GSS Legal Billing Operations – Settlements Job Vacancy in JPMorgan Chase Bank, N.A. Bengaluru, Karnataka – Latest Jobs in Bengaluru, Karnataka
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Company Name : JPMorgan Chase Bank, N.A.
Location : Bengaluru, Karnataka
Position : GSS Legal Billing Operations – Settlements
Job Description : Description:
The Global Supplier Services (GSS) Legal Operations team consists of the Legal Billing Unit (“LBU”), Litigation Settlements and Invoice Audit functions. The primary objectives of the LBU are the accurate and prompt payment of legal invoices and providing issue resolution and process support to internal users (attorneys/paralegals/assistants) and external users (law firms/vendors) globally.
Primary Responsibilities:
Mailbox Management: Monitoring Legal Settlements mailbox and responding to daily queries received from internal departments, external law firms. This will require partnering closely with internal teams such as CAP (Corporate Accounts Payable), Legal Attorneys/Admins, Legal Finance department, Corporate Tax, and Operations lead to resolve promptly and accuratelyThoroughly review settlement documentation to ensure data completion and accuracyProcess settlements globally within SLA dedicated timeframes dailyCheck correct non-US Tax treatment has been appliedPartner with CAP team on payment execution after all approvals have been obtainedPartner with Litigation attorneys/admins, Litigation Reserves team, and Controllers on settlement requestsUpdate settlement payments in Legal Finance Portal/Settlement toolProvide Ad Hoc reporting on processed settlementsRaising new system access requests and provide training, where neededResolving issues where settlements are not fully processed by the system and require interventionProactively providing recommendations on system and process changes to improve settlement processingSupport system user acceptance testing, on an as-needed basis
Position Requirements
3-5 years experience in Legal Accounting, Billing Operations, Accounts Payable and/or Accounts Receivable;Excellent organizational skills and attention to detail concentrating on accuracy and efficiencyExcellent computer navigation skills, ability to maneuver through multiple systems; Lit Hub, SAP & Business Objects experience preferredClear communication skills, both written and verbal;Ability to work in complex environments with a diverse range of stakeholders within JPMC Business Community and outside legal vendors;Good understanding of accounting concepts such as G/L accounts and Cost Centers;Sound judgment and quick & proactive decision making skillsProven ability to work independently and competently handle multiple responsibilities, with a high degree of accuracy, in a high pressure environment.Strong excel skills, using Pivot tables and v-lookupsThe position hours of operations are evening/night shift India hours (8:00 AM – 5:00 PM NY EST Time)
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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