• Securities Services -Operations-Transaction processing Specialist - Team Leader Jobs in Hyderabad,India

  • JPMorgan Chase & Co
  • Save Job
  • 0 - 1 Years
  • Posted : above 1 month

Job Description:

JP Morgan is a leader in financial services, offering innovative and intelligent solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available We have been helping our clients to do business and manage their wealth for more than 200 years and we keep their interests foremost in our minds at all times This combination of product strength, intellectual capital and character sets us apart as an industry leader JP Morgan is part of JP Morgan Chase & Co (NYSE JPM), a global financial services firm

JP Morgan Custody provides Institutional investors access to markets worldwide for the settlement, safekeeping and asset servicing of securities, along with ancillary services such as Foreign Exchange and Liquidity Solutions This product suite, along with our Markets business, helps us service our core client segments Asset Managers, Asset Owners, Insurance/GSEs, Banks/Broker Dealers and Hedge Funds and Alternatives We are committed to delivering investor solutions that help clients protect their portfolios, optimize their efficiency and maximize opportunities in diverse global markets

Department Description

The Custody Middle Office is responsible for ensuring all aspects of operations for clients are completed, transactions are processed on time, exceptions are resolved proactively; provide single point of contact team and subject matter expertise to the clients Middle Office covers trade instruction capture, settlement; fail management, cash instruction capture, projections, overdrafts, asset servicing instruction capture, dividends, foreign exchange, collateral, derivatives lifecycle management and bank loans

Job description

Incumbent will be responsible for managing Custody Middle Office Authentication function for flawless delivery, accountable for proper change management & process improvement

Key Roles and Responsibilities

Responsibilities include

Execution of daily business as usual (BAU) tasks/activities in the most efficient and highly control framework oriented environment

Exhibit knowledge on Signature Validation for Trade/ Payment instructions received from Clients

Clarity about beneficiary account details to verify during Callback for Outgoing payments from JPM

Publishing / Review of Daily/weekly performance metrics pertaining to the function and to identify and track reasons for deviation from agreed levels or expected behaviour

Ensure follow up and escalate for all ageing items

Ensure timely review and certification of Authentication function Procedures, Operating Service Agreements and Business Resiliency plans

Review and improve on productivity benchmarks on an ongoing basis

Active participation in multiple forums such as Product, Client Service, Strategy to analyse the impact basis market changes and to drive Tech Initiatives to meet client expectation and internal functional goals

Create strong resiliency & backups within the team by active involvement in day to day activities and training initiatives

Work in partnership with Operations Control Management / Risk teams for performing QA testings, MIS and Internal and External Audits

Core Abilities

Excellent prior custody & fund services, markets or prime brokerage operational experience

Ability to be flexible, follow tight deadlines, organize and prioritize work

Strong analytical and problem solving skills including taking the initiative to drive change and enhance controls

Ability to manage through a changing business landscape

Candidate must have a control focused agenda, and a thorough understanding of program/project risk

Anticipate issues and aggressively drive initiatives to ensure results

People and Communication

Strong oral and written communication and presentation skills including the ability to communicate strategic messages clearly and consistently with the team, making linkages to individual goals and accomplishments

Proactive in identifying and escalating issues

Business and Subject Matter Knowledge

Strong financial markets product knowledge and understanding of the transaction lifecycle in Custody

Subject matter expertise in Equities, Fixed Income, FX, Collateral, Derivatives preferred

Education and Certifications

Bachelors Degree required or equivalent

Proficiency in MS excel and an ability to clearly storyboard using PowerPoint is essential

Behavioural Competencies -

Logical, structured approach to planning, problem solving and decision-making

Self-starter with an ability to manage workload and deliverables for the team

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Banks/Insurance/Financial Services
Role : Banking -General
Salary : As per Industry Standards
Deadline : 25th Feb 2020

Key Skills:

Company Profile:

Company
JPMorgan Chase & Coarfix

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