JPMorgan Chase Compliance Operations-Due Diligence Operations Analyst in Newark, Delaware

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, 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 .

The Chief Administrative Office Operations team supports compliance, and manages and maintains reference data to ensure that our customers, employees, and lines of business are in adherence with firm standards and required regulations.

Our mission is to improve the quality of reference data used across the organization and provide compliance operational support across the firm’s global businesses and functions. We are driving a culture of quality and continuous improvement toward the best outcome for client experience, our colleagues and JPMorgan Chase. We do the right thing, even when it’s not the easy thing.

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.

The Due Diligence Unit conducts background investigations of potential or existing clients of the bank. We primarily support the Private Bank teams globally, conducting 150,000 checks annually. Research attempts to find derogatory/background information that will assist client advisors with their KYC requirements.

As a Due Diligence Operations Analyst, responsibilities include:

  • Due Diligence case request set up and delivery into the case management system for research consumption

  • Identify and ensure inclusion of the requisite entities to be researched during the due diligence review process

  • Facilitate research outside of the local Due Diligence Operations research team by utilizing external vendors

  • Research, document and analyze background information on JPMorgan’s prospective and existing clients through public record databases; research includes: negative media, Politically Exposed Person (PEP) & sanctions

  • Ability to identify & deem relevancy of public records, as it relates to customer information

  • Conduct specialized research to determine disposition of any open records

  • Summarize and communicate derogatory information in written form

  • Compile research data into a standardized report and forward to review for accuracy of findings within 3 business days

  • Properly identify risks and escalate derogatory/high risk findings to Senior Management; risks include but not limited to – PEP, High Risk Global Jurisdictions and Specially Designated Nationals (SDN) / Office of Foreign Assets Control (OFAC) matches

  • Exercise sound judgment and observe the highest degree of confidentiality

  • Perform reconciliations of incoming requests between source systems and case management application

  • Data analysis and manipulations across multiple systems and spreadsheets to perform desired outcome and product

  • Current JPMorgan Chase Intern

  • Must have at least one year of experience in a professional work environment

  • Demonstrated research, analytical and comprehension skills, with ability to analyze and summarize large amounts of data

  • Ability to consistently meet production goals while maintaining high quality standards

  • Attention to detail

  • Well organized, self starter

  • Demonstrated ability to multi-task and meet deadlines in high -pressure environment

  • Strong verbal and written communication skills to articulate and document alert dispositions, report summarizations and escalations

  • Strong interpersonal skills; results-oriented team player

  • Flexible and adaptable to changing work processes

  • Advanced skills with Microsoft Word and Microsoft Excel

Preferred skills:

  • Knowledge of Compliance, KYC/Due Diligence

  • Fluency in Spanish or Portuguese

  • Familiarity with public records

  • Relevant course work in criminology, law and logic

  • Knowledge of “Boolean Search” logic techniques

  • Experience with LexisNexis

  • Bachelor’s Degree

  • Legal background

  • Knowledge of VBA editor to create, edit, and troubleshoot macros

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.