Industry Risk Manager

Testing Site - JPMC; Chicago (IL); On-site; USD 110,000 - 140,000; Full time

Job summary

Testing Site - JPMC is seeking an Industry Risk Manager to support bankers and KYC Officers with subject matter expertise on AML risks in high-risk industries such as TPPP, MSBs, FinTechs, Casino/Gaming, and VASPs. You will help develop and enhance control programs to mitigate risk and ensure compliance.

You will manage AML/KYC activities, lead due diligence discussions, and collaborate with teams to ensure timely, high-quality deliverables and risk controls, with travel less than 25% as needed.

Qualifications

• Experience in AML/KYC and risk management.
• Strong analytical and communication skills.
• Understanding of regulatory requirements (BSA/AML).
• Ability to lead due diligence discussions with stakeholders.

Responsibilities

• Manage client and partner expectations in a consultative way.
• Exhibit ownership of KYC/AML experience and client experience.
• Conduct Specialized Due Diligence and lead AML due diligence discussions for high-risk industries.
• Ensure KYC/AML deliverables are met and hold partners accountable.
• Manage all AML/KYC and escalation activities to meet quality and deadlines.
• Identify and own risk controls; provide risk assessment viewpoints.
• Coordinate renewal cycles with Relationship Management and KYC Officers.
• Maintain timely portfolio management while upholding quality.

Skills

AML/KYC

Risk Management

Communication

Analytical Thinking

Attention to Detail

Project Coordination

Education

Bachelor’s Degree or equivalent

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Pitch Pro

Job description

Job Summary:

Join the team of motivated, detail-oriented professionals eager to make an impact. You will be involved in the comprehensive specialized due diligence of prospective clients across Commercial & Investment Banking contributing to our mission of maintaining the highest standards of compliance and risk management.

As an Industry Risk Manager within the Compliance and Risk Management team, you will support Bankers and KYC Officers by providing subject matter expertise regarding AML risks presented by specific High-Risk Industries (TPPPs, MSBs, FinTechs, Casino/Gaming, and VASPs). You will identify opportunities to partner with colleagues to develop new control capabilities or enhance existing control programs to mitigate risk.

Job Responsibilities:

• Manage client and partner expectations and understanding in a consultative way
• Exhibit ownership of KYC/AML experience and client experience
• Conduct Specialized Due Diligence and lead AML due diligence discussions for specific high-risk industries
• Ensure KYC/AML deliverables are met and hold partners accountable
• Manage all AML/KYC and escalation activities to meet qualitative and timeliness requirements
• Identify elevate and own risk controls
• Provide consultative views of risk assessment based on high-risk industry expertise
• Manage renewal cycle of LCEs in partnership with Relationship Management, and other KYC Officers
• Remain accountable for timely portfolio management while maintaining quality expectations

Required qualifications, capabilities, and skills:

• Ability to soundly execute quantitative and qualitative analysis and draw salient conclusions
• Excellent verbal and written communication skills
• Ability to present information in a concise and effective manner
• Strong interactive personal skills and ability to influence others for positive results
• Strong organizational skills both personally and across working team to meet deadlines in a fast-paced environment
• Experienced in providing innovative and proactive solutions
• Excellent attention to detail
• Proficient in Microsoft Word, Excel, Power Point Pitch Pro
• Deep understanding of high-risk industries specific to AML client and product risk
• Ability to navigate complex client relationships and product usage
• Some travel required (less than 25%) to support various client coverage teams

Preferred qualifications, capabilities, and skills:

• Bachelor’s Degree or equivalent
• Relevant experience in AML/KYC, Risk Management, Security, and/or Law enforcement specific to fraud and illicit money movement
• Strong understanding of AML and BSA regulatory requirements
• Certified Anti-Money Laundering Specialist (CAMS) certification a plus
• Strong client focus and ability to partner with various internal groups and client coverage
• Independent, self-motivated with an ability to adapt and be flexible in a team environment