CIB - CLIENT ACCOUNT SERVICES - Acct and Reference Data Analyst - Team Leader

Job Location:  Hyderabad
Job Description:  SkillSet: " payment systems", " time management", " investment banking operations", " mis reporting", sql.

About J.P. Morgan

JPMorgan Chase Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 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 customers 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.

J.P. Morgan Network Management

Network Management is a global function within Digital Platform Services (DPS) of the Corporate and Investment Bank (CIB) responsible for managing J.P. Morgan s network of agent banks and financial market infrastructures (FMI) to meet J.P. Morgan s requirements for cash and securities services for principal and client activities in over 100 markets. The network of providers includes banks, sub-custodians, payment systems, central counterparties, securities depositories and cheque clearing systems.

Network Management has a global presence in key locations globally to provide market coverage and is comprised of several teams including, Network Management (NM), Performance Management (PM), Network Client Consulting (NCC) and Network Oversight (NMO).

Leverage your unique background, experiences and skills to help innovate and add value

Diversity and Inclusion are the cornerstones of JPMorgan Chase s corporate culture. We recognize that we gain strength from a diverse workforce and embrace our differences. We are committed to a culture of openness and meritocracy, and believe in giving every individual an opportunity to succeed while bringing their whole selves to work. Every unique skill, perspective and experience is valued irrespective of background, age, disability, gender identity, ethnicity, religion or belief and sexual orientation. Different perspectives built on diverse experiences bring strength and creativity to our work and lead to the best solutions for our clients.

If you re passionate, curious and ready to make an impact, we re looking for you to help us grow and position our businesses for the future.

What to expect:

The Agent Securities Account Governance utility is a newly formed unit responsible for agent bank and FMI security account oversight: central cataloguing, consistent data attribute validation, naming integrity conformity, and dormancy management. The unit will take a firmwide view to ensure global compliance with regulatory standards and adherence to the firm s account policies and standards across all Lines of Business.

About you:

We're looking for a highly-driven individual with an interest in working in financial services and at JPMorgan Chase. Your roles responsibilities will include:

  • Creation of centralized securities agent / FMI account inventory for all LOB to capture critical data attributes, account ownership and purpose. Work with CIB Technology partners to define business requirements
  • Management and escalation, where required, of account owner designation and recertification
  • Accountable for validation of monthly account attestation reports from securities agents vs. LOB ledger records, with development of automated account data attribute reconciliation(s)
  • Development of checks on account data with dynamic alignment of account inventory to agent contracts
  • Accountable for identification, investigation and resolution of partial or complete account breaks
  • Remediation of aged agent account data anomalies
  • Monitoring and management of dormant account estate in line with LOB dormancy policies
  • Partnership with Nostro Management group in Wholesale Payments to ensure synchronization with cash models, where appropriate
  • Proactively leveraging data insights and thematic analysis to produce securities account MIS reporting for LOB / Legal Entity boards and regulators
  • Monitoring of J.P. Morgan legal entity restructures, mergers and name change initiatives to ensure external agent account record changes are executed correctly
  • Ensuring integrity of account structure operated with sub-custodians adheres to global and local regulatory market rules

About your skills experience:

  • A deep understanding of sub-custodian securities account data attributes and structures: omnibus, sub-custodian segregated, CSD segregated, beneficial owner direct-holding and client vs. proprietary segregation
  • Awareness of European financial regulations impacting securities account structure e.g. CASS, AIFMD, UCITS V
  • Knowledge of sub-custody and financial market infrastructures landscape
  • Familiarity with data visualization / analytics tools Tableau, Xceptor, Alteryx
  • Ability to forge strong working relationships with business partners across firmwide LOBs and agent banks
  • Communication, negotiation, analytical and influencing skills
  • A good understanding of the firm s products and appreciation of respective business environments
  • Motivated self-starter, with the ability to pick up and learn new skills and knowledge quickly
  • Attention to detail combined with an ability to absorb information and form an opinion or conclusion
  • Proven self-starter, able to prioritize their own and other people's input
  • Excellent report writer and summarizer of complex issues / solutions
  • Ability to complete work to deadlines, with a sense of both urgency and accuracy thorough effective time management including goal setting, planning, prioritizing, scheduling, and monitoring

About your qualifications:

  • Overall 3 years of experience in Custody / Investment Banking operations
Functional Area:  General / Other Software
Experience:  3 - 7 years
Qualification:  ("Graduation in any field")
Salary:  5 Lakh to 7 Lakh INR
Job Ad publication date: 17 Apr 2021