JOB DESCRIPTION

Are you ready to be part of a dynamic team at the forefront of financial security and compliance? At JP, Morgan Asset Management we are committed to maintaining the highest standards of integrity and regulatory compliance. Join us as an AML Team Associate and play a crucial role in safeguarding our clients and our business.
As an AML Team Associate within the J.P. Morgan Asset Management organization, you will be a vital member of our first line of defense, responsible for the onboarding and due diligence of clients and intermediaries in our Luxembourg-domiciled funds. You will ensure compliance with corporate standards and regulatory requirements, working closely with Client Service teams across various jurisdictions.

REQUIRED QUALIFICATIONS, CAPABILITIES, AND SKILLS:

• Client Service: Anticipate and meet client needs, develop effective relationships, and provide excellent service.
• Risk Aversion: Demonstrate attention to detail and mitigate risks.
• Adaptability: Handle work challenges confidently, adjust to shifting priorities, and show resilience.
• High Aptitude: Quickly understand technical and procedural information to solve problems.
• Effective Communication: Convey understanding of others’ comments and concerns, and listen well.
• Problem Solving: Gather information systematically, consider a broad range of issues, and involve others in problem-solving.
• Teamwork: Build effective relationships and foster collaboration among team members.
• Delivering Results: Plan and organize work to achieve objectives, overcome obstacles, and exceed customer expectations.
• Continuous Improvement: Embrace change management and drive process improvements.
• Communication Skills: Strong written and presentational skills to articulate complex messages to various audiences.

PREFERRED QUALIFICATIONS, CAPABILITIES, AND SKILLS:

• Education: Bachelor’s degree or equivalent experience.
• Industry Knowledge: Understanding of Asset Management and compliance principles in the financial sector.
• Technical Proficiency: Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio).
• Experience: Previous experience in AML KYC or Compliance and an AML qualification is desirable.

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.

• Perform analysis on client and intermediary documentation, prepare risk profiles, and ensure compliance with AML and tax (FATCA/CRS) requirements.
• Conduct due diligence based on received information/documents, update client KYC records, perform client and related parties screening, resolve screening alerts, and escalate exceptions as necessary.
• Instruct Transfer Agents to open client accounts upon completion of due diligence.
• Review existing investor/intermediary documentation on a periodic basis, identify and mitigate gaps through independent research or client outreach.
• Respond to queries from stakeholders and participate in investor/client calls.
• Provide management information (MI) to internal and external stakeholders.
• Research and analyze AML and regulatory topics to assist in devising departmental strategies.
• Implement and enhance procedures as required by regulation or policy, and support the delivery of the department roadmap.
• Strive to improve processes and flows to enhance accuracy, reduce redundancy, and mitigate risk.