WM - Onboarding Quality Control - Associate - Edinburgh
Location: Edinburgh, United Kingdom
Type: Full Time
Internal Number: 12290787
JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2 trillion, over 265,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Commercial Banking, Consumer and Community Banking, Corporate and Investment Banking. Description The Global Wealth Management business offers individuals and families personalized, comprehensive financial solutions that integrate sophisticated investment management, capital markets, trust and banking capabilities. JPMorgan Private Bank was recognized in 2015 by Euromoney as the world's best global private bank, with more than 1,800 client advisors in 120 offices in 11 countries J.P. Morgan Bank Luxembourg S.A ( JPMBL ) is the primary entity which is used to provide private banking services to ultra-high net worth (UHNW) and high net worth (HNW) individuals in the EMEA region, excluding Switzerland. It is also the entity which provides banking, trading, and brokerage and custody services to clients of the Global Wealth Management (GWM). J.P. Morgan Bank Luxembourg S.A ( JPMBL ) is a uthorised and regulated by Commission de Surveillance du Secteur Financier and jointly supervised by the European Central Bank and the CSSF . Our Team As a result of continued strong business performance together with the increasing nature of the regulatory environment, J J.P. Morgan Bank Luxembourg S.A ( JPMBL ) is looking to add additional KYC Quality Control (QC) Specialists to the team. The focus will be to review client due diligence and uphold the standards of the Banks AML/KYC program. The role will focus on supporting the AML & KYC framework for the PB EMEA onshore client base and will require interacting with a wide range of Front Office employees (Bankers, Analysts and Client Service Specialists) as well as the Legal, Global Financial Crimes Compliance and Risk management functions. Collaboration with AML/KYC colleagues globally to ensure that a sound Anti-Money Laundering monitoring framework is maintained may also be necessary. Responsibilities The KYC QC Specialists responsibilities will include:
Review and analysis of Client Due Diligence reports and Know Your Client (KYC) data.
Identification of prohibited client types and appropriate escalation
Identification of AML/KYC/Reputation risk and appropriate escalation
Training to the front office on KYC & Due Diligence Standards
Ad-hoc AML/KYC related projects such as systems enhancements, workflow analysis, and higher risk client reviews.
Management Information (MIS) compiling of data and producing monthly reports and other ad-hoc reports as required for senior management
Qualifications What we look for We are looking for a self-motivated individual who is enthusiastic and a keen interest in AML and related areas. The successful candidate will demonstrate good organizational skills, and will be able to deal with issues independently even when working under pressure with challenging deadlines. Given that the role will involve communicating with employees of varying levels, with diverse roles and different native languages, the individual will need strong communication and negotiation skills.
Demonstrated KYC/AML experience
Strong communication skills
Strong organizational and prioritization skills
Ability to multi task and deliver to a tight deadline
Enjoy working in a fast-paced and demanding environment
Strong interpersonal skills and ability to work with people at all levels across all functions
Additional languages a plus
About Us 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
About the Team J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions with client assets of $4 trillion. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.