Compliance Quality Assurance Analyst

Job Description

Job title: Compliance Quality Assurance AnalystÿJob Location: Hyderabad, Telengana, IndiaShort description:Compliance Quality Assurance Analyst - Anti Money Laundering team is an integral part of the Controls environment within Compliance and is responsible for conducting a continuous analysis against internal procedures and regulatory requirements to ensure quality, completeness and accuracy. The QA team supports the review of activities performed by several Compliance teams that support?s the firm?s Global AML prevention program with the primary focus on review and analysis of AML alerts reviewed by the AML Investigations teams.Job Responsibilities :ÿ

• Perform ongoing formal testing of completed Compliance cases (which includes Global Investment Management Transfer Agents/ Unconventional clients) to ensure Global standards are met and also make sure to Maintain the highest level of confidentiality throughout the QA process, disclosing only pertinent information to key stakeholders
• Collect and document data, including:ÿ alerting activity, account information, transactional data, KYC information, politically exposed person (PEP) status, adverse media as well as counterparty and any other required information to assist in the investigation
• Review and analyze large amounts of data gathered opposite Anti-Money Laundering (AML), Terrorist Financing (TF), Human Trafficking and other red flags, decipher higher risk attributes (transactional, geographical, product, customer type etc) and appropriately disposition by utilizing analytical skills and research results
• Review the quality of completed cases using pre-defined test scripts which are based on Compliance and Quality Assurance standards and question/investigate the reliability and integrity of data, the validity of conclusions and the appropriateness of assumptions made (where appropriate) ÿand also to Build and develop strong knowledge base on multiple functions within the team using cross training methodology to create synergies
• Identify key issues, risks, trends, observations and provide reporting of results to key stakeholders and also work with Global Partners to ensure consistency with the Global QA framework and governance approachÿ
• Perform root cause analysis and make recommendations for addressing identified deficiencies or improvements to business processes ÿand present findings via formalized feedback loop process, track and monitor corrections to identified critical defectsÿ
• Consider regulatory requirements and best practices to implement changes to processÿ

Required qualifications, capabilities, and skills:ÿ

• Bachelor?s degree in Finance, Economics, Forensic Accounting, Criminal Justice (focusing on financial crime) or equivalent work experience with strong Communication skills including written, verbal, and interpersonalÿ
• 6+ years of experience with Financial Services industry, AML/BSA, KYC, Sanctions, Compliance, Investigative or Quality Assurance background preferred with strong knowledge of JPMC Compliance standards, guidelines, policies and procedures and due diligence requirementsÿ
• Strong research, analytical and comprehension skills, with ability to analyze large amounts of data and proven ability identifying issues/defects and recommending solutionsÿ
• Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and develop well-reasoned recommendations
• Demonstrated experience adhering to controls and compliance standardsÿ
• Results-oriented Team Player and ability to multi-task and meet deadlines against a high volume work scheduleÿ
• Intermediate level skills working with the MS Office suite of tools, with an emphasis on Excel and PowerPoint and working knowledge of MS office & MS SharePoint

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world?s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants? and employees? religious practices and beliefs, as well as any mental health or physical disability needs.

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