Risk Management- Commercial & Investment Banking Sanctions Digital Assets Officer - Associate

Location: Washington, DC, United States

Job Family: CCOR Governance

About the Role

At JP Morgan Chase, we are at the forefront of financial innovation, and our Risk Management team plays a critical role in safeguarding the firm against evolving global threats. As a Sanctions Digital Assets Officer - Associate in the Commercial & Investment Banking division, you will join a dynamic team dedicated to guiding our lines of business through the complexities of sanctions compliance in the rapidly changing world of digital assets. Based in Washington, DC, this role falls under our CCOR (Controls, Conduct, and Operational Risk) Governance category, where you will help ensure that our banking activities remain resilient and compliant amid regulatory shifts in cryptocurrencies, blockchain, and tokenized assets. Your expertise will directly support JP Morgan Chase's commitment to ethical banking practices while enabling secure innovation in commercial lending, investment advisory, and capital markets. In this position, you will provide strategic advice on sanctions risks specific to digital asset transactions, conducting thorough due diligence and risk assessments to identify potential exposures from entities, jurisdictions, or technologies under U.S. Office of Foreign Assets Control (OFAC) scrutiny. You will collaborate closely with business leaders, legal teams, and technology specialists to develop robust compliance frameworks that integrate seamlessly with our investment banking operations. Responsibilities include monitoring regulatory developments, such as those from the Treasury Department or international bodies, and translating them into practical guidance for deal teams handling digital asset-related client engagements. This role demands a proactive approach to staying ahead of emerging risks, like sanctions on virtual currency mixers or DeFi platforms, ensuring JP Morgan Chase maintains its leadership in compliant financial services. We value professionals who thrive in a high-stakes environment and are passionate about the intersection of finance, technology, and regulation. As part of JP Morgan Chase's global network, you will have access to unparalleled resources for professional growth, contributing to initiatives that shape the future of banking. If you have a solid foundation in sanctions compliance and a keen interest in digital assets, this opportunity allows you to make a meaningful impact on one of the world's most influential financial institutions while advancing your career in risk management.

Key Responsibilities

• Advise Commercial & Investment Banking lines of business on sanctions risks associated with digital assets transactions and client activities
• Develop and implement sanctions compliance policies tailored to evolving digital asset landscapes, ensuring alignment with JP Morgan Chase's CCOR Governance framework
• Conduct risk assessments and due diligence on digital asset-related deals, identifying potential sanctions exposures
• Collaborate with cross-functional teams, including legal, compliance, and technology groups, to mitigate sanctions risks in innovative financial products
• Monitor regulatory changes in sanctions and digital assets, providing timely updates and training to business units
• Support internal audits and regulatory examinations related to sanctions compliance in digital asset operations
• Prepare reports and presentations for senior management on sanctions risk trends in commercial and investment banking
• Contribute to the enhancement of digital tools and screening processes for sanctions compliance
• Liaise with external regulators and industry groups on sanctions matters involving digital assets

Required Qualifications

• Bachelor's degree in Finance, Law, International Relations, or a related field
• Minimum of 3-5 years of experience in sanctions compliance, risk management, or regulatory affairs within the financial services industry
• Strong understanding of U.S. sanctions regulations, including OFAC guidelines and their application to commercial and investment banking
• Experience with digital assets, cryptocurrencies, or blockchain technology in a compliance or risk context
• Proven ability to analyze complex regulatory environments and provide actionable guidance to business lines
• Excellent written and verbal communication skills for interacting with senior stakeholders and regulatory bodies

Preferred Qualifications

• Advanced degree (e.g., JD, MBA) with a focus on international law or financial regulation
• Prior experience at a major financial institution like JP Morgan Chase in sanctions or AML compliance
• Knowledge of global sanctions regimes beyond U.S., such as EU or UN frameworks
• Certification in anti-money laundering (e.g., CAMS) or sanctions compliance

Required Skills

• Expertise in U.S. sanctions laws and OFAC regulations
• Knowledge of digital assets, blockchain, and cryptocurrency ecosystems
• Risk assessment and compliance program development
• Analytical thinking and problem-solving in complex regulatory scenarios
• Stakeholder management and cross-functional collaboration
• Regulatory research and interpretation skills
• Proficiency in data analysis tools for compliance monitoring
• Strong attention to detail and ethical judgment
• Excellent communication, both written and oral
• Project management abilities for implementing compliance initiatives
• Familiarity with financial crime prevention frameworks like AML/KYC
• Adaptability to fast-evolving tech and regulatory environments
• Technical proficiency in Microsoft Office Suite and compliance software
• Interpersonal skills for advising senior executives
• Global perspective on international trade and finance risks

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off, including vacation, sick days, and parental leave
• Professional development opportunities, including tuition reimbursement and internal training programs
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase locations
• Flexible work arrangements, including hybrid options in Washington, DC

JP Morgan Chase is an equal opportunity employer.