Job Description
Join our team as a Senior Team Member and play a vital role in performing Custody Stock Reconciliations for clients across a global network. You'll leverage your expertise in stock and cash reconciliations to ensure accuracy and efficiency in asset servicing. Be part of a dynamic environment where your contributions drive operational excellence and client satisfaction.
Job Summary
As a Senior Team Member within the Custody Stock Reconciliations team, you will execute a variety of functions related to asset and cash reconciliations. Your responsibilities will include investigating discrepancies, providing analytical insights, and collaborating with business partners to resolve breaks. Ensuring all processes meet defined SLAs, you will play a crucial role in contributing to the overall success of our global custody network.
Job Responsibilities
- Perform asset (stock) and cash reconciliations, investigating discrepancies.
- Understand breaks and exceptions, providing analytical reasoning and details.
- Meet or exceed all defined SLAs for quality and turnaround time.
- Work on metrics, dashboards, and reporting documents as required.
- Participate in hub calls and liaise with the business to resolve breaks.
- Address day-to-day queries promptly and effectively.
- Collaborate with resolver groups to ensure timely issue resolution.
- Maintain accurate records and documentation for reconciliations.
- Identify opportunities for process improvements and efficiencies.
- Ensure compliance with all relevant policies and procedures.
- Support team initiatives and contribute to a collaborative work environment.
Required qualifications, capabilities, and skills:
- Hold a B. Com, M. Com, BBA, or MBA degree.
- Demonstrate minimum 3 years of experience with stock and cash reconciliations.
- Exhibit strong time management and organizational skills.
- Pay attention to detail and possess analytical skills.
- Communicate effectively with good oral and written skills.
- Partner effectively with peers, colleagues, and stakeholders.
- Adapt to changing priorities and work under pressure.
Preferred qualifications, capabilities, and skills:
- Possess knowledge of asset servicing, corporate actions, and securities lending.
- Understand trade and settlement processes.
- Have working experience with TLM/TLM Premium.
- Demonstrate understanding of data validation controls.
- Show familiarity with feed validation and out-of-proof checks.
- Exhibit experience in static and feed maintenance.
- Display a proactive approach to problem-solving and process improvement.
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.
