CB_Global Finance and Business Management

Job Description

JPMorgan Chase & Co (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co serves millions of consumers in the United States and many of the world s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co is available at jpmorganchase.com.The Global KYC Solutions works closely with the Lines of Business (LOBs) to implement and operate a sustainable and scalable operational process supporting clients along the Know Your Customer (KYC) lifecycle. This includes functions such as data collection, completion of the KYC profile, client screening, targeted local language and English language research, comparing and analyzing client profiles across all lines of business and quality assurance. This team will also produce metrics around the work they perform.The role is responsible for conducting in-depth analysis of Account activity reviews as an additional measure of KYC. This involves conducting reviews of Correspondent Banking accounts and Politically Exposed Persons (PEP). This requires extensive knowledge on Sanctions, Nostro-Vostro accounts, Wire transfers and Nested accounts.If youre interested in working in an environment where leadership, excellence, integrity, and diversity are among our core principles, then explore the opportunities at J.P. Morgan Chase.Job DescriptionAAR team performs research and generates a firm-wide transaction activity report detailing wire activity inclusive of the customers top transactors, main counterparties by value/volume. The report also includes jurisdiction in which the customer is transacting in, and whether the customer is an entity owned or controlled by a PEP. The report covers foreign and domestic correspondent banking customers and Politically Exposed Persons (PEPs).Responsibilities Collection and verification of confidential client data via publically available and internal sourcesVerify and confirm Account data findings by reviewing of Top Transactor / CounterpartyProviding Disposition rationale followed by PEP transaction screeningDelivers final AAR report to LOBsDeep-dive into the correspondent bank client s Top Transactors and their Counterparties to identify any unusual high-risk patterns of activityMeet firm wide quality standardsExhibit the highest standards of customer service to our internal and external customers (inclusive of confidentiality)Communicating/escalating issues to management when applicableHandling and maintenance of confidential client documentationComment on trends/behavior relating to account due diligence and activity reviewAbility to comprehend the KYC risk factors and draft the overall risk summary for the clientAble to train others and answer complex questions with reference to JPM policies, procedures and requirementsQualificationsBachelor s Degree and/or Graduate DegreeKnowledge of KYC is essential with at least 5-10 years experience (Audit, Control, Risk, AML, and Research may also be areas of experience)Must be able to work and contribute effectively in stressful situationStrong research, analytical and comprehension skills, with ability to analyze large amounts of dataClient focused with strong customer service skills (e.g. oral and written communication skills)Ability to multi-task and meet deadlines against a high volume work scheduleExperience adhering to controls and compliance standardsAble to grasp/learn concepts and procedures quicklyPossess strong computer skills: Microsoft Office Suite including Excel, Word and PowerPointMust be detailed oriented and analytical Additional foreign language processing capability is added advantageAbility to work both independently and as a team in a fast paced production environmentFlexibility of operating hours to include overtime, holidays, and weekend testingA strong sense of ownership and responsibilityDrives results through leadership, people, communication and influenceComfortable with change, ambiguity, debate, conflict and informed risk taking,

Keyskills :
due diligencemicrosoft officeinvestment bankingdata collectionclient profilescustomer servicefinancial serviceswire transfers