Nostro Pool Associate Lead

Posted 7 Days Ago
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Bournemouth, Dorset, England
Hybrid
1-3 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Nostro Pool Associate Lead position involves providing operational and strategic support to the Treasury CIO, focusing on cash position projections, automation of cash movement processes, and improving account data quality within the Payment Services team.
Summary Generated by Built In

Job Description
Are you enthusiastic about problem solving and are motivated by tight deadlines? Join our Payment Services team and utilise your skills!
As a Nostro Pool Associate Lead within the Payment Services team, you will be responsible to deliver operational and strategic support to Treasury CIO. Including cash position projections, predictions, and post cash movement analysis on managed accounts. You will also be working on the automation and enhancement of the cash movement processes and remediation of the existing cash Nostro landscape, to improve account data quality, strengthen controls and address lost revenues, increased costs, and operational inefficiencies. You will work with the Cash Asset Platform Expense Service owner, to achieve all associated organisational and workforce aligned objectives. The "Pool" is the collection of all JPMC Primary Cash Accounts (Nostros) in EMEA for the purposes of booking all Expense and redirecting to the appropriate LOBs (Line of Business's).
Job responsibilities

  • Achieves global Pool coverage by delivering equivalent capability for WHEM (Western Hemisphere) & APAC (Asia Pacific)
  • Improves accuracy of the redirect mechanism io improve transparency and traceability for the LOBs
  • Industrialises the underlying processes & tools used to manage the Pool to achieve sustainability, scalability, and service level optimisation
  • Increases the frequency, timeliness, and quality of Pool reporting for all stakeholders
  • Ensures ongoing accuracy of Pool coverage through rigorous and sustainable analysis of the account population
  • Drives visualisation of data to enable decision making, prioritisation and continuous improvement
  • Builds strong relationships with key partners (Settlement Operations, Finance Controllers, Product Controllers, Cash Asset Class Controllers)
  • Identifies, monitors and manages through metrics that matter
  • Participates in collaborative initiatives with team members and service partners, looking for ways to continually simplify, improve, and add value to existing business processes


Required qualifications, capabilities, and skills

  • Exemplifies the highest standards of ethics and integrity
  • Strong work ethic, self-starter who is creative with a 'can-do' attitude
  • Takes responsibility and ownership for issues and follows through to resolution with timely and relevant communications
  • Excellent prioritisation, planning, organisational and time management skills, with the ability to handle multiple priorities and to act with own initiative
  • Strong interpersonal skills, confident in both verbal and written communication at all levels, Influencing action and change
  • Analytical mindset with ability to perform meaningful analysis, understand and explain underlying drivers (i.e., tell the story behind the numbers)
  • Strong data centric and problem-solving mindset prepared to puzzle-solve and design innovative solutions
  • Transformation - challenge the status quo and be disciplined in implementing project plans
  • Desire to receive feedback and continuously improve, demonstrating a growth mindset


Preferred qualifications, capabilities, and skills

  • Experience in Cash, Payments or Finance
  • Data Management - able to effectively apply best practices in data management without compromising speed and quality
  • Data Analysis - skills to source, analyse and visualize large data sets that leads to usable outcomes
  • Project Management - execution focused and risk aware, a problem solver who can articulate clear and workable solutions
  • Experience of Industrialisation of new processes
  • Passion for continuous service improvement, creating conditions for identifying and solving process, data and finance problems


About Us
J.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.
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
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
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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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