Job Description

:



CIB Operations - WKO Banking KYC Case Lead - Corporate & Investment Bank - Analyst

Description

About J.P. Morgan Chase & Co.

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the seventh largest bank in the world by total assets, with total assets of US$3.213 trillion.

Information about J.P. Morgan is available at

About J.P. Morgan's Corporate & Investment Bank

J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With nearly $20 trillion of assets under custody, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Department Description

Within the Corporate Investment Bank, the Wholesale KYC Operation (WKO) Analyst plays a critical role in ensuring that as an organization, we are compliant with multiple regulations, in order to protect the bank's reputation and financial assets.

The WKO team operates in close partnership with WKO middle office, Bankers, Operations, Credit, Legal and Compliance to provide efficient and timely on-boarding of new/existing client relationships to the JP Morgan infrastructure.

Job Summary

The Wholesale KYC Operations (WKO) Analyst is responsible for the management of write, edit and manage knowledge management assets for the WKO AML/KYC Program. Knowledge management assets including procedures, user guides, contextual help and communication for the firm wide Global KYC Standards as they relate to Corporate & Investment Bank (CIB). The AML/KYC program is a priority and this role is critical in contributing to the ongoing support and success of the program. As a WKO Analyst / Sr. Analyst, you will partner closely with the subject matter experts from the business, policy, agile and project teams within various KYC functions and upper level management to ensure all Knowledge Management documentation is accurate, clear, concise, and consistent.

Key Responsibilities:

• Partner with WKO Middle Office (MO) and business to assist with the preparation, development, due diligence and approval of the electronic Know Your Client (KYC) record and supporting appendices
• Create and maintain KYC records by obtaining information from internal and external sources (firm website, regulatory websites, etc.)
• Partner with WKO MO and Compliance teams to update system information from initiation to approval of KYC record and report workflow progress to supervisor
• Review assets to ensure final approved documentation conforms to prescribed templates, style guidelines, and supports KYC policies and operational process
• Champions and adheres to the WKO Change Readiness process
• Understanding and implementation of KYC standards, guidelines, policies and procedures
• Handling and maintenance of confidential client documentation
• Collection and verification of confidential client data via publicly available and internal sources
• Understand the firm's KYC requirements when completing documentation inclusive of Customer Identification Program (CIP), Enhanced Due Diligence (EDD), Local Due Diligence (LDD),Specialized Due Diligence(SpDD) and Product Due Diligence requirements (PDD)
• Compare and contrast differences within KYC records , highlight and escalate any discrepancies
• Responsible for Knowledge Management asset impacts by participating in project workstreams
• Establish working relationships and routinely interface with stakeholders, technology, subject matter experts (SMEs), compliance, and any other relevant party
• Ensure KYC records incorporate local regulatory requirements as per standard
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding JPMC, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.
• Face off to compliance, screening team, other ops teams to resolve KYC exceptions and obtain approvals where necessary
• Engage with multiple stakeholders including Middle office, onshore makers to track exceptions and KYC completion.
• Conduct client profile reviews for customer accounts
• Review all information and documentation ensuring compliance with local regulation and JPMC standards
• Update KYC forms and client profiles according to policy requirements
• Follow up with WKO MO to ensure information is received before due dates. Timely update case status in internal MIS to provide accurate status for reporting
• Perform KYC tasks, including monitoring and tracking of the KYC records

Skills Required

• A working knowledge of KYC/Compliance/AML procedures and standards
• Knowledge of multiple client types (i.e. Corporates, SPV, Trust, F.I.'s. etc.)
• Knowledge of financial industry with in-depth expertise in various lines of business (Corporate Investment Bank and heritage lines of business)
• Strong verbal and written communication skills
• Strong time management, organizational, relationship building skills
• Quality client focus, strong controls mind-set and strong customer service skills(e.g. oral and written communication skills)
• Prior experience of adhering to controls and compliance standards
• Ability to grasp/learn concepts and procedures quickly

Qualification & Experience:

• Knowledge of KYC & Client onboarding is preferred with at least 3-4 years' experience (Audit, Control, Risk, AML, and Research may also be areas of experience)
• Graduate: B.Com / BBA

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 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.

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.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.