About J.P. Morgan’s Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With nearly $20 trillion of assets under custody, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
The Corporate Investment Bank, KYC Specialist team plays a critical role in ensuring that as an organization, we are compliant with multiple regulations, in order to protect the bank’s reputation and ﬁnancial assets.
The KYC Specialist team operates in close partnership with Sales, Operations, Credit, Legal and Compliance to provide eﬃcient and timely on-boarding of new/existing client relationships to the JP Morgan infrastructure.
The KYC Specialist will be responsible for managing the Front Office relationship for all business requests in Onboarding/Remediation/Renewals. The Analyst will be required to create and complete the end to end client onboarding KYC process, incorporating all due diligence documentation in to the KYC platform.
- Manage new business requests received from the Front Office and oversee the KYC process end to end
- Act as an SME and Due Diligence expert to guide clients through the KYC requirements and variation of documents which may fulfill due diligence requirements
- Conduct in-depth analysis on the ownership structure of the client on publicly available sources (not limited to company registries) or client documentation, and seek additional confirmation or approvals as required
- Work closely with the Front Oﬃce and potentially direct with clients as required, to obtain all necessary supporting evidence to fulﬁll KYC due diligence
- Liaise regularly with the business to conduct workload planning, review status of key onboarding’s and prioritize open requests
- Frequently interact with key stakeholders such as Legal, Compliance, Credit and Operations to develop strong partnerships, eliminate roadblocks and ensure continuity of information ﬂow across the groups
- Create quality KYC proﬁles ensuring accuracy, completeness and validity, incorporating multiple risk factors in compliance with global regulatory requirements
- Manage overnight screening, client exits and any other KYC related tasks as required
- Manage personal workload and priority items and ensure timely escalation of key risks/issues to management
- Keep informed of any changes to processes and procedures, regulatory change and ensure open verbal dialogue with colleagues across the region
Identify and execute process improvements, provide guidance and support on key process and technology initiatives to the business
- A working knowledge of KYC/Compliance/AML procedures and standards
- Knowledge of multiple client types (i.e. Corporates, Non-Banking Financial Institutions, SPV, Trust, F.I.’s. etc.)
- Knowledge of ﬁnancial industry with in-depth expertise in various lines of business (Corporate Investment Bank and heritage lines of business)
- Strong verbal and written communication skills
- Strong time management, organizational, relationship building skills
- Quality client focus, strong controls mind-set and strong customer service skills(e.g. oral and written communication skills)
- Prior experience of adhering to controls and compliance standards
- Ability to grasp/learn concepts and procedures quickly
Qualification & Experience:
- Knowledge of KYC & Client onboarding is essential with at least 2-4 years experience (Audit, Control, Risk, AML, and Research may also be areas of experience)
- B.S. Degree or equivalent