Asset Servicing Associate

Job Description
Embark on an exciting journey as an Asset Servicing Associate within our Asset Servicing Corporate Actions Announcement Capture team, where you will play a crucial role in announcing corporate action events across all Global markets. Your mission is to ensure that all announcements are processed swiftly within 24 hours of receipt and efficiently communicated to our valued clients and subscribers.
This role offers a unique opportunity to collaborate closely with various internal teams, facilitating seamless transaction processing, resolving exceptions, and addressing client inquiries with precision and timeliness. You will also have the chance to partner with client service teams, driving transformative changes in client behavior to eliminate manual processes and enhance efficiency.
As an Asset Servicing Associate within the Asset Servicing Corporate Actions Announcement Capture team, you will be responsible for announcing corporate action events for all Global markets. Your primary goal is to ensure all announcements are processed within 24 hours of receipt and are sent out to the underlying clients/subscribers. This role provides an opportunity to work closely with various internal teams to process transactions, resolve exceptions, and respond to client inquiries in a timely manner. You will also have the chance to partner with client service teams to help change client behavior where required to remove manual processes. This role requires a strong understanding of Risk Management and the ability to manage issues exceptions above materiality thresholds for resolution.
Job Responsibilities

• Process and validate Income & Mandatory Corporate actions efficiently.
• Own issues related to the Announcement Capture Utility and ensure timely escalation to both Operational and Risk leads.
• Supervise the delivery of fund services trades operations BAU for the assigned location.
• Collaborate with various internal teams to process transactions and resolve any exceptions in a timely manner.
• Respond to and resolve client inquiries promptly.
• Perform root cause analysis for respective clients to increase STP and reduce client inquiries.
• Partner with client service teams to help change client behavior where required to remove manual processes.
• Demonstrate a strong understanding of Risk Management and manage issues and exceptions above materiality thresholds for resolution.
• Partner with the technology strategy team to help identify internal and external facing technology improvement opportunities.

Required qualifications, skills and capabilities:

• Bachelor's degree required (B.Tech / MBA / CA's)
• Minimum 5+ years in Financial Services industry, preferably in custody & fund services, markets or prime brokerage space
• Extensive working knowledge of Microsoft Office products including Word, Excel, Access, Visio and Outlook Express (or similar email program)
• Good knowledge of financial instruments and corporate actions
• Excellent prior custody & fund services, markets or prime brokerage operational experience along with managing staff
• Ability to work closely with business partners and interact with all staff levels
• Strong financial markets product knowledge and understanding of the transaction lifecycle in Corporate Actions and/or
• Subject matter expertise in Equities, Fixed Income, FX, Collateral, Derivative

About Us
JPMorganChase, 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's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.