Compliance Officer Associate

Location: Istanbul, Türkiye

Job Family: CCOR LOB/CF/Country Coverage

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.9 trillion and operations worldwide. In Turkey, our Istanbul Branch plays a vital role in serving corporate and investment banking clients. We are seeking a Compliance Officer Associate to join our team as the registered Assistant Money Laundering Reporting Officer (MLRO) for JPMCB Istanbul Branch. This role is pivotal in safeguarding the firm against financial crime while ensuring seamless operations in the dynamic Turkish market. Reporting to the Branch MLRO and collaborating with the broader CCOR (Corporate & Investment Bank Compliance, Conduct & Operational Risk) team, you will contribute to maintaining JPMorgan Chase's reputation for integrity and regulatory excellence. As Assistant MLRO, you will oversee the implementation of anti-money laundering (AML) programs tailored to Turkish regulations from the Banking Regulation and Supervision Agency (BRSA) and aligned with global standards like FATF and JPMorgan Chase's enterprise-wide policies. Your responsibilities will include conducting thorough risk assessments, investigating suspicious activities, and filing reports with authorities such as the Financial Crimes Investigation Board (MASAK). You will also provide expert guidance to business lines on compliance matters, ensuring that all client onboarding, transaction monitoring, and product launches adhere to both local and international requirements. This position demands a proactive approach to staying ahead of regulatory changes, including those related to sanctions, know-your-customer (KYC), and counter-terrorism financing. In this role, you will foster a strong compliance culture by delivering targeted training and working closely with cross-functional teams in Istanbul and globally. Opportunities for impact are significant, as you support the branch's growth while mitigating risks in a high-stakes environment. At JPMorgan Chase, we value diverse perspectives and offer robust support for professional growth, making this an ideal opportunity for a compliance professional passionate about financial integrity in emerging markets.

Key Responsibilities

• Serve as the registered Assistant MLRO for JPMCB Istanbul Branch, reporting directly to the MLRO and supporting all AML compliance activities
• Monitor and ensure adherence to Turkish AML laws, BRSA regulations, and JPMorgan Chase's global financial crime policies
• Conduct risk assessments for clients, transactions, and products specific to the Turkish market, identifying potential money laundering or terrorist financing risks
• Investigate suspicious activities, prepare and file Suspicious Transaction Reports (STRs) with relevant authorities, and maintain accurate records
• Develop and deliver AML training programs for branch staff, promoting a culture of compliance within the Istanbul team
• Collaborate with global JPMorgan Chase compliance teams to align local practices with firm-wide standards
• Advise senior management on regulatory changes impacting the branch and recommend mitigation strategies
• Perform periodic audits and reviews of compliance controls, ensuring timely remediation of identified issues
• Liaise with external regulators, auditors, and law enforcement in Turkey on compliance matters
• Support the integration of new products or services into the branch while ensuring full regulatory compliance

Required Qualifications

• Bachelor's degree in Law, Finance, Business Administration, or a related field
• Minimum of 3-5 years of experience in compliance, anti-money laundering (AML), or regulatory roles within the financial services industry
• Registration or eligibility to be registered as an Assistant Money Laundering Reporting Officer (MLRO) with Turkish regulatory authorities
• In-depth knowledge of Turkish financial regulations, including those from the Banking Regulation and Supervision Agency (BRSA) and Capital Markets Board (CMB)
• Strong understanding of international AML standards such as FATF recommendations and EU directives applicable to cross-border banking
• Fluency in English and Turkish, with excellent written and verbal communication skills
• Ability to obtain necessary security clearances and comply with JPMorgan Chase's ethical standards

Preferred Qualifications

• Advanced degree (Master's or JD) in Law or Compliance
• Experience working in a multinational bank, preferably with exposure to JPMorgan Chase's compliance frameworks
• Certification in AML such as CAMS (Certified Anti-Money Laundering Specialist) or equivalent
• Prior role in country coverage or branch compliance for a foreign bank in Turkey
• Familiarity with JPMorgan Chase's internal policies on financial crime prevention

Required Skills

• Expertise in AML compliance frameworks and regulatory reporting
• Proficiency in risk assessment and due diligence processes
• Strong analytical skills for investigating financial transactions
• Excellent knowledge of Turkish banking laws and international sanctions
• Effective communication and stakeholder management abilities
• Attention to detail and problem-solving in complex regulatory environments
• Project management skills for compliance initiatives
• Technical proficiency in compliance software and data analysis tools like Excel or Tableau
• Adaptability to evolving regulatory landscapes
• Ethical judgment and integrity in handling sensitive information
• Team collaboration in a multicultural, global setting
• Time management to handle multiple priorities
• Report writing and presentation skills for regulatory submissions
• Understanding of financial products and services in emerging markets
• Crisis management for compliance incidents

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 JPMorgan Chase's internal training programs and tuition reimbursement
• Employee assistance program for mental health and wellness support
• Flexible working arrangements, including hybrid options where applicable
• Access to global mobility programs and career advancement within JPMorgan Chase

JP Morgan Chase is an equal opportunity employer.