Risk Management - Global Sanctions Compliance - Senior Associate at JPMC Candidate Experience page

Washington, District of Columbia, United States -

Full Time

Start Date

Immediate

Expiry Date

27 May, 26

Salary

135000.0

Posted On

26 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Compliance, Sanctions Compliance, OFAC Regulations, Financial Crimes Compliance, Policy Interpretation, Audit Best Practices, Regulatory Knowledge, Problem Solving, Critical Thinking, Organizational Skills, Analytical Skills, Negotiation, Written Communication, Verbal Communication

Industry

Financial Services

Description

Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Senior Associate in the Global Financial Crimes Compliance ("GFCC") Global Sanctions Compliance Strategy Team, you will provide meaningful guidance to all lines of business ("LOB") globally as it relates to U.S. sanctions regulations and internal JPMorgan Chase GFCC policies and standards, as well as promote industry best practices and maintain oversight of the business execution. You will provide support to the bank in complying with the U.S. sanctions regulations administered by Office of Foreign Asset Control ("OFAC"). Additionally, this role will focus on adhering to the compliance requirements under the Firm’s Sanctions Standards and will include supporting other projects/initiatives related to sanctions, including the Firm's digital assets initiatives, to help drive change and a strong compliance culture within the LOBs. You will utilize your knowledge and experience in OFAC sanctions regulations, as well as familiarity with compliance and/or audit best practices. Job Responsibilities Provide guidance and support to the Line of Business Sanctions Officers (LSOs), Regional Sanctions Officers (RSOs), and Operations partners on U.S. sanctions compliance and the JPMC Sanctions Standards (implementation and interpretation) Drafting, reviewing, and managing the firm's license applications to OFAC alongside Global Financial Crimes (GFC) Legal Escalating sanctions-related issues to the LSOs and RSOs for further review and action; Support general Compliance activities and other responsibilities, including special projects, implementation and maintenance of procedures, training, and ad-hoc reporting, as assigned Demonstrate current knowledge and industry trends and sanctions changes in order to anticipate areas of focus and attention of regulators, keeping business management and Compliance colleagues informed Required Qualifications, Capabilities, and Skills Bachelor's degree or equivalent experience required 5+ years relevant experience working with or in Compliance, Risk Management or Audit Knowledge of OFAC regulatory requirements Banking experience inclusive of knowledge on banking processes, products, and controls Ability to work independently on multiple assignments and meet deadlines in a fast paced environment Advanced problem solving and critical thinking skills Demonstrate strong organizational, analytical, negotiation, written and verbal communication skills with the ability to present complex information to senior management Preferred Qualifications, Capabilities, and Skills Proven experience and extensive familiarity working in a complex multi-national organization JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 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. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success. Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm’s needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.

Responsibilities

This role involves providing guidance and support to Line of Business Sanctions Officers and Regional Sanctions Officers regarding U.S. sanctions compliance and internal standards, including drafting and managing license applications to the Office of Foreign Asset Control (OFAC). The associate will also support general compliance activities, special projects, and initiatives related to sanctions, such as digital assets, to foster a strong compliance culture.