Asset Servicing Team Leader

Year    Mumbai, Maharashtra, India

Job Description


:Organization DescriptionThe 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.Employer DescriptionJPMorgan 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. We also make reasonable accommodations for applicants\' and employees\' religious practices and beliefs, as well as mental health or physical disability needs. Visit our for more information about requesting an accommodation.As an Asset Servicing Analyst within the Securities Services Operation team, you are responsible for the capture, analysis and notification to clients of event information and deadlines, reconciliation and execution of client instructions to the market and reconciliation and posting of clients\' cash and stock entitlements for Income & COACs.The Class Actions & Proxy Specialist ensures timely completion of Class Action processing, including logging and tracking new cases received from vendor, reconciling accounts for certification letters mailing for Managed and Brokerage/Custody accounts. The timely class action filing submission of litigations to vendor by industry deadline. The Specialist performs various control functions to ensure timely execution of all related processes. The Specialist will work on various proprietary systems to research account histories and allocate proceeds. The Specialist will work with the team manager to identify service gaps and implement departmental controls to ensure the integrity of the function, as well as ensuring procedures are documented and kept current. In addition, the Specialist may participate in various project initiatives including user acceptance testing of new or updated processes.Job Responsibilities:

  • Responsible for processing & validation of Income, Corporate actions, and Class Actions.
  • Responsible for investigating and closing all the income exceptions generated through exception management system per schedule
  • Operational management and control of the daily workflow within the Asset Services team
  • Maximize team capacity through effective resource planning and ensure team structure is robust through effective training and succession planning
  • Ensure all daily controls and processing are completed and signed off including client service enquiry resolution, cash and stock break management as well as event management
  • Own issues related to the Asset Services Department and ensure timely escalation to both Operational and Risk leads
  • Continued review of content and presentation of Standard Operating Procedures, in line with introduction of new policies and ongoing risk management activities
Required qualifications, capabilities and skills:
  • Good knowledge of financial instruments and fund accounting terms
  • Good investigation skills and desire to want to "resolve" queries
  • Deadline focused and able to work effectively to very tight deadlines
  • Good team player, keen to support the overall team delivery
  • Clear and effective communication skills, both written and verbal. High attention to detail.
  • Operational subject matter expertise critical e.g. Reconciliation, Settlements, Trade Support
  • Reconciliation's background would be a significant advantage as this evidences the ability to compare transactions/positions and to investigate and resolve differences
  • Client Service experience in Financial Services would be an advantage, as managing/liaising effectively with many groups is key to success
Preferred qualifications, capabilities and skills:
  • B Com/CA/MBA with 3-6 years of experience in asset servicing or investment domain.
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. We also make reasonable accommodations for applicants\' and employees\' religious practices and beliefs, as well as mental health or physical disability needs. Visit our for more information about requesting an accommodation.About the Team: J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

JPMorgan Chase

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Job Detail

  • Job Id
    JD3449130
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year