Address
Form of workAs part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
You are a decisive and responsible self-starter who demonstrates knowledge of sanctions and financial crimes risk.
As part of the of the Line of Business Sanctions Officer ("LSO") Global Financial Crimes Compliance ("GFCC") Advisory Team, you will provide meaningful guidance to lines of Business ("LOB") as it relates to internal JPMorgan Chase GFCC policies and standards as well as promote industry best practices and maintain oversight of the business execution. The team aligns with Global Sanctions Compliance ("GSC"), a group within GFCC responsible for the oversight of the Firm's compliance with sanctions requirements.
Your primary objective is providing support to the Commercial & Investment Bank LOB in complying with the U.S. sanctions regulations administered by Office of Foreign Asset Control ("OFAC"). Additionally, this role will focus on adhering to the compliance requirements under the Firm's Sanctions Standards and will include supporting other projects/initiatives related to sanctions to help drive change and a strong compliance culture within the LOBs.
Job Responsibilities
- Acting as a point of contact for LOB Sanctions Compliance issues and escalating U.S. Sanctions issues to GSC and Legal;
- Provide guidance and support to the LOBs and Operations partners on the Sanctions Standards (implementation and interpretation);
- Escalating significant sanctions-related issues for customer relationship and transaction due diligence reviews;
- Research, analyze and provide recommended remediation efforts on Action Plans for clients/products that present sanctions and/or reputational risk;
- Support general Compliance activities and other responsibilities, including special projects, implementation and maintenance of procedures, training, and ad-hoc reporting, as assigned;
- Drive cross-LOB consistency within the sanctions organization and partner with other relevant Corporate GFCC functions;
- Stay abreast of industry trends and sanctions changes in order to anticipate areas of focus and attention of regulators, keeping business management and Compliance colleagues informed
Required Qualifications, Capabilities, and Skills:
- Minimum of 5 years relevant experience working with or in Compliance, Risk Management or Audit;
- Bachelor's degree or equivalent experience required;
- Knowledge of OFAC regulatory requirements;
- Banking experience inclusive of knowledge on banking processes, products, and controls;
- Ability to work independently on multiple assignments and meet deadlines in a fast paced environment;
- Advanced problem solving and critical thinking skills;
- Demonstrate strong organizational, analytical, negotiation, written and verbal communication skills with the ability to present complex information to senior management
Preferred Qualifications, Capabilities, and Skills
- Proven experience and extensive familiarity working in a complex multi-national organization
