JPMorgan Asset Management AML Associate - fixed term contract 

Luxembourg 

391534593

As an AML Team Associate within the J.P. Morgan Asset Management organization, you will be a vital member of our first line of defense, responsible for the onboarding and due diligence of clients and intermediaries in our Luxembourg-domiciled funds. You will ensure compliance with corporate standards and regulatory requirements, working closely with Client Service teams across various jurisdictions.

Job Responsibilities:

• Perform analysis on client and intermediary documentation, prepare risk profiles, and ensure compliance with AML and tax (FATCA/CRS) requirements.
• Conduct due diligence based on received information/documents, update client KYC records, perform client and related parties screening, resolve screening alerts, and escalate exceptions as necessary.
• Instruct Transfer Agents to open client accounts upon completion of due diligence.
• Review existing investor/intermediary documentation on a periodic basis, identify and mitigate gaps through independent research or client outreach.
• Respond to queries from stakeholders and participate in investor/client calls.
• Provide management information (MI) to internal and external stakeholders.
• Research and analyze AML and regulatory topics to assist in devising departmental strategies.
• Implement and enhance procedures as required by regulation or policy, and support the delivery of the department roadmap.
• Strive to improve processes and flows to enhance accuracy, reduce redundancy, and mitigate risk.

Required Qualifications, Capabilities, and Skills:

• Client Service: Anticipate and meet client needs, develop effective relationships, and provide excellent service.
• Risk Aversion: Demonstrate attention to detail and mitigate risks.
• Adaptability: Handle work challenges confidently, adjust to shifting priorities, and show resilience.
• High Aptitude: Quickly understand technical and procedural information to solve problems.
• Effective Communication: Convey understanding of others' comments and concerns, and listen well.
• Problem Solving: Gather information systematically, consider a broad range of issues, and involve others in problem-solving.
• Teamwork: Build effective relationships and foster collaboration among team members.
• Delivering Results: Plan and organize work to achieve objectives, overcome obstacles, and exceed customer expectations.
• Continuous Improvement: Embrace change management and drive process improvements.
• Communication Skills: Strong written and presentational skills to articulate complex messages to various audiences.

Preferred Qualifications, Capabilities, and Skills:

• Education: Bachelor’s degree or equivalent experience.
• Industry Knowledge: Understanding of Asset Management and compliance principles in the financial sector.
• Technical Proficiency: Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio).
• Experience: Previous experience in AML KYC or Compliance and an AML qualification is desirable.