Bring your expertise to JPMorgan Chase. As 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.
As a Compliance Risk Management Director supporting the Compliance Conduct and Operational Risk organization, you will manage Bank Secrecy Act/Anti-Money Laundering (BSA/AML) issues for the Commercial and Investment Bank (CIB) and report directly to the Global Financial Crimes Compliance (GFCC) Sector Head. You will focus on addressing AML compliance issues related to correspondent banking customers and flows, and challenging the business to mitigate such risks. You will be responsible for fostering strong relationships with the business and supporting executive leadership directly while providing input on matters relating to financial crime and occasionally operational risks. You are required to be a detail-oriented individual who can understand complex transactional flows and explain complicated situations in a consumable way to senior management and regulators. You must be experienced in understanding treasury payment flows, including the regulatory nature of the payments, and be up to date on industry trends and regulatory expectations. You will work through some of the complexity with peers by challenging assumptions and digging deeper. You will help lead a team of professionals to create global alignment on processes and risk frameworks. It will be important to foster an inclusive workforce and help develop your team to work collaboratively across the firm.
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Job Responsibilities
- Lead a team of global compliance officers that work with business and support functions for day-to-day AML compliance issues covering domestic and foreign correspondent banking, casinos and online gambling customers, and trade finance products
- Lead and 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
- Build relationships, providing counsel and advice to executive level and senior leadership in CIB, ensuring their businesses have adopted and implemented consistent GFCC guidance
- Help develop, review and provide feedback on Financial Crime and Operational Risk Assessments, higher risk client types, KYC and Customer Escalation Standards
- Input into New Business Initiatives, Change Management, potential M & A and strategic investments and assessing the Financial Crime risk impact on proposed new products and services
- Stay abreast of industry trends and emerging risks and anticipate areas of focus and attention of regulators, keeping the business and Compliance colleagues informed•
- Set a positive culture of professional development, collaboration and efficiencies
- Maintain and continue to build an inclusive and diverse workforce which welcomes new ideas and innovation
- Provide oversight and credible challenge at Senior Level Committees and Forums across CIB and GFCC
- 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
Required qualifications, capabilities, and skills
- 10+ years of work-related experience working in senior level roles within Risk Management and Compliance at a Global Financial Institution with strong knowledge of products, services and client types across wholesale banking
- Solid understanding of global payment flows and the correspondent banking business
- Expert level knowledge and implementation of programs around GFCC Anti Money Laundering/Know Your Customer processes, assessment, The Office of Foreign Assets Control (OFAC)/Sanctions and client Anti-Corruption Compliance
- Ability and experience leading teams at scale across the globe
- High proficiency & demonstrated experience in presenting and advising senior leadership and regulators
- Proven ability to establish a strategic vision and drive strong outcomes and results
- Excellent analytical and problem-solving skills, inquisitive nature and comfort challenging current practices
- BA/BS degree required
- Expertise and experience in being able to update various regulators and ensure active coverage and participation in regulatory exams
Preferred qualifications, capabilities and skills
- Strong ability to communicate clear vision and direction
- Ability to lead & delegate at scale within a complex global organization
- Excellent communication and presentation skills, and the ability to interface with, and influence key internal and external stakeholders and foster collaboration
- Ability to assess controls and processes to leverage further opportunities for automation / technological advancement
ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.