Asset Management China - AML Investigations Associate

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 an Associate in the APAC Anti Money Laundering (AML) Investigations team, you will be a key contributor to the Global Financial Crimes Compliance (GFCC) function and will be responsible for the identification, investigation and reporting of suspicious transactions. The AM China AML investigations team manages local AML transaction monitoring system and/or manual escalations of cases consistent with the Local regulatory and Global AML Standards, provides assessments of potential Money Laundering, Terrorist Financing as well as other nefarious activity, recommends cases for escalation and further review or closure as false positives, and is responsible for preparing and filing Suspicious Activity Reports (SARs) as required. In this role, you will report directly to the AM China GFCC MLRO, and functionally report to APAC GFCC Investigation head.

Job responsibilities

• Be the subject matter expert of AML and/or Terrorist Financing investigations, including comprehensive understanding of AML processes, Technology, Case Management and products/services
• Manage and ensure that the quality of investigations and SAR filings adheres to the required standards, while managing SLA appropriately and timely
• Assess investigations and AML trends, including partnership with regional or global stakeholders to effectively escalate, communicate, transfer information, or implement change management
• Understand existing procedures and standards and assist with cross training and/or upskilling
• Participate in AML Investigations or Line of Business initiatives, process improvements or enhancements, including the use of technology
• Ensure timeliness and execution of any expected scope of work relating to Risk and Controls partners (e.g. Quality Assurance, Monitoring and Testing), Audit, Regulatory and/or Controls Evaluation requests are adhered to

• Gather, coordinate, and participate proactively in changes to the firm’s AML policies/processes or AML trends with MLROs, relevant GFCC Functions, Compliance and/or Line of Business

   

Required qualifications, capabilities, and skills

• Bachelor’s Degree in Finance, Economics, Statistical Mathematics, Data Science or related disciplines
• Minimum of 3 years of experience in the Financial Services Industry
• Demonstrated track-record experience and knowledge of either Investment Banking, Commercial Banking, Foreign Correspondent Bank, or Asset Management AML investigations, including proficient understanding of China AML/CFT regulations and requirements
• Ability to own, deep-dive and/or investigate issues and can derive solutions independently, ultimately ensuring successful implementation or resolution
• Proficiency in MS Office (Outlook, Excel, Word, PowerPoint etc.), and the experience to handle large volumes of quantitative data

• Keen interest or experience with data analytics and visualization tools such as Alteryx and Tableau and a good understanding of programming languages such as SQL

• Strong interpersonal or client management skills required to work effectively, influence and/or negotiate desired outcomes with multiple stakeholders and/or senior management

• Attainment of all necessary regulatory licenses (or any other licenses / qualifications as required) for carrying out Asset Management and other regulated activities.

Preferred qualifications, capabilities, and skills

• Ability to speak and write Chinese and Business English and requirement to handle China regulatory requirements
• Experience with AML investigation system, technology driven case management tool and/or technology will be preferred 
• Experience with multiple differing line of businesses and/or products and services' AML investigative work and SAR filing is desirable