Compliance Assistant Jobs in Hyderabad

Compliance Assistant

JP Morgan Chase & Co.

1.5 to 3+ Years

Not disclosed

Expired

Posted: 07 Oct 20

Job Description

Job Description

The GFCC Alert Triage position is part of the firmâ€™s India AML Alert Triage team within AML Investigations. The Triage team dispositions alerts consistent with the Global AML Standards, provides an initial assessment of potential Money Laundering, Terrorist Financing as well as other nefarious activity and recommends alerts for escalation and further review or closure as false positives
The successful candidate has strong processing and analytical skills; the ability to work independently, and is adaptable to change. In addition, the candidate needs to demonstrate banking and compliance knowledge, the ability to exercise sound judgment and to observe the highest degree of confidentiality in the handling of information received in the course of their responsibilities.

Responsibilities

Collect and document data, including: alerting activity, account information, transactional data, KYC information, politically exposed person (PEP) status, adverse media as well as counterparty and any other required information to assist in the investigation

Review and analyze underlying data gathered opposite Anti-Money Laundering (AML), Terrorist Financing (TF), Human Trafficking and other red flags to assess whether the alert should be recommended for escalation or to be closed with no further action

Fully document all alerts, including supporting data, analysis as well as escalation or close recommendation rationale within the case management system in a timely manner and consistent with the firmâ€™s quality standards

Build relationships with AML Investigations units and effectively communicate and transfer information for case investigations

Collaborate with India and US colleagues to share processing and AML knowledge to enhance AML Investigation process flows

In conjunction with manager and consistent with overall department objectives, establish and execute on annual development goals

As requested, participate in special projects, quality improvement initiatives and other similar exercises

Qualifications

1.5 to 6 yearsâ€™ experience in compliance or related position

Familiarity with the firm's internal systems and processes or similar processes at other institutions

Self-starter, capable of working under minimum supervision

Adept to multi-tasking and meeting deadlines in high-pressure environment

Results oriented team player

Strong problem solving ability

Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and develop well-reasoned recommendations

Strong interpersonal and verbal/written communication skills

Proficient in MS Office (Outlook/Word/Excel/PowerPoint)

Strong documentation skills to clearly articulate alert disposition

Adherence to controls and standards