AML Transaction Monitoring Coverage Strategist - Vice President

at  JPMorganChase

JOB DESCRIPTION

This role is for an AML Transaction Monitoring Coverage Strategist within the Global Financial Crimes Compliance (GFCC) team, where you’ll design, develop, and maintain an effective AML transaction monitoring program. You’ll collaborate with various teams and directly with Lines of Business to develop strategies for mitigating money laundering risks, while also supporting the Chief Data Office and a firm-wide governance program. As a key player in Risk Management and Compliance at JPMorgan Chase, you’ll be instrumental in maintaining our strength and resilience. You’ll anticipate emerging risks and use your expertise to tackle challenges affecting our company, customers, and communities.
As an AML Transaction Monitoring Coverage Strategist within the Coverage Strategy team, you will ensure the AML risks for the firm’s products and banking clients have monitoring coverage that is applicable to services offered. You will document the rationale for monitoring and support ongoing processes such as typology and scenario reviews, threshold calibration and segmentation. It will be key for you to be in close contact with LOB and Compliance stakeholders to ensure a clear understanding of the monitoring strategies required by local regulations and for risk mitigation. You will help the Coverage Strategy team organize deliverables, present and draft documentation for senior management discussions, exams and audits. Additionally, you will contribute to monitoring initiatives across other LOBs and regions.

Job Responsibilities:

• Understand the Firm’s high-level products, services and customers and how they transact
• Understand money laundering and terrorist financing behaviours and techniques
• Identify and develop solutions to capitalize upon monitoring opportunities
• Work with Compliance Technology to identify requirements that support the implementation of monitoring strategies
• Analyse data and determine appropriate monitoring solutions, with support from Compliance Technology & Analytics teams
• Communicate deliverables and requirements in a clear and concise manner
• Prepare metrics, charts and presentations when needed to explain the AML Transaction Monitoring Program
• Support project plans and deliverables often tied to regulatory commitments
• Supporting AML Transaction Monitoring Program governance and control framework

REQUIRED QUALIFICATIONS, CAPABILITIES AND SKILLS:

• Bachelor’s degree or equivalent experience required
• Experience operating under a regulatory environment in a large financial institution/matrix management organization
• Strong research and analytical/statistics skills to analyse data
• Expertise in Microsoft Excel and/or more advanced data/statistical applications and proficient in MS Office
• Proactive individual, skilled at working independently and effectively leading with minimal oversight
• Results oriented team player adept at multi-tasking and meeting deadlines in high-pressure environment
• Strong interpersonal and verbal/written communication skills with strong problem solving ability

PREFERRED QUALIFICATIONS, CAPABILITIES AND SKILLS:

• Relevant prior AML/KYC or similar experience
• Knowledge of firm’s products, services and banking clients

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.

• Understand the Firm’s high-level products, services and customers and how they transact
• Understand money laundering and terrorist financing behaviours and techniques
• Identify and develop solutions to capitalize upon monitoring opportunities
• Work with Compliance Technology to identify requirements that support the implementation of monitoring strategies
• Analyse data and determine appropriate monitoring solutions, with support from Compliance Technology & Analytics teams
• Communicate deliverables and requirements in a clear and concise manner
• Prepare metrics, charts and presentations when needed to explain the AML Transaction Monitoring Program
• Support project plans and deliverables often tied to regulatory commitments
• Supporting AML Transaction Monitoring Program governance and control framewor