNB) and to maintain co-operative relationships with them and day to day oversight of Compliance personnel based in those jurisdictions;
7. To assist the Head of Compliance in any CIB related matter in France;
8. To identify any personal data processing and fill notifications with the relevant authorities;
9. To work in conjunction with Risk and Internal Audit and other functions as appropriate to achieve the objectives of the Compliance function, not withstanding existing primary responsibilities allocated to each function; and
10. To identify / receive / record / follow-up regulatory breaches, compliance-related incidents compliance-related complaints and advise on relevant actions to avoid re-occurrence.
Qualifications:
Requirements / Qualifications
· Minimum of 6-8 years experience in Compliance roles – preferable wholesale banking business
· Good understanding of risk analysis processes
· Bachelor's degree (or equivalent) required or evidence of comparable academic / work achievement
· Strong interpersonal, communication, leadership, presentation and influencing skills
· Analytical mind
· Ability to prioritize multiple tasks, work under pressure and meet tight deadlines
· Ability to summarize complex topics concisely and drive practical outcomes
· The ability to make sound decisions, including escalation when appropriate, in regard of AML or sanction risk
· Evidence of working on the delivery of projects or implementing process change required
· To work without supervision; act on own initiative to identify tasks to be undertaken; work as part of a team.
· Ability to build strong working relationships with central and business aligned functions across the region and co-ordinate with functions of Financial Crimes Compliance requirements
· To be the primary contact on any Belgium and Netherlands compliance matter and to act as a support of the Head of Compliance on any French CIB issues.
· Ability to supervise, instruct and guide a Compliance analyst assigned to you.
While the position is primarily open to persons with a first successful compliance experiment, applicants with experience in other related fields (e.g. legal, risk management, audit) are welcomed.
Leave a Reply
You must be logged in to post a comment.