Payment Lifecycle Specialist

Posted 3 Days Ago
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Mumbai, Maharashtra
Hybrid
Junior
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Payment Lifecycle Specialist, you will manage client inquiries, ensure effective resolutions, and monitor funds transfers while applying expert judgment to mitigate risks. This includes reviewing and processing compensation claims and leveraging a working knowledge of funds transfer operations and SWIFT practices to ensure compliance and efficiency in transactions.
Summary Generated by Built In

Job Description
Take a lead role in acquiring, managing and retaining meaningful relationships that deliver outstanding experience to our customers. In this role, you will balance your focus on business results by offering options and finding solutions to help our customers with issues.
Job Summary:
As a Payment Lifecycle Specialist within JPMorgan Chase, you will play a pivotal role in maintaining the strength and resilience of our firm. Your contributions will be instrumental in promoting responsible growth, as you foresee new and emerging risks and apply your expert judgement to tackle real-world challenges impacting our company, customers, and communities. In our culture, we encourage innovative thinking, challenging the status quo, and striving for best-in-class performance.
Job Responsibilities:

  1. Handle inquiries from global clients and work towards their effective resolution.
  2. Handle varied inquiry types like UTA, BCNR, Amendment, Recall as per standard operating procedures.
  3. Review, research, and dispose of funds transfer by crediting client accounts or returning funds to the remitting bank.
  4. Review, research, and re-effect funds to beneficiary banks as per amendments.
  5. Review and process accounting for compensation claims on behalf of clients.


Required Qualifications, Skills and Capabilities:

  • Minimum 2 years of experience in Global Investigations
  • Graduates with good academic record.
  • Experience and a working knowledge of various aspects of funds transfer Operations. 2 years of experience in a backoffice operations of a reputed foreign bank or it's processing arm/private sector bank/public sector bank as a supervisor
  • Working Knowledge of SWIFT & international payment conventions & practices
  • Good Interpersonal skills to be able to communicate internally or externally and at all levels and should be a team player.
  • Excellent written & oral communication skills in English.
  • A proactive approach to problem solving, taking ownership of issues and having the determination to follow through. Escalate issues as appropriate.
  • Strong PC and analytical skills.
  • Knowledge of MS Access, Excel, PowerPoint, and Word.


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.

What the Team is Saying

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