Compliance - OFAC Sanctions Officer - Associate - JPMorgan Chase
Newark, DE
About the Job
Job Summary
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 - OFAC Sanctions Officer - Associate in 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.
The Global Financial Crimes Compliance (GFCC) organization has over 700 staff members across the world. The team covers both global and business-aligned functions supporting the firm's Anti-money laundering, Sanctions, and Anti-corruption programs and is led by the BSA/AML Officer and the AML Operations Executive. This position reports to the Global Financial Crimes Compliance - Sanctions Lead and is an integral part of GFCC responsibilities to protect the organization and to fulfill the Bank's regulatory requirements.
The job responsibilities of this Sanctions Compliance Officer position involve the completion of processes around regulatory promoten sanction list or internally developed watch list searches of transactions and account holders looking for designated high risk clients and sanctioned transactions.
Job Responsibilities:
+ Work with internal Lines of Business (LOBs) and OFAC and responsible for all functions related to the restriction, blocking and unblocking of accounts/property.
+ Review blocked and rejected transactions from the various Compliance regions, request and obtain applicable indemnities, consult with management and assist in the preparation of the daily, weekly and annual blocked property reports sent to OFAC.
+ Be responsible for the monitoring, reporting, related to OFAC.
+ Be able to determine if there is a true match to a suspect name, review, analysis and decisioning on wire transactions and specific issues escalated to/from internal business units.
+ Validate positive search results and provide detailed research information to support the resolution of a match.
+ Provide written and verbal communication on issues with management, the lines of business and Compliance units, Performing and reviewing highly sensitive client and transaction search information, reporting, escalating and documenting results.
+ Be able to process high volumes and possess analytical ability, initiative, and a solution oriented mindset; Be a leader with attention to detail.
+ Have knowledge of banking process, service operations, products and systems
+ Work effectively in a deadline driven, diverse team/site environment.
+ Perform additional duties and special projects as requested. Occasional travel and overtime may be required; the ability to work flexible hours is required
Required Qualifications, Capabilities, and Skills
+ Must have at least 3 years of banking experience and at least 1 year of Compliance,
+ Have strong written/verbal communication, leadership, proven high volume processing and analytical skills with the ability to work independently on multiple assignments simultaneously in a deadline driven, regulatory environment.
+ Have the ability to maintain high quality in a risk intensive environment.
+ Demonstrate cross-line of business knowledge of banking systems and products.
+ Possess strong computer skills: Microsoft Office Suite including Excel, Word, Outlook and PowerPoint.
+ Be self-reliant with a willingness to own problems and creatively find solutions.
+ Must be results oriented and have strong organizational skills with the ability to manage multiple priorities.
+ Possess excellent project management and presentation skills.
+ Be flexible to work varying daytime hours to accommodate transactional, product, reporting and regional deadlines.
+ Have a Bachelor's degree with an emphasis in Business Administration.
Preferred Qualifications, Capabilities, and Skills
+ Legal or audit experience is highly desirable
+ Customer contact and service operations experience is a plus
+ Experience with Alteryx, or other data tools is a plus
+ AML, OFAC experience highly desirable.
+ Knowledge of SWIFT messaging and payment transactions is preferred.
JPMorgan Chase & Co., 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 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 is an Equal Opportunity Employer, including Disability/Veterans
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 - OFAC Sanctions Officer - Associate in 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.
The Global Financial Crimes Compliance (GFCC) organization has over 700 staff members across the world. The team covers both global and business-aligned functions supporting the firm's Anti-money laundering, Sanctions, and Anti-corruption programs and is led by the BSA/AML Officer and the AML Operations Executive. This position reports to the Global Financial Crimes Compliance - Sanctions Lead and is an integral part of GFCC responsibilities to protect the organization and to fulfill the Bank's regulatory requirements.
The job responsibilities of this Sanctions Compliance Officer position involve the completion of processes around regulatory promoten sanction list or internally developed watch list searches of transactions and account holders looking for designated high risk clients and sanctioned transactions.
Job Responsibilities:
+ Work with internal Lines of Business (LOBs) and OFAC and responsible for all functions related to the restriction, blocking and unblocking of accounts/property.
+ Review blocked and rejected transactions from the various Compliance regions, request and obtain applicable indemnities, consult with management and assist in the preparation of the daily, weekly and annual blocked property reports sent to OFAC.
+ Be responsible for the monitoring, reporting, related to OFAC.
+ Be able to determine if there is a true match to a suspect name, review, analysis and decisioning on wire transactions and specific issues escalated to/from internal business units.
+ Validate positive search results and provide detailed research information to support the resolution of a match.
+ Provide written and verbal communication on issues with management, the lines of business and Compliance units, Performing and reviewing highly sensitive client and transaction search information, reporting, escalating and documenting results.
+ Be able to process high volumes and possess analytical ability, initiative, and a solution oriented mindset; Be a leader with attention to detail.
+ Have knowledge of banking process, service operations, products and systems
+ Work effectively in a deadline driven, diverse team/site environment.
+ Perform additional duties and special projects as requested. Occasional travel and overtime may be required; the ability to work flexible hours is required
Required Qualifications, Capabilities, and Skills
+ Must have at least 3 years of banking experience and at least 1 year of Compliance,
+ Have strong written/verbal communication, leadership, proven high volume processing and analytical skills with the ability to work independently on multiple assignments simultaneously in a deadline driven, regulatory environment.
+ Have the ability to maintain high quality in a risk intensive environment.
+ Demonstrate cross-line of business knowledge of banking systems and products.
+ Possess strong computer skills: Microsoft Office Suite including Excel, Word, Outlook and PowerPoint.
+ Be self-reliant with a willingness to own problems and creatively find solutions.
+ Must be results oriented and have strong organizational skills with the ability to manage multiple priorities.
+ Possess excellent project management and presentation skills.
+ Be flexible to work varying daytime hours to accommodate transactional, product, reporting and regional deadlines.
+ Have a Bachelor's degree with an emphasis in Business Administration.
Preferred Qualifications, Capabilities, and Skills
+ Legal or audit experience is highly desirable
+ Customer contact and service operations experience is a plus
+ Experience with Alteryx, or other data tools is a plus
+ AML, OFAC experience highly desirable.
+ Knowledge of SWIFT messaging and payment transactions is preferred.
JPMorgan Chase & Co., 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 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 is an Equal Opportunity Employer, including Disability/Veterans
Source : JPMorgan Chase