Payment Operations

JOB DESCRIPTION

Are you ready to lead and innovate in a dynamic environment? Join J.P. Morgan Mumbai branch as an Associate within the Payment Operations team. You'll manage the daily end to end Operations and transaction processing for the unit, supporting our Commercial and Investment Banking clients. This is your opportunity to work with cutting-edge technology, enhance your leadership skills, and drive operational excellence. Be part of a team that values growth, innovation, and client satisfaction.

As an Associate within the Payment Operations team, you will be responsible for managing transactions processing, control and governance aspect for Payment Operations for the India branch, providing support to our Commercial and Investment Banking clients in India. You are committed to creating and managing daily volumes and ideate innovative solutions that cater to our clients' needs on a global scale. Utilizing the latest technology, you strive to provide industry-leading capabilities to our clients and customers, ensuring a seamless and convenient business experience.

Job responsibilities

• Be responsible member within the unit to manage end to end transaction processing for Cross Border and Domestic Payment operations unit.
• Manage regulatory compliance and managing regular enquiries on Cross Border and Domestic Payments from client and internal stakeholders.
• Handle regulatory reporting which needs to be submitted to the regulator(s)
• Scrutinize documentary evidence in light with the required regulations prior to processing transactions.
• Liaise with Compliance, Legal and Sales team and Product team with regards to the transaction handling and changes if any from a regulatory guidelines perspective.
• Work with the team and support in roll out of cash products initiatives including system and technology rollouts for clients.

Required qualifications, capabilities, and skills

• Bachelor's Degree
• At least 8 years of work experience in Trade Finance or banking related roles
• Possess strong knowledge of banking norms and regulations in general and Foreign Exchange Management Act (FEMA) guidelines in specific
• Should have thorough knowledge of the regulations around current and capital account transactions.
• Excellent communication skills- verbal and written
• Excellent interpersonal and partnership skills
• Excellent skill required to handle Microsoft Word/Excel/PowerPoint

Preferred qualifications, capabilities, and skills

• Master of Business Administration (MBA) is a plus
• Chartered Accountant certification is benefic

ABOUT US

JPMorganChase, 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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.