Asset Servicing Associate in Bombay, भारत

Job Description

Organization Description

 

Custody Operations are responsible for front to end processing of 1700+ clients, with $27.8 trillion Assets under Custody across 100 Global markets. This includes from Onboarding, Settlements, Client Service and Asset Servicing.

Job Description

 

Come join the team that is advancing our Custody Operations - Breaks Management and Oversight for one of the world’s most innovative banks, and “Build your career in Custody Operations that values creativity and excellence”.

Business Overview:  Custody Operations Breaks Management and Oversight

Custody Operations are responsible for front to end processing of 1700+ clients, with $27.8 trillion Assets under Custody across 100 Global markets. This includes from Onboarding, Settlements, Client Service and Asset Servicing.

This role requires a wide range of strengths and capabilities, including:

• Strong Custody background within Operations / Program Management / Risk & Control

• Strong People management skills & Communication skills

• Excellent understanding of program management standards and methods
• Experience working with high-performing teams in project execution
• Strong understanding of stakeholder management, management, risk management and operations
• Ability to create and maintain relationships with a wide range of stakeholders throughout the firm  

Key Responsibilities  

• Ensure all accounts across custody are known and certified periodically to ensure consistency in reporting
• Investigation and resolution of complex issues and enquiries related to Nostro and internal breaks with timely issue identification and escalation with proposed remediation
• Regulatory oversight, reporting and escalation of Operations functions to other jurisdictions / Legal entities

• Identify, drive and implement process improvements across Custody Operations in terms of break resolution. Collaborating with Operations, Product, Change Management and Tech to identify tech solutions (Auto-match / build enhancement etc.)

• Program Management, Stake holder Management and Presentations (Creating and delivering)
• Ensure clear well documented communication between internal teams ensuring SOPS and SLA’s are frequently reviewed and updated ensuring consistency

• Conducting spot checks to ensure effectiveness and consistency on the existing controls and breaks management on a periodic basis. Ongoing review of key themes / reasons creating breaks to ensure controls are regularly reviewed, implemented and followed

• Provide effective team communication through regular one-to-ones and team meetings providing information on changes impacting the team this includes but is not limited to market changes, functional moves and procedural / service changes.

Key Competencies required for the role: 

• Successful performance in a risk based environment with a proven track record of risk reduction
• Results based experience demonstrating strategic and analytical thinking.
• Track record of working in a changing environment with the experience of learning, documenting and implementing new processes efficiently.
• Demonstrated experience of multi-tasking and effective time management with attention to detail in a fast paced environment.
• Proven team management and leadership skills
• Experience of communicating both oral and written to management, clients and colleagues
• Must have advanced Microsoft Office skills: Excel, Word and PowerPoint
• Expertise on SOTF (Skills of the future) e.g. Tableau, Alteryx, AI, ML, etc.

  Desirables: 

• Relevant degree education preferred, however, non-degree candidates with a proven track record in a similar role will be considered.
• Financial Services background would be preferred, ideally within a Custody or Investment Bank environment.
• Experience of Managing global teams preferably within Custody Operations with experience in Trades, Settlements, Lending, Asset Servicing, Middle Office etc.
• Proficient in Microsoft Office & Project Management skills

 

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 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.

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.