Alternatives Treasury Operations - Mumbai, India - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

Mumbai, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

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 over $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.

Job Overview

The Asset Management Operations division of the firm is recruiting for Treasury Operations within 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, payments and treasury operations, data compilation and validation, and direct front office exposure to ongoing portfolio management and for new client or product launches.

The role will be tasked with ensuring the group's accounting and reporting functions are operating efficiently by working closely with members of the Treasury Operations team and the business to ensure deadlines and deliverables are met.

Bank account opening and maintenance
Implementation, control and oversight of electronic banking platforms and useradministration
Oversight and daytoday management of payment infrastructure for:
Internal Stakeholders
Fund Administrators
Paying Agents
Payment processing, cash repatriation and investor distribution
Vendor Management Support
Depository Institutions
Lending Banks
Financial Counterparties
Treasury Policy oversight and execution
Internal and External reporting:
Financial Risk Management Support
Monitor, organize and track all vendor Invoices, property funding and transfer requests received from the GRA teams and process them on workflow/Kyriba.
Perform daily reconciliations of property and fund level bank accounts, bank balances and variances. Resolve any discrepancies by working with internal/external parties.
Monitor fund level account balances and ensure sufficient funds are available to make payments each day.
Validate vendor & settlement instructions received from GRA teams and have it setup on Yardi/Kyriba.
Work with respective banks for account maintenance and closure's per controller/property manager's confirmation.
Ensure all payments flow through Yardi and Kyriba successfully by monitoring the progress each day through Spectrum tool.
Collaborate with tech and business teams to improve payment processing tools and highlight potential issues.
Prepare analysis of process and update procedures regularly.
Perform ad hoc tasks

**Skills

Excellent communication skills, both written and oral, including the ability to interact with all levels of the organization.
A strong understanding of accounts payable processing.
Strong problem solving, analytical, and decisionmaking abilities.
Ability to multitask and prioritize work in a deadlineoriented environment.
Ability to think about processes and impacts in a nonlinear fashion.
Detail oriented including strong documentation skills.
Desire to "roll up your sleeves" and work independently and as a team player.
Ability to adapt to a rapidly changing business and technical environment.
Proficient in Microsoft Excel and Word.
Good to have Kyriba (Third party payment tool) knowledge / working experience

Qualifications
This role requires a wide variety of strengths and capabilities, including:

Bachelor's Degree in Accounting, Business Administration, or Finance from an accredited Business institution
Minimum of 5+ years of relevant work experience in the financial services industry with a t least 3+ years of experience in accounts payable/expense processing/treasury operations experience or other relevant financial services experience.
Selfmotivated and proactive with the ability to work independently as well as be able to effectively work in a team.
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. multitask and prioritize work in a deadlineoriented environment
Strong attention to details, selfmotivated and proactive with the ability to work in a team as wel