The FX Settlements Analyst role is responsible for executing end-to-end settlement for foreign exchange transactions, with a focus on FX Sell flows, ensuring accuracy, timely execution, adherence to applicable policies and requirements, strong process controls, and diligent operational risk management. The role includes settling FX Sell trades, reviewing foreign currency payment instructions for consistency with executed trades, processing tax payments on behalf of clients, analyzing and resolving internal reconciliation breaks, prioritizing the payment queue based on criticality, value date, amounts, risk and client/business impact, escalating as needed and partnering with relevant teams to resolve exceptions and drive continuous improvement.
Job Responsibilities:
Execute daily operational routines and controls in accordance with established procedures within the FX Settlements Team.
Execute payments by reviewing payment instructions based on the golden source / banking channel indicated by clients, with diligence.
Monitor and prioritize operational payments based on criticality, cut-offs, amounts, etc.
Collect taxes on behalf of clients.
Analyze and substantiate internal reconciliations and act to resolve potential breaks.
Provide cross-border operational support to the Front Desk and internal support functions, partnering with Treasury, Middle Office, and global Operations teams to ensure timely execution, effective issue resolution and clear escalation across time zones and cut-offs.
Monitor and adjust transactions to be settled in the Brazilian´s Central Bank.
Identify opportunities to improve our processes.
Develop improvements and system-based solutions to optimize efficiency and effectiveness in operational processes.
Required Qualifications, Capabilities & Skills:
Bachelor’s degree in Business Administration, Comex, Economics, or Accounting.
Operational experience and/or knowledge of the Financial Services industry required.
Experience with operational processes and controls is required.
Understanding of Payments Operations processes and controls is considered an advantage.
Strong ability to manage a high workload and set priorities is desirable.
Experience with process automation tools—preferably Alteryx or Python—to identify and implement efficiency improvements is desirable.
Advanced English (written and spoken) is desirable.
Preferred Qualifications, Capabilities & Skills:
Knowledge of Fx transactions lifecycle is preferred.
Reminder: To apply for positions designated for people with disabilities (PCD) in Brazil, it is necessary to provide proof through a medical report during the selection process.
About UsJ.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.Skills Required
- Bachelor's degree in Business Administration, Comex, Economics, or Accounting.
- Operational experience and/or knowledge of the Financial Services industry.
- Experience with operational processes and controls.
- Understanding of Payments Operations processes and controls.
- Ability to manage high workload and set priorities.
- Experience with process automation tools, preferably Alteryx or Python.
- Advanced English (written and spoken).
- Knowledge of FX transactions lifecycle.
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
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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