GlobalCompliance- Financial Crimes – Detect/Report Officer – Associate

Location: Newark, DE, United States

Job Family: Compliance

About the Role

At JP Morgan Chase, we are a leading global financial services firm committed to fostering a culture of integrity and compliance. As a Global Compliance - Financial Crimes – Detect/Report Officer – Associate in our Newark, DE office, you will play a critical role in safeguarding our clients and the broader financial system against illicit activities. This position within the Compliance category involves investigating suspicious transactions and ensuring adherence to Anti-Money Laundering (AML) regulations, including the Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) sanctions. You will leverage advanced detection tools to identify potential financial crimes, such as money laundering and terrorist financing, across our global operations, contributing to the firm's reputation as a trusted steward of client assets. In this associate-level role, your primary focus will be on conducting in-depth reviews of alerts generated by JP Morgan's sophisticated monitoring systems. You will analyze complex transaction data, customer profiles, and behavioral patterns to determine if activities warrant further escalation. Responsibilities include preparing detailed Suspicious Activity Reports (SARs) for submission to regulatory bodies like FinCEN, collaborating with international teams to address cross-border risks, and supporting the continuous improvement of our financial crimes detection framework. This role demands a proactive approach to staying abreast of emerging threats, such as those involving digital assets, while maintaining the highest standards of confidentiality and accuracy in a high-volume environment. Joining JP Morgan Chase offers you the opportunity to work with world-class professionals in a dynamic, supportive atmosphere. We value diverse perspectives and provide robust training to help you excel in financial crimes compliance. This position not only allows you to protect our global client base but also positions you for career growth within one of the world's most admired financial institutions, where your expertise directly impacts our commitment to ethical banking practices.

Key Responsibilities

• Conduct thorough investigations into suspicious activities identified through transaction monitoring systems to detect potential financial crimes
• Analyze customer transactions, patterns, and relationships to identify red flags in compliance with AML and KYC regulations
• Prepare and file Suspicious Activity Reports (SARs) with regulatory authorities such as FinCEN, ensuring accuracy and timeliness
• Collaborate with cross-functional teams, including legal, risk, and business units, to mitigate compliance risks globally
• Monitor and review alerts from automated detection systems, escalating high-risk cases as needed
• Maintain detailed documentation of investigations and outcomes to support audit and regulatory examinations
• Stay updated on evolving AML regulations and financial crime typologies to enhance detection strategies
• Support training initiatives for junior staff on financial crimes detection and reporting procedures
• Contribute to the development and refinement of compliance policies specific to JP Morgan Chase's global operations

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Criminal Justice, or a related field
• Minimum of 2-3 years of experience in financial crimes investigation, AML compliance, or related regulatory roles within the financial services industry
• Strong understanding of Anti-Money Laundering (AML) regulations, including BSA, OFAC, and FinCEN requirements
• Proficiency in using compliance software and tools for transaction monitoring and case management
• Ability to work in a fast-paced, high-volume environment with attention to detail
• Excellent analytical and problem-solving skills for identifying suspicious patterns
• Clearance to work in the United States without sponsorship

Preferred Qualifications

• Certified Anti-Money Laundering Specialist (CAMS) certification
• Experience in global financial institutions with exposure to cross-border transactions
• Knowledge of emerging financial crimes trends, such as cryptocurrency-related laundering
• Prior experience at JP Morgan Chase or similar Tier 1 bank in compliance functions
• Advanced degree in Law, Risk Management, or related discipline

Required Skills

• AML regulatory knowledge
• Transaction analysis
• SAR filing expertise
• Data analytics and pattern recognition
• Regulatory reporting
• Case investigation techniques
• KYC compliance
• Risk assessment
• Attention to detail
• Analytical thinking
• Communication skills
• Team collaboration
• Problem-solving
• Adaptability to regulatory changes
• Proficiency in tools like Actimize or similar compliance software

Benefits

• Comprehensive health, dental, and vision insurance plans with employer contributions
• 401(k) retirement savings plan with generous company matching
• Paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for certifications like CAMS
• Employee stock purchase plan and performance-based bonuses
• Wellness programs including gym memberships and mental health support
• Flexible work arrangements and hybrid options in Newark, DE
• Access to JP Morgan's global mobility programs for career advancement

JP Morgan Chase is an equal opportunity employer.