Vacancy for CA in JP Morgan Chase

Job Description 

CIB - ACCE Collateral - Assoc - Mumbai-160008688

Job Description

 

CIB – Assoc – Mumbai (Collateral )

 

 

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.

 

Role Description:

Person will be responsible for Collateral Management & New Business Set up  and building the culture of Continuous Improvement supporting business across DCO, Middle offices as well as Global teams. Continuous partnership with different operations teams within the organization to (re)design the process if required.

 The individual’s key roles and responsibilities are:   

• Collateral Margin Call Exchange and New Business Coast Set up

 

Collateral Management

• Exchanging of Margin calls basis the MTM of Collateralized Counterparty portfolio across Asset class.
• Interaction with the external clients regarding disputes/margin call exchange.
• Raising of Dispute notes to Credit Officers and resolving any queries arising out of it.
• New Business Activities like setting up Agreements, eligible Collateral, Contacts etc in Coast.
• Routing of Breaks/Disputes to Middle Offices, Valuation Control Group etc
• Accurate and timely settlement of both Cash and Security Collateral.
• Manage any new analysis requirements across multiple stakeholders
• Regular update to senior management on regulatory reporting changes, compliance, projects updated and issues.
• Stakeholder Management – Daily in terms of exception management, performance, feedback etc.

Qualifications

 

Qualifications

•  CA/ MBA with 6-7 years / Graduate or Post-Graduate with 8-10 years experience in operations.
• Familiarity with a global bank's process & operational environment including management and external reporting is a must. Strong business knowledge i.e. Investment Banking, including OTC product, process and system knowledge.
• Ability to think and act strategically:
• Deal with day-to-day issues as well as planning and executing projects / initiatives
• Ensuring the team's activities support Operations in attaining its strategic goals
• Excellent attention to detail, and an ability to know when a deep-dive approach is appropriate
• Ability to drive results through a "hands-on" approach
• Excellent verbal and written communication skills, and adept at communicating with all levels of the business and technical parts of the organization
• Ability to manage a team of high achievers with diverse experience and skill sets.  Successful in team environments with matrix reporting structures
• Skilled in identifying talent, recruiting, coaching, mentoring, and developing team members
• Skilled in MS office applications including Outlook, PowerPoint, Excel, Word, Access and Project
• 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, if needed
• Knowledge on Port Rec Tri optima/Collateral (Margin Call/Settlement) would be an advantage

Job

 Operations

Primary Location

IN-MH-Mumbai-L&T Business Park / 32183

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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