Job Description
An exciting opportunity for you to lead and shape the future of sanctions compliance. As a Vice President in the EMEA Sanctions Client Diligence team, you will play a crucial role in managing and mentoring a team of professionals. Your work will directly impact our ability to navigate complex regulatory environments and support our global operations. Join us to make a difference and drive excellence in compliance.
As a Vice President in the EMEA Sanctions Client Diligence team, you will ensure compliance with global sanctions processes. You will manage a team, assess client sanctions risk, and adapt to a rapidly changing regulatory environment. Your role is vital in supporting our mission to maintain high compliance standards and protect the firm's reputation.
Job responsibilities
- Review and assess sanctions risks presented under HMT, EU, OFAC and other EMEA sanctions programs in the context of client sanctions due diligence in both the KYC and significant transactions in Investment Banking and Corporate Finance. Ensuring that any risk is appropriately mitigated, documented and addressed, partnering with relevant (often senior) stakeholders within the business, Global Financial Crimes Compliance ("GFCC") and GSC.
- Review and assess client's sanctions related events such as blocked or rejected transactions, activity permissible under license, voluntary self-disclosures, or sanctions related enforcement action or significant negative media.
- Support the business, GSC and GFCC in reviewing escalations to internal senior committees ensuring sanctions risks are appropriately presented.
- Conduct client due diligence calls for FinTechs or CIB clients partnering with GFCC and business.
- Escalate significant sanctions risks to EMEA Sanctions management team, relevant In-Country Compliance Officers, Line of Business Sanctions Officers, GSC and GFC Legal as required.
- Maintain and develop a good working knowledge of HMT, EU, OFAC and other EMEA sanctions programs in order to provide appropriate advice and direction to colleagues in sales, product development, operations and technology teams across multiple LOBs in the region, on sanctions related issues as it impacts their products and clients.
- Manage and mentor a team of sanctions professional, providing guidance, support, and professional development opportunities to ensure high performance and effective risk management.
Required qualifications, capabilities, and skills
- Skills in assessment of risk and making sound decisions in regard of sanction risk.
- Knowledge of Investment & Corporate Banking, as well as Payments and Correspondent banking
- Self-starter with strong presentation and organisational skills with ability to work independently under pressure and to tight deadlines yet escalate matters as appropriate.
- Analytical mind with problem management skills with clear and concise verbal and written communication.
- Demonstrate a quality focused work ethic and strong controls mind-set, understand regulatory requirements, and adhere to appropriate controls.
- Prior managerial experience required.
Preferred qualifications, capabilities, and skills
- Relevant experience of Compliance activities particularly in relation to AML/Sanctions preferred.
- Bachelor's degree (or equivalent) preferred or evidence of comparable academic / work achievement
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
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.
