KYC Officer - Commercial Bank - Dallas, TX KYC Officer - Commercial Bank - Dallas, TX …

in Dallas, TX, United States
Permanent, Full time
Be the first to apply
in Dallas, TX, United States
Permanent, Full time
Be the first to apply
KYC Officer - Commercial Bank - Dallas, TX
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients under its JPMorgan Chase & Co brands. JPMorgan Chase & committed to providing a comprehensive set of benefits choices to meet different employee needs and lifestyles, which include choices such as Flexible Work Arrangements with periodic work from home and non-standard business hours, fully paid parental leave time, health care insurance and retirement benefits.

Commercial Banking serves more than 30,000 clients, including corporations, municipalities, financial institutions, and not-for-profit entities with annual revenues generally ranging from $20 million to $2 billion. The Firm's broad platform positions the Commercial Bank to deliver extensive product capabilities - lending, treasury services, investment banking, and asset management - to meet our clients' domestic and international financial needs.

The Commercial Banking Client On-boarding (CBCO) Know Your Customer (KYC) Organization will be the team supporting client coverage with the fulfillment of Anti-Money Laundering (AML)/ KYC requirements.

The CBCO KYC Organization is seeking a KYC Officer who will partner with Bankers and AML/KYC Operations to ensure all client KYC records are compliant with regulatory standards, and will ensure high quality and timely completion of all client-level due diligence requirements at inception and renewal of client relationships. The final officer title and job grade is at the discretion of the firm and will be discussed at the time of offer. It may be different than what is listed on the requisition based on candidate experience level.

Core Responsibilities:
  • Manage client and partner expectations and understanding in a consultative way
  • Exhibit ownership of KYC/AML experience and client experience
  • Ensure KYC/AML deliverables are met and hold internal partners accountable
  • Demonstrate ongoing understanding of KYC/AML processes and work through delays and/or inefficiencies
  • Manage operational risk effectively through diligent awareness of risks in our processes
  • Escalate appropriate risk items and drive issues to closure
  • Manage client risk effectively by supporting the banker in client selection process
  • Independently manage renewal cycle of DDFs with Relationship Management Partnership
  • Accountable for timely portfolio management while maintaining quality expectations
Required Qualifications:
  • Ability to properly identify AML risks and demonstrates a solid grasp of AML/KYC policy
  • Strong verbal and written communication skills
  • Excellent time management and organizational skills
  • Strong analytical and problem solving skills
  • Some travel may be required (less than 25%) to support various client coverage teams

Preferred Qualifications:
  • BA/BS degree
  • Minimum 2 years relevant experience in AML/KYC, Risk Management, Security, Law enforcement specific to fraud and illicit money movement
  • Experience in financial services, if possible Corporate/Commercial Banking
  • Working knowledge of risk factors that may impact specific products and industries
  • Ability to multi-task effectively and leverage internal resources
  • Excellent attention to detail
  • Strong client focus and ability to partner with various internal groups and client coverage
  • Independent, self-motivated with an ability to adapt and be flexible in a team environment
  • Previous credit training or underwriting experience
  • Ability to navigate complex client relationships and product usage
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