AML Investigations - Associate

As an Associate in the EMEA Anti-Money Laundering (AML) Investigations team, you will become part of Global Financial Crimes Compliance (GFCC) within the wider Compliance, Conduct and Operational Risk (CCOR) organization at JP Morgan.

The EMEA AML Investigations team is responsible for AML investigations across various line of business working in partnership with colleagues in North America and Asia Compliance, EMEA in-country Compliance/GFCC teams and client-focused staff in the lines of business. With no two days being the same, you may find yourself investigating unusual and potentially suspicious activity brought to the team’s attention by virtue of escalations from the strategic transaction monitoring systems; referrals from other sources such as the business, law enforcement or other financial institutions; proactive investigations arising from self-generated leads; or from the firm’s Financial Intelligence Unit (FIU).

The role requires a level of independent decision making and judgment. You will work effectively with minimal supervision to align yourself and the team with responsibilities outlined by the function.

Job responsibilities

• Undertake client and company research using in-house databases and publicly available information to identify whether activity is unusual, and ultimately support the decision-making process regarding reporting to law enforcement
• Escalate unusual activity and present cases to the weekly EMEA Financial Crimes Monitoring Committee (FCMC) meeting with relevant country Money Laundering Reporting Officers (MLROs)
• Drafts Suspicious Activity Reports (“SARs”) and submits to law enforcement
• Provide feedback and escalate issues identified from AML investigations into clients’ due diligence documentation and risk categorisation
• Actively develop knowledge of criminal methods and AML typology by applying these characteristics through interrogation of transaction data to identify unusual activity
• Participates in proactive investigative projects in support of national, regional, or global priorities and initiatives, including engagement with external partners
• Participates in ad hoc projects and enhanced reviews, including supporting regulatory enquiries and line of business Compliance

• Manages work queues to ensure all work items are completed within required timeframes

   

Required qualifications, capabilities, and skills

• Investigative skills and an analytical mind-set, including proven problem-solving ability
• The ability to prioritise competing demands; organise one's agenda; and work under pressure
• The relationship management skills to deal with peers and senior stakeholders and build partnerships with other departments
• The ability to work in teams and the readiness to impart knowledge
• Good oral and written communication skills
• Intermediate to advanced proficiency in Excel, particularly experience in handling large volumes of quantitative data

Preferred qualifications, capabilities, and skills

• Strong academic background or work achievements
• Experience in Anti-Money Laundering, other financial crimes, the finance industry, financial regulation, law enforcement or intelligence analysis
• Demonstrated skills in risk assessment, including the ability to make sound decisions, including escalation when appropriate, regarding ML/TF risk
• Any working experience with visualisation, robotic and data automation software (e.g. Alteryx, Python, Tableau, UiPath or Xceptor) would be advantageous