JPMorgan

CIB - Wholesale KYC operations - Client Data Analyst - Team Leader

Job Location:  Bangalore
Job Description:  SkillSet: " microsoft office", " english language", " financial services", " due diligence", sql.

JPMorgan Chase Co (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase Co serves millions of consumers in the United States and many of the world s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase Co is available at jpmorganchase.com.

The Corporate KYC Operations works closely with the Lines of Business (LOBs) to implement and operate a sustainable and scalable operational process supporting clients along the Know Your Customer (KYC) lifecycle. This includes functions such as data collection, completion of the KYC profile, client screening, targeted local language and English language research, comparing and analyzing client profiles across all lines of business quality check and assurance. This team will also produce metrics around the work they perform.

The role is responsible for ascertaining that all KYC and AML policies are adhered to and will be responsible for conducting reviews of client s KYC documentation stored in internal repositories and publicly available information, performing the necessary screening against relevant search engines and sanction lists and communicate any additional deficiencies back to the business.

If you're interested in working in an environment where leadership, excellence, integrity, and diversity are among our core principles, then explore the opportunities at J.P. Morgan Chase.

Job Description

The KYC quality reviewer Team Leader review the records completed by production team to ensure all client KYC records are compliant with regulatory standards, and will ensure high quality and timely completion of all client-level due diligence. The role will assist in end to end Operations Reviewer and the client-facing team. This research is performed to ensure a client s KYC profile is appropriately updated and any discrepancies or issues with the profile escalated to the appropriate lines of business.

Job Description

The KYC quality reviewer Team Leader review the records completed by production team to ensure all client KYC records are compliant with regulatory standards, and will ensure high quality and timely completion of all client-level due diligence. The role will assist in end to end Operations Reviewer and the client-facing team. This research is performed to ensure a client s KYC profile is appropriately updated and any discrepancies or issues with the profile escalated to the appropriate lines of business.

Responsibilities

Review of confidential client data via publically available and internal sources

Understand the firm s KYC requirements when reviewing documentation inclusive of Customer Identification Program (CIP), Standard Due Diligence (SDD), Enhanced Due Diligence (EDD), Local Due Diligence (LDD),Specialized Due Diligence(SpDD) and Product Due Diligence requirements (PDD)

Compare and contrast differences within KYC records , highlight amendments required to production team and also highlight escalate to compliance incase of AML Red flags

Meet firm wide quality standards

Ensure the review of the records are complete within the due date and also SLA deadlines

Exhibit the highest standards of customer service to our internal and external customers (inclusive of confidentiality)

Communicating/escalating issues to management when applicable

Handling and maintenance of confidential client documentation

Be part of the holistic client review team to follow up on outstanding alignment items within various LOBs and/or GFCC to close loop on the alignment

Be flexible to work on other migration/remediation projects including Screening resolution , other LOB holistic alignment or Quality Assurance

Comment on trends/behavior relating to account due diligence and activity review

Ability to comprehend the KYC risk factors and draft the overall risk summary for the clie

No Title

JPMorgan Chase Co (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase Co serves millions of consumers in the United States and many of the world s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase Co is available at jpmorganchase.com.

The Corporate KYC Operations works closely with the Lines of Business (LOBs) to implement and operate a sustainable and scalable operational process supporting clients along the Know Your Customer (KYC) lifecycle. This includes functions such as data collection, completion of the KYC profile, client screening, targeted local language and English language research, comparing and analyzing client profiles across all lines of business quality check and assurance. This team will also produce metrics around the work they perform.

The role is responsible for ascertaining that all KYC and AML policies are adhered to and will be responsible for conducting reviews of client s KYC documentation stored in internal repositories and publicly available information, performing the necessary screening against relevant search engines and sanction lists and communicate any additional deficiencies back to the business.

If you're interested in working in an environment where leadership, excellence, integrity, and diversity are among our core principles, then explore the opportunities at J.P. Morgan Chase.

Job Description

The KYC quality reviewer Team Leader review the records completed by production team to ensure all client KYC records are compliant with regulatory standards, and will ensure high quality and timely completion of all client-level due diligence. The role will assist in end to end Operations Reviewer and the client-facing team. This research is performed to ensure a client s KYC profile is appropriately updated and any discrepancies or issues with the profile escalated to the appropriate lines of business.

Responsibilities

Review of confidential client data via publically available and internal sources

Understand the firm s KYC requirements when reviewing documentation inclusive of Customer Identification Program (CIP), Standard Due Diligence (SDD), Enhanced Due Diligence (EDD), Local Due Diligence (LDD),Specialized Due Diligence(SpDD) and Product Due Diligence requirements (PDD)

Compare and contrast differences within KYC records , highlight amendments required to production team and also highlight escalate to compliance incase of AML Red flags

Meet firm wide quality standards

Ensure the review of the records are complete within the due date and also SLA deadlines

Exhibit the highest standards of customer service to our internal and external customers (inclusive of confidentiality)

Communicating/escalating issues to management when applicable

Handling and maintenance of confidential client documentation

Be part of the holistic client review team to follow up on outstanding alignment items within various LOBs and/or GFCC to close loop on the alignment

Be flexible to work on other migration/remediation projects including Screening resolution , other LOB holistic alignment or Quality Assurance

Comment on trends/behavior relating to account due diligence and activity review

Ability to comprehend the KYC risk factors and draft the overall risk summary for the client

Qualifications

Bachelor s Degree and/or Graduate Degree

Knowledge of KYC is essential with at least 5-8 years experience (Audit, Control, Risk, AML, and Research may also be areas of experience)

Must be able to work and contribute effectively in stressful situation

Strong research, analytical and comprehension skills, with ability to analyze large amounts of data

Client focused with strong customer service skills (e.g. oral and written communication skills)

Ability to multi-task and meet deadlines against a high volume work schedule

Experience adhering to controls and compliance standards

Able to grasp/learn concepts and procedures quickly

Possess strong computer skills: Microsoft Office Suite including Excel, Word and PowerPoint

Must be detailed oriented and analytical

Ability to work both independently and as a team in a fast paced production environment

Flexibility of operating hours to include overtime, holidays, and weekend testing

A strong sense of ownership and responsibility

Drives results through leadership, people, communication and influence

Comfortable with change, ambiguity, debate, conflict and informed risk taking

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Functional Area:  Operations Management / Process Analysis,General / Other Software
Experience:  5 - 8 years
Qualification:  ("Other in any field")
Salary:  7 Lakh to 12 Lakh INR
 
JPMorgan
Job Ad publication date: 19 Jan 2021