Custody Operations - Account Maintenance and Onboarding - Associate

💰 ₹28,800 - ₹46,080 (Est.) 📍 Mumbai

Job Description

JOB DESCRIPTION

Are you ready to be a key player in the dynamic world of Custody Operations? This role offers you the chance to leverage your expertise in client account onboarding and regulatory compliance, ensuring seamless trade and settlement processes. Embrace the opportunity to grow your career in a fast-paced environment where your skills in communication, management, and problem-solving will be highly valued. Join us to make a significant impact and drive success in the India trade and settlement landscape.

As an Associate in Custody Operations team, you will provide processing support for effective and efficient delivery of India Custody Operations. You will manage client account onboarding and static data maintenance processes, ensuring compliance with regulations. You will interact with designated depository participants to obtain proper account documentation and prepare regulatory returns and reports. Your role involves supervising daily business deliverables, ensuring service quality, and identifying opportunities for process efficiency.

Job responsibilities:

Provide processing support for India Custody Operations
Ensure client account onboarding and static maintenance processes are compliant with Securities and Exchange Board of India (SEBI) and Reserve Bank of India (RBI) regulations and compliance activities such as KYC norm fulfillment
Manage account opening on Depositories (i.e. National Securities Depository Limited (NSDL), Central Depository Services (India) Limited (CDSL)) to aid client trading in the India market
Interact with designated depository participants for account documentation
Prepare, review, and provide timely submission of Regulatory Returns and reports to India Custody business
Coordinate planning, data preparation, and audit submissions for regulators
Supervise day-to-day management of business deliverables and the team
Ensure operational procedures are followed and service quality is maintained
Identify opportunities for process efficiency and implement in a controlled manner post sign-off from supervisor/Controls team
Communicate effectively with key stakeholders
Required qualifications, capabilities, and skills:

Bachelor's Degree
At least 5 years of experience in banking operations related roles
National Institute of Securities Markets (NISM) Depository Certification
Strong analytical skills and proficient in Microsoft Office
Strong people management skills and experience in managing a team
Initiative and readiness to question processes
Flexibility to work on holidays or extended hours during high volume days
Positive attitude and willingness to take on challenges
Excellent communication skills
Preferred qualifications, capabilities, and skills:

Prior experience in securities processing, fund accounting, and/or custody operations
Professional qualification is an added advantage
Experience in regulatory compliance and audit processes
Familiarity with SEBI and RBI regulations
Ability to manage client and regulator interactions effectively
Experience in process efficiency and improvement initiatives
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, ****** 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.
 
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💡 Quick Summary

Seeking a career-building opportunity? The Custody Operations - Account Maintenance and Onboarding - Associate position is now open for candidates interested in the Accountant 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 Accountant Jobs is a plus.

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Job Details

Company Name: JPMorganChase

Frequently Asked Questions

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The expected salary for Custody Operations - Account Maintenance and Onboarding - Associate in Mumbai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Custody Operations - Account Maintenance and Onboarding - Associate is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Custody Operations - Account Maintenance and Onboarding - Associate. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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