Senior Internal Audit Associate - Anti-Money Laundering

Location: Jersey City, NJ, United States

Job Family: Auditing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with operations spanning investment banking, consumer and community banking, commercial banking, and asset and wealth management. Our Internal Audit group plays a critical role in safeguarding the firm by providing independent assurance on the effectiveness of governance, risk management, and internal controls. As a Senior Internal Audit Associate focused on Anti-Money Laundering (AML), you will join a dynamic team in Jersey City, NJ, dedicated to combating financial crimes and ensuring our AML programs meet the highest standards of regulatory compliance and operational integrity. This role offers the opportunity to contribute to audits that protect our clients, employees, and the broader financial system from illicit activities. In this position, you will lead and participate in end-to-end audit engagements targeting AML processes, including customer onboarding, ongoing monitoring, and reporting of suspicious activities. You will assess compliance with key regulations such as the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC) sanctions, and FinCEN guidelines, while identifying opportunities to strengthen controls within JP Morgan Chase's vast network of banking services. Collaborating with cross-functional teams across the firm, you will analyze transaction data for red flags, recommend enhancements to mitigate money laundering risks, and support the firm's commitment to ethical banking practices. Your work will directly influence how we maintain trust with regulators, clients, and stakeholders in a highly scrutinized industry. We value professionals who bring deep expertise in AML auditing and a passion for continuous improvement. At JP Morgan Chase, you will have access to cutting-edge tools, robust training programs, and a collaborative culture that fosters innovation in audit methodologies. This role not only challenges you to apply your skills in a fast-paced environment but also provides pathways for career growth within one of the world's most respected financial institutions. Join us to make a meaningful impact on global financial integrity.

Key Responsibilities

• Conduct comprehensive audits of AML programs, policies, and procedures to ensure compliance with regulatory requirements and internal standards
• Evaluate the effectiveness of internal controls related to customer due diligence, transaction monitoring, and suspicious activity reporting
• Identify and assess risks associated with money laundering and terrorist financing within JP Morgan Chase's operations
• Develop audit plans, execute fieldwork, and prepare detailed reports with actionable recommendations
• Collaborate with business units, compliance teams, and senior management to remediate audit findings
• Perform data analysis using tools like ACL or Tableau to detect anomalies in financial transactions
• Stay abreast of evolving AML regulations and industry best practices to enhance audit methodologies
• Support regulatory examinations and internal quality assurance reviews
• Mentor junior auditors and contribute to the continuous improvement of the Internal Audit group's AML capabilities
• Document audit evidence and ensure adherence to professional auditing standards such as those from the IIA

Required Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field
• Minimum of 3-5 years of experience in internal auditing, with a focus on Anti-Money Laundering (AML) or financial crimes compliance
• Professional certification such as Certified Anti-Money Laundering Specialist (CAMS) or Certified Internal Auditor (CIA)
• Strong understanding of AML regulations including BSA, OFAC, and FinCEN requirements
• Experience in financial services industry, preferably in banking or investment services
• Proficiency in audit methodologies and risk assessment techniques
• Ability to travel up to 20% for on-site audits

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or equivalent
• Experience working in a Big Four firm or large financial institution like JP Morgan Chase
• Knowledge of data analytics tools for AML monitoring and transaction review
• Familiarity with JP Morgan Chase's internal audit frameworks and governance structures
• Previous exposure to global AML programs in a multinational banking environment

Required Skills

• Expertise in AML compliance and regulatory frameworks
• Proficiency in audit planning and execution
• Strong analytical and data interpretation skills
• Knowledge of financial transaction monitoring systems
• Excellent report writing and communication abilities
• Risk assessment and control evaluation techniques
• Familiarity with banking products and services
• Project management and organizational skills
• Attention to detail and ethical judgment
• Proficiency in Microsoft Office Suite and audit software
• Ability to work independently and in team settings
• Critical thinking for identifying control weaknesses
• Adaptability to changing regulatory environments
• Interpersonal skills for stakeholder collaboration
• Technical knowledge of cybersecurity in AML contexts

Benefits

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

JP Morgan Chase is an equal opportunity employer.