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Job Description:

Asset Management - Position & Trade Management (Trade Support) - Team Leader Req # 190046783

Location Mumbai, MH, IN

Job Category Asset Management

JP Morgan Asset & Wealth Management, with client assets of $25 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

PURPOSE

Trade Support and Global Cash team is responsible for trade reconciliations, trade reporting, trade repairs, Fails Reporting and follow-up, Processing of Time Deposits, Confirm-affirm for Muni Bonds etc This function includes multiple sub-processes which involves maker and checker steps built-in

KEY PERFORMANCE AREAS AND PERCENT TIME

Trade Confirmation - Trade Matching of Time Deposits & Municipal Trades with LOUs/brokers

Fails Resolution - Emails on Fail-station trades and monitor/respond to fail reports from brokers and custodians until resolution

Confirm Affirm/Near Match - Affirmation of trades on manually Market wide agreed parameters & follow up on discrepancies

Factor Management - Factor Revisions on Fixed Income trades upon factor revision as per Bloomberg

AFS Reconciliation - Reconciliation between Trading (AFS) & Accounting System (Eagle)

Time Deposits - Processing & confirming the cash flow with the external brokers for a short term deposits, documentation etc

MINIMUM REQUIREMENTS

Minimum qualifications - Graduate

Minimum experience 2 to 4 years in Banking / Securities Market environment

Key competencies

Required to understand trade support, cash management function across Investment Manager or Investment Banking Operations
Eye for Detail These functions are critical from impact perspective This team supports the Portfolio Management Groups,, Front Office Need eye for detail and there is zero tolerance to oversight mistakes
Analytical Be able to analyze the process flows and ideate on operational improvements
Be a strong team player and must have the capability to build good working relationships with cross functional/geographical teams
Communication (Spoken Assertiveness & Written) Ability to communicate effectively and assist Client Service Specialists with queries/investigations
Actively work with the team to resolve exceptions Document exceptions and discuss new learnings with team

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 07th Jan 2020

Key Skills:

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