At a Glance
- Tasks: Investigate suspicious activities and support decision-making in AML investigations.
- Company: Join JP Morgan's dynamic Global Financial Crimes Compliance team.
- Benefits: Gain valuable experience, develop skills, and work in a supportive environment.
- Other info: Collaborative culture with opportunities for growth and learning.
- Why this job: Make a real impact in fighting financial crime while developing your analytical skills.
- Qualifications: Strong investigative skills and ability to work under pressure.
The predicted salary is between 40000 - 50000 £ per year.
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 lines 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).
- Draft Suspicious Activity Reports ("SARs") and submit 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.
- Participate in proactive investigative projects in support of national, regional, or global priorities and initiatives, including engagement with external partners.
- Participate in ad‑hoc projects and enhanced reviews, including supporting regulatory enquiries and line of business Compliance.
- Manage 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.
AML Investigations - Associate employer: Jpmorgan Chase & Co.
At JP Morgan, we pride ourselves on being an exceptional employer, offering a dynamic work environment where no two days are the same. Our EMEA AML Investigations team fosters a culture of collaboration and continuous learning, providing employees with ample opportunities for professional growth and development. With access to cutting-edge resources and a commitment to compliance excellence, you will be empowered to make impactful decisions while working alongside industry experts in a supportive and inclusive atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land AML Investigations - Associate
✨Tip Number 1
Network like a pro! Reach out to people in the AML field on LinkedIn or at industry events. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your AML knowledge and current trends. We recommend practising common interview questions with a friend or in front of a mirror to boost your confidence.
✨Tip Number 3
Showcase your analytical skills during interviews. Be ready to discuss specific examples where you've solved problems or made decisions based on data. This will highlight your fit for the role!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace AML Investigations - Associate
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the AML Investigations role. Highlight any relevant experience or skills that match the job description, like your investigative skills and analytical mindset. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about AML and how your background makes you a great fit for the role. Don’t forget to mention any specific experiences that relate to the responsibilities outlined in the job description.
Showcase Your Skills:In your application, be sure to showcase your problem-solving abilities and relationship management skills. We’re looking for someone who can work well under pressure and collaborate with various teams, so give us examples of how you've done this in the past!
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Know Your AML Basics
Before the interview, brush up on your knowledge of Anti-Money Laundering regulations and typologies. Familiarise yourself with common red flags and case studies that demonstrate your understanding of suspicious activities. This will show your potential employer that you’re not just interested in the role but also knowledgeable about the field.
✨Showcase Your Investigative Skills
Prepare to discuss specific examples from your past experiences where you successfully identified unusual activity or solved complex problems. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easier for the interviewer to see your thought process and decision-making skills.
✨Demonstrate Teamwork and Communication
Since this role involves collaboration with various teams, be ready to talk about how you've worked effectively in a team setting. Highlight any experiences where you’ve built relationships with stakeholders or communicated complex information clearly, as these skills are crucial for success in AML investigations.
✨Get Comfortable with Data Tools
If you have experience with data analysis tools like Excel, Alteryx, or Python, make sure to mention it. Be prepared to discuss how you’ve used these tools to analyse large datasets or automate processes. This will demonstrate your technical proficiency and ability to handle the quantitative aspects of the role.
