AML/CTF Associate – AIF Transfer Agency team – 12 months contract

Location: Luxembourg

Job Family: Fund Servicing

About the Role

Join JP Morgan Chase's dynamic Global Alternative Funds Team as an AML/CTF Associate on a 12-month contract within the Transfer Agency Department in Luxembourg. This role offers a unique opportunity to contribute to the fund servicing operations of one of the world's leading financial institutions, focusing on anti-money laundering (AML) and counter-terrorism financing (CTF) compliance for alternative investment funds (AIFs). You will play a critical part in safeguarding the integrity of our clients' transactions, ensuring adherence to stringent Luxembourg and international regulatory standards in a collaborative, high-impact environment. In this position, you will perform detailed due diligence, monitor transactions for suspicious activities, and support the seamless onboarding of clients to our AIF platforms. Working closely with transfer agency specialists and compliance experts, you will help mitigate risks associated with fund transfers and investments, leveraging JP Morgan's cutting-edge technology and global resources. Your contributions will directly support our commitment to ethical financial practices and regulatory excellence in the alternative investments sector. At JP Morgan Chase, we value innovation, integrity, and professional growth. This contract role provides exposure to sophisticated fund servicing operations and the chance to build expertise in a key European financial hub. If you are passionate about AML/CTF compliance and eager to make an impact in the financial services industry, apply now to be part of our world-class team.

Key Responsibilities

• Conduct thorough AML/CTF due diligence on clients and transactions within the AIF Transfer Agency team
• Review and monitor client onboarding processes to ensure compliance with regulatory standards
• Investigate suspicious activities and prepare SARs (Suspicious Activity Reports) as needed
• Collaborate with global teams to implement AML/CTF policies specific to alternative investment funds
• Perform ongoing transaction monitoring and risk assessments for fund transfers
• Support audits and regulatory reporting related to AML/CTF in Luxembourg
• Assist in training team members on AML/CTF best practices
• Maintain accurate records of compliance activities and client interactions
• Liaise with internal stakeholders to mitigate AML/CTF risks in fund servicing operations
• Contribute to process improvements in transfer agency workflows to enhance compliance efficiency

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field
• Minimum of 2 years of experience in AML/CTF compliance within the financial services industry
• Strong understanding of Luxembourg regulatory requirements for alternative investment funds
• Proficiency in AML/CTF frameworks such as FATF recommendations and EU AML Directives
• Experience in transfer agency operations for AIFs
• Fluency in English; knowledge of French or German is advantageous
• Eligibility to work in Luxembourg with relevant work permits

Preferred Qualifications

• Certification in AML/CTF (e.g., CAMS or equivalent)
• Prior experience with JP Morgan Chase or similar global financial institutions
• Knowledge of AIFMD and UCITS regulations
• Background in fund servicing or alternative investments
• Experience using KYC/AML software tools

Required Skills

• In-depth knowledge of AML/CTF regulations and compliance frameworks
• Proficiency in financial transaction analysis and risk assessment
• Strong attention to detail and analytical thinking
• Excellent communication and interpersonal skills
• Ability to handle confidential information with integrity
• Technical proficiency in Microsoft Office Suite and compliance software
• Understanding of alternative investment funds (AIFs) and transfer agency processes
• Problem-solving skills for complex regulatory scenarios
• Time management and ability to prioritize tasks in a fast-paced environment
• Team collaboration and cross-functional coordination
• Familiarity with data privacy laws (e.g., GDPR)
• Research skills for regulatory updates and industry trends
• Adaptability to evolving compliance requirements
• Basic knowledge of Luxembourg financial market operations
• Ethical judgment in high-stakes financial environments

Benefits

• Competitive hourly rate for contract positions with potential for extension
• Access to JP Morgan's comprehensive health and wellness programs
• Professional development opportunities through internal training and certifications
• Employee assistance programs including counseling and financial planning support
• Hybrid work flexibility in Luxembourg office, subject to business needs
• Pension contributions and life insurance options
• Global mobility support and networking events within JP Morgan Chase
• Paid time off and holiday entitlements aligned with Luxembourg standards

JP Morgan Chase is an equal opportunity employer.