JPMorgan Chase Asset Associate II in Brooklyn, New York
The focus of the group is one of Asset Servicing risk management with additional focus on clients and client satisfaction. This particular position is in the securities Services middle office for asset servicing and relates to the global business. It should be stressed that the group is in support of both clients and operations. There is a far greater slant to the management of the operational and client risk of this business and a great deal of effort is necessary to ensure tight controls around the numerous flows of the various structures and teams.
Strong analytical thinking coupled with strong communication skills are required to balance client risk, reconcile issues across platforms and respond to numerous client and operational inquiries. In addition, the ability to understand and manage the multitude of complex corporate actions that get processed on a daily basis. The candidate must possess strong Asset Servicing experience, specifically with regards to Securities Services.
The responsibilities of the position are:
To manage the process and reconciliation of daily corporate actions and also ensure their accuracy.
To understand the security movements and cash flows associated with each corporate action and to respond to inquiries.
To ensure any client instruction issues for corporate actions are resolved and processed.
To be able to perform reconciliations, review event terms, communicate with clients, business partners and client service managers
To be able to work within a team and lend assistance as needed as workflows increase for other team members
Ability to manage high risk events from end to end, ensure issues are escalated and take ownership through resolution
Ability to discuss risk management of complex corporate action events with high profile risk exposure.
At least 4-6 years of corporate action management / operational experience
A basic understanding in client service is essential
The desire to learn about different types of corporate actions and how they work
Self-starting team player
Analytical and quantitative aptitude
Adaptability to learn new tasks and demonstrate a willingness to understand the detail of a process.
Understanding of process flows: Ability to look at the overall process and explain it to others.
JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
Equal Opportunity Employer/Disability/Veterans