JPMorgan Chase Commercial Banking Compliance Manager-Sanctions - VP in New York, New York

Commercial Banking (“CB”) Global Financial Crimes Compliance (“GFCC”) supports the line of business in complying with laws and regulations relevant to all aspects of CB, including several different sub-lines of business which include Corporate Client Banking, Middle Market Banking, Credit Markets (Chase Business Credit, Chase Capital, Chase Equipment Finance), Real Estate Banking, Commercial Term Lending, Community Development Banking, in addition to the Government Banking and Health Care, Higher Education and Not-For-Profit Banking ("GHHN").These business lines serve both private and public clients with $20MM - $2B in annual revenue.

The GFCC team supporting CB seeks a highly motivated, team oriented Compliance Manager. The position will report to a Compliance Director and will focus on enhancing and maintaining the OFAC sanctions compliance programs within CB, performing review and remediation of clients that may present sanctions risk, and driving strategic initiatives across CB GFCC globally.

Responsibilities:

  • Analyze and assess sanctions risk in various client and product segments. Ability to provide advice on mitigation of any identified risk.

  • Frequently interface with bankers, credit executives and KYC officers to provide explanation and guidance related to sanctions exposure and risk mitigation.

  • Advise on potential sanctions related risks associated with the development of new products and business initiatives and risk assessments.

  • Review and approve Know Your Customer documentation related to sanctions escalations.

  • Maintain reporting metrics, including following-up and escalating past due items.

  • Prepare and present trainings on risk mitigation related to sanctions.

  • Manage Compliance Associate(s)

  • Support general compliance activities and other duties, including special projects, as assigned.

  • Bachelor's degree required.

  • Minimum of 5 years relevant experience in Compliance, Legal, Risk or Audit.

  • JD preferred.

  • Demonstrated knowledge of OFAC and other applicable sanctions regulatory requirements. Knowledge of Foreign Corrupt Practices Act and UK Bribery Act strongly preferred.

  • Advanced problem solving and critical thinking skills.

  • Excellent written and oral communication skills with the ability to present complex information in differing degrees of detail and form depending on the audience, including senior management.

  • Proven ability to build strong partnerships with colleagues.

  • Highly skilled in PowerPoint, Excel and Word.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.