Corporate & Investment Bank Operations
6 months ago
**JOB DESCRIPTION**
Job summary:
J.P. Morgan Chase Bank NA (JPMCB) is a single bank branch in Mumbai rapidly expanding its revenue business in India.
As an Associate in Corporate & Investment Bank Operations group you will be managing and supporting Global Market Operations which manages products like Rates, Currency, Options, Fixed Income, Money Markets and Loans.
Job responsibilities:
- Managing day to day operations of the Team handling Cross Border Remittances and Capital Account transactions
- Interaction with clients to handhold them through the process, requirements and expectations of the regulator and the bank in relation to Cross Border Remittances & Capital Account transactions.
- Handling of regulatory reporting to RBI on account of Capital Account Transactions such as FDI, ODI, ESOP, LO/BO/PO & ECB for corporate clients of the bank.
- Handling of concurrent and internal audits for Cross border Transactions and Capital Account transactions regulatory reporting related aspects.
- Preparing responses and submitting samples for internal review for purpose of regulatory submissions. Tracking, responding and coordination with RBI/Client for exceptional approvals on Capital/Current account transactions.
- Tracking of regulatory changes, formulating and updating controls/internal process notes pertaining to cross border payments and associated regulatory reporting in coordination with stakeholders.
Required qualifications, capabilities, and skills:
- A minimum of 3 years of experience in handling Cross Border Remittances
- Sound knowledge of prevalent regulatory guidelines related to Cross Border Remittances
- Customer centric approach and good communication skills
- History of successfully working in a team environment and leading a team
- Flexibility to handle multiple tasks and changing priorities
Preferred qualifications, capabilities, and skills:
- Ability to deliver value-added support to business partners and clients in a timely manner
- Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment
- Ability to problem solve and deliver solutions at root cause
- Highly organized, motivated and strong prioritization skills
**ABOUT US**
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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. 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.
**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.
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