Global Financial Crimes Compliance – Market Abuse Investigations – VP

JP Morgan

Location: Greater London

Job Type: Full time

Last updated

The most difficult thing is the decision to act, the rest is merely tenacity.
- Amelia Earhart

Corporate – Compliance – Global Financial Crimes Compliance – Market Abuse Investigations – VP ( London )

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.

Our Compliance Function

With a diverse team of Compliance professionals supporting all areas of our business around the globe, the team is working diligently to be innovative and present all business partners with thoughtful and unique solutions to the challenges they face. The Compliance function has a robust set of priorities in place focused on best practice and employee development to ensure goals are delivered.

The Team

The Global Financial Crimes Compliance (“GFCC”) EMEA STOR Investigations Team ( “ESIT” ) is responsible for identification and reporting of suspicious transactions. The team investigates Market abuse cases for Europe, Middle East & Africa (“EMEA”) booked business to support decision making in regard of filing Suspicious Transaction Order Reports ( “STOR” ) to Regulatory bodies.

The Role

Forming part of the regional AML Investigations group, this London based role will join a dedicated Markets Investigations Team, primarily focused on EUR activity across our EU legal entities. The team works in partnership with colleagues in UK, Markets Surveillance, Line of Business Compliance, in-country Money Laundering Reporting Officers (MLRO’s) and GFCC teams to manage the risk and investigation lifecycle, of complex Market abuse cases ensuring we meet internal and external requirements. The role is predominantly investigations based across all asset classes, including conducting research; data acquisition; compiling supporting evidence and documentation; providing STOR filing recommendations to Senior Management; and supporting the accurate identification and timely reporting of suspicious activity to relevant regulators.

Duties & Responsibilities

  • Conduct investigations from a multitude of sources including Systemic Monitoring, Manual Referrals, Law Enforcement and or our internal Financial Intelligence Unit
  • Undertake Market activity and client / company research using in-house databases and publicly available information to identify whether activity is unusual, and ultimately support the decision-making process regarding reporting to Regulators.
  • Escalate unusual activity and present cases to EMEA LOBC and Management.
  • Draft STOR’s and submission to Regulator.
  • Provide feedback and escalate issues identified from STOR investigations into client’s activity.
  • Actively develop knowledge of Market Abuse methods and typologies, applying these characteristics through interrogation of transaction data to identify unusual activity.
  • Participate in proactive investigative projects in support of national, regional or global priorities and initiatives, including engagement with external partners.
  • Develop subject matter expertise through knowledge, research and training, leading to new investigative approaches to uncover unusual activity.
  • Share knowledge and experience through briefings, presentations and written products
  • Production of data, MI and analysis to explain the findings from investigations
  • Efficiently respond to regulatory enquiries from the FCA and other overseas regulators
  • Prioritize multiple tasks and escalate issues when appropriate

Education and Experience

  • Strong financial markets knowledge, especially equities and fixed income
  • Good understanding of the Market Abuse Regulation and typologies associated with insider dealing and market manipulation
  • Familiarity with types of market participant and mainstream trading and asset allocation strategies
  • Ability to keep up to date with developments in global financial markets
  • Investigative skills and analytical mind-set, including problem solving ability and the ability to work independently with an excellent attention to detail.
  • Demonstrated skills in risk assessment, the ability to make sound decisions, including escalation when appropriate, regarding STOR and AML risk
  • Ability to prioritize multiple tasks and bring tasks to completion within established timeframes

The candidate must possess:

  • Initiative and judgement
  • The ability to prioritise conflicting demands, organise one's agenda and work under pressure
  • The relationship management skills to deal with management and build partnerships with other departments
  • The ability to work in teams and the readiness to share knowledge
  • Good oral and written communication skills
  • The ability to handle large volumes of quantitative data.
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