Compliance Risk Management Lead - Vice President

J.P. Morgan; Jersey City (NJ); On-site; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Compliance Risk Management Lead to enhance their Anti-Money Laundering and Sanctions Programs. This pivotal role involves developing standards and policies while overseeing compliance across the firm. You will leverage your extensive experience to tackle emerging risks and ensure robust compliance frameworks. Join a dynamic team that fosters innovative thinking and collaboration, and play a crucial role in guiding the organization through complex regulatory landscapes. This is an exciting opportunity to make a significant impact in a forward-thinking environment.

Qualifications

• 6+ years of experience in Risk Management and Compliance within a Global Financial Institution.
• Strong knowledge of Global Markets or Securities Services products.

Responsibilities

• Support business functions with AML compliance issues covering securities and services.
• Provide advice on new business initiatives and assess Financial Crime risk impact.

Skills

Risk Management

Compliance

Anti-Money Laundering (AML)

Know Your Customer (KYC)

Analytical Skills

Communication Skills

Problem-Solving Skills

Education

BA/BS degree

Job description

As a key member of the Risk Management and Compliance team, you'll be instrumental in maintaining the strength and resilience of JPMorgan Chase. Your expertise will guide the firm in responsibly expanding its business by identifying and addressing new and emerging risks. Our Risk Management and Compliance culture encourages innovative thinking, challenges conventional approaches, and aims to achieve excellence.

As a Compliance Risk Management Lead within the Global Financial Crimes Compliance (GFCC) organization, you will develop requirements and standards for the Firm's Enterprise-Wide Anti-Money Laundering (AML) and Sanctions Programs. Your responsibilities will include oversight and coordination of AML and sanctions coverage across the firm, creating policies, procedures, and standards to comply with regulatory guidance, including heightened expectations, and executing GFCC activities.

Job Responsibilities

1. Support business functions with day-to-day AML compliance issues covering securities and securities services (TA/Fund Admin), including futures and options, capital management, and other securities products.
2. Support the sales team through the interpretation and implementation of the GFCC Anti-Money Laundering/Know Your Customer processes, assessment of the control environment, OFAC/Sanctions, and client Anti-Corruption Compliance.
3. Help develop, review, and provide feedback on Financial Crime and Operational Risk Assessments, higher risk client types, KYC, and Customer Escalation Standards.
4. Provide advice and guidance into new business initiatives, change management, deals (mergers and acquisitions), and strategic investments by assessing the Financial Crime risk impact on proposed new products and services.
5. Help identify and assess AML risks, including client types, geographical locations, and transaction types.
6. Suggest improvements to the AML control process to enhance strength while maintaining efficiency.
7. Implement controls to respond to AML findings that mitigate AML risk.
8. Review existing AML policies to ensure effectiveness and relevance to current or emerging risks.
9. Stay informed of industry trends and emerging risks, and anticipate regulatory focus areas, keeping the business and Compliance colleagues updated.
10. Promote a positive culture of professional development, collaboration, and efficiency.
11. Build relationships with stakeholders and provide oversight and credible challenge to senior committees and forums across CIB and GFCC.

Required qualifications, capabilities, and skills

• 6+ years of experience in Risk Management and Compliance within a Global Financial Institution, with strong knowledge of Global Markets or Securities Services products, services, and client types.
• Expertise in GFCC Anti Money Laundering/Know Your Customer programs, assessment, OFAC/Sanctions, and client Anti-Corruption Compliance.
• High proficiency in presenting and advising senior leadership and regulators.
• Proven ability to establish strategic vision and achieve strong outcomes.
• Excellent analytical, problem-solving skills, and an inquisitive nature capable of challenging current practices.
• BA/BS degree required.
• Strong communication skills to convey clear vision and direction, with ability to lead in a complex global environment.
• Ability to assess controls and processes for automation and technological advancement opportunities.