Emea Sanctions Client Diligence - Bournemouth, United Kingdom - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

Bournemouth, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

You will work in EMEA Sanctions Client Diligence as part of the EMEA Sanctions Compliance team within Global Sanctions Compliance ("GSC") who ensure compliance with the firm's global sanctions processes.

The role requires a level of independent decision making and judgment when assessing client sanctions risk, and you must be able to adapt to a rapidly changing business and regulatory environment.

You will work effectively with mínimal supervision to align yourself and the team with responsibilities outlined by the function.

Job responsibilities

Review and assess sanctions risks presented under HMT, EU, OFAC and other EMEA sanctions programs in the context of client sanctions due diligence in both the KYC and significant transactions in Investment Banking and Corporate Finance. Ensuring that any risk is appropriately mitigated, documented and addressed, partnering with relevant (often senior) stakeholders within the business, Global Financial Crimes Compliance ("GFCC") and GSC
Review and assess client's sanctions related events such as blocked or rejected transactions, activity permissible under license, voluntary selfdisclosures, sanctions related enforcement action or significant negative media
If required, support the business, GSC and GFCC in reviewing escalations to internal senior committees ensuring sanctions risks are appropriately presented
Carry out client due diligence calls for FinTechs or CIB clients partnering with GFCC and business
Escalate significant sanctions risks to EMEA Sanctions management team, relevant In-Country Compliance Officers, Line of Business Sanctions Officers, GSC and GFC Legal as required
Continually maintain and develop a good working knowledge of HMT, EU, OFAC and other EMEA sanctions programs in order to provide appropriate advice and direction to colleagues in sales, product development, operations and technology teams across multiple LOBs in the region, on sanctions related issues as it impacts their products and clients
Build good working relationship with colleagues in Global Sanctions Compliance and escalate sanctions issues with OFAC impact as appropriate

Required qualifications, capabilities, and skills

Skills in assessment of risk and making sound decisions in regard of sanction risk. Relevant experience of Compliance activities particularly in relation to AML/Sanctions preferred
Knowledge of Investment & Corporate Banking, as well as Payments and Correspondent banking
Selfstarter with strong presentation and organisational skills with ability to work independently under pressure and to tight deadlines yet escalate matters as appropriate
Analytical mind with problem management skills with clear and concise verbal and written communication
Demonstrate a quality focused work ethic and strong controls mindset, understand regulatory requirements and adhere to appropriate controls
Keep informed of any changes to processes and procedures, regulatory change and ensure open verbal dialogue with colleagues across the EMEA region
Bachelor's degree (or equivalent) preferred or evidence of comparable academic / work achievement

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.

In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.