Job Description
Join our team to provide oversight and guidance in delivering Anti-Money Laundering (AML) and Know-Your-Customer (KYC) strategies, ensuring full compliance with regulatory requirements.
As a AML/KYC Controls Specialist within the AML/KYC Controls team, you will have the opportunity to provide oversight and guidance so that the business delivers Anti-Money Laundering (AML) and Know-Your-Customer (KYC) strategies to assure our product and our customer base are fully compliant with regulatory requirements. AML/KYC Controls works closely with various groups within the Private Bank, such as KYC Operations, CCOR, Technology, and Controls teams to deliver ongoing requirements for capturing, reporting, and monitoring compliance with regulatory standards.
Job responsibilities
* Communicate strategy and provide guidance and direction on overall program initiatives that cross multiple functions and have an impact on the line of business and organization
* Execute and support controls and governance activities across the KYC, Transaction Monitoring, Account reporting, and Screening functions
* Support the implementation of regulatory and bank-driven changes impacting the AML/KYC program – working across the Business, Product, and Compliance to ensure changes are reviewed, understood, and implemented in a controlled manner
* Evaluate risk and make decisions on selected escalations of AML/KYC issues for individual clients or client groups
* Play a role in ensuring the program and specific projects align with AML/KYC Standards, Policies, and Appendixes, and align to mitigate risk or create/maintain a controlled environment
* Present AML program status updates and metrics, Issue/Action Plan status updates, and overall health of LOB AML Program to various governing committees and LOB forums. Accountable to review and report on AML projects and initiatives, addressing certain AML risks, and communicating to Management
* Ensure that launches of new products and new onboarding channels are aligned to KYC Standards
Required qualifications, capabilities, and skills
* Extensive financial services experience in controls, audit, quality assurance, risk management, or AML/KYC
* Experience leading cross-functional projects to analyze, design, and deliver best practices
* Demonstrate confident leadership and sound judgment to influence a strong culture and risk management
* Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio) required with the ability to develop compelling and meaningful executive presentations that will drive opportunities/recommendations for improvement
* Proficient in Data Analysis with the ability to interpret and analyze complex data sets
Preferred qualifications, capabilities, and skills
* Wealth Management and Private Banking experience with a focus on Anti Money Laundering and Know Your Customer risks
* Ability to create a vision and actionable roadmap with a focus on ongoing innovation
* Ability to effectively maximize delivery of business goals and returns on investment
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.