• Job Description

  Req#: 210442705

  Position Description

  The Latin America Financial Crimes / AML Compliance Manager will work as a member of the regional Global Financial Crimes Compliance Advisory team assisting in the continued development and implementation of its initiatives. Management of AML risks related Wholesale Payments including those associated to Foreign Correspondent Banking relationships and Fintechs/Crypto clients such as AML due diligence, sanctions related matters, as well as escalations, training and presentations would be the core responsibilities. The individual in this role will also support product implementation and business expansion establishing and developing effective relationships with business partners, and contributing to policy, governance and procedural enhancements as well as various ad hoc AML projects.

  Department

  Compliance

  Reports to

  WP Global Financial Crimes Compliance Head for Latin America

  Job Responsibilities

  • Support Line of Business in performing required AML due diligence for Foreign Correspondent Banks/Fintech/Crypto clients, in a timely manner, coordinate follow up actions and review reports to ensure that the content of the AML program is in according to standards and documented as expected and advising the business on related risks when identified.
  • Contribute to the AML event management and related processes, including but not limited to weekly review of all the pending inquiries for LATAM, identify those inquiries overdue and escalate to TSM. Participate in periodic assessment and work on Monthly Global Financial Crimes Compliance MIS among other metrics.
  • Review all customer escalations, regulatory fines, and sanctions issues for LatAm TS/FCB/Fintech client, analyze for inherent risk, propose mitigations, and ultimately execute agreed upon action plans, keeping the Line of Business and Management appraised throughout.
  • Support Business/Product Expansion ensuring adequate coverage, which will require being cognizant of AML laws, regulations and industry best practice of the different Latam jurisdictions.
  • Advisory and ad-hoc projects for the Wholesale lines of business on Sanctions matters working with the Regional Sanctions Officer Work with internal groups including partnering with Compliance, Legal, Client Onboarding, Operations, Audit and Risk to ensure consistent understanding of requirements as well as establishing effective relationships with the Business.
  • Participate in regional level projects and initiatives, partnering with other regional teams and Global Financial Crimes Compliance.
  • Represent the country and/or region on various global AML/Sanctions/Line of Business committees.

  Term and model of employment

  Full time employee

  Location

  Brazil Office

  Required Qualifications, Skills and Capabilities

  • Bachelor’s degree (or equivalent)
  • 3 to 5 years AML Compliance or related experience
  • Excellent communication skills - both verbal and written English and Portuguese.
  • Experience in a control or risk function including AML/Sanctions related experience.
  • Extensive Knowledge of regulatory concepts including, but not limited to, the Bank Secrecy Act, Office of Foreign Assets Control sanctions, the USA PATRIOT Act and LatAm in-country Regulatory requirements.
  • Ability to use information effectively and have an eye to detail.
  • Demonstrated skills in risk assessment. The ability to make sound decisions, including escalation when appropriate.
  • Proactive and team oriented with good interpersonal skills.
  • Well organised and able to execute responsibilities with minimal supervision; ability to prioritize multiple tasks and bring tasks to completion within established timeframes.
  • Have strong interpersonal skills, and be able interact effectively with senior management in both AML Compliance and the business
  • Proficient in MS Office (Outlook/Word/Excel/Access/PowerPoint).
  • Interest in subject.

• About the company

  J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients'​ interests first.

Notice