Are you ready to take on a leadership role in India Direct Custody Operations? As a Vice President, you will be at the forefront of managing securities markets projects, driving process automation, and enhancing client experience. This role offers you the opportunity to leverage your expertise in custody operations, collaborate with cross-functional teams, and ensure compliance with local market standards. Join us to make a significant impact and advance your career in a dynamic and diverse environment.
As a Vice President in Custody Operations, you will manage securities markets-related projects, identify process gaps, and liaise with Technology team to align technologies with business requirements. You will support the transition from legacy systems to new applications, ensuring operational efficiency and cost savings. Your role involves extensive collaboration with Product, Technology, Legal, Compliance, Risk, Finance, Tax, and Customer Service to maintain high service quality standards and compliance with local market standards.
Job responsibilities:
- Manage India Securities Markets-related projects
- Identify process gaps and workflows, liaising with Technology team for alignment
- Support transition from legacy systems to new applications
- Collaborate with cross-functional teams to ensure operational capabilities meet service quality standards
- Maintain strong working relationships with external partners, including regulators
- Participate in market advocacy to enhance client experience and manage risk
- Evaluate workflows and processes to improve efficiencies and accuracy
- Comply with audit and compliance regulations, serving as the focal point for audits and client visits
- Provide input, development, and management of projects on system enhancements and process reviews
- Identify and manage operational risks, ensuring systems and processes minimize risk
- Develop succession planning and provide development opportunities for team members
Required qualifications, capabilities, and skills:
- Bachelor's Degree
- At least 10 years of relevant experience in a Depository or Custody Operations role
- Prior experience in India Custody Trade and Settlement, Foreign Exchange, and Payments entailing Equity, Derivatives, Currency, Structured Products, Stock Lending, etc.
- Prior experience in Capital Markets, Trade Lifecycle, and/or opening of scheme Accounts with custodians for Trading in Indian and Foreign Securities
- Sound knowledge of India Financial and Securities Market and its operations principals and rules
- Strong people management skills and ability to guide staff in a team-oriented environment
- Strong risk and control awareness, ability to prioritize workloads and meet deadlines
- Excellent communication skills
- Proficiency in Microsoft Office Suite applications, including Word, Excel, and PowerPoint
Preferred qualifications, capabilities, and skills:
- National Institute of Securities Markets (NSIM) Certification in Depository Operations or Risk Management will be beneficial
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.
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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.
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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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