Sanctions Escalations - Asssociate

Job Description

The Global Sanctions Escalations position involve the complete process around regulatory driven sanction list or internally developed watch list searches of transactions and account holders looking for designated high risk clients and sanctioned transactions. This includes the process to determine if there is a true match to a suspect name, review, analysis and make decision on wire transactions and specific issues escalated to/from internal business units. Validation on positive search results and providing detailed research information to support the resolution of a match. Providing 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.

As a Global Sanctions Escalations Associate you will report to a Global Sanctions Compliance Manager and is an integral part of the Global Financial Crimes Compliance responsibilities to protect the organization and to fulfill the Bank's regulatory requirements. Ideal candidates possess leadership, analytical ability, initiative, a solution-oriented consultative mindset, a thorough knowledge of banking, Office of Foreign Assets Control (OFAC), Sanctions processes, service operations, products and systems and the ability to work effectively in a high volume, deadline driven, diverse team/site environment. Ability to work flexible hours is required. Will perform additional duties and special projects as requested.

Job Responsibilities

Determine if there is a true match to a suspect name, review, analysis and make decision on wire transactionsValidation on positive search results and providing 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 Reviewing highly sensitive client and transaction search information, reporting, escalating and documenting results

Required Qualifications, Capabilities And Skills

5+ years of banking experience and at least 5 years of Compliance or legalManagerial experience is required to train, teach, coach and mentor senior team members and entry level analysts Sanctions, anti-money laundering (AML), OFAC and Compliance Advisory experience is required Sanctions Subject Matter Expert with specific transactions screening against sanction list to determine false positive vs true match Knowledge of Society for Worldwide Interbank Financial Telecommunications (SWIFT) messaging. Demonstrate cross-line of business knowledge of banking systems and products Self-reliance and willingness to "own" problems and creatively find solutions. Must be results oriented and have strong organizational skills with the ability to manage multiple priorities Excellent project management and presentation skills Flexibility to work varying daytime hours to accommodate transactional product and regional deadlines Strong written/verbal communication, leadership, solid high volume processing and analytical skills with the ability to work independently on multiple assignments in a deadline driven, regulatory environment Ability to maintain high quality in a risk intensive environmentPossess strong computer skills: Microsoft Office Suite including Excel, Word, Access, Outlook and PowerPoint

Preferred Qualifications, Capabilities And Skills

Audit experience is highly desirableKnowledge of payment transactions is preferredCustomer contact and service operations area experience a plus.

Additional Information

Training in office fulltime then hybrid work scheduleMust be willing to work 10AM to 7PM shift – Monday - Friday

ABOUT US

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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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

About The Team

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.