Saudi Nationals Only - Payment Lifecycle Analyst - Riyadh

CIB - Central Screening Utility - Sr Operations Analyst - Saudi Nationals only

Organization Description

The Corporate & Investment Bank is a global leader across investment banking,
wholesale payments, markets and securities services. The world's most
important corporations, governments and institutions entrust us with their
business in more than ‎100 countries. We provide strategic advice, raise
capital, manage risk and extend liquidity in markets around the world.

Employer Description

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.

Team Description

The Central Screening Utility's main goal is to ensure compliance with local
and global sanctions requirements for the Saudi legal entities.

Position Summary

The incumbent will be primarily responsible for partnering with the team to
ensure that transactions and clients processed and checked in accordance with
global sanctions standards, OFAC, and local regional requirements. Quality
management, user acceptance testing, local member screening, metrics and
client on boarding are key functions of the role. The qualified candidate will
exercise sound judgment and discretion in the process of resolving all cases
with an ability to work in a high volume, high pressure team environment.

The role will require the qualified candidate to exercise collaborative
interpersonal skills when dealing with business groups and compliance during
case investigation and management.

Key Responsibilities
* Review transactions and clients in accordance with OFAC and local sanctions policies, procedures, and practices to ensure compliance with laws and regulations, including local Saudi list updates.
* Ensure performance and deliverables are in accordance with the global sanctions standards and operations service levels.
* To demonstrate commitment in business operations through contributing extra efforts or worktime in exception period of high volume or late timing processing.
* Establish and maintain partnerships with offshore internal stakeholders, Compliance and Technology teams to maximize efficiencies and ensure consistency .
* Coordinate and participate in improvement projects and User Acceptance Testings.
* Process regulatory requests in systems such as SAMANet, Tanfeeth and Watheeq with accuracy and timeliness.
* Represent the team in Audit and Regulatory requests.
* Consistently review processes and uphold strong controls by establishing clear SOPs.
* Work with Business resiliency manager to ensure a robust Business Continuity plan.

Qualifications
* Must be a Saudi National (required by local law)
* Must have a Bachelor's degree
* ‎0-‎2 years of experience in in Swift Settlements and Banking Operations gained from international financial institutions.
* ‎0-‎2 years of experience in User acceptance testing and Project management
* Excellent verbal and written communication skills in English and Arabic are a must

Desirable Skills
* Experience in Sanctions screening and regulatory systems such as Client list screening, OFAC, local Saudi list, SAMANET, Tanfeeth and Watheeq.
* Hardworking, dedicated and result/ details oriented with the ability to learn in a fast paced environment
* Precise and focused at work, complying with the JP Morgan Chase standards and controls
* Good understanding of risk and control and have experience in liaison with auditors or regulators.
* Must have a proactive attitude and the ability to multi-task
* Strong analytical and investigative skills.
* Highly organized and detail-oriented with the ability to work under pressure and high volume environment within tight deadlines/Cutoff's
* Able to handle and manage a monthly and quarterly reports of different time sensitive matters simultaneously.
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.