Asset Servicing Associate
2 weeks ago
Join our dynamic Markets Asset Servicing team as a Senior Associate and take charge of managing redemptions across our Fixed Income and Prime line of business. In this pivotal role, you will ensure the seamless and precise reconciliation of cash, stocks, wash, and other financial elements, driving operational excellence. Collaborate with a network of internal stakeholders, including trading desks, sales, finance, and operations teams, as well as forge strong partnerships with external entities such as clients, custodians, agents, depositories, and third-party service providers.
As a member of the Markets Asset Servicing Operations Income team, you would need to provide centralized asset servicing support across products. You will be required to support redemptions activities across FI and PRIME line of business across EMEA and WHEM markets.
As a Senior Associate within the Markets Asset Servicing team, you will be tasked with managing redemptions across the FI and Prime line of business. Your role will involve ensuring timely and accurate reconciliation of cash, stocks, wash, and other financial elements. You will work closely with internal stakeholders such as trading desks, sales, finance, and other operations teams, as well as external partners like clients, custodians, agents, depo, and 3rd party service providers. Your responsibility will also include executing goals and objectives set up to deliver core business deliverables.
**Responsibilities**:
- Ensure all pre-event reconciliation and pay date event processing related on Income events such as dividend, coupons and redemptions are completed in a timely manner.
- Perform oversight and ensure all cash breaks, wash breaks, suspense breaks and control account breaks are reconciled timely, match-off correctly and reduce or Nil accumulation of over 30 days aged items. Manage any potential system feed issues, late/incorrect investigation, follow-through till resolution.
- Ensure appropriate redemption calculations and settle with counterparty.
- Manage Key Performance Indicators (KPIs), Key Process Indicators (KRIs) in a proactive way
- Effectively lead teams toward robust set of delivery milestones. Understand and mitigate risks, bottlenecks, and inefficiencies within the processes
- Communicate efficiently and effectively with Senior Management & escalate issues in a timely manner
- Perform periodic end to end process review, identify gaps if any & collaborate with control partners and relevant stakeholders to remediate process gaps
- Drive automation of new and existing processes using firm wide process transformation tools to enhance efficiency, reduce risk, improve controls, drive client experience
- Provide leadership - setting clear goals, strategies, and goals for the function
- Set expectations with direct reports where applicable, regarding positive motivation and leading through accountability
Partner with respective BAU domain leads to execute growth and change plans including platform migration and people development and support daily operational tasks
**Required Qualifications, Capabilities, and Skills**:
- 8+ years of relevant experience, Asset Servicing background covering either Income and Corporate action especially redemptions
- Analytical mindset and problem-solving skills, with the ability to identify and resolve complex operational issues
- Excellent judgment and decision-making skills; solutions oriented
-
Asset Servicing Associate
2 weeks ago
Bengaluru, Karnataka, India JPMorganChase Full timeThis role provides an opportunity to work with various internal teams to process transactions, resolve exceptions, and enhance controls. You will also partner with client service teams to help change client behavior where required to remove manual processes. Job Summary: A possible Job Summary following the required format could be: "As a Securities...
-
Asset Servicing Associate
2 weeks ago
Bengaluru, Karnataka, India JPMorganChase Full time**JOB DESCRIPTION** This role provides an opportunity to work with various internal teams to process transactions, resolve exceptions, and enhance controls. You will also partner with client service teams to help change client behavior where required to remove manual processes. Job Summary: A possible Job Summary following the required format could be: "As...
-
IT Asset Managementt Associate
1 week ago
Bengaluru, Karnataka, India Moody's Full time**Location(s)**: - Quay Building 8th Floor, Bagmane Tech Park, Bengaluru, IN **Line Of Business**: Technology Services Group(TSG) **Job Category**: - Engineering & Technology **Experience Level**: Experienced Hire At Moody's, we unite the brightest minds to turn today’s risks into tomorrow’s opportunities. We do this by striving to create an...
-
Custody Asset Servicing Associate
2 weeks ago
Bengaluru, Karnataka, India JPMorganChase Full timeJob Responsibilities: - Reconcile positions, payments, and process transactions to the client’s account. - Manage customer accounts, process payments, income, or taxes, and resolve queries across multiple corporate - and income-related events. Understand the asset servicing lifecycle. - Serve as the point of contact for internal communication with Middle...
-
Custody Asset Service Associate
2 weeks ago
Bengaluru, Karnataka, India JPMorganChase Full time**JOB DESCRIPTION** Job Responsibilities: - Reconcile positions, payments, and process transactions to the client’s account. - Manage customer accounts, process payments, income, or taxes, and resolve queries across multiple corporate - and income-related events. Understand the asset servicing lifecycle. - Serve as the point of contact for internal...
-
Asset Associate
1 week ago
Bengaluru, Karnataka, India JPMorgan Chase & Co Full time**JOB DESCRIPTION** You are required to ensure timely and accurate processing of income events, collection / payment of claims, timely reconciliation cash, stocks, wash across our Fixed Income / Equity and Prime Business. **Job Summary**: As an Associate I in the Markets Asset Servicing team, you are responsible for Income events across EMEA, WHEM & ASIA...
-
Asset Associate
2 weeks ago
Bengaluru, Karnataka, India JPMorgan Chase & Co Full time**JOB DESCRIPTION** Job Summary**: As an Associate in the Markets Asset Servicing team, you are responsible for Income events across EMEA, WHEM & ASIA markets. You are required to ensure timely and accurate processing of income events, collection / payment of claims, timely reconciliation cash, stocks, wash across our Fixed Income / Equity and Prime...
-
Asset Servicing Specialist
4 days ago
Bengaluru, Karnataka, India beBeeExpertise Full time ₹ 15,00,000 - ₹ 25,00,000Asset Servicing ProfessionalJob Summary:We are seeking a highly skilled and experienced Asset Servicing Professional to join our team. This role is responsible for overseeing the processing and validation of income and mandatory corporate actions, ensuring all income exceptions are investigated and resolved according to schedule.Key Responsibilities:Manage...
-
Service Technician
1 week ago
Bengaluru, Karnataka, India Kamalini Associate Full time**COMPANY** : WISTRON ( TATA ELECTRONICS ) PRODUCTION : I-PHONE MANUFACTURER LOCATION : NARSAPURA BANGLORE **FEMALES FRESHER'S HIRING'S** JOB ROLE: Assembly Associate QUALIFICATION : ANY AGE : 18-26 Pay: ₹15,240.04 - ₹18,524.43 per month **Benefits**: - Food provided - Health insurance - Paid sick time - Provident Fund Schedule: - Day shift -...
-
Asset and Wealth Management Associate
2 weeks ago
Bengaluru, Karnataka, India beBeeInvestment Full time US$ 15,00,000 - US$ 30,00,000Job Overview:We are seeking a skilled professional to join our team as an Associate in Asset and Wealth Management. This role will involve working with clients across various asset classes, including web, desktop, and digital platforms.Key Responsibilities:Manage client relationships and provide investment adviceAnalyze market trends and develop investment...
