Cib Ops transaction Associate

3 weeks ago

Mumbai, India JPMorgan Chase Bank, N.A. Full time

J.P. Morgan Chase Bank NA (JPMCB) is a single bank branch in Mumbai rapidly expanding its revenue business in India. CIB ops group in JPMCB is looking for a Professional to manage and support 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

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. 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.

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