Our Compliance Function With a diverse team of Compliance professionals supporting all areas of our business around the globe, the team is working diligently to be innovative and present all business partners with thoughtful and unique solutions to the challenges they face. The Compliance function has a robust set of priorities in place focused on best practice and employee development to ensure goals are delivered.
The Team
The Global Financial Crimes Compliance ("GFCC") Anti Money Laundering ("AML") Investigations Team is responsible for identification and reporting of suspicious transactions. The team investigates AML cases for J.P. Morgan S.E. (Germany) booked business to support decision making in regard of filing Suspicious Activity Reports ('SARs') to law enforcement.
The Role
This role is within our team responsible for investigating AML cases across various line of business. The team works in partnership with colleagues in EEA and UK Compliance/GFCC teams and client-focused staff in the lines of business.
The AML Investigations Team is primarily responsible for undertaking AML cases and filing SARs in Germany. These result from:
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 Financial Intelligence Unit ("FIU") initiatives
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.
- Evaluate the analysis of investigations for appropriate identification of AML, Terrorist Financing, and any other red flags to assess whether escalation or closure with no further action decisions are accurate
- Escalate unusual activity and present cases to the EMEA Financial Crimes Monitoring Committee ("FCMC") meeting with Germany Money Laundering Reporting Officers ("MLRO")/ Deputy MLRO to support SAR determination.
- Proactively participate and influence team's engagement with the firm's people agenda initiatives
- Assess investigations and/or AML trends and work with relevant stakeholders to perform predictive analysis
- 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 typologies, applying these characteristics through interrogation of transaction data to identify unusual activity.
- Understand existing procedures in place and assist with cross training and/or upskilling execution
- Share knowledge and experience through briefings, presentations, and written products.
- Participate in ad hoc projects and enhanced reviews, including supporting regulatory enquiries and line of business Compliance.
Required qualifications, capabilities, and skills - +5 years of AML Investigations, Anti-Money Laundering, the finance industry, financial regulation, law enforcement or intelligence analysis or comparable field experience
- Knowledge of and interest in one or more of:
- money laundering
- terrorist financing
- bribery and corruption
- novel and informal value transfer systems
- correspondent banking; securities trading; investment, pension and hedge funds; currency exchange and transaction settlement
- market manipulation and market abuse
- Strong academic background and/ or work achievements
- Good oral and written communication skills
- Investigative skills and an analytical mind-set, including proven problem solving ability
- Demonstrated skills in risk assessment, including the ability to make sound decisions, including escalation when appropriate, in regard to ML/TF risk
Preferred qualifications, capabilities, and skills - Ability to own, deep-dive and/or investigate issues and can derive solutions independently, ultimately ensuring successful implementation or resolution
- The ability to prioritize conflicting demands, organize one's agenda and work under pressure
- The relationship management skills to deal with management and build partnerships with other departments
- The ability to work in teams, whilst being a strong independent actor, and demonstrate the readiness to share knowledge
- Proficient is MS Office (Outlook, Excel, Word, PowerPoint etc.), and has the experience to handle large volumes of quantitative data
- Foster and champion High-Performance, Diversity and Inclusion Culture, where people are e