Job Description
J.P. Morgan is a leader in financial services, working in collaboration across the globe to deliver the best solutions and advice to meet our clients' needs, anywhere in the world. We operate in 150 countries, and hold leadership positions across our businesses. We have an exceptional team of employees who work hard to do the right thing for our clients and the firm, every day. This is why we are the most respected financial institution in the world - and why we can offer you an outstanding career.
J.P. Morgan Investor Services combines Financing & Custody, Custody & Fund Services, and Clearing, Collateral Management and Execution under a common umbrella. These businesses occupy top-tier competitive positions; the combination provides an expanded, integrated and best-in-class suite of end-to end capabilities. Investor Services employs more than 14,000 people around the world and generates more than $6 Billion in annual revenue.
J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $20 trillion of assets under custody and $3+3 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Role & Responsibilities:
This position is in the Custody Fund Services Middle Office and is responsible for managing Complex custody exceptions, many of which arise from Asset Servicing events. The primary focus of the team is to identify and review abandoned cash and security balances. The team will interact with Operations, Client Facing Middle Office, Client Service, Product, Legal and Compliance in the execution of their responsibilities. The candidate will ideally have experience in supporting Asset Services and combine that experience with analytical thinking and strong communication skills and a broad working knowledge of Global Custody.
Identify and manage abandoned property exceptions, researching each item and proposing solutions for stakeholder review to clear the exceptions from the Custody balance sheet.
Provide instruction management support to clients and operational support teams
Support global middle office client facing teams with inquiry management for Abandoned Property items.
Partner with core Operations, Network Management, Legal, Compliance and global Middle Office teams to address control and service delivery issues
Understanding the control environment and ensuring daily checks are completed
Participate in team huddles
Work with team on departmental project
Qualifications
We are looking for candidates with the following characteristics:
Bachelor degree
2+ years of Voluntary Corporate Actions experience & or other Global Custody experience (preferable)
Understanding of Equity and Fixed Income markets
Technical understanding of corporate actions
Logical/problem solving mind set is key for identifying and remediating the risk associated with corporate actions
Ability to be self-motivated and work well under pressure
Strong organizational, analytical and interpersonal skills
Strong oral and written communication skills
Asset Servicing product & process knowledge (preferable)
Good balance between analytical skills and interpersonal skills
Ability to face off to very demanding stakeholders, managing their expectations
Strong communication skills, both written and verbal, including the ability to develop relationships across the various stakeholders including senior business executives
Motivated and able to deliver with minimal supervision, whilst working effectively in a team
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 make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
J.P. Morgan Investor Services combines Financing & Custody, Custody & Fund Services, and Clearing, Collateral Management and Execution under a common umbrella. These businesses occupy top-tier competitive positions; the combination provides an expanded, integrated and best-in-class suite of end-to end capabilities. Investor Services employs more than 14,000 people around the world and generates more than $6 Billion in annual revenue.
J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $20 trillion of assets under custody and $3+3 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Role & Responsibilities:
This position is in the Custody Fund Services Middle Office and is responsible for managing Complex custody exceptions, many of which arise from Asset Servicing events. The primary focus of the team is to identify and review abandoned cash and security balances. The team will interact with Operations, Client Facing Middle Office, Client Service, Product, Legal and Compliance in the execution of their responsibilities. The candidate will ideally have experience in supporting Asset Services and combine that experience with analytical thinking and strong communication skills and a broad working knowledge of Global Custody.
Identify and manage abandoned property exceptions, researching each item and proposing solutions for stakeholder review to clear the exceptions from the Custody balance sheet.
Provide instruction management support to clients and operational support teams
Support global middle office client facing teams with inquiry management for Abandoned Property items.
Partner with core Operations, Network Management, Legal, Compliance and global Middle Office teams to address control and service delivery issues
Understanding the control environment and ensuring daily checks are completed
Participate in team huddles
Work with team on departmental project
Qualifications
We are looking for candidates with the following characteristics:
Bachelor degree
2+ years of Voluntary Corporate Actions experience & or other Global Custody experience (preferable)
Understanding of Equity and Fixed Income markets
Technical understanding of corporate actions
Logical/problem solving mind set is key for identifying and remediating the risk associated with corporate actions
Ability to be self-motivated and work well under pressure
Strong organizational, analytical and interpersonal skills
Strong oral and written communication skills
Asset Servicing product & process knowledge (preferable)
Good balance between analytical skills and interpersonal skills
Ability to face off to very demanding stakeholders, managing their expectations
Strong communication skills, both written and verbal, including the ability to develop relationships across the various stakeholders including senior business executives
Motivated and able to deliver with minimal supervision, whilst working effectively in a team
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 make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
💡 Quick Summary
Seeking a career-building opportunity? The CIB|Securities Services Operations|Asset Specialist|Operations Analyst| Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.