Job Description

Job Description

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities.  Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Global Financial Crimes Compliance KYC Policy and Strategy Executive Director within the Compliance Conduct and Operational Risk organization, your role will involve managing the Firm’s KYC Policy and Strategy. You will focus on the ongoing maintenance of the Global KYC Standard to address regulatory changes, business growth, and emerging financial crime risks. You will further develop the Firm’s KYC program, work with senior management across all lines of business (LOBs) on KYC matters, and ensure KYC requirements are properly implemented, maintained and kept current with applicable legal and regulatory requirements around the world.  You will have deep knowledge and experience in compliance risk management, as well as with regulation, policy writing, and audit best practices. You must also have the ability to form strong partnerships with LOBs and global/regional Compliance teams, Internal Audit, Operational Risk and other control functions.

Job Responsibilities

• Drive strategy for maintaining the Global KYC Standard so that requirements evolve to address: changing laws, regulations, and expectations; geographic, product, and customer type expansion; modernization; and new and emerging risks. 
• Manage teams responsible for making updates to policy requirements in accordance with change management and governance processes, as well as in partnership with LOB and Compliance stakeholders. 
• Work with the LOBs on KYC-related matters, including providing credible challenge as the Firm’s KYC subject matter expert, especially with regard to the Firm’s Global KYC Standard. 
• Understand the regulatory landscape to quickly identify and adapt to emerging compliance risks for KYC and augment the program accordingly.
• Assess, identify and escalate potential KYC compliance issues; influence related remediation activities, including timely closure of action plans developed in response to issues identified via LOBs, Compliance monitoring, internal audits and regulatory examinations.
• Develop and maintain strong partnerships with senior business management and counterparts in Legal, Audit, Control, and Risk. 
• Partner closely with senior compliance officers covering KYC across the Firm to confirm consistent interpretation and application of existing and new regulatory requirements – including both the letter and spirit of the law.
• Provide thought leadership by driving change through an entrepreneurial mindset.
• Develop management, stakeholder, and regulator presentations in order to communicate issues, recommendations, and status of initiatives as needed.
• Participate in industry discussions and white papers to contribute subject matter expertise. 

Required qualifications, capabilities, and skills

• Bachelor’s degree. 
• 10+ years AML/BSA/KYC Compliance or other related experience such as Risk management, Audit or similar Control-related experience that includes policy writing.
• Strong understanding of relevant statutory and regulatory AML/KYC requirements globally, with the ability to understand, interpret and apply complex regulatory requirements to business practices.
• Ability to establish credibility, strong partnerships and influence a broad stakeholder group which includes regulators, senior business leaders, control functions, and corporate partners globally.
• Possess strong written and oral executive-level communications skills.

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our  FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Our Compliance teams work globally across all lines of business to advise internal stakeholders on the impact of regulatory requirements and how to balance these with the firm’s needs. Their diverse mandate means they also provide input on new business strategies, product lines, policies, training, operational processes, risk mitigation and control.

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