Compliance Associate - Retail Banking and Payments

JPMorgan Chase & Co.

Compliance Associate - Retail Banking and Payments

Salary Not Specified

JPMorgan Chase & Co., Edinburgh

  • Full time
  • Permanent
  • Onsite working

Posted 3 weeks ago, 20 Jun | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: da271061d5184454ba019dadc4028066

Full Job Description

As a Compliance Associate - Retail Banking and Payments within Compliance Team, you will effectively partner with Line of Business (LOB) and global/regional Compliance teams; including Internal Audit, Operational Risk and other Control functions. This position requires knowledge and experience in Compliance, as well as familiarity with regulatory and/or audit best practices.,

  • Work as part of the Chase UK Compliance team, assisting in the implementation of the International Consumer Banking Compliance Program. This includes acting as the second line of defence providing challenge to the business on a range of issues.

  • Execute on key strategic Compliance initiatives within the context of the firm's global compliance mandate.

  • Advise colleagues in the front-office, business management, Compliance/Compliance Practices, Internal Audit, and Risk in relation to risks/policies/issues.

  • Develop and maintain knowledge of current and future regulations impacting Chase UK.

  • Identify potential concerns and control issues, determine the root cause of issues and ensure stakeholders develop and implement appropriate corrective actions.

  • Work collaboratively with team members across Lines of Business and staff areas and participate actively in working groups.

    Relevant Compliance or other related experience, such as Risk management, Audit, or similar Control-related experience

  • Must have relevant experience of payments and retail banking regulation, e.g. the Payment Services Regulation, as well as relevant sections of the FCA Handbook, e.g. BCOBS.

  • Demonstrated ability to identify key issues and obtain appropriate information for further analysis.

  • Must be highly analytical with experience in collecting, analysing, and synthesizing information on various subjects.

  • Must possess excellent written and oral communications skills.

  • Teamwork skills; you must be flexible in work style and be able to work appropriately with stakeholders and colleagues at all levels.

  • Strong PC Skills including Microsoft Excel, SharePoint, Word, PowerPoint and other reporting tools.

  • Ability to establish credibility and strong partnerships with senior business leaders, control functions, and corporate partners globally.

  • Ability to manage numerous reviews and confidential and sensitive information in a professional manner in a fast-paced, deadline-driven environment.


  • Preferred qualifications, capabilities, and skills
  • Relevant experience of Open Banking and SME Banking preferred.

  • An understanding of how UK and cross-border payment systems such as BACS, CHAPS, FPS, SWIFT, SEPA and Card (Debit and Credit) operate is highly desirable.

  • MBA or Bachelor's degree with professional certification preferred.

    J.P. Morgan Chase & Co. is a leading global financial services firm with operations worldwide. International Consumer Banking is the newest J.P. Morgan Chase & Co. line of business, supported by a diverse team of Compliance professionals. The Compliance function has a robust set of priorities in place focused on best practice and employee development to ensure goals are delivered.