Custody Operations - Account Maintenance and Onboarding - Associate

Job Description
Are you ready to be a key player in the dynamic world of Custody Operations? This role offers you the chance to leverage your expertise in client account onboarding and regulatory compliance, ensuring seamless trade and settlement processes. Embrace the opportunity to grow your career in a fast-paced environment where your skills in communication, management, and problem-solving will be highly valued. Join us to make a significant impact and drive success in the India trade and settlement landscape.
As an Associate in Custody Operations team, you will provide processing support for effective and efficient delivery of India Custody Operations. You will manage client account onboarding and static data maintenance processes, ensuring compliance with regulations. You will interact with designated depository participants to obtain proper account documentation and prepare regulatory returns and reports. Your role involves supervising daily business deliverables, ensuring service quality, and identifying opportunities for process efficiency.
Job responsibilities:

• Provide processing support for India Custody Operations
• Ensure client account onboarding and static maintenance processes are compliant with Securities and Exchange Board of India (SEBI) and Reserve Bank of India (RBI) regulations and compliance activities such as KYC norm fulfillment
• Manage account opening on Depositories (i.e. National Securities Depository Limited (NSDL), Central Depository Services (India) Limited (CDSL)) to aid client trading in the India market
• Interact with designated depository participants for account documentation
• Prepare, review, and provide timely submission of Regulatory Returns and reports to India Custody business
• Coordinate planning, data preparation, and audit submissions for regulators
• Supervise day-to-day management of business deliverables and the team
• Ensure operational procedures are followed and service quality is maintained
• Identify opportunities for process efficiency and implement in a controlled manner post sign-off from supervisor/Controls team
• Communicate effectively with key stakeholders

Required qualifications, capabilities, and skills:

• Bachelor's Degree
• At least 5 years of experience in banking operations related roles
• National Institute of Securities Markets (NISM) Depository Certification
• Strong analytical skills and proficient in Microsoft Office
• Strong people management skills and experience in managing a team
• Initiative and readiness to question processes
• Flexibility to work on holidays or extended hours during high volume days
• Positive attitude and willingness to take on challenges
• Excellent communication skills

Preferred qualifications, capabilities, and skills:

• Prior experience in securities processing, fund accounting, and/or custody operations
• Professional qualification is an added advantage
• Experience in regulatory compliance and audit processes
• Familiarity with SEBI and RBI regulations
• Ability to manage client and regulator interactions effectively
• Experience in process efficiency and improvement initiatives

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.