Business Analyst I- Filter Initiatives

Job Description

Embark on a rewarding and challenging career as a Business Analysis Associate with our dynamic team. You'll have the opportunity to make a significant impact by supporting process improvements, key initiatives and expanding your creative skills in a supportive and collaborative environment. Join us and contribute to our mission while advancing your career. With highly supportive leadership and programs to foster growth and career mobility, your skills and capabilities can increase and be fine-tuned to make you more agile and versatile in reaching your career potential.

As a Business Analyst I- Filter Initiatives in Screening Support Operations, you will handle onboarding for Payment Sanctions screening where the focus is on ensuring compliance with US and International sanctions regulations while optimizing efficiency in the screening processes across global payment systems. The team collaborates with Global Screening Operations (GSO) transformation, Compliance, Lines of Business, Centralized List Operations, and Technology teams to implement sanctions screening business rules and other logics for the new and incremental onboarding.

Job responsibilities

• Utilize automation technologies to optimize processes, enhance efficiency, and support the implementation of business strategies.

• Review Project JIRA, Questionnaire, and understand the screening requirement as well as research Current Origin setting per Application and existing business rules and build an effective and efficient Business rule for a payment sanctions screening.

• Review Payment transactions for Volume Mitigation related to the Onboarding and identify opportunities to mitigate the false matched hits and build a volume mitigation rule and/or create approved-entities to optimize screening efficiency.

• Review Typical Day Data (TDD) file and Initial hit rate for Fine Tuning and identify opportunities to reduce false positive matches and maintain the existing hit rate by introducing the approved-entities or rule that effectively manages hit rate expectations.

• Work on Adhoc Projects such as approved-entities Clean-up, List onboarding (New Designation onboarding under an Internal list), Firco Filter Version Upgrade, Screening requirement change /exception screening and Special fine-tuning request from line of business

• Provide insights and recommendations to team members, ensuring tasks and responsibilities are aligned with project objectives for efficient and effective outcomes.

• Collaborate effectively with diverse teams across the organization to align efforts, share knowledge, and drive the successful execution of projects.

• Leverage digital platforms and technological tools to improve processes, enhance customer interactions, and effectively communicate with stakeholders.

Required qualifications, capabilities, and skills

• Demonstrated ability to conduct data analysis with a focus on uncovering patterns and providing insightful reporting, showcasing expertise equivalent to 3+ years of experience.

• Good knowledge of Payment Screening and the various applications used

• Understanding of Sanction Screening and its nuances

• Keen eye for detail and logical/analytical thinker

• Ability to work with the team as a cohesive unit and manage strong relationships with stakeholder

• Ability to prioritize tasks and ensure accurate and timely completion and ability to step up and take on additional responsibilities basis business need.

About Us

JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.