Compliance- SAR Quality Assurance- Vice President

Location: San Antonio, TX, United States

Job Family: Quality

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong commitment to regulatory compliance and risk management. As a Vice President in the Compliance SAR Quality Assurance team, you will play a pivotal role in ensuring the integrity of our anti-money laundering (AML) processes. Based in our San Antonio, TX office, this position within the Quality category involves leading efforts to test and validate Suspicious Activity Reports (SARs), safeguarding our institution against financial crimes while adhering to stringent regulations like the Bank Secrecy Act and FinCEN guidelines. You will join a dynamic team dedicated to upholding the highest standards of compliance in a fast-paced banking environment, contributing directly to JP Morgan Chase's reputation as a trusted financial leader. In this role, your primary focus will be on conducting thorough quality assurance reviews of SAR filings, identifying any deficiencies in documentation, narratives, or risk evaluations. You will collaborate closely with AML investigators and cross-functional teams to refine QA processes, implement enhancements, and monitor compliance effectiveness. By analyzing trends in SAR quality and preparing insightful reports for senior leadership, you will help drive continuous improvement in our AML program. This position requires a deep understanding of financial services regulations and the ability to navigate complex transaction data, ensuring that all reports meet both internal policies and external regulatory expectations. JP Morgan Chase values innovation and professional growth, offering ample opportunities for you to advance your career in compliance. As part of our team, you will benefit from exposure to cutting-edge technologies in regulatory reporting and a supportive culture that emphasizes work-life balance. If you are a seasoned compliance professional passionate about quality assurance in the financial sector, this role provides a platform to make a meaningful impact on global banking operations while advancing your expertise in AML and SAR management.

Key Responsibilities

• Lead the quality assurance review process for Suspicious Activity Reports (SARs) to ensure compliance with federal regulations and internal JP Morgan Chase policies
• Conduct detailed testing and validation of SAR narratives, supporting documentation, and risk assessments for accuracy and regulatory adherence
• Identify and escalate potential gaps or inconsistencies in SAR filing processes to senior compliance leadership
• Collaborate with AML investigators, business units, and technology teams to enhance QA methodologies and implement process improvements
• Develop and maintain QA testing frameworks, including sampling methodologies and performance metrics for SAR quality
• Monitor regulatory updates from FinCEN, OCC, and other bodies, and assess their impact on SAR QA procedures at JP Morgan Chase
• Train and mentor junior QA analysts on best practices for SAR review and compliance standards
• Prepare reports and dashboards on QA findings, trends, and remediation actions for management review
• Support internal audits and regulatory examinations by providing QA documentation and evidence of compliance effectiveness
• Contribute to the continuous improvement of JP Morgan Chase's AML program through innovative QA testing approaches

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Law, or a related field
• Minimum of 7-10 years of experience in financial services compliance, with a focus on anti-money laundering (AML) and suspicious activity reporting (SAR)
• In-depth knowledge of regulatory requirements including Bank Secrecy Act (BSA), FinCEN regulations, and OCC guidelines
• Proven experience in quality assurance testing for compliance processes within a large financial institution
• Strong analytical skills with the ability to review and validate SAR filings for accuracy and completeness
• Experience with compliance management systems and data analytics tools used in banking
• Ability to obtain and maintain relevant certifications such as CAMS (Certified Anti-Money Laundering Specialist)

Preferred Qualifications

• Advanced degree (MBA or JD) in a relevant field
• Prior experience at a major bank like JP Morgan Chase in AML compliance roles
• Familiarity with automated SAR filing systems and regulatory reporting software
• Leadership experience in managing QA teams or projects in a high-volume financial environment
• Knowledge of emerging risks in digital banking and cryptocurrency compliance

Required Skills

• Expertise in AML and SAR regulations
• Proficiency in compliance testing and quality assurance methodologies
• Strong analytical and problem-solving abilities
• Attention to detail for reviewing complex financial transactions
• Excellent written and verbal communication skills
• Knowledge of banking systems and transaction monitoring tools
• Data analysis skills using Excel, SQL, or similar tools
• Regulatory interpretation and application
• Project management and process improvement expertise
• Team collaboration and leadership
• Risk assessment and mitigation strategies
• Familiarity with FinCEN SAR filing requirements
• Adaptability to evolving regulatory landscapes
• Technical proficiency in compliance software platforms
• Ethical judgment in high-stakes financial compliance scenarios

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick days, and parental leave
• Professional development opportunities through JP Morgan Chase's internal training programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• Wellness programs including gym memberships and mental health support
• Flexible work arrangements and hybrid options for eligible roles

JP Morgan Chase is an equal opportunity employer.