At a Glance
- Tasks: Help protect the firm from financial crime risks and coordinate key risk assessments.
- Company: Join J.P. Morgan, a global leader in financial services with a focus on diversity.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic team environment with opportunities to influence processes and develop leadership skills.
- Why this job: Make a real impact on regulatory compliance and drive improvements using innovative tech.
- Qualifications: Strong knowledge of financial crime regulations and excellent problem-solving skills.
The predicted salary is between 49500 - 60500 £ per year.
Make an impact in helping to protect the firm from financial crime risks. Join a collaborative team responsible for coordinating key risk assessment and regulatory reporting activities across the region. You'll work with stakeholders across multiple business areas and contribute to important regulatory and compliance initiatives. This role offers the opportunity to influence processes, drive improvements, and leverage innovative technologies.
As an Associate in the EMEA Global Financial Crime Compliance (GFCC) Program Management team, you will report directly to the GFCC Risk Assessment and Reporting Lead, with primary responsibilities for AML and Sanctions Risk Assessment coordination and development on behalf of GFCC EMEA. Risk assessments are performed on an annual cycle for the firm's subsidiaries and branches, lines of business (LOBs), and specified countries, in accordance with local laws, regulations, or regulatory expectations. You will also be responsible for other complementary risk assessment processes and annual regulatory reports.
Job Responsibilities
- Draft, syndicate, and finalize LOB / legal entity reports for the United Kingdom (UK), in coordination with LOB and GFCC stakeholders.
- Assist with EMEA-wide risk assessment planning, execution oversight, and reporting to senior management for the EMEA GFCC region.
- Address and escalate risk assessment execution risks, as applicable.
- Coordinate additional risk assessment related activities with respect to qualitative risk appetite assessments, comprehensive legal entity risk assessments, and annual review of country risk ratings.
- Coordinate annual financial crime report submissions on behalf of all UK regulated legal entities.
- Coordinate program team submissions related to risk assessments and regulatory reporting in response to reviews or queries conducted by Audit, regulators, GFCC Controls Management and the Testing Centre of Excellence, as applicable, during testing and examinations to support requests and address report inquiries.
- Provide management information to EMEA governance forums and other internal forums.
- Develop smart solutions to improve risk assessment and regulatory reporting processes and outputs using Artificial Intelligence (AI) tools.
- Provide support to the broader team with respect to the administration of EMEA GFCC procedures and other guiding documents.
Required qualifications, capabilities, and skills
- Strong knowledge of regulations, with particular focus on financial crime.
- Problem solving and project management skills.
- Proficient use of MS Excel and PowerPoint.
- An interest in, and proficiency with, AI tools.
- An ability to communicate effectively and confidently (both oral and written).
- Strong interpersonal skills including an ability to interact with colleagues at all levels.
- An ability to adapt quickly to change and to be able to handle multiple deliverables.
- Demonstrated personal initiative, leadership skills, and ability to deliver results.
J.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 recognise 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.
Risk Assessment and Reporting Coordinator - Associate in Bournemouth employer: JP Morgan Chase
At J.P. Morgan, we pride ourselves on being an exceptional employer, particularly within our Global Financial Crimes Compliance team in EMEA. Our commitment to diversity and inclusion fosters a collaborative work culture where employees are empowered to grow and develop their skills in a dynamic environment. With access to comprehensive training and the opportunity to engage with a wide range of financial services, you will find meaningful and rewarding career advancement in a company that values your contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Assessment and Reporting Coordinator - Associate in Bournemouth
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like JP Morgan Chase. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Risk Assessment and Reporting Coordinator - Associate in Bournemouth
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to JP Morgan Chase.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on JP Morgan Chase's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at JP Morgan Chase
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with JP Morgan Chase.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at JP Morgan Chase will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former JP Morgan Chase employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.