Risk Management - Global Sanctions Compliance - Senior Associate

Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Senior Associate in the Global Financial Crimes Compliance ("GFCC") Global Sanctions Compliance Strategy Team, you will provide meaningful guidance to all lines of business ("LOB") globally as it relates to U.S. sanctions regulations and internal JPMorgan Chase GFCC policies and standards, as well as promote industry best practices and maintain oversight of the business execution.  You will provide support to the bank in complying with the U.S. sanctions regulations administered by Office of Foreign Asset Control ("OFAC").  Additionally, this role will focus on adhering to the compliance requirements under the Firm’s Sanctions Standards and will include supporting other projects/initiatives related to sanctions, including the Firm's digital assets initiatives, to help drive change and a strong compliance culture within the LOBs. You will utilize your knowledge and experience in OFAC sanctions regulations, as well as familiarity with compliance and/or audit best practices.

Job Responsibilities

• Provide guidance and support to the Line of Business Sanctions Officers (LSOs), Regional Sanctions Officers (RSOs), and Operations partners on U.S. sanctions compliance and the JPMC Sanctions Standards (implementation and interpretation)
• Drafting, reviewing, and managing the firm's license applications to OFAC alongside Global Financial Crimes (GFC) Legal
• Escalating sanctions-related issues to the LSOs and RSOs for further review and action;
• Support general Compliance activities and other responsibilities, including special projects, implementation and maintenance of procedures, training, and ad-hoc reporting, as assigned

• Demonstrate current knowledge and industry trends and sanctions changes in order to anticipate areas of focus and attention of regulators, keeping business management and Compliance colleagues informed

   

Required Qualifications, Capabilities, and Skills

• Bachelor's degree or equivalent experience required
• 5+ years relevant experience working with or in Compliance, Risk Management or Audit
• Knowledge of OFAC regulatory requirements
• Banking experience inclusive of knowledge on banking processes, products, and controls
• Ability to work independently on multiple assignments and meet deadlines in a fast paced environment
• Advanced problem solving and critical thinking skills

• Demonstrate strong organizational, analytical, negotiation, written and verbal communication skills with the ability to present complex information to senior management

   

Preferred Qualifications, Capabilities, and Skills

• Proven experience and extensive familiarity working in a complex multi-national organization

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

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,