Description

Join Global Financial Crimes Compliance and you will be surrounded by smart, driven people like yourself, who in line with the highest standards of integrity, combine innovation and analysis to achieve industry leading results and recognition in accordance with the business principles fundamental to our success.

As an Associate within APAC Sanctions Compliance team, you will be part of our Global Compliance organization and is responsible for developing and implementing the requirements and standards for the Firm's Enterprise-Wide Anti-Money Laundering and Sanctions programs. You will be responsible for providing hands on support with respect to the team's day-to-day sanctions-related responsibilities, including but not limited: strategy, escalations, investigations, list maintenance, metrics, special projects, strategic initiatives, as well as control and oversight responsibilities.

Job Responsibilities

• Provide Compliance support and guidance to LOBs to ensure U.S. and non-U.S. Sanctions standards and policies are effectively implemented in APAC.
• Review clients and related parties sanctions escalations at client onboarding and KYC renewal.
• On an ad-hoc basis, perform holistic sanctions reviews / risk assessments of client groups or specific sanctions themes.
• Review materials prepared by LOBs for clients sanctions escalation to AML governance committees.
• Review sanctions nexus and the relevant mitigating factors in trade finance and investment bank deals, including but not limited to, IPO, M&A ECM, DCM.
• Review trade finance transaction escalations concerning sanctions and export controls.
• Assist in implementing OFAC/Sanctions initiatives including policy reviews and support on establishing relevant procedures within the businesses.
• Liaise regularly with relevant stakeholders in the Global Sanctions and other regional sanctions teams, Money Laundering Reporting Officers, LOB Compliance, the business, risk management and legal functions.
• Assist in identifying and executing areas to improve efficiency, control and governance within the APAC Sanctions Compliance Strategy team.
• Work on ad-hoc projects or requests from management.

Required qualifications, capabilities, and skills

• Minimum of 4 years of OFAC/Sanctions experience gained with Banking / Securities Institution or Big 4 Firm or regulator.
• Knowledge of OFAC and APAC sanctions regulatory requirements.
• Banking experience inclusive of knowledge on banking processes, products, and controls.
• Strong written and verbal communication, proven high volume processing and analytical skills with the ability to work independently on multiple assignments in a deadline drive, regulatory environment.
• Self-reliance and willingness to own problems and creatively find solutions.
• Must be results oriented and have strong organizational and time management skills with the ability to manage multiple priorities
• Effective problem solving, attention to detail and critical thinking skills
• Have the initiative to find information to substantiate an opinion. Where required, be able to provide recommendations on compliance sanctions processes.
• Flexible and adaptable to liaise with and join conference calls with different time zones.
• Possess effective computer skills for Microsoft Office including Excel, Word, PowerPoint, and Outlook.
• Bachelor's degree or equivalent experience.

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

About the Team

\n 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.\n
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\n 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.\n