KYC Associate Wealth Management

Testing Site - JPMC; Województwo mazowieckie; On-site; PLN 70,000 - 110,000; Full time

Job summary

Testing Site - JPMC in Poland is seeking a meticulous KYC Associate to help ensure compliance with KYC and AML policies across our global team. You will support client-facing colleagues by verifying data quality and preparing records for final review, while staying current with regulatory changes.

You will analyze information from diverse sources, apply investigative techniques, and collaborate with internal teams to resolve complex cases, mentoring junior analysts and contributing to process

Qualifications

• Bachelor’s or Master’s Degree required.
• Knowledge of KYC essential with at least 3 years’ experience.
• Strong understanding of AML typologies, geography, products and activity.
• Excellent research and analytical skills with ability to handle large data sets.

Responsibilities

• Demonstrates strong independent responsibility and extensive knowledge in working with international Anti Money Laundering compliance-related issues
• Identifies and assesses relevancy of public records related to customer information
• Possesses an in-depth understanding of KYC typologies for individuals and multinational corporations
• Conducts thorough investigations to determine data correlations and activity with potential economic purposes
• Collaborates with internal departments to address escalated KYC cases and provide solutions for regulatory issues
• Presents KYC knowledge to mentor and train junior analysts ensuring consistency across the team
• Supports implementation of KYC tools and systems, providing feedback to enhance functionality
• Develops and refines internal KYC policies to stay current with changes and best practices
• Independently produces complete reports of investigations, findings, decisions and recommendations
• Identifies opportunities to refine processes and increase operational efficiency

Skills

Analytical thinking

Investigative techniques

Attention to detail

Communication skills

Cross-functional collaboration

Education

Bachelor’s or Master’s Degree

Job description

As a KYC Associate within our global team, you will have the opportunity to develop your analytical skills and expand knowledge in KYC from colleagues and stakeholders worldwide. You will be responsible for ensuring all KYC and AML policies are adhered to, assisting client-facing teams to ensure all client-level due diligence. You will also review the collection and verification of data to ensure all KYC records are accurate and complete prior to a final review by the client-facing team. This role will require you to stay current with all regulatory changes and requirements around client KYC, Suitability, and Documentation.

Job responsibilities

• Demonstrates strong independent responsibility and extensive knowledge in working with international Anti Money Laundering compliance-related issues
• Identifies and assesses relevancy of public records, as it relates to customer information
• Possesses an in-depth understanding of KYC typologies inherent in individual clients and large multinational corporations
• Conducts a thorough investigation to determine any correlations or anomalies in the data based on reasonable expectations and prior experience and ascertains if activity between originators and beneficiaries have valid economic purpose based on their investigation andfindings
• Collaborates with internal departments to address escalated KYC cases and provide solutions for complex regulatory issues
• Presents strong KYC knowledge, which allows to mentor and guide junior KYC analysts providing trainings and helping to ensure a consistent and through approach to KYC across the Team
• Supports the implementation of KYC tolls and systems, providing feedback to enhance functionality and efficiency
• Develop and refine internal KYC policies and procedures to stay current with regulatory changes and industry best practices.
• Independently produces complete and accurate reports of their investigations, findings, decisions and recommendations for use by line of business and KYC Officers
• Proactively identifies opportunities to refine a process and increase operational efficiencies

Required qualifications, capabilities, and skills

• Educated to Bachelor’s or Master’s Degree level
• Knowledge of KYC is essential with at least 3 years’ experience (Audit, Control, Risk, AML and Research may also be areas of experience)
• Knowledge of BSA/AML, and other AML regulatory policies, with a strong understanding of AML typologies, geography, products, customer type and expected type of activity in order to effectively identify risk and unusual activity
• Proficiency in investigative techniques and pattern recognition and previous success in complex analysis and investigation with unstructured data populations
• Understanding of the banking industry
• Exceptional research and analytical skills with the ability to analyse large amounts of data; decipher higher risk attributes (transactional, geographical, product, customer type, etc) and to identify trends and potential high-risk activity, and to document conclusions appropriately
• Strong problem-solving skills with attention to details and the ability to manage multiple priorities under tight deadlines
• Excellent communication and interpersonal skills, capable of working with cross functional teams and senior stakeholders.

Preferred qualifications, capabilities, and skills

• Previous exposure to project management & process improvement techniques
• European languages – Spanish, French, German, Italian – highly desirable