CIB_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 : CIB_Asset Associate I_Associate

Job Description : JPMorgan CIB, a division of JPMorgan Chase Bank, N.A., is a global industry leader with $15.2 trillion in assets under custody. JPMorgan provides innovative custody, fund accounting and administration and securities services to the world’s largest institutional investors, alternative asset managers and debt and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 90 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services.
The department is responsible for the capture, analysis and notification to clients of event information and deadlines, reconciliation and execution of client instructions to the market and reconciliation and posting of clients’ cash and stock entitlements for Income & COACs.
Role/Title: Associate

The incumbent shall be responsible for managing the workflow through the life cycle of Corporate Action & Income products
Operational management and control of the daily workflow within the Asset Services team
Maximize team capacity through effective resource planning and ensure team structure is robust through effective training and succession planning
Ensure all daily controls are completed and signed off including client service enquiry resolution, cash and stock break & event management as well as all key metrics are produced as required
Own issues related to the Asset Services Department and ensure timely escalation to both Operational and Risk leads
Ensure all team members adhere to global escalation policies, maintain up to date awareness of RED policies and procedures, attest to operational procedures at required intervals and actively comply with ethics and behavior standards
People Management – Provide direction and leadership to the team. Provide effective communications to the dept, ensuring staff are aware of strategic and regulatory changes in the organization
Continued review of content and presentation of Standard Operating Procedures, in line with introduction of new policies and ongoing risk management activities
Act as a focal point for issue planning or crisis review situations. The business demands flexibility in production processes and for technical assessments to be made in short time frames.
Ensure department has viable Business Continuity and Concentration plans in place, that are tested in accordance with Bank Policy and that all staff are familiar with the plans.

Represent Global Asset Servicing with internal and external clients, promoting the strategy, products and capabilities of the department. Participate in Investment Initiative prioritization meetings. Support operational partners in Asset Servicing with strategic initiatives across the department.
Contribute to the strategic development of the asset servicing product. Identify key areas of opportunity, creating robust business cases and ensuring appropriate levels of analysis are undertaken. Implement the project structure and governance required to deliver on the agreed strategy.
Further Function Specific Requirements
Promote culture of early and timely escalation, ensure root cause analysis undertaken for all operational incidents and follow through with all recommendations. Actively manage risk items and continually evidence compliance with key controls.

Event management – “hand hold” large, complex, corporate actions and Income enquiries
Ensure all client queries dealt with within required SLAs
Spot check calls, sign offs and files for quality control
Work with Product Development, Settlements, FX and Risk
Core Skills and Competencies:

Operation’s Team Management in a daily environment is critical
Operational subject matter expertise critical e.g. Reconciliation, Settlements, Trade Support
Asset Servicing, Risk & Control and Custody experience
Strong People Management skills, ability to Lead and Motivate Managers
Strong ability to learn ongoing stream of new markets, products and processes
Strong Risk and Control Awareness: Ability to effectively priorities workloads and work to critical deadlines
Demonstrate Ownership and Accountability for Operational and Project Deliverables with a proven track record
Confident communicator in all mediums to both internal and external clients
Strategic thinker, able to review and implement process improvements
Drive, Energy and Enthusiasm
Display high levels of integrity; operate on the basis of open and honest interaction
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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