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714 JPMorgan Chase & Co. Jobs

Reconciliation Manager

12-15 years

Bangalore / Bengaluru

1 vacancy

Reconciliation Manager

JPMorgan Chase & Co.

posted 5d ago

Job Role Insights

Flexible timing

Job Description

Job Description
CIB - Fund Services Reconciliation Manager
Job Description
About J.P. Morgan Corporate Investment Bank
J.P. Morgan s Corporate Investment Bank (CIB) is a global leader across banking, markets and investor services. The world s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Incumbent will be responsible for end to end process management flawless delivery of process, accountable for proper change management process improvement. Continuously develop industry/product knowledge. Ability to understand customer segments and apply different servicing approaches based on customer knowledge level. Implement development plans for staff.
The primary responsibility of this position is to support day to day operations for transaction processing for trades received from global and domestic clients. Incumbent should possess knowledge on working of capital market. He /She should have the ability to work under pressure and meet stringent deadlines. Can effectively work in teams.
Key Responsibilities would include-
  • The incumbent shall be responsible for managing the workflow through the Trade life cycle
  • Responsible for investigation validation of exceptions on Reconciliation (FA v/s Custody)
  • Maximize team capacity through effective resource planning and ensure team structure is robust through effective training and succession planning
  • Ensure all daily controls and processing are completed and signed off including client service enquiry resolution, cash and stock break as all key metrics are produced as required
  • Own issues related to the Asset Services Department and ensure timely escalation to both Operational and Risk leads
  • Ensure all team members adhere to global escalation policies, maintain up to date awareness of RED policies and procedures, attest to operational procedures at required intervals and actively comply with ethics and behavior standards
  • BAU Execution to be best in class. Publishing of weekly KPIs KRIs and to identify and track reasons for deviation from agreed levels. Ensure follow up for all ageing items.
  • End to End process responsibility and to be in control of End of day reports and critical intra day reports.
  • Managing all Exceptions and handholding to closure
  • Play a key role in Audit reviews and checks
  • Assist in preparing and implementing Business Continuity Plans.
  • Review and improve on productivity benchmarks on ongoing basis.
  • Work with VP to ensure regular communication with partner locations.
  • Make performance appraisal for direct reports.
  • Processes research/investigations on appropriate systems to operations
  • Explains product features and benefits
  • Understands how products can solve customer problems
  • Create strong resiliency backups within the team.
  • Work in partnership with Local OCM team for QA Tests, MIS, Audit etc.
  • People Management - Provide direction and leadership to the team. Provide effective communications to the dept, ensuring staff are aware of strategic and regulatory changes in the organization
  • Continued review of content and presentation of Standard Operating Procedures, in line with introduction of new policies and ongoing risk management activities
  • Act as a focal point for issue planning or crisis review situations. The business demands flexibility in production processes and for technical assessments to be made in short time frames.
  • Ensure department has viable Business Continuity and Concentration plans in place, that are tested in accordance with Bank Policy and that all staff are familiar with the plans.
Qualifications
  • Graduate 12-15 years experience
  • Must be able to work under pressure and make accurate decisions in stressful situations.
  • Uses initiative and readily questions
  • Must be able to lead, manage and motivate the teams.
  • Client focused
  • Good time management skills
  • An appreciation of risk and quality issues
  • Control Oriented
  • Proactive, positive approach
  • Able to grasp/learn concepts and procedures quickly
  • Ability to work independently
  • Problem solving skills
  • Attention to detail

Employment Type: Full Time, Permanent

Read full job description

JPMorgan Chase & Co. Interview Questions & Tips

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What people at JPMorgan Chase & Co. are saying

Reconciliation Manager salary at JPMorgan Chase & Co.

reported by 6 employees with 8-14 years exp.
₹9.9 L/yr - ₹15 L/yr
29% more than the average Reconciliation Manager Salary in India
View more details

What JPMorgan Chase & Co. employees are saying about work life

based on 6.2k employees
64%
87%
76%
73%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

JPMorgan Chase & Co. Benefits

Submitted by Company
Employee Programs
Wellness Programs
Health Care and Insurance Plans
Family Care
Retirement Savings Programs
Submitted by Employees
Free Transport
Cafeteria
Health Insurance
Soft Skill Training
Job Training
Work From Home +6 more
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JPMorgan Chase & Co. Bangalore / Bengaluru Office Location

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Bengaluru Office
501, 5th Floor, Prestige Centre Point, 7 Cunningham Road Bengaluru
Karnataka 560056

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