At a Glance
- Tasks: Investigate suspicious activities and support decision-making in AML investigations.
- Company: Join J.P. Morgan, a global leader in financial services.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on diversity and inclusion.
- Why this job: Make a real impact in combating financial crimes while developing your analytical skills.
- Qualifications: Strong investigative skills and ability to work under pressure.
The predicted salary is between 33075 - 40425 £ 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 elevate 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.
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.
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
AML Investigations - Associate in Christchurch employer: Jpmorgan Chase & Co.
JPMorgan Chase & Co. is an exceptional employer, offering a dynamic work environment in Bournemouth where innovation and collaboration thrive. Employees benefit from a strong focus on professional development, inclusive team culture, and the opportunity to work with cutting-edge technology in a supportive atmosphere that values continuous improvement and engineering excellence.
StudySmarter Expert Advice🤫
We think this is how you could land AML Investigations - Associate in Christchurch
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Jpmorgan Chase & Co. looking for candidates who are engaged and informed.
We think you need these skills to ace AML Investigations - Associate in Christchurch
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Jpmorgan Chase & Co.. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Jpmorgan Chase & Co.’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
