AML/CTF Associate – AIF Transfer Agency team

Location: Luxembourg

Job Family: Fund Servicing

About the Role

JP Morgan Chase & Co. is a leading global financial services firm with assets of $3.9 trillion and operations worldwide. We operate in over 100 markets, providing innovative solutions to clients across investment banking, consumer and community banking, commercial banking, and asset and wealth management. Within our Corporate & Investment Bank division, the Fund Servicing group plays a pivotal role in supporting alternative investment funds through transfer agency services. We are seeking an AML/CTF Associate to join our global Alternative Funds Team in Luxembourg, a key hub for European fund administration. This role offers the chance to contribute to high-profile AIF operations while upholding the highest standards of compliance in a dynamic, collaborative environment. As an AML/CTF Associate in the AIF Transfer Agency team, you will be at the forefront of ensuring robust anti-money laundering and counter-terrorist financing measures for our clients' alternative investment activities. Your primary focus will involve reviewing transactions, performing due diligence, and identifying potential risks in line with Luxembourg's stringent regulatory landscape and JP Morgan's global policies. You will work closely with fund managers, compliance officers, and operations teams to mitigate financial crime risks, supporting seamless fund servicing for hedge funds, private equity, and other AIF structures. This position demands a proactive approach to monitoring and reporting, with opportunities to influence process enhancements that drive efficiency and regulatory adherence. At JP Morgan Chase, we value integrity, innovation, and inclusion, fostering a culture where diverse perspectives fuel our success. In this role, you will gain exposure to sophisticated financial instruments and international regulations, accelerating your career in financial compliance. Luxembourg's position as a premier financial center provides an ideal setting for professional growth, with access to JP Morgan's extensive resources and mentorship programs. If you are passionate about combating financial crime and thrive in a fast-paced global team, join us to make a meaningful impact on the future of fund servicing.

Key Responsibilities

• Conduct daily AML/CTF reviews and due diligence on client transactions within the AIF Transfer Agency team
• Monitor and investigate suspicious activities related to alternative investment funds, ensuring compliance with global standards
• Collaborate with cross-functional teams to implement AML policies and procedures specific to JP Morgan's Fund Servicing operations
• Prepare and file Suspicious Activity Reports (SARs) to regulatory authorities as required
• Support the onboarding of new AIF clients, including KYC documentation and risk assessments
• Assist in audits and regulatory examinations, providing documentation and insights on AML/CTF controls
• Contribute to the development and enhancement of AML/CTF frameworks for the Alternative Funds Team
• Liaise with internal stakeholders and external partners to resolve compliance issues efficiently
• Stay updated on evolving AML/CTF regulations and industry best practices, recommending process improvements

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Law, or a related field
• Minimum of 2-3 years of experience in AML/CTF compliance within the financial services industry, preferably in funds or transfer agency
• Strong understanding of Luxembourg regulatory requirements, including CSSF guidelines and EU AML directives
• Proficiency in AML transaction monitoring and suspicious activity reporting
• Knowledge of alternative investment funds (AIFs) and their operational frameworks
• Fluency in English; additional languages such as French or German are advantageous

Preferred Qualifications

• Certification in AML/CTF, such as CAMS or equivalent
• Experience working with JP Morgan Chase or similar global financial institutions
• Familiarity with AIFMD and UCITS regulations
• Prior exposure to transfer agency operations in a Luxembourg-based environment

Required Skills

• AML/CTF compliance expertise
• Regulatory knowledge (CSSF, FATF, EU directives)
• Transaction monitoring and analysis
• KYC and due diligence procedures
• Risk assessment and management
• Attention to detail
• Analytical thinking
• Communication skills (written and verbal)
• Team collaboration
• Problem-solving abilities
• Proficiency in Microsoft Office Suite
• Experience with compliance software (e.g., Actimize or similar)
• Adaptability to fast-paced environments
• Ethical judgment and integrity
• Multilingual capabilities (English primary)

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development opportunities through JP Morgan's internal training programs
• Employee assistance program for mental health and wellness support
• Global mobility options and career progression within JP Morgan Chase
• On-site fitness facilities and subsidized gym memberships in Luxembourg

JP Morgan Chase is an equal opportunity employer.