Job Summary
Location
Andhra Pradesh,Hyderabad
Experience
0 - 50 years
Skills
Administrative And Executive Officials, Local Bodies
Last Date to Apply
10 Jan 2021
 
Compliance Assistant - Client List Screening
Jp Morgan Chase & Co.
Posted on: 11 Nov 2020
Job Description

Job Description :

J.P. Morgan is a leading global financial services firm, established over 200 years ago:
o We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.
o We have assets of $2.5 trillion and operations worldwide
o We operate in more than 100 markets.
o We have more than 243,000 employees globally.
Our wholesale businesses include J.P. Morgans Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families.
Our corporate functions support the entire organization and include the following functions: Accounting, Audit, Finance, Human Resources, Operations, and Technology.
J.P. Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firms operations regionally and globally. The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.
The Global Compliance Operations team is responsible for supporting and leading aspects of the firm's AML program. The team works closely with the AML Program Management Office, Global Financial Crimes Compliance and the enterprise-wide control program teams to identify, remediate and track issues, and develop controls to sustain improvements as they are made.
The Client Screening Department plays a critical role in the successful execution of the firm's compliance mission. The department is responsible for the daily screening of 200 Million Clients / Entities against OFAC, International Sanctions, Politically Exposed Persons (PEP), Negative Media and various internal lists. The department interacts and escalates matches to each LOB and regulatory departments on a daily basis.
Job Description
The Global Compliance Operations team is responsible for supporting and leading aspects of the firm's AML program. The team works closely with the AML Program Management Office, Global Financial Crimes Compliance and the enterprise-wide control program teams to identify, remediate and track issues, and develop controls to sustain improvements as they are made.
The Client Screening Department plays a critical role in the successful execution of the firm's compliance mission.Review customer demographic information according to the general clearing guidelines, and take appropriate action to decision. The department is responsible for the daily screening of 200 Million Clients / Entities against OFAC, International Sanctions, Politically Exposed Persons (PEP), Negative Media and various internal lists.
Client List Screening group based out of Hyderabad supports the core operations (L1 function).
Position Description:
The Client Screening Department currently has an opportunity for an Operations Core Processing Analyst who will be based in Hyderabad, India. They will be expected to work as part of an immediate team of 8-10 analysts led by a Team Lead to review the first level reviews of Negative Media, PEP, TRMRL and Sanction alerts.
Responsibilities
Position involves the complete process around regulatory/non regulatory internally directed Enterprise-wide searches of our accountholders and their transactions looking for known or suspected money launderers, terrorists or drug dealers.
Work through the alerts on a daily basis to understand if there is a match to our clients and then raising of the reviews to the Escalation Teams.
Possesses the ability to process high volumes of alerts on a daily basis.
Shows analytical abilities to process and investigate the work, showing due diligence and when required raising issues to Team Leads.
Ability to work effectively in a diverse team/site environment
Qualification
  • Minimum3year Name Screening / AML experience
  • Knowledge of industry activities, particularly corporate actions, index tracking and stock markets.
  • Self-motivated and proactive with the proven ability to work accurately and under pressure to meet deadlines.
  • Intermediate to Advanced MS Excel skills, including pivot tables and v-look ups.
  • Strong analytical/problem solving skills and attention to detail.
  • Demonstrate ability to effectively communicate within a team environment and interact across departments.
  • Demonstrate customer focus and follow-up skills.
  • Ability to work independently and multi-task in a fast paced environment.
  • The role holder will be required to operate flexible working hours to cover early starts and/or late finishes as demanded by the business.
  • Bachelor degree with preference in Finance, Accounting
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