Job Description
The India Global Financial Crimes Compliance (GFCC) team is responsible for implementing the firm’s Anti Money Laundering programme and the local regulatory requirements in India for the Corporate and Investment Banking businesses .
The role is required to support the India MLRO in transaction monitoring activities including reviewing the alerts and cases generated from MANTAS and other offline sources, relating to India businesses. The role will involve working closely with the India Global Financial Crimes Compliance team, APAC Anti money Laundering Investigation team and front line staff to ensure that the Anti money Laundering alerts are reviewed and disposed off as per the firm’s policies and standards, as well as local laws and regulations.
The successful candidate should be capable of demonstrating investigative abilities, prioritization skills and a willingness to tackle new and difficult challenges. This position requires knowledge of the banking system, common Anti money Laundering typologies and is responsible for identifying suspicious activities timely while ensuring quality of work. In addition, the candidate is a team player who can collaborate with multiple stakeholders, possesses strong analytical skills and is adaptable and able to thrive in an evolving environment. The candidate needs to demonstrate strong knowledge of Corporate Banking, Commercial Banking , Foreign Correspondent Bank - Anti money Laundering and Compliance knowledge, possesses the ability to exercise sound judgment and observe the highest degree of confidentiality in handling of information received in the course of their responsibilities.
Job responsibilities
Subject matter expertise of Anti money Laundering and/or Terrorist Financing investigations, including comprehensive understanding of Anti Money Laundering processes, Technology, Case Management and products / services
Comprehensive understanding of Red Flag indicators relating to Anti Money Laundering /CFT applicable to Line of business issued by local regulators as well as international best practices.
Ensure and manage the quality of investigations relating to Alerts and / or cases are to the required standards, while managing timelines appropriately and timely
Assess investigations and/or Anti Money Laundering trends, including collaboration or partnership with regional or global stakeholders to effectively escalate, communicate, transfer information or implement change management
Participate in Anti money Laundering Investigations or Line of Business initiatives, process improvements or enhancements, including the use of technology and support the India MLRO in determination of STRs.
Ensure timeliness and execution of any expected scope of work relating to Risk and Controls partners (e.g. Quality Assurance, Monitoring and Testing), Audit, Regulatory and/or Controls Evaluation requests are adhered to
Proactively gather, coordinate and participate in changes to the firm’s Anti Money Laundering policies / processes or Anti Money Laundering trends with MLROs, relevant Global Financial Crimes Compliance Functions, Compliance and/or Line of Business.
Required qualifications, capabilities, and skills
Bachelor’s Degree in Finance, Economics, Statistical Mathematics, Data Science or equivalent/related disciplines
5 plus years of experience in the Financial Services Industry with a demonstrated track-record experience and knowledge of Investment Banking, Commercial Banking, Foreign Correspondent Bank Anti Money Laundering investigations, including proficient understanding of India Anti Money Laundering/CFT regulations and requirements
Experience in handling regulatory and enforcement agencies enquiries and investigations, will be advantageous
Preferred qualifications, capabilities, and skills
Ability to develop and maintain productive relationships with key internal clients across all levels and stakeholders management
A solution oriented approach, with exemplary problem solving skills; Good analytical ability, written and verbal communication skills.
Ability to own, deep-dive and/or investigate issues and can derive solutions independently, ultimately ensuring successful implementation or resolution
Experienced with Mantas, technology oriented case management tool and/or technology will be preferred and require proficiency in MS Office (Outlook, Excel, Word, PowerPoint etc.), and the experience to handle large volumes of quantitative data
ABOUT US
JPMorgan Chase & Co., 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 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, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
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.
The role is required to support the India MLRO in transaction monitoring activities including reviewing the alerts and cases generated from MANTAS and other offline sources, relating to India businesses. The role will involve working closely with the India Global Financial Crimes Compliance team, APAC Anti money Laundering Investigation team and front line staff to ensure that the Anti money Laundering alerts are reviewed and disposed off as per the firm’s policies and standards, as well as local laws and regulations.
The successful candidate should be capable of demonstrating investigative abilities, prioritization skills and a willingness to tackle new and difficult challenges. This position requires knowledge of the banking system, common Anti money Laundering typologies and is responsible for identifying suspicious activities timely while ensuring quality of work. In addition, the candidate is a team player who can collaborate with multiple stakeholders, possesses strong analytical skills and is adaptable and able to thrive in an evolving environment. The candidate needs to demonstrate strong knowledge of Corporate Banking, Commercial Banking , Foreign Correspondent Bank - Anti money Laundering and Compliance knowledge, possesses the ability to exercise sound judgment and observe the highest degree of confidentiality in handling of information received in the course of their responsibilities.
Job responsibilities
Subject matter expertise of Anti money Laundering and/or Terrorist Financing investigations, including comprehensive understanding of Anti Money Laundering processes, Technology, Case Management and products / services
Comprehensive understanding of Red Flag indicators relating to Anti Money Laundering /CFT applicable to Line of business issued by local regulators as well as international best practices.
Ensure and manage the quality of investigations relating to Alerts and / or cases are to the required standards, while managing timelines appropriately and timely
Assess investigations and/or Anti Money Laundering trends, including collaboration or partnership with regional or global stakeholders to effectively escalate, communicate, transfer information or implement change management
Participate in Anti money Laundering Investigations or Line of Business initiatives, process improvements or enhancements, including the use of technology and support the India MLRO in determination of STRs.
Ensure timeliness and execution of any expected scope of work relating to Risk and Controls partners (e.g. Quality Assurance, Monitoring and Testing), Audit, Regulatory and/or Controls Evaluation requests are adhered to
Proactively gather, coordinate and participate in changes to the firm’s Anti Money Laundering policies / processes or Anti Money Laundering trends with MLROs, relevant Global Financial Crimes Compliance Functions, Compliance and/or Line of Business.
Required qualifications, capabilities, and skills
Bachelor’s Degree in Finance, Economics, Statistical Mathematics, Data Science or equivalent/related disciplines
5 plus years of experience in the Financial Services Industry with a demonstrated track-record experience and knowledge of Investment Banking, Commercial Banking, Foreign Correspondent Bank Anti Money Laundering investigations, including proficient understanding of India Anti Money Laundering/CFT regulations and requirements
Experience in handling regulatory and enforcement agencies enquiries and investigations, will be advantageous
Preferred qualifications, capabilities, and skills
Ability to develop and maintain productive relationships with key internal clients across all levels and stakeholders management
A solution oriented approach, with exemplary problem solving skills; Good analytical ability, written and verbal communication skills.
Ability to own, deep-dive and/or investigate issues and can derive solutions independently, ultimately ensuring successful implementation or resolution
Experienced with Mantas, technology oriented case management tool and/or technology will be preferred and require proficiency in MS Office (Outlook, Excel, Word, PowerPoint etc.), and the experience to handle large volumes of quantitative data
ABOUT US
JPMorgan Chase & Co., 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 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, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
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.
💡 Quick Summary
Seeking a career-building opportunity? The Compliance Anti Money Laundering Investigation Officer | Associate position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
