In J.P. Morgan, the Wholesale KYC Operations (WKO) team plays a critical role in ensuring that as an organization, we are compliant with multiple regulations, in order to protect the bank’s reputation and financial assets.

As a Wealth Management – KYC Analyst within the KYC team, you will be responsible for managing the entire KYC process, ensuring that all client profiles are completed accurately and promptly. You will collaborate with client-facing teams to guarantee all client records adhere to Anti-Money Laundering (AML) and Know Your Client (KYC) regulatory standards. Your role will involve close cooperation with Bankers/Banking Team, Line of Business (LOB) Operations, and Compliance, managing the relationship to facilitate timely client response and feedback. You will also be expected to stay updated with all regulatory changes and requirements related to client KYC, Suitability, and Documentation.

Job Responsibilities:

Exhibit the highest standards of customer service with clear transparent communication to the banker articulating requirements and time commitmentsAct as the single point of contact handling the KYC and also facilitate queries, including issues around PEP, screening, regulatory, compliance, legal, operational riskAnalyze AML risks associated with the client, identify and escalate potential risks and issues as appropriateComprehend the KYC risk factors and to summarize the overall risk of the clientConduct in-depth reviews of a client profile to identify and succinctly articulate gaps requiring Banker/Client resolution. Document and update the client KYC record with high quality, meeting timelines in advance of due dateBuild strong relationships as the primary interface with Compliance, Quality Control, Banker/Banking Team, and LOB Operations to clearly communicate challenges, risks, client asks, and eliminate roadblocks to meet timelinesAct as a role model to drive high quality output. Provide guidance/training to team members to foster an environment of continuous improvement and high performanceKeep informed of any changes to processes, procedures, and regulatory change. Make decisions that are effective and well-grounded based on guidelines, policies, and insights

 

Required Qualifications, Capabilities, and Skills:

Bachelor’s DegreeAt least 3 years of KYC or related experience with strong understanding of KYC, AML and regulatory requirements (i.e. HKMA and MAS)Experience covering either Individuals, Corporate, Banks, Trusts, Funds, NBFIs, NOAHs, Regulated Pension clientsMust be able to work independently and as a team, to contribute effectively under fast-paced environment with strong sense of ownership and responsibilityOutstanding client management, partnership building, leadership and direct experience of dealing with multiple stakeholders, with the ability to handles escalations and drive to resolutionsStrong research, analytical and comprehension skills, with ability to critically analyze client risk / controlsAbility to quickly grasp/learn concepts, procedures and use it to identify & drive improvements in process/systems
 

Preferred Qualifications, Capabilities, and Skills:

KYC experience within the Wealth Management / Private Banking sectorFluency in written/spoken Mandarin to support Chinese speaking clients in China marketsUnderstand the firm’s KYC requirements inclusive of Customer Identification Program (CIP), Enhanced Due Diligence (EDD), Local Due Diligence (LDD), Specialized Due Diligence (SpDD) and Product Due Diligence requirements (PDD)