CA NeWs Beta*: Vacancy for CA in JP Morgan

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Wednesday, July 30, 2014

Vacancy for CA in JP Morgan

CIB Operations (India Operations) is part of the JP Morgan Services India Private Limited; the captive shared services center of JPMorgan in India. CIB is committed to providing operations of the highest quality and our integrated excellence to wide spectrum of banking operations 

Broad Line of businesses under the CIB Ops - India umbrella is Banking Operations, Investor Services, Market Operations, Wholesale Loan Operations & Whole Sale Operation units.

Businesses under each LOBs are as follows

·         Banking Operations
o    Account Services
o    Cash Management
o    Trade Finance
·         Investor Services
o    Asset Servicing & Shared Services
o    Global Fund Services
o    Trades & Settlements
·         Market Operations
o    Derivatives Processing Centre
o    Derivatives Middle Office
o    Futures & Options
o    Treasury/Money Markets/Chief Investment Office
·         Whole Sale Loan Operation
·         Wholesale Operating Units
o    Client & Account
o    Instrument Reference Data
o    Pricing
o    Reconciliations

CIB Ops focuses on building and maintaining strong relationship with clients and partner closely with technology, finance and representatives from lines of businesses to provide real time, world class service in a highly controlled environment.

Position Description:

The Transition / Project manager would have the responsibility to;

  • take up CIB wide projects for strategic initiatives; pertaining to transitions, business alignment within LoBs, governance over operational framework

  • ensure that each requirements and key stakeholders are identified for each project

  • lead the project team, ensure that communication with the key stakeholders is regularly maintained for effective and timely completion of each project


Focus of the Transition Manager / Project Manager is to co-ordinate and facilitate the transfer of service ownership from JPMorgan’s operations teams globally to the Service Delivery team(s) within the operations in Mumbai or Bangalore, India.


The Transition Manager / Project Manager;

  • takes responsibility and accountability for delivering all elements of a series of projects - associated with service transition - to the required timescale, quality and budget

  • will lead the execution of transition plans for all Location Strategy projects

  • is accountable for ensuring that the defined requirements are met by the transition project deliverables and will lead a team of resources assigned to the transition project as well as managing the relationship with the customer, partner(s) and other stakeholders. Depending on project scale and complexity

  • may lead several projects simultaneously

Vendor management skills would be an added advantage as there could be opportunities to explore use of vendor to augment capabilities.

Qualifications


Job Requirements

Education/Professional Qualifications & Skill sets:

·         CA / BTech / MBA with 5-8 years / Graduate or Post-Graduate with 7-10 years experience in operations
·         Candidates preferably to have a recognized project management qualification, e.g. Prince II, PMI - if not they must be able to demonstrate use of structured approach and methods / use of appropriate tools
·         Familiarity with a global bank's process & operational environment including management and external reporting is must. Preferred Strong business knowledge i.e. Investment Banking, Retail & Commercial business including product, process and system knowledge
·         Experienced in consulting with project stakeholders, including the skills to facilitate compromises and resolve conflicting requirements. Strong consulting and stakeholder management skills, a client service philosophy, and the ability to build and foster internal relationships
·         Must be confident and experienced and also be able to interact at senior / middle management level
·         Must be able to get to grips with and manage scope (requirements definition, workshop management & facilitation etc.)
·         Must have experience in project initiation; be able to set up appropriate project structures including project boards etc.
·         Must have demonstrable stakeholder engagement experience including organizing and managing disparate cross-functional / work stream teams.
·         Must have breadth & depth, process, people & technology in a banking / financial services operation & be able to converse confidently & comfortably re processes & operations
·         Good project/programme management experience in operations environment. Might perhaps have experience managing large location strategy initiatives or programmes.
·         Candidates must have had responsibility for people and process elements, ideally a business project manager, who understands human change elements implicit in project delivery.
·         Will also have managed the complexities of big project/programme - managing direct and indirect reports, third parties & key stakeholders
·         Must be a good communicator and be experienced in handling difficult customer situations
·         Must be able to handle high level of pressure associated with complex project and programmes in demanding customer environment
·         Will be self sufficient and require little day to day management support
·         Must be able to cope with the frustrations of having ultimate responsibility but no authority for financial sign-off
·         Also advantageous but not essential - specific transition management experience in an outsourced environment
·         Can operate effectively in a dynamic environment with tight deadlines, and can prioritize one’s own work to achieve them
·         Flexibility to work global hours and willing to travel globally

Job

 Other

Primary Location

IN-MH-Mumbai-Paradigm Tower / 04079

Organization

 CORPORATE & INVESTMENT BANK

Schedule

 Full-time

Job Type

 Standard

Shift

 Day Job

Employee Status

 Regular
Corporate Brand J.P. Morgan

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