JPMorgan is Hiring for Banking Middle Office Analyst:Hello jobseekers if you are looking for a highpaying job in mumbai,maharashtra then this job opportunity is for you. JPMorgan is Hiring for Banking Middle Office Analyst.JPMorgon is giving a salary of upto 5 lakh per annum for this job position and the location of the job is in Mumbai,maharashtra. So if you are interested in this job opportunity then read the article carefully and apply for this job ASAP.
About Company
JPMorgan was established as one of the longest standing financial institutions, delivers cutting-edge financial solutions to millions of individuals, small businesses, and a diverse range of global clients through its J.P. Morgan and Chase brands. With a legacy spanning over two centuries, we lead in investment banking, consumer and small business banking,commercial banking, financial transaction processing, and asset management. JPMorgan commitment to diversity and inclusion is integral to our culture, reflecting our stance as an equal opportunity employer.
JPMorgan prioritize the strength of our workforce, valuing the diverse talents that contribute directly to our achievements on a global scale. JPMorgan uphold these principles without discrimination based on race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy, disability, or any other protected characteristic under applicable law.
JPMorgon Hiring 2024
Company Name | JPMorgon |
Post Name | Wholesale KYC Operations – Banking Middle Office Analyst |
Salary | 5Lakh Per Annum |
Qualification | B.S Degree or Euivalent |
Branch | Any relevent Branch |
Experience | 2 to 4 Years |
Job Type | Full Time |
Job Location | Santacruz Mumbai,Maharashtra |
Join Our Whatsapp Group For Daily Job Updates:Join Now
Job Overview
In the Corporate Investment Bank, the WKO Banking Middle Office (WKO MO) is essential for maintaining compliance with various regulations, safeguarding the bank’s reputation and financial assets. The WKO MO partner will handle business requests for KYC On boarding, Remediation, and Renewals in the Front Office.
The Analyst will oversee the entire client onboarding process, making sure all necessary documentation is gathered and sent to the KYC Production team. The WKO MO collaborates closely with Bankers,Operations, Credit, Legal, and Compliance to ensure prompt and effective onboarding of new and existing client relationships into the JP Morgan infrastructure.
Job Description
- Handle new business requests from the Front Office and oversee the entire KYC process.
- Assist Relationship Managers with overnight screening, client exits, and other KYC tasks as needed.
- Communicate regularly with business teams to plan workloads, review onboarding statuses,and prioritize requests.
- Serve as an expert on Due Diligence and guide clients through KYC requirements,advising on acceptable documents.
- Work closely with Legal, Compliance, Credit, and Operations to build strong relationships, resolve issues, and maintain information flow.
- Analyze client ownership structures using public sources or provided documentation, seeking approvals when necessary.
- Manage personal workload efficiently, escalate risks or issues to management promptly.
- Collaborate closely with the Front Office and clients to gather required evidence for KYC due diligence.
- Follow up with KYC production teams to ensure timely completion of onboarding processes.
- Stay updated on process changes, regulatory updates, and maintain open communication with colleagues.
- Identify and implement improvements in processes, provide guidance on technology initiatives to improve business operations.
Job Responsibilities
- Manage incoming business requests from the Front Office and oversee the entire KYC process from start to finish
- Serve as a subject matter expert on Due Diligence, guiding clients through KYC requirements and advising on acceptable document variations
- Conduct detailed analysis of client ownership structures using public sources or provided documentation, seeking necessary approvals as required.
- Collaborate closely with the Front Office and clients to gather all required documentation and evidence for KYC due diligence.
- Ensure timely completion of client onboarding by following up with KYC production teams and adhering to agreed-upon timelines.
- Maintain regular communication with business teams to plan workloads, review the status of key onboarding processes, and prioritize pending requests.
- Support Relationship Managers by assisting with overnight screening, managing client exits, and handling other KYC-related tasks as necessary.
- Effectively manage personal workload and prioritize tasks, promptly escalating any key risks or issues to management.
2 Best IT Jobs for Freshers/Experience,10LPA Salary:Apply Now
Main Skills Required for the Position
- Familiarity with KYC/Compliance/AML procedures and standards.
- Knowledge of the financial industry with expertise in different business area.
- Previous experience in following controls and compliance standards.
- Understanding of various client types.
- Effective verbal and written communication skills.
- Strong abilities in time management, organization, and relationship building
- Focus on quality client service, strong adherence to controls, and customer service skills.
- Ability to quickly grasp and learn new concepts and procedures.
Experience and Qualification Required for the Position
- A Bachelor of Science degree or its equivalent is required.
- Experience in KYC and client onboarding is preferred, with a background of 2-4 years
in roles such as Audit, Control, Risk, AML, or Research being advantageous.
Soft Skills Required For This Position
- Good Communication Skills
- Team Building & Leadership Skills
- Creative Thinking & Pressure Handling Skills
- Time Management
- Quick Learning & Adaptibility Skills
How To Apply
- Click on the link given below.
- Create account or Register if necessary.
- Filled all the details correctly .
- Last check all the details and click on the submit button.
Deutsche Bank is Hiring for Jr KYC Officer,Salary 5LPA,Apply Now!