Job Description
Network Management is a global function within Digital & Platform Services (DPS) of the Corporate and Investment Bank (CIB) responsible for managing J.P. Morgan's network of Agent Banks and Financial Market Infrastructures (FMI) to meet J.P. Morgan's requirements for cash and securities services for principal and client activities in over 100 markets. The network of providers includes banks, sub-custodians, payment systems, central counterparties, securities depositories and cheque clearing systems.
Agent expense reduction forms a key part of Network Management's strategy. Network Pricing team is accountable for the analysis and record keeping of securities and cash agent bank cost saves
Roles And Responsibilities
• Detailed analysis of agent banks and FMI invoices to identify and remediate rate card application inconsistencies and errors
• Comparison and integrity check of agent reference benchmarks used for:
• interest rate setting (cash)
• safekeeping asset class pricing (securities)
• Comprehension of all agent bank / FMI billable data units and how they are applied to JPM account.
• Accountable for identifying and conceiving opportunities to reduce agent / FMI cost e.g. trade netting, early payment discount
• Cancel and amend root cause investigation and remediation with firmwide Operations groups
• Work with ExCapp billing and invoice reconciliation team to drive optimal data construct and management
Qualifications/Competencies
• Strong analytical and reconciliation skills
• Strong written and verbal communication skills
• Prefer someone with an understanding of agent bank invoice attributes and structures
• Ability to forge strong working relationships with operations partners across firmwide Stakeholders
• Attention to detail combined with an ability for decision making
• Effective time management including goal setting, planning, prioritizing, scheduling, and monitoring
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, ****** 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
Agent expense reduction forms a key part of Network Management's strategy. Network Pricing team is accountable for the analysis and record keeping of securities and cash agent bank cost saves
Roles And Responsibilities
• Detailed analysis of agent banks and FMI invoices to identify and remediate rate card application inconsistencies and errors
• Comparison and integrity check of agent reference benchmarks used for:
• interest rate setting (cash)
• safekeeping asset class pricing (securities)
• Comprehension of all agent bank / FMI billable data units and how they are applied to JPM account.
• Accountable for identifying and conceiving opportunities to reduce agent / FMI cost e.g. trade netting, early payment discount
• Cancel and amend root cause investigation and remediation with firmwide Operations groups
• Work with ExCapp billing and invoice reconciliation team to drive optimal data construct and management
Qualifications/Competencies
• Strong analytical and reconciliation skills
• Strong written and verbal communication skills
• Prefer someone with an understanding of agent bank invoice attributes and structures
• Ability to forge strong working relationships with operations partners across firmwide Stakeholders
• Attention to detail combined with an ability for decision making
• Effective time management including goal setting, planning, prioritizing, scheduling, and monitoring
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, ****** 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
💡 Quick Summary
Seeking a career-building opportunity? The CIB|Operations|Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Hyderabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
