Asset Servicing_Associate

Posted 21 Days Ago
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Mumbai, Maharashtra
Hybrid
1-3 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Asset Servicing Associate at JPMorgan Chase & Co. is responsible for ensuring accurate and timely completion of corporate action payments, supervisory checks, and operational signoffs. The role involves managing business continuity plans, addressing operational issues, and escalating risks. Core skills include operational expertise, risk management, and the ability to learn new processes quickly.
Summary Generated by Built In

Job Description
As an Asset Servicing Associate Manager within our Operations team, you will be responsible for understanding the Asset Servicing lifecycle, ensuring accurate and timely completion of corporate action payments, and acting as a focal point for issue planning or crisis review situations. You will also be expected to demonstrate strong risk and control awareness, and confidently communicate with both internal and external clients.
Job Responsibilities

  • Requires good understanding of Asset Servicing lifecycle (Corporate Actions & Income)
  • Ensure accurate and timely completion of mandatory & voluntary corporate action payments received from agents/depository
  • Perform supervisory checks and ensure daily operations signoffs
  • 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
  • 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
  • Flexible with extended hours as per business requirements to meet client expectations
  • Own issues related to the Asset Services Department and ensure timely escalation to both Operational and Risk leads


Required qualifications, skills and capabilities:

  • Operational subject matter expertise critical e.g. Reconciliation, Settlements, Trade Support
  • Asset Servicing, Risk & Control and Custody experience
  • 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 clients1. Reconciliation of Cash and stock breaks received from the market.
  • Ensure all High risks and high value breaks are actioned and highlighted daily


About Us
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. 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
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

The Company
Mumbai, Maharashtra
289,097 Employees
Hybrid Workplace

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
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