Deputy Compliance Officer and MLRO

Support Country Compliance Officer and MLRO on

• Acting as the registered Assitant MLRO for the JPMorgan Istanbul Branch and fulfill all task set by Turkish AML Law, Regulations, Guidelines and ad-hoc regulatory communications
• Preparation and update of Local AML Program, policies and procedures (as required and content defined under local AML Regulations), and implementation thereof
• To support local business and regional GFCC teams on various CDD inquiries (DDR/BERA, negative news, PEPs, clients escalated to AMLOC, ECBOC, regional CBOC, etc) as well as EDD for Foreign Correspondent Banks (e.g. AML Call Reports)
• Carry out manual transaction monitoring, investigations where needed, SAR filing where needed, and provide support ensuring the control environment is effective.
• Monitoring Anti Bribery & Corruption related MIS and violations feedback, make necessary reminders in branch
• Support “In Country Sanctions Officer” (ICSO) role as defined within the Global Sanctions
• Carry out GFCC related risk assessments, surveys, new product and business initiative reviews, etc as may be necessary
• Support in meeting the governance and reporting obligations to the local Board, Local Management Committee, and relvant forums, including local regulatory ones
• Local financial crime related monitoring activities
• Conduct local regulatory change analysis/horizon scanning support
• Project support?
• Local GFCC training overlayand training sessions
• GFCC activities of other locations
• Prepare and submit to MASAK reports or data requests as may be required, as well as asset freezing inquiries / orders by MASAK
• Establish, prepare, carry out and monitor AML training from local perspective
• Carry out any other role and responsibility that is imposed on MLRO role by MASAK in the related regulations

Position Description for Deputy Compliance Officer Role

Suport Country Country Compliance Officer and MLRO on

• Provision of pro-active advice to business management in the development of policies and procedures for the Istanbul office, designed to achieve and ensure compliance with corporate and regulatory requirements, specifically the rules of the BRSA (Banking Regulator), CMB (Capital Markets Board) Borsa Istanbul (Stock Exchange) and MASAK (AML Regulator) and in addition to US rules (where applicable) and corporate policies such as the Code of Conduct;
• Promoting a strong Compliance culture throughout these offices, assisting to establish Compliance priorities with senior management and communicating these priorities effectively;
• Assisting to maintain the regulatory relationship for the Istanbul office, and responding to regulatory notices and requests;
• Assisting to conduct regular reviews to verify policies and procedures conform with the latest regulations, specifically ensuring the Compliance Manuals for Turkey are kept up to date;
• Carrying out Compliance Risk Assessment under regional guidance;
• Preparation and delivery of a compliance training and awareness program, including compliance inductions;
• Identifying and investigating potential rule breaches (including errors and complaints), providing options available to manage and mitigate them and coordinating corrective action with other control functions, as /required;
• Providing input into New Business Initiative Approvals involving business operations in the Region, assessing Compliance/Regulatory issues/impacting proposed new products and services;
• Assising in the liaison with internal and external auditors and assist in managing responses and actioning compliance issues raised in audit reports & Control Self Assessment reviews;
• Providing input into the Local Operating Committees, preparing reports on Compliance priorities and issues;
• Keeping abreast of industry trends and “hot issues” and anticipate areas of focus and attention of regulators, keeping business management and Compliance colleagues informed (e.g. participation in local compliance officer network groups);
• Compliance Oversight Function of other locations;
• Co-ordinating and working as part of the EMEA regional and global Legal and Compliance team.

Qualification

• Turkish Citizen
• Native Turkish speaker and fluent in English with excellent verbal and written communications skills
• 5+ years of Anti-Money Laundering and Compliance experience
• Bachelor’s degree in a related field is required
• Solid understanding of Turkish regulatory requirements
• Strong interpersonal and influencing skills to work effectively within a team, both locally and globally, share information, support colleagues and encourage participation
• Proven ability to multi task as well as assess and change priorities
• Enthusiastic, self-motivated, strong interest in learning, effective under pressure and willing to take personal responsibility/accountability
• Flexible to changing business priorities and ability to multitask in a constantly changing environment
• Capital Markets Board Level 3 and internationally recognized Anti-Money Laundering / Counter Finance Terrorism certificates are plus

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.