Wholesale Client Onboarding Analys

Job Description 

Wholesale Client Onboarding Analyst, Remediation Specialist - Johannesburg-140005501 Job Description   Wholesale Client Onboarding Analyst, Remediation Specialist   Description Wholesale Client Onboarding (WCOB) is a global team with locations in major locations such as New York, Delaware, London, Johannesburg,Bournemouth, Hong Kong and Mumbai. The team functions in close partnership with Sales, Operations, Credit, Legal and Compliance to ensure efficient and timely on-boarding to the JP Morgan infrastructure.  COB plays a critical role in introducing new clients to our organization as well as ensuring full due diligence is done with respect to new and existing relationships.     Role and Key Responsibilities The WCOB remediation specialist will be responsible for ensuring all KYC, AML, and Sanction screening is up to date and on file.  The COB analyst may request documentation from the client directly to support client reference data and KYC requirements.  They will support third party client due diligence (i.e., beneficial ownership) and conduct media-related searches.  The WCOB analyst will conduct research and request supporting evidence for name screening and negative news cases.   General Provisions This job description ("Job Description") establishes the duties of Client Due Diligence Specialist.  The list of the Employee's duties specified in this Job Description is complementary to the Employee's duties specified in other parts of the Contract.   Duties and Responsibilities Client on-boarding, KYC renewals, identification and screening of clients, beneficiaries and client representatives, control and analysis of KYC documents; Establishing correct client background definition; analysis of client information; timely documenting of KYC information; AML risk assessment; documenting evidences of risk assessment; Input of KYC information into corporate systems (Client Central, SKYC)  and ensuring correctness of such information; Monitoring of client activity in mass media; Regular KYC information updates, monitoring/tracking KYC records in order to ensure these KYCs are completed within target dates; Accurate documenting of KYC information, storage of documents provided by clients;  Ensure confidentiality of information about AML measures undertaken by Bank; Conduct other activities within Client Due Diligence Specialist role if required by the Head of the Client Due Diligence Department; Regular reporting on KYC records status and client files updates To call up documents and information required for client on-boarding and KYC due diligence procedures from Heads and employees of other departments of the Employer; To make copies of the documents as required for client on-boarding and KYC due diligence procedures; To consult other employees on issues concerning KYC and customer identification and due diligence procedures. Qualifications   Key Skills Degree or equivalent preferred Strong AML / KYC experience; in-depth knowledge of KYC procedures and regulatory requirements preferred Familiarity with client on-boarding processes, KYC systems and workflow tools Knowledge of financial industry with in depth expertise in multiple lines of business Detail-oriented, excellent work ethic and strong controls mindset Strong verbal and written communication skills Excellent analytical, problem solving, and time management skills   Desirables Experience working in a financial institution in operations, client services or implementation A knowledge of compliance/anti-money laundering rules Experience with investigations, business research and examination Languages   About J.P. Morgan's Corporate & Investment Bank J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.  Further information about J.P. Morgan is available at http://www.jpmorgan.com/. Job  Operations Primary Location ZA-GT-Johannesburg-Fricker Road / 01423 Organization  CORPORATE & INVESTMENT BANK Schedule  Full-time Job Type  Standard Shift  Day Job Employee Status  Regular