Asset Servicing associate
4 months ago
**JOB DESCRIPTION** Organization Description**
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.
**Employer Description**
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.
**Team Leader**
Key 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
**Core Skills and Competencies**:
- 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.
- Establish excellent relationships with respective teams and agents to reduce the gaps if any.
- Ensure all tasks are completed as per the agreed timelines.
- Ensure all transactions are correctly reconciled, assigned and any risk and incorrect downstream impacts to be highlighted on time.
- Action and perform root cause analyses on all breaks to reduce manual touch points and increase process efficiency.
**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 unde
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