Cib - Trading Lifecycle Associate Ii - Mumbai, India - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job Description - Associate
JPMorgan Chase is a leading global financial services firm with operations in more than 50 countries.

The firm is a leader in investment banking; financial services for consumers and businesses, financial transaction processing, asset and wealth management and private equity.

Under the JPMorgan, Chase and BankOne brands, the firm serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients.

JOB TITLE:
Associate (Individual Contributor)

LOCATION:
Mumbai

DEPARTMENT:
Currencies FX Operations

REPORTING TO:
Vice President

The Currencies Operations EMEA team is responsible for Confirmation and Settlement of FX transactions. All trades booked by front office have to be confirmed and settled within tight deadlines.

Experience
The applicant should have an in-depth knowledge of the FX Confirmations/Settlements area with a minimum of 8 years experience. Treasury/Cash Management experience would also be applicable.

Role Description

Role will be focused on mastering all aspects of FX confirmation and settlement functions, Change Management and key control processes.
Good knowledge of different payment messages like MT202,MT103, MT199, etc.
Nostro reconciliation / Post settlement knowledge would be added advantage
The incumbent should have strong relationship skills to manage relationship with Middle Offices and Front Offices.
Risk Mitigation of trades daily as per procedures set by the business. Proven experience of reviewing the inherent risks, ability to spot the gaps and instituting preventive and detective controls.
First Escalation contact, ensuring all outstanding issues are reviewed and appropriately escalated in a timely manner
Ensuring that all issues are investigated and resolved in a timely manner as per SLA.
Understand and ensure compliance with control and regulatory requirements
Participate in the implementation of strategic initiatives, identify process improvements and efficiency opportunities in the daily workflow.
Ability to quickly understand a complex matrix of operating systems across the infrastructure and their interrelationships and dependencies
Should be able to motivate team, identity developmental areas of Team Member and assist in grooming the team towards success.

Required Skills and Qualifications

Graduate/Post-Graduate in Finance / Business Administration / Accountancy with good academic record and 8 years experience in Investment Banking / Treasury Operations.
Relevant knowledge and experience of FX/FX options (MT messages, Fx /FxO Payment processing and CLS Settlements)
Demonstrated team experience, with strong focus on controls
Strong interpersonal skills and ability to build business relationships
Ability to multitask in a constantly changing, global, virtual team environment
Excellent written and verbal communication skills.
Strong analytical and problem solving skills.
Technical skills required: MS Word, Outlook, MS Excel and Internet
Quick learner & flexible for any shifts
Ability to work under stress with accuracy
Strong teamwork, people and organizational skills

Able to critically challenge with the goal of identifying control issues and process improvement opportunities

Competencies

Leadership
Leads by example and is an effective role model (e.g. takes the lead and actions reflect an appropriate level of independence; demonstrates the ability to initiate and effect change and continuous improvement, contributes significantly to the ongoing development of people.)

Communication

Is organized, clear and confident in written and oral communications. Actively engages in discussions offering expertise, opinions and advice.

Teamwork

Creates and/or contributes to an environment of collaboration and mutual responsibility (e.g. effectively influences others to gain cooperation and address issues; initiates and is responsive to requests from other products, regions, etc.)
Should be creative and innovative; challenges status quo; generates strategic advice/product/client solutions
Have a track record of formulating innovative ideas and gaining buyin from senior management in addition to a track record of execution/delivery/process improvement/leadership in a challenging environment

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 opp