Compliance Risk Management Lead - Vice President

Bring your expertise to JPMorgan Chase.  As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. 

As a Compliance Risk Management Lead supporting the Compliance, Conduct and Operational Risk organization, you will be responsible for managing Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) related issues connected to Commercial & Investment Bank (CIB) Payments/Financial Institutions Group, reporting directly to the Global Financial Crimes Compliance (GFCC) Payments Lead. You will consider global compliance issues as you challenge the business to address AML risks related to domestic and foreign payments clients and digital asset service providers. You will need to be able to build strong relationships with business and support leadership directly, providing your input on matters relating to financial crime, and operational risks. 

You are required to be a detail-oriented individual who can understand complex transactional flows, and work through some of the complexity with peers. You will work with your global counterparts to align on frameworks for processes and risk tolerance where appropriate. Your strong knowledge of the AML risk in the blockchain environment and your keen awareness of industry trends and emerging typologies will be crucial in this role. You will work collaboratively across the firm and need to understand treasury payment flows and remain current on regulatory guidance and expectations. Additionally, you will be part of a leading Financial Crimes Compliance organization responsible for developing requirements and standards for the Firm's Enterprise-Wide AML and Sanctions Programs. 

The GFCC Program includes the oversight and coordination of AML and sanctions coverage across the firm, the development of policies, procedures and standards designed to address regulatory guidance, including heightened expectations, and the implementation of GFCC activities. GFCC is comprised of Line Of Business (LOB), regional and core function teams. LOB and regional teams provide appropriate challenge to the controls created by the LOB’s. The core function teams provide oversight of control processes such as customer due diligence, transaction monitoring, suspicious activity / currency transaction investigations and reporting, risk assessment, training, testing, governance, policies, procedures and internal controls.           

Job Responsibilities

• Support sales team through the interpretation and implementation of the GFCC Anti-Money Laundering/Know Your Customer processes, assessment of the control environment, OFAC/Sanctions and client Anti-Corruption Compliance
• Manage day-to-day AML compliance issues and escalations relating to Correspondent Banking, FinTech and digital asset service providers
• Provide feedback on new business initiatives, change management and assess the financial crime risk impact on new products and services
• Stay current in regulatory guidance and updates on digital asset matters and communicate to management on relevant topics that impact financial crime risks 
• Analyze and report on trends relating to financial crime and emerging risks and be able to provide feedback on the impact to CIB’s clients and products
• Set a positive culture of professional development, collaboration and efficiencies

Required qualification, capabilities and skills

• 6+ years of work-related experience working in Risk Management and Compliance at a Global Financial Institution 
• Solid understanding of global payment flows and cryptocurrency environment
• Expert level knowledge and implementation of programs around GFCC Anti Money Laundering/Know Your Customer processes, assessment, The Office of Foreign Assets Control (OFAC)/Sanctions and client Anti-Corruption Compliance
• Experienced understanding of the public blockchain and the major players in the digital assets, including the appropriate mitigants for financial crime related risks.
• High proficiency & demonstrated experience in presenting and advising senior leadership and regulators
• Ability to assess controls and processes to leverage further opportunities for automation / technological advancement 
• Strong ability to communicate clear vision and direction 
• Excellent analytical and problem-solving skills, inquisitive nature and comfort challenging current practices
• BA/BS degree required

JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans