Cash and Controls Associate

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Philadelphia, PA
Hybrid
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Job Description
Are you detailed oriented with great oral and written communication skills seeking your next career opportunity? Then this is the right team for you!
As a Cash and Controls Associatewithin the Prime Financial Services team, you will be responsible for moderate to complex tasks involving cash movements in/out of client accounts. You will prepare funding for managed demand deposit accounts (DDA's) and coordinate with other lines of business to facilitate proper funding. You will additionally work in partnership with various Operations departments and team members to meet goals as well.
Job responsibilities
  • Prepare imperative funding for managed demand deposit accounts (DDA's)/Affiliates
  • Review instructions for proper allocation of wires to client/funding accounts within appropriate threshold
  • Reconcile ledgers through investigation using various systems and tools
  • Coordinate with other lines of business to facilitate proper funding
  • Verify internal entries for processing and confirming instructions
  • Manage Projects - work in partnership with various Operations Departments and team members to meet goals
  • Engage in industry change
  • Manage and process high value wires with a key focus on risk and control

Required qualifications, capabilities, and skills
  • Risk and control experience
  • Payments experience including SWIFT / ACH / FED Wire / CHIPS
  • Detailed oriented
  • Good oral and written communication skills
  • Ability to meet tight deadlines in a fast-paced environment
  • Basic computer and Microsoft skills including proficiency in Microsoft Excel
  • Must be willing to obtain Series 99 within first 120 days

Preferred qualifications, capabilities, and skills
  • Project Management experience

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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