Corporate - Financial Crimes Compliance Associate jobs at Jpmorgan in Chile

This includes supporting proactive client engagement, collaboration with multiple internal partners, and development of solutions to meet the strategic and complex needs of our corporate clients. You will also support key programs such as marketplace creation, corporate treasury, interest rate management, and development of assets to highlight JPM capabilities. The role involves working with Merchant Services, Working Capital & Trade, Treasury Services Sales, Corporate Bankers, the Investment Bank, and other Product Teams to ensure the appropriate coordination and growth of the defined segments.

Job Responsibilities

• Grow the assigned portfolio.
• Assist in the management of cross-functional/regional deals: support new bids by coordinating with product partners to develop solutions, understand/build pricing and profitability models, support RFP/RFI submissions, prepare client research, pitch materials, etc.
• Gain a firm understanding of clients' Treasury and Payments objectives and build a deep understanding of the industry, including understanding complex liquidity and payments structures.
• Develop account plans, briefing memos, and support relationship reviews in partnership with the client service organization; understand the client's account structure, cash flow, product usage, and global setup.
• Develop strong relationships within clients' Treasury organizations: anticipate client needs/challenges and proactively engage appropriate J.P. Morgan Payments partners to develop comprehensive solutions.
• Support and maintain existing business through a high level of client satisfaction.

Required Qualifications, Capabilities, and Skills

• 4+ years of experience in cash management, transaction banking, corporate Treasury or finance, or related field.
• Strong verbal and written communication skills with the ability to synthesize complex problems into concise conclusions, both in Spanish and English.
• Goal-driven with the ability to foster innovation and solve problems creatively.
• Strong time management, organizational, and planning skills, and ability to manage multiple priorities concurrently with keen attention to follow-up coordination.
• Ability to mobilize internal networks and resources.
• Must be proficient in Excel, Word, and PowerPoint.

Preferred Qualifications, Capabilities, and Skills

• Investment banking, commercial banking, or management consulting experience.
• Understanding (or desire to learn) basic technical concepts such as APIs, open-source software, SQL, and Python.

As a Standby Letter of Credit Structuring Specialist within the Trade and Working Capital Client Service Group, you will be responsible for reviewing and structuring Standby Letter of Credit text along with managing and facilitating the unique and complex service needs of our Global Trades client base. You will use your communication and relationship management skills to ensure an exceptional level of client satisfaction. You will be the primary point of service contact for each client within your assigned portfolio, servicing Letter of Credit requests, researching and resolving customer inquiries, reviewing account documentation, and managing internal project initiatives. Over time, you will be expected to identify products and services that may benefit clients and improve overall relationship profitability.

Job responsibilities:

• Structure and negotiate Standby LC text proficiently in accordance with procedures while mitigating risk to the bank and client.
• Provide guidance and training to team members based on knowledge of Trade products and services focusing on Standby Letters of Credit
• Negotiate new or existing transactions with clients, external legal advisors, banking and credit teams supporting Standby Letter of Credit Transactions
• Work independently and act as escalation point for complex issues to structure and resolve customer requests.
• Manage dedicated Standby Letter of Credit client portfolio having frequent interactions with internal/external clients, working with various areas of the bank for client resolution
• Ensure timely follow-up with clients, and be accountable for client satisfaction
• Serve as a liaison between the Relationship team, Operations, Treasury Management, Sales and Implementations to provide the best service to the client, your department, and the firm
• Prioritize daily workload to maximize productivity utilizing time management and organizational skills
• Create and maintain new and existing policies, procedures, and practices
• Project a confident and professional presence to our clients, other bank departments and the community

Required qualifications, capabilities and skills:

• 7+ years experience in Trade Finance / Letters of Credit
• Robust background working as advisor negotiating and structuring agreements supporting Letters of Credit
• Strong understanding of ISP98, UCP600, URDG758
• College degree, or equivalent work experience
• Strong focus on client satisfaction and building excellent relationships with customers
• Excellent communication skills with strong organizational and multi-tasking abilities
• Comfortable working within tight deadlines

Position Objective

• Primary point of contact for bankers of the Global Corporate Bank (GCB), Market Sales and the Investment Bank (IB) as well as product partners such as Payment Sales Managers regarding all matters related to the KYC program, for Peruvian and Chilean markets.
• Coordination and end-to-end management of new client onboardings in partnership with the Wholesale KYC Operations (WKO) support team
• Oversight of periodic KYC renewals
• Client outreach to collect documents, when required.
• Participate in policy initiatives and process improvements.
• Focus on risk and controls.
• Coordinate and prepare for due diligence process related to specific transactions or internal regulatory committees.
• Facilitation of operational client and business queries.
• Oversight of client coverage and strategic planning of client lists.
• Provide transparency on overall process and progress.
• Collaborate with business and support functions to spread and leverage best practices.

Qualifications

• Bachelor’s degree in finance, Business Administration, Economics, Engineering or equivalent
• 3+ years KYC policies/AML or related experience
• Excellent verbal, written and interpersonal communication skills.
• Ability and drive to take full ownership of processes.
• Strong partnership and coordination skills.
• Ability to work under pressure and tight deadlines.
• Proactive/self-starter with the ability to deliver value-added support to business partners and clients in a dependable, timely and accurate manner.
• Strong decision-making capabilities and the ability to identify problems and drive to resolution
• Deliver results in a dependable, timely and accurate manner.
• 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.
• Well organized and able to execute responsibilities; ability to prioritize multiple tasks and bring tasks to completion within established timeframes.
• Fluency in English and Spanish
• Strong Microsoft Office skills including Excel and PowerPoint

As an Associate on the Pricing team, you will be responsible for all aspects of the end-to-end client pricing life-cycle from deal/client-level profit & loss (P&L) creation through to fee agreement creation and handover to Billing for implementation and on-going invoicing of fees. You will have an opportunity to work directly in partnership with Product Management, Sales, Client Service, Operations, and others to guide the business towards commercial decisions that are aligned to overall profitability and sales pipeline targets.

Job responsibilities:

• Work with deal teams to build Excel-based P&L models in support of the deal pipeline to facilitate commercial decision making
• Undertake internal profitability analyses and/or ad hoc financial analysis – including financial data reconciliation – for existing clients
• Pro-actively research and resolve pricing and billing issues, escalating where necessary
• Create and track client fee documentation
• Provide inputs to support pricing activity for new and existing clients ensuring adherence to agreed process governance
• Organize complex information in a strategic and compelling way, demonstrating strong analytical acumen and expertise in Excel and PowerPoint techniques
• Support audit, regulatory and compliance deliverables
• Coordinate team activities and prepare materials for stakeholder meetings and Senior management presentations
• Collect and maintain internal resources and documentation on collaboration sites such as SharePoint
• Participate in collaborative initiatives with team members and global managers, looking for ways to continually simplify, improve, and add value to existing business processes

Required qualifications, capabilities, and skills:

• Bachelor’s degree in Business, Finance, Economics, or other related area
• Prior experience in Securities Services or Business Management role
• 2+ years of experience, proven experience delivering timely, high quality presentations and/or reporting for various projects and stakeholders, attention to detail is a must with continuous focus on accuracy
• Demonstrated ability in dealing with different stakeholder groups and driving the agenda
• Excellent communication, organization and project management skills
• Intermediate to advanced level ability expected in all MS Office tools (Excel, PowerPoint, Pivot Tables)
• Team player with demonstrated ability to work in and create a cohesive work environment
• Strong time management and prioritization skills
• Self-motivated, tenacious and able to work with high degree of independence
• Analytical mindset

Role Overview:

As an Associate Client Solutions Architect in Digital Channels & Connectivity, you will be part of a team that supports the sales process for the technical adoption of comprehensive product solutions for clients with complex challenges. You will be expected to quickly develop technical expertise in specific products and industries to contribute effectively to client solutions. Your role will involve tracking how clients are using our products and supporting efforts to ensure business results are realized.

Key Responsibilities:

• Support Sales in solutioning and assist in deal stages for pricing, pipeline planning, and account planning.
• Work with Clients and Sales & Service partners to understand business problems and requirements, contributing to multi-channel technical integration recommendations and solutions.
• Collaborate with stakeholders to understand client needs and contribute to solution development.
• Support tracking and analysis of client product usage to ensure successful outcomes.
• Rapidly develop and apply technical knowledge of specific products and industries to support client solutions.
• Engage with technical members of client teams to deliver presentations and technical demonstrations on product capabilities and solutions, under guidance.
• Gather and communicate client feedback to identify potential development requirements for product design enhancements.
• Develop foundational knowledge in digital channels, open banking, and emerging technologies integration solutions, including host-host, SWIFT, API, and mobile platforms.
• Attend client roundtables and strategy workshops to observe and contribute insights as needed.
• Provide market feedback to Product Managers across the product development lifecycle, assisting with concept design and feature development based on client interactions.
• Represent the organization at internal and external client conferences and trade shows, supporting senior team members.
• Contribute insights from client interactions into marketing strategy and communications plans.
• Explore opportunities to support bank representation within key industry standards bodies and workgroups.
• Assist in the configuration and modification of the firm’s products and solutions to fit client use cases, often in collaboration with Technology teams.

Required qualifications, capabilities, and skills

• Ability to learn and apply technical understanding to solution configurations in a specific domain.
• Interest in supporting Sales in pricing, pipeline planning, and account planning.
• Experience or coursework related to working with clients in a technology field and interfacing with engineers.
• Basic knowledge or interest in the payments industry, including payments products such as Payables, Receivables, Liquidity and Foreign Exchange.
• Familiarity with digital channels, open banking, and emerging technologies product sets, including API, host-host, SWIFT, internet, and mobile.
• Willingness to learn about technical standards across payments and cash management domains (e.g., JSON, ISO 20022, SWIFT).
• Interest in Finance (ERP), Treasury Management Systems (TMS), and other Fintech platforms in the corporate banking space.
• Basic understanding or willingness to learn about both legacy and on-premise and latest cloud variants of SAP and Oracle ERP platforms (finance and treasury applications context).
• Strong problem-solving skills and effective communication abilities.
• Eagerness to develop presentation skills and participate in technology demonstrations.

As a Chile Financial Crimes Compliance Officer you will work as a member of the Regional GFCC Team, reporting regionally to the Head of GFCC LatAm and also to the local Head of Compliance, assisting in the continued development and implementation of local AML regulatory requirements and Global Financial Crimes Compliance initiatives, ensuring good AML governance and oversight across all lines of business present in the country, and also being accountable to the MLRO.

Job Responsibilities:

Manage the local in-country Chile AML and CTF program ensuring adequate coverage as the business expands including, though not limited to:

• Develop and maintain local AML policies and procedures, being cognizant of new AML laws, regulations and industry best practice of the jurisdiction
• Ensure fluid communication with the local MLRO and Regional GFCC Compliance and escalation of issues, including the preparation of local management information including metrics and governance information for the Regional GFCC oversight committee.
• Analyze and review new high risk and specialized client types’ KYC as part of the Onboarding process
• Accountable to the MLRO and partner with other key areas such as Client Onboarding and Operations
• Develop and ensure a strong regional governance structure through collation of management information and oversight on regional policies and procedures
• Aid in the development of AML and Sanctions training and awareness initiatives
• Participate in regional and GFCC level projects and initiatives, partnering with other regional teams and Corporate GFCC Compliance
• Represent the region on various global AML/LOB committees
• Participate in New Business Initiatives and business expansion requirements
• Work with internal groups including partnering with LOB Compliance, Legal, Audit & Risk to ensure consistent understanding of requirements as well establishing effective relationships with the Business
• Liaison with internal auditors and examiners where required, ensuring liaison where appropriate with GFCC

Required qualifications, capabilities, and skills:

• Bachelors Degree in Finance, Business Administration, Economics, Engineering or equivalent
• 3+ years AML Compliance or related experience
• Knowledge of regulatory concepts including, but not limited to, the Bank Secrecy Act, Office of Foreign Assets Control sanctions, the USA PATRIOT Act and awareness of Chile 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
• Well organized and able to execute responsibilities; ability to prioritize multiple tasks and bring tasks to completion within established timeframes
• Excellent communication skills - both verbal and written English and Spanish, Portuguese a plus.
• Proficient in MS Office (Outlook/Word/Excel/Access/PowerPoint)
• Working knowledge of Sharepoint