Vice President, Private Banking GFCC Investigations, Hong Kong

Full-time
Junior (less than 3 years)

Technical Skills

  • Accountancy
  • Anti Money Laundering (AML)
  • Audit
  • Cash Management
  • Compliance
  • Filing
  • Fund Accounting
  • Microsoft Excel
  • Microsoft Powerpoint
  • Microsoft Word
  • Operational Risk
  • Project Management
  • Quality Assurance
  • Quality Control
  • Risk Management
  • Scheduling
  • Training
  • Treasury
  • Wealth Management

Job Description

Vice President, Private Banking GFCC Investigations, Hong Kong

Location: HK-Hong Kong-Hong Kong-One Island East / 31141

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/

Business Description

JP Morgan Chase Asia regional Anti Money Laundering (AML) Compliance Team is responsible for implementation and oversight of AML and sanctions initiatives for the firm's businesses in Asia. You will expect to engage mostly with the Private Bank.

J.P. Morgan's Private Bank offers expertise across wealth management disciplines to help ultra high net worth clients advance toward their goals. Private Bank is organized in four global regions: Asia, Europe and the Middle East, Latin America, and the United States.

Job Function

The successful candidate will be expected to:
  • Provide centralized surveillance to detect patterns of money laundering
  • Identify and report suspicious activities in accordance with filing requirements.

Specific responsibilities includes:

  • Disposition the automated and manual cases through investigative processes

  • Use a variety of intelligence, data sources, and tools to investigate activity that has been associated with money laundering or the financing of terrorism.

  • Identify and refer Significant SARs to Legal

  • Prepare and file suspicious activity reports in accordance with local laws

  • Presenting recommendations to senior Compliance members for discussion; and articulating arguments to substantiate recommendations and presenting arguments in writing

  • Serve as primary interface with the lines of business and law enforcement for all AML investigation related matters

  • Deal on a timely basis with enquiries from Regulators, Law Enforcement Bodies and internally from the business

  • Provide updates to senior management on the overall effectiveness of program

  • Assist in managing a team of experienced investigators and the expansion of the team ensuring appropriate skill sets

  • Conduct AML/CTF related investigation trainings to investigators, other compliance members or the lines of business when required

  • Produce, review and act on Monitoring & Investigations related management information at an APAC level as required per firm's MIS reporting framework

  • Implement and maintain relevant inspection and repair (quality control) processes

  • Assist with establishing and maintaining functionally-aligned, but managerially-segregated quality testing (quality assurance)

  • Assist in implementation of global TM&I policies and procedures in Asia, both with business and within Asia GFCC team

  • Assist with and manage implementation of AML related projects and support other AML units on an ad-hoc basis

Qualifications

Essential Skills/Experience:
  • Meticulous

  • Strong management and leadership skills, including effective project management abilities

  • Good communication and organizational skills

  • Strong analytical ability and logical thinking

  • Independent decision maker, able to make time-sensitive assessments

  • Ability to work under pressure

  • Occasional travel may be expected
Preferred Skills/Experience:
  • Law / Accounting / Business / Finance Degree

  • Minimum 7 - 8yrs of relevant Compliance management experience in Risk or AML related discipline preferably with a global financial institution

  • Sound knowledge of AML / Financial Crime regulations in APAC, including in-depth practical experience in implementing/advising on AML Monitoring & Investigations and SAR filings

  • Knowledgeable in Microsoft applications - Excel, Word and PowerPoint.
Language requirements:
  • Able to speak and write in English fluently. Fluent writing ability in Cantonese and / or Mandarin will be a plus.
Employment TypeFull-time
Career LevelJunior (less than 3 years)
Education LevelNon-specified
LanguageEnglish, Cantonese, Mandarin (Putonghua)
JPMorgan Chase BankFinancial Services, Retail and Commercial Banking

1101-1102 & 1118-1120 Level 22 Tower 1, Grand Century Place, 193 Princess Edward Road West, Mongkok, Kowloon, Hong Kong

directions_walk18 mins walk from Prince Edward Station