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 http://www.jpmorganchase.com/ .
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
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
Knowledge of VBA editor to create, edit, and troubleshoot macros
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.