Custody Operations - Direct Custody and Clearing Associate

Job Description
Are you ready to lead and innovate in the world of Direct Custody and Clearing? As an Associate, you'll play a crucial role in managing end-to-end custodian services and ensuring operational excellence. Join us to leverage your expertise, collaborate with a diverse team, and contribute to the growth of our operations. We offer a platform for career growth, where your skills and dedication will make a significant impact.
As a Direct Custody and Clearing Associate within the India Direct Custody team, you will manage the Trade and Settlement team, ensuring seamless operations across various financial products. You will collaborate with in-country and regional partners to maintain high service quality standards and ensure compliance with local market standards. Your role is essential in driving operational efficiency, process automation, and client satisfaction. We value collaboration, innovation, and a strong controls focus, and we are committed to supporting your professional development.
Job responsibilities:

• Manage day-to-day operations of the Trade and Settlement team
• Ensure compliance with local market standards and firm-wide requirements
• Collaborate with external partners, including regulators, to enhance client experience
• Evaluate workflows and processes to improve efficiency and accuracy
• Comply with audit and compliance regulations and manage client visits
• Provide input, development and management of projects in the team on system enhancements, end to end process reviews
• Ensure operational risks are identified and managed effectively, ensure systems and processes are in place to minimize and monitor and manage all aspects of operating risk and compliance in the Custody Operations functions
• Develop succession planning for team members, build knowledge depth within team through cross training and coaching, and provide development opportunities for team members
• Support the transition from legacy systems to new applications
• Drive changes to the control and automation agendas

Required qualifications, capabilities, and skills:

• Bachelor's Degree
• At least 8 years of experience in a Depository and/or Custody Operations role
• In-depth understanding of Direct Custody Business
• Sound knowledge of India Financial and Securities Market and its operating principals and rules
• National Institute of Securities Markets (NISM) Certification in Depository Operations or Risk Management
• Strong people management skills in a team-oriented environment
• Strong risk and control awareness with the ability to prioritize workloads
• Excellent written and oral English communication skills
• Proficiency in Microsoft Office Suite applications, including Word, Excel, and PowerPoint

Preferred qualifications, capabilities, and skills:

• Experience in managing complex operations in a dynamic environment.
• Strong analytical and problem-solving skills.
• Ability to drive process improvements and operational efficiency.

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, 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
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.