Job Description
The company's responsibilities related to Anti-Money Laundering (AML) span every business, function and region - and apply to every customer and client of the firm. The AML/Sanctions Consent Order requires that JPMorgan Chase & Co. make specific process and system improvements - on top of more immediate procedural changes - and drive greater consistency in its approach to AML across the company.
As a Compliance Officer, you'll:
Collect and document data, including alert, investigation or Suspicious Activity Report history; Know Your Customer 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 in order to escalate an alert to Investigations or to clear the alert
Disposition and fully document all alerts, including supporting data, analysis and rationale for disposition, within the case management system in a timely manner
Build relationships with AML Investigations units, effectively communicating and transferring information for case investigations
Conduct periodic internal account / customer reviews to identify potentially suspicious activity
Function as a key contributor and demonstrate knowledge of AML issues as well as broader functional knowledge
Participate in individual and department goal development and execute on tactical strategies for goal attainment
The successful candidate has strong independent responsibility and demonstrates compliance knowledge in working with both international and domestic clients and products, in addition to large multi-national corporations. This position requires leadership skills, proven investigatory abilities, prioritization skills, and a willingness to tackle new and difficult challenges. In addition, you must have banking system and investigative knowledge. You'll be expected to interact with AML management, all lines of business, and the firm's legal, audit, and risk departments. This position requires you to exercise sound judgment and follow high quality standards when conducting investigations.
Additional Qualifications:
Investigative experience with exposure within international regions and multinational corporations
Strong written and verbal communication skills
Exceptional research and analytical skills
Understanding of all lines of business and products
Independent decision maker, able to make time-sensitive assessments and to discuss complex regulatory issues with senior management
Understanding of regulatory concepts including, but not limited to, the Bank Secrecy Act, Office of Foreign Assets Control sanctions, and the USA PATRIOT Act
Able to interface with business counterparts to obtain information related to their client's transaction activity
Experience working with internal groups including Legal, Audit, or Risk to ensure consistent understanding of requirements
Proven ability to formulate and execute an investigation
Proficient in MS Office (Outlook/Word/Excel/Access/PowerPoint)
Bachelor's degree or equivalent experience required
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.
As a Compliance Officer, you'll:
Collect and document data, including alert, investigation or Suspicious Activity Report history; Know Your Customer 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 in order to escalate an alert to Investigations or to clear the alert
Disposition and fully document all alerts, including supporting data, analysis and rationale for disposition, within the case management system in a timely manner
Build relationships with AML Investigations units, effectively communicating and transferring information for case investigations
Conduct periodic internal account / customer reviews to identify potentially suspicious activity
Function as a key contributor and demonstrate knowledge of AML issues as well as broader functional knowledge
Participate in individual and department goal development and execute on tactical strategies for goal attainment
The successful candidate has strong independent responsibility and demonstrates compliance knowledge in working with both international and domestic clients and products, in addition to large multi-national corporations. This position requires leadership skills, proven investigatory abilities, prioritization skills, and a willingness to tackle new and difficult challenges. In addition, you must have banking system and investigative knowledge. You'll be expected to interact with AML management, all lines of business, and the firm's legal, audit, and risk departments. This position requires you to exercise sound judgment and follow high quality standards when conducting investigations.
Additional Qualifications:
Investigative experience with exposure within international regions and multinational corporations
Strong written and verbal communication skills
Exceptional research and analytical skills
Understanding of all lines of business and products
Independent decision maker, able to make time-sensitive assessments and to discuss complex regulatory issues with senior management
Understanding of regulatory concepts including, but not limited to, the Bank Secrecy Act, Office of Foreign Assets Control sanctions, and the USA PATRIOT Act
Able to interface with business counterparts to obtain information related to their client's transaction activity
Experience working with internal groups including Legal, Audit, or Risk to ensure consistent understanding of requirements
Proven ability to formulate and execute an investigation
Proficient in MS Office (Outlook/Word/Excel/Access/PowerPoint)
Bachelor's degree or equivalent experience required
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.
💡 Quick Summary
Seeking a career-building opportunity? The Employee Conduct Specialist | Compliance position is now open for candidates interested in the Bank Jobs sector. This role in Hyderabad 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.