Operations Risk/Control Specialist

You are a strategic thinker passionate about driving solutions. You have found the right team.

The Trade & Working Capital operations team focuses on developing & delivering business solutions related to the trade finance products offered by banks, including transactions such as import & export bills, foreign bill collection, banker's acceptances/reimbursements, letters of credit and open account trading. The team also provides transactional-based expertise to the business to ensure accurate and timely conduct in accordance with ICC guidelines, bank procedures & trade finance policy manual. The role requires a good understanding of risk management, transaction processing, retail banking, wholesale banking, trade settlements and trade processing

Job Responsibilities:

• To review the transactions as first check or second check as applicable to identify potential matches and Pass or Stop or Escalate transaction/s to the corporate compliance or appropriate team. 
• Post investigation or receipt of compliance guidance action the transaction as per the appropriate decisions to be applied to the respective transaction/s.
• Accountable the service quality of GSM Trade Escalation Team and ensuring that the sanction screening procedures are adhered and related activities completed in timely manner.
• Be the team player to provide top quality processing and with nil errors.
• Recurring investigation and escalation as per BAU for any issues to the appropriate team.

Required qualifications, capabilities and skills 

• Should be a Graduate and have minimum of 3-5 years experience in Trade Finance Operations 
• Should have thorough knowledge of ICC Rules used in Trade Finance
• Should have good knowledge on Anti-Boycott and OFAC Regulations.
• Good knowledge on Sanction/Compliance/ SDNs etc.
• Must be proficient in reporting/MIS updating etc.
• Ability to work in a deadline driven environment and flexible to work in different shifts or weekends.
• Focus on BAU and Client expectations are must.
• Good written & spoken English communication skills.
• Standard Operating Procedures (SOP) followed for the process should be maintained and updated as and when changes occur
• Drive efficiency by implementing various best practices and continuously seek out for opportunities to improve efficiencies
• Actively engage in new deals, attend project management calls and drive smooth migration
• Should ensure effective adherence to internal policies and other regulatory requirements in the day to day operations

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.