CIB – Securities Services Operations – Asset Associate I – Associate Job Vacancy in JPMorgan Chase Bank, N.A. Mumbai, Maharashtra – Latest Jobs in Mumbai, Maharashtra

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Company Name : JPMorgan Chase Bank, N.A.
Location : Mumbai, Maharashtra
Position :

Job Description : JPMorgan Chase & Co., 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.
Diversity, Equity and Inclusion are the cornerstones of our culture at JPMorgan Chase. We embrace diversity, recognize that diverse talent strengthens our workforce and is linked to our success. We are bound to a culture of openness, meritocracy and believe in giving everyone an equal opportunity to succeed while bringing their whole & authentic selves to work. 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. We believe different perspectives add strength and creativity to the work we do and results in enhanced client & employee experience. If you are passionate, curious and ready to make an impact, we are looking for you to help us grow and position our businesses for the future.
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.
Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.
Asset Servicing Announcement Capture team is responsible for announcing corporate action events for all Global markets (~96 active asset servicing markets). Primary SLA is to ensure all announcements are processed within 24 hours of receipt and are sent out to the underlying clients / subscribers.
Position Responsibilities

Responsible for processing & validation of Income & Mandatory Corporate actions.
Own issues related to the Announcement Capture Utility and ensure timely escalation to both Operational and Risk leads
Supervisory responsibilities for delivery of fund services trades operations BAU for the assigned location.
Work with various internal teams to process transactions and resolve any exceptions on a timely manner.
Respond to and resolve client inquiries on a timely manner
Perform root cause analysis for their respective clients to increase STP and reduce client inquiries.
Partner with client service teams to help change client behavior where required to remove manual processes.
Strong understanding of Risk Management and should be able to manage the issues exceptions above materiality thresholds for resolution
Partner with technology strategy team to help identify internal and external facing technology improvement opportunities.
Ensure all day to day queries dealt with within required SLAs and escalate issues
Maintain the highest individual and team standards for quality assurance as it relates to all investor or fund activity / changes; ensure team is ‘Always Audit Ready’
Follow JPMorgan’s established processes and procedures; Look to modify / iterate processes and procedures to continually improve accuracy, reduce redundancy, and mitigate risk
Perform EOD process to ensure all deliverables were met timely and accurately and that exceptions are appropriately noted.
Attend and drive internal onshore partner meetings, usually via conference call, to ensure needs and expectations are consistently met or exceeded; ensure resolution of follow up items
Active involvement in projects within the team
Maintain all process documents; BCP, SOP, SLA and recertify on a timely basis
Update KPI and KRI’s on a daily basis
Attend internal onshore partners meetings, usually via conference call, ensure resolution of follow up items

Required Qualifications

Bachelor’s degree required (business discipline preferred)
Minimum 7-8 years in Financial Services industry, preferably in custody & fund services, markets or prime brokerage space
Extensive working knowledge of Microsoft Office products including Word, Excel, Access, Visio and Outlook Express (or similar email program)

Core Skills and Competencies

Good knowledge of financial instruments and corporate actions
Excellent prior custody & fund services, markets or prime brokerage operational experience along with managing staff
Ability to work closely with business partners and interact with all staff levels
Ability to be flexible, follow tight deadlines, organize and prioritize work
Experience of working on multi-stream programs
Strategic thinking coupled with practical execution
Strong analytical and problem solving skills including taking the initiative to drive change and enhance controls
Ability to manage through a changing business landscape
Candidate must have a control focused agenda, and a thorough understanding of program/project risk
Anticipate issues and aggressively drive initiatives to ensure results
Self-starter and ability to learn quickly
Display high levels of integrity; operate on the basis of open and honest interaction

People and Communication

Strong oral and written communication and presentation skills including the ability to communicate strategic messages clearly and consistently with the team, making linkages to individual goals and accomplishments
Strong relationship management and partnership with a large array of constituents; ability to manage by influence to promote change
Leadership with proven ability to manage by influence to promote change
Proactive in identifying and escalating issues

Business and Subject Matter Knowledge

Strong financial markets product knowledge and understanding of the transaction lifecycle in Corporate Actions and/or
Subject matter expertise in Equities, Fixed Income, FX, Collateral, Derivative
JPMorgan Chase & Co., 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 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.

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