Compliance department is working diligently to present all business partners with innovative, thoughtful and tailored solutions to the challenges they face. The Compliance function has a strong culture which is focused on delivering first class support to the business while providing a credible challenge where necessary. It seeks to promote best practice, foster employee development and deliver the goals of the Firm wide Risk organisation.

The Markets Compliance team is responsible for providing advice, providing check and challenge to the business, setting policies, providing training and real-time interpretation of financial regulations to the EMEA Markets businesses. The team forms part of the EMEA Compliance Department which covers JPMorgan’s Corporate and Investment Banking, Security Services, Asset Management and Private Banking businesses in the region.

As an Associate you will join the Markets Compliance team, providing primary line of Business relationship management and regulatory support to the respective Sales and Trading functions of the EMEA Credit Market businesses. These are leading global FICC businesses that provide a wide range of investment banking services to a wide range of clients in EMEA.

You will be liaising with other members of the Markets Compliance team, as well as the wider Compliance department (e.g. Control Room, Surveillance, Testing) as and when necessary.

Job responsibilities

• Assessing the impact of new financial regulations and setting appropriate internal Compliance policies and procedures and keeping them up to date
• Preparing Compliance training materials and conducting programmed and ad hoc training where necessary
• Providing real-time interpretation of internal Compliance policies and procedures in response to ad hoc enquiries from front and middle office
• Investigating and resolving escalation alerts from Compliance Surveillance, front and middle office.
• Performing risk-based Compliance monitoring tests
• Assisting in performing and updating the Compliance risk assessments for the EMEA Commodities, Currencies and Emerging Market businesses
• Assisting in ad hoc administrative tasks of the team

Required qualifications, capabilities, and skills

• Familiarity with FICC market structures, products and the relevant UK, EU and US regulations and exchange rules, particularly, MiFID2, Market Abuse Regulation, EMIR and Dodd-Frank rules. If you are a candidate from outside the region, you are expected to be familiar with the equivalent regulations in your local jurisdiction, on subjects such as management of conflicts of interest, prohibition of insider dealing and market manipulation, mandatory trading and clearing of derivatives and fair treatment of clients
• Ability to work independently while having sufficient experience to know when to escalate an issue is essential
• Ability to manage relationships with the businesses at all levels
• Proactive, and able to think critically about presented information, and comfortable with subjective situations. Ready to ask appropriate questions and effectively challenge where needed

Preferred qualifications, capabilities, and skills

• Understanding in at least one of the following areas: Credit, Rates, Commodities, FX spot and derivatives markets, and/or Emerging Markets across all FICC asset classes
• Relevant experience of performing a Compliance, Risk or Control role in a global investment bank