JP Morgan Chase-CIB – Compliance Officer – Vice President /Associate – Dubai

JP Morgan Chase-CIB - Compliance Officer - Vice President /Associate - Dubai
JPMorgan Compliance Overview
The Compliance function assists management and staff in fulfilling their duty of compliance. The function provides a broad range of regulatory and compliance services and advice to all areas of JPMorgan Chase worldwide. Services include regulatory analysis of transactions and activities, formulation of regulatory and control policy, assistance in risk assessment, and new product development and implementation, assistance in the education of staff in regard to compliance policy and procedure.
EMEA Compliance Coverage Strategy
The EMEA Compliance coverage strategy focuses on a three tiered coverage model. The coverage model requires:
    • Country expertise, the in-depth knowledge of the local regulatory environment, regulatory structures, local regulatory and market contacts, local market practice, industry groups, culture, language, etc.
    • Product expertise, the in-depth knowledge of a specific product/service, its structure, purpose, target clients, risks, deal/trade/process flow and settlement, exchanges, etc.
    • Core expertise, the in-depth knowledge and application of firm policy and regulatory requirements across multiple product, service and jurisdictions. Examples include Personal Investment, Chinese Walls, Disclosure of Interest, Monitoring & Surveillance, etc.
      Position Description
      The Compliance Officer based in Dubai provides support to all the businesses operating at the DIFC office . The Compliance Director reports functionally to the Head of Compliance in MENAT. The Compliance Officerr is responsible for the following:
  • advice to business management in the development of policies and procedures designed to achieve and ensure compliance with corporate and regulatory requirements;
  • advice on the application of local DFSA and US rules (where applicable) and corporate policies (eg Code of Conduct);
  • advice on and maintenance of policies and procedures and systems and controls in relation to anti-money laundering requirements, including the escalation of potential money laundering issues and the reporting of suspicions to relevant authorities;
  • development and execution of the annual Compliance training programme;
  • member of both the local management committee and local control committee;
  • maintain relationship with the DFSA and anti-money laundering authorities, co-ordinate regulatory enquiries, visits and periodic regulatory reporting as well as maintaining both the company and individual licenses;
  • input into New Business Initiative Approvals, assessing Compliance/Regulatory issues/impact of proposed new products and services;
  • liaison with internal and external auditors and assist in managing responses and actioning compliance issues raised in audit reports & Control Self Assessment reviews;
  • partner with the business to address issues raised by the Compliance Review Team and working with the Team to enhance the Testing programme;
  • identifying and investigating potential rule breaches, coordinating corrective action with other control functions as necessary/required;
  • assess and review marketing and product material;
  • participation in ad hoc projects impacting the business in the jurisdiction;
  • co-ordination with Compliance personnel outside of Dubai in respect of the businesses located in the Dubai office;
  • Demonstrating oversight of outsourced services as required in line with local regulatory requirements
  • keeping abreast of industry trends and “hot issues” and anticipate areas of focus and attention of regulators, keeping business management and Compliance colleagues informed (eg participation in local compliance officer network groups).
  • Keeping abreast of AML & Compliance regulatory changes relevant to jurisdiction to ensure policies & procedures are appropriately
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

JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer


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