KYC Risk Advisory Specialist - VP
Posted on: 1 Feb 2021
Chicago, IL
Job Description
Job Description
EMEA WKO Production organization is seeking highly talented individuals to join the newly created KYC Risk Advisory Team. The teams mission is to identify unique KYC and AML risk factors for high risk client segments and PEPs, and assist in the assessment and mitigation of that risk. We are looking for individuals with deep KYC policy & cash management products knowledge and able to apply that knowledge to mitigate AML/Financial Crimes risk; and become trusted partners & advisors to KYC owners, desk heads and the WKO leadership team.
Responsibilities include, but are not limited to:
Carry out tailored review of KYC records for identification & assessment of risk and evaluate suitability of documented mitigation
Interact with Bankers, Sales and GFCC to understand clients AML program and other risk factors
Document constructive feedback for KYC owner and WKO production team specifying areas of the KYC file requiring attention, including drafting of suggested edits where appropriate
Partner with KYC Maker and Middle Office team for the successful completion of KYC file renewal as well as new client on-barding
Proactively identify and communicate thematic issues discovered from the risk review process to help prevent material issues
Attend AML call with clients and lead from WKO perspective
Act as a subject matter expert and trusted partner & advisor to KYC owners & makers with the ability to successfully influence both parties as needed
Deliver transformational KYC quality improvements that will avoid audit and regulatory issues
Demonstrate the ability to combine superior KYC policy knowledge with strong operational execution
Qualification & skills include:
* Strong client focus and interpersonal leadership, partnership and influencing skills
* Ability to effectively communicate complex risk assessment, policy and operational concepts to both senior management and junior operational staff
* Ability to interpret and apply regulatory and compliance policies and procedures when establishing guidelines, metrics, and processes
* Strong understanding of markets and cash management products and how it affects AML and KYC considerations
* Strong Foreign Correspondent bank industry knowledge and awareness of AML / KYC risks
* Minimum of 3-5 years of AML, Compliance, audit or KYC experience preferably in Corporate and Investment Banking
* BS/BA Degree; MBA or other graduate degree is a plus
JPMorgan Chase & Co.
New York, New York
JPMorgan Chase & Co. operates as a financial services company worldwide. It operates in four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.
The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; cash management and liquidity solutions; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research.
This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, treasury, investment banking, and asset management to corporations, municipalities, financial institutions, and nonprofit entities, as well as financing to real estate investors and owners.
The AWM segment offers investment and wealth management services across equities, fixed income, alternatives, and money market fund asset classes; multi-asset investment management services; retirement products and services; and brokerage and banking services comprising trusts, estates, loans, mortgages, and deposits. The company also provides ATM, digital covering online and mobile, and telephone banking services. JPMorgan Chase & Co. has a collaboration agreement with Chicagoland Chamber of Commerce. The company was founded in 1799 and is headquartered in New York, New York.
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IndustryBanking/Financial Services
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No. of Employees255,998
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Website
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Jobs Posted9051
