KYC Associate

Job DescriptionThis role is a great opportunity for KYC Specialist who would like to develop their career in one of the biggest banks in the worldAs a KYC Associate within our global team, you will have the opportunity to develop your analytical skills and expand knowledge in KYC from colleagues and stakeholders worldwide. You will be responsible for ensuring all KYC and AML policies are adhered to, assisting client-facing teams to ensure all client KYC records are compliant with regulatory standards, and ensuring high quality and timely completion of all client-level due diligence. You will also review the collection and verification of data to ensure all KYC records are accurate and complete prior to a final review by the client-facing team. This role will require you to stay current with all regulatory changes and requirements around client KYC, Suitability, and Documentation.Job ResponsibilitiesDemonstrates strong independent responsibility and extensive knowledge in working with international Anti Money Laundering compliance-related issuesIdentifies and assesses relevancy of public records, as it relates to customer informationPossesses an in-depth understanding of KYC typologies inherent in individual clients and large multinational corporations Conducts a thorough investigation to determine any correlations or anomalies in the data based on reasonable expectations and prior experience and ascertains if activity between originators and beneficiaries have valid economic purpose based on their investigation and findingsCollaborates with internal departments to address escalated KYC cases and provide solutions for complex regulatory issuesPresents strong KYC knowledge, which allows to mentor and guide junior KYC analysts providing trainings and helping to ensure a consistent and through approach to KYC across the TeamSupports the implementation of KYC tolls and systems, providing feedback to enhance functionality and efficiencyDevelop and refine internal KYC policies and procedures to stay current with regulatory changes and industry best practises. Independently produces complete and accurate reports of their investigations, findings, decisions and recommendations for use by line of business and KYC OfficersProactively identifies opportunities to refine a process and increase operational efficienciesRequired Qualifications, Capabilities, And SkillsEducated to Bachelor’s or Master’s Degree levelKnowledge of KYC is essential with at least 3 years’ experience (Audit, Control, Risk, AML and Research may also be areas of experience)Knowledge of BSA/AML, and other AML regulatory policies, with a strong understanding of AML typologies, geography, products, customer type and expected type of activity in order to effectively identify risk and unusual activityProficiency in investigative techniques and pattern recognition and previous success in complex analysis and investigation with unstructured data populationsUnderstanding of the banking industryExceptional research and analytical skills with the ability to analyse large amounts of data; decipher higher risk attributes (transactional, geographical, product, customer type, etc) and to identify trends and potential high-risk activity, and to document conclusions appropriatelyStrong problem-solving skills with attention to details and the ability to manage multiple priorities under tight deadlinesExcellent communication and interpersonal skills, capable of working with cross functional teams and senior stakeholders. Preferred Qualifications, Capabilities, And SkillsPrevious exposure to project management & process improvement techniques European languages – Spanish, French, German, Italian – highly desirableAbout UsJ.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.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.About The TeamJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.