Compliance officer – Investigations – Associate

Compliance officer – Investigations – Associate

The APAC Global Financial Crimes Compliance (GFCC) AML Investigations team is responsible for identification, investigations and recommendation of suspicious transactions. The team manages Mantas and/or manual escalations of cases consistent with the Global AML Standards, provides an initial assessment of potential Money Laundering, Terrorist Financing as well as other nefarious activity and recommends cases for escalation and further review or closure as false positives.

 

The India GFCC team is responsible for implementing the firm’s AML programme and the local regulatory requirements in India for the Corporate and Investment Banking businesses. 

 

Job summary:

As a Compliance officer – Investigations – Associate in the GFCC AML Investigations team, you are required to support the India MLRO in transaction monitoring activities including reviewing the alerts and cases generated from bank’s automated software and other offline sources, relating to JPMCB India businesses.

You should be capable of demonstrating investigative abilities, prioritization skills and a willingness to tackle new and difficult challenges. In this role, you will leverage your knowledge of the banking system, common AML typologies in identifying suspicious activities timely while ensuring quality of work.  In addition, you should be a team player who can collaborate with multiple stakeholders, possesses strong analytical skills and is adaptable and able to thrive in an evolving environment.  To be successful, you should have a strong understanding of Corporate Banking, Commercial Banking, Foreign Correspondent Bank -  AML 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 the responsibilities.

The role will involve working closely with the India GFCC team, regional AML investigation team and front line staff to ensure that the AML alerts are reviewed and disposed off as per the firm’s policies and standards, as well as local laws and regulations.

 

Job responsibilities:

• Have the subject matter expertise of AML and/or Terrorist Financing investigations, including comprehensive understanding of AML processes, Technology, Case Management and products / services
• Have deep understanding of the Red Flag indicators relating to AML/CFT applicable to LOBs issued by local regulators as well as international best practices, specially non-automated scenarios, including trade-based money laundering.
• Ensure and manage the quality of investigations while managing SLA appropriately and timely
• Assess investigations and/or AML trends, including collaboration or partnership with regional or global stakeholders to effectively escalate, communicate, transfer information or implement change management
• Participate in AML Investigations or Line of Business initiatives, process improvements or enhancements, including the use of technology and support the India MLRO in determination of STRs.
• Gather, coordinate and participate in changes to the firm’s AML policies / processes or AML trends with MLROs based on local regulations, relevant GFCC Functions, Compliance and/or Line of Business. 
• Support the India GFCC team during any regulatory exams, primarily in responding to queries relating to   transaction monitoring programme.
• Support the India MLRO in discharging the AML/KYC responsibilities for all regulated JPM India entities.

 

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 AML investigations, including proficient understanding of India AML/CFT regulations and requirements

 

Preferred qualifications, capabilities, and skills:

• Experience in handling regulatory investigations an advantage

 

Competencies:

• Ability to develop and maintain productive relationships with key internal clients across all levels.
• A solution driven approach, with exemplary problem solving skills; 
• Good analytical ability.
• Ability to own, deep-dive and/or investigate issues and can derive solutions independently, ultimately ensuring successful implementation or resolution
• Experienced with Mantas, technology driven 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
• Ability to work effectively alone and as part of a team, at a local and regional level
• Strong interpersonal or client management skills required to work effectively, influence and/or negotiate desired outcomes with multiple stakeholders and/or senior management
• Good written and verbal communication skills.

Experience Level

Mid Level