Incident & Client Advisory - Financial Crime Compliance & KYC Specialist (Associate)

JP Morgan

Location: Midlothian

Job Type: Full time


Incident & Client Advisory (ICA) is part of the Assets & Wealth Management Operations Team supporting all aspects of client Onboarding to include the fulfilment of Anti Money Laundering (AML) and Know Your Client (KYC) requirements for the Wealth Management division of J.P Morgan Chase & Co, Asset & Wealth Management business segment. As part of this team, you will ensure all prospects are on-boarded in accordance with the strategy of the Asset & Wealth Management business segment and that financial crime risks and reputational risks of prospects and existing clients are assessed appropriately.

Job Responsibilities

  • Provide guidance to Bankers on reputational and financial crime risk concerns. Work with Bankers to develop submissions to the Reputational Risk Committee and AML Forum/Committee for such escalations
  • Work with Bankers to develop submissions to the Client Review Forum, addressing risk tolerance and client fit, in accordance with the business segment’s strategy
  • Work with Global Financial Crime Compliance and Risk functions on client issues which pose financial crime and reputational risk to the bank
  • Review overnight screening alerts and determine the appropriate disposition
  • Work with ICA global counterparts to coordinate issues, findings and practices
  • Conduct periodic training & awareness sessions to new hires and various refreshers to staff
  • Coordinate with compliance and control function where it relates to regulatory audits / requests / initiatives

Required qualifications, capabilities, and skills

  • Bachelor’s Degree in Business Administration, Finance, Accounting or equivalent
  • Some experience in banking risk management, audit or compliance, with focus on KYC/AML
  • Broad knowledge of rules and regulations for various EMEA jurisdictions, with focus on KYC/AML
  • Some understanding of wealth management business
  • Ability to identify and focus on issues at a holistic level and yet be detailed oriented and independence in thinking when analyzing
  • Ability to handle escalations and drive to resolutions in timely manner
  • Excellent communication and presentations skills across various stakeholders and senior management
You’ve got this!