Dcc Operations Associate

6 days ago


Mumbai, India JPMorgan Chase & Co Full time

**JOB DESCRIPTION** Job summary**:
DCC provides custody & clearing services to foreign investor clients investing in India. Our clients are based across geographies and cut across business segments. They are leading Asset Managers, Pension Funds, Insurance Companies, Investment Advisors, Trusts, Corporate, Sovereign Bodies, State Agencies and Charitable Institutions etc. J.P. Morgan DCC in India also supports DR issuances as a Domestic Custodian Bank for Overseas Depository Banks.

The India Direct Custody team is responsible for end to end custodian services which range from, account opening, reference data, settlement activities corporate actions FX, reconciliation, client service & fee billing. Extensive collaboration with Product, Technology, Legal, Compliance, Risk, Finance, Tax and Customer Service is essential with in-country and regional functional partners to ensure operational capabilities meet high service quality standards.

**Job responsibilities**:

- In depth understanding of Direct Custody Business and Trade Management is essential
- Sound knowledge of India Financial & Securities Market and its operating principals and rules
- The job entails managing strong working relationship with external partners, including regulators. Participate and steer market advocacy to ensure better client experience, manage risk & bring efficiency.
- Evaluate effectiveness of workflows and processes with the aim of improving efficiencies as well as the timeliness and accuracy of the production process.
- Comply with audit and compliance regulations and be the focal point for audit and client visits.
- Critical in providing 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 and build knowledge depth within team through cross training and coaching. Provide development opportunities to achieve career development needs.

**Required qualifications, capabilities, and skills**:

- Education to degree standard is preferable, as is a relevant professional qualification.
- Minimum 10 - 12 years with 5-7 years of relevant business experience.
- Knowledge and experience of regulatory & corporate compliance activities and handling Corporate and Investment bank products & people management would be beneficial.

**Core Competencies**
- Communication - Strong verbal and written communication skills, with the ability to present complex and sensitive issues to management in a persuasive manner. Communication should be crisp and precise to avoid interpretations.
- Leadership
- Ability to assess priorities, adapt to a changing environment, organize and lead resources, monitor progress and timely deliver a high quality end product. The individual should be enthusiastic, self-motivated, effective under pressure, encourage the team to think out of the box and implement feasible ideas.

**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 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.

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 convenie



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