JOB DESCRIPTION Company Overview
JPMorgan Chase & Co. is a leading global financial institution with assets under management of more than $2.9 trillion, over 250,000 employees and operations in over 60 countries.
J.P. Morgan Asset Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.
The Asset Management Operations division of the firm is recruiting for Trade and Transaction support group for the Alternatives Operations team in India. The team supports several middle office operations processes for Global Alternatives investments, including: trade support, cash management, transaction processing, data compilation and validation, and direct front office exposure to ongoing portfolio management and for new client or product launches.
The candidate must be able to support multiple processes and project deliverables simultaneously while also thinking strategically to align with the organization's broader goals and objectives. The candidate will have exposure to Real Estate, Infrastructure, Private Credit, Private Equity and Hedge Fund alternatives product types for institutional, insurance, pension, and retirement accounts. The role will entail understanding trading structures to accurately capture all transactions, complete reconciliation checks, and ensure controls are performed. This will involve working closely with various internal and external teams and the business to ensure deadlines and deliverables are met.
Role Responsibilities:
• Timely and accurate capture of all transactions in the Risk Management Systems. Perform trade support for investor and fund transactions, ensuring timely capture, execution, bookkeeping and settlement
• Complete intraday / end of day processes including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been processed accurately
• Escalate matters of urgency requiring senior management awareness and/or involvement quickly and effectively. Participate in reoccurring audits and regulatory examinations, with ability to respond to questions regarding the operational activities performed within the team
• Clear and concise communication with all support teams to ensure the timely and efficient resolution of queries. Be a key Alternatives Operations central point of contact for all colleagues within the firm. Oversight and governance of multiple vendors and service providers, both internal and external
• Build an in-depth understanding of all trading structures from both a financial and operational perspective. Serve as a product and process subject matter expert able to address complex inquiries from internal and external contacts
• Maintain a strong control environment, ensuring proper documentation of all processes and ensuring always audit-ready and compliant with firm-wide policies, procedures and regulatory requirements. Ensure all controls are diligently performed, completed, and signed off on a timely basis
• Independently identify process improvement and efficiency opportunities and drive them to completion. Participate and contribute to the various strategic initiatives; keep improving and evolving processes and business architecture
• Partner with front offices, core operations, and technology teams globally to ensure the best management of client assets and provide a world class client experience
Qualifications:
This role requires a wide variety of strengths and capabilities, including:
• Bachelor's degree (or greater) from an accredited Business institution
• Minimum of 7-10 years of relevant work experience in the financial services industry
• Knowledge of the front to back operations process and recognize the impact of the actions of the trade support team
• Excellent written and verbal communication skills, ability to influence, lead discussions and work collaboratively with all levels of the organization
• Strong analytical, problem solving, control mindset, time management, interpersonal, and project management skills
• Ability to manage concurrent assignments effectively and efficiently incl. multi-task and prioritize work in a deadline oriented environment
• Strong attention to details, self-motivated and proactive with the ability to work in a team as well as independently in a fast-paced changing business and technical environment while displaying solid sense of ownership
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 FAQs 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.
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