Job Description
At JPMorgan Chase, we offer you the opportunity to be part of a team that is at the forefront of managing risk in a complex and changing regulatory environment. As a Coverage Strategy Associate, you will play a crucial role in safeguarding the firm's business by developing solutions that balance risk and regulatory requirements with business needs. As a Global Financial Crime Compliance, Coverage Strategy, Associate in GFCC team, you will interact with senior stakeholders and gain insight into the management of operational risk in a complex global financial institution. You will help shape an ethical and conduct-focused culture, contributing to the development and success of your career through constant learning opportunities.
Job Responsibilities
- Understand AML Transaction Monitoring strategies across APAC, EMEA and NAMR regions.
- Identify false positives to improve monitoring effectiveness for various business lines.
- Suggest refinement for model improvements or redevelopment based on new themes or trends.
- Understand qualitative and quantitative analysis on existing groupings and design challenger models on Segmentation using ML algorithms
- Analyze metrics for yield optimization and provide feedback on technical solutions.
- Influence key stakeholders and drive end-state solutions.
- Develop working knowledge of transaction processing systems and product offerings.
- Analyze data to determine appropriate threshold levels with analytics support.
Required Qualifications, Capabilities, And Skills
- Bachelor's Degree in Finance, Computer Science, Engineering, or related disciplines.
- Minimum 8 years of experience in a bank, regulatory agency, or law firm, with specific AML-related experience.
- Exceptional research and analytical skills to analyze large data sets and identify high-risk attributes.
- Experience with data analytics tools such as Qlik Sense, Tableau, Alteryx, and/or Python.
- Superb written and oral communication skills to present findings clearly to all management levels.
- Strong problem-solving ability and capable of working under minimum supervision.
- Adept at multi-tasking and meeting deadlines in high-pressure environments.
Preferred Qualifications, Capabilities, And Skills
- Experience in developing monitoring strategies for Investment Bank, Private Bank, and Treasury Services products.
- Ability to draft and present documentation for senior management discussions, exams, and audits.
- Experience in supporting firm-wide governance programs and coordinating change management activities.
- Familiarity with China AML law and regulatory environment.
