Global Financial Crime Compliance, Coverage Strategy, Associate, Singapore

JPMorganChase; Singapore; On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Coverage Strategy Associate to join their APAC Compliance team. This role offers a unique opportunity to engage with senior stakeholders while developing AML Transaction Monitoring strategies across various business lines. You will play a vital part in identifying and mitigating AML risks, ensuring compliance with regulatory requirements, and supporting business expansion in the APAC region. The position promises a dynamic work environment where your analytical skills and problem-solving abilities will be highly valued. If you're passionate about compliance and eager to contribute to a culture of integrity, this role is perfect for you.

Qualifications

• 3+ years of AML-related experience in banking or regulatory agency.
• Exceptional analytical skills to assess large data sets.

Responsibilities

• Design and implement AML Transaction Monitoring strategies.
• Analyze metrics for yield optimization and provide feedback.

Skills

AML Transaction Monitoring

Research and Analytical Skills

SQL

Data Analytics Tools (Qlik Sense, Tableau, Alteryx)

Python

Communication Skills

Problem-Solving Ability

Fluency in Mandarin

Education

Bachelor’s Degree in Finance

Bachelor’s Degree in Computer Science

Bachelor’s Degree in Engineering

Tools

Qlik Sense

Tableau

Alteryx

Python

Job description

JOB DESCRIPTION

At JPMorgan Chase, we offer you the opportunity to be part of a team that is at the forefront of managing risk in a complex and changing regulatory environment. As a Coverage Strategy Associate, you will play a crucial role in safeguarding the firm’s business by developing solutions that balance risk and regulatory requirements with business needs.

As a Global Financial Crime Compliance, Coverage Strategy, Associate in the APAC Compliance, Conduct and Operational Risk (CCOR) team, you will interact with senior stakeholders and gain insight into the management of compliance conduct and operational risk in a complex global financial institution. You will help shape an ethical and conduct-focused culture, contributing to the development and success of your career through constant learning opportunities.

Job Responsibilities:

• Design and implement AML Transaction Monitoring strategies across APAC regions.
• Identify opportunities to improve monitoring effectiveness for various business lines.
• Organize deliverables and draft documentation for senior management discussions, exams, and audits.
• Support the introduction of new products and expansion of business in China APAC.
• Ensure AML risks are identified, documented, and mitigated through monitoring strategies.
• Develop knowledge of AML risks and regulations in APAC jurisdictions.
• Analyze metrics for yield optimization and provide feedback on technical solutions.
• Influence key stakeholders and drive end-state solutions.
• Develop working knowledge of transaction processing systems and product offerings.
• Analyze data to determine appropriate threshold levels with analytics support.
• Support projects tied to regulatory commitments.

Required Qualifications, Capabilities, and Skills:

• Bachelor’s Degree in Finance, Computer Science, Engineering, or related disciplines.
• Minimum 3 years of experience in a bank, regulatory agency, or law firm, with specific AML-related experience.
• Exceptional research and analytical skills to analyze large data sets and identify high-risk attributes.
• Experience with SQL, data analytics tools such as Qlik Sense, Tableau, Alteryx, and/or Python.
• Superb written and oral communication skills to present findings clearly to all management levels.
• Strong problem-solving ability and capable of working under minimum supervision.
• Adept at multi-tasking and meeting deadlines in high-pressure environments.
• Fluency in Mandarin preferred to support business expansion in China and interpret AML laws.

Preferred Qualifications, Capabilities, and Skills:

• Experience in developing monitoring strategies for Investment Bank, Private Bank, and Treasury Services products.
• Ability to draft and present documentation for senior management discussions, exams, and audits.
• Experience in supporting firm-wide governance programs and coordinating change management activities.
• Familiarity with China AML law and regulatory environment.

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.

ABOUT THE TEAM

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.