Description
The Markets Asset Servicing team manages corporate actions across global markets including Stock Splits Tender Offers and Rights Issues. They handle the announcement processing and settlement of these events as well as the collection and payment of income for all asset classes. A new risk function team analyzes events to understand risk profiles and market exposure ensuring all actions are captured and executed particularly around expiration periods. Key services include proactive management of Corporate Actions Income Taxation Proxy Voting and Client Inquiries / Reporting.
As a Markets Asset Servicing-Associate within Commercial & Investment Bank you will have the opportunity to work with Prime Finance and the Trading businesses and build up comprehensive product and market knowledge. You will work closely with several other groups across the firm including trading desks middle office and financial control teams. This interaction enables employees to gain an insight into other operations and obtain a high level knowledge of the diverse range of the J.P. Morgan products.
Job Responsibilities :
- Analyzing risk of all voluntary corporate actions (all Lines of Businesses)
- Reviewing the finer details of the event to determine nuance risk
- Reviewing the stock record to determine positional risk
- Calculating the market exposure in terms of discount liquidity and volatility
- Checking all events have been captured and are due for instruction on the correct day
- Ensuring corporate instructions are sent to custodians / trading counterparties on time
- Providing opportunity for direct supervision & involvement in project work related to improving efficiency and / or reducing risk
- Investigating and resolving of complex issues and enquiries
- Producing daily management reports to summarize risk and actions taken
- Escalating as appropriate of all risk events ahead of their expiration
- Work with multiple partners : Senior Management Technology Middle Offices Finance Product Control OCM Audit Front office and Clients to manage risk and provide an excellent global service
Required qualifications capabilities and skills
Must have a relevant work experienceKnowledge of the transaction / trade lifecycleGive examples of your risk awareness and operational controls experience within Asset Services.Strong communicator who is confident to express concerns and risk in a timely mannerAdaptability is essential in order to learn the process quickly and efficientlyDiscuss you process improvement experience where you clearly articulate ideas concepts procedural changes to internal colleagues and clients.Proven ability to give examples of your reconciliation and problem solving skillsProven experience within an arena where accuracy is critical within strict deadlines.Excellent communication skills both written and verbal at all levels are necessary to meet the demands of the client base and to support management in an effective mannerFlexible proactive attitude towards work is required as the individual must adapt to the needs of the businessPreferred qualifications capabilities and skills :
Asset servicing knowledge and experience within an operations environment preferred10 years in Asset Servicing preferredRequired Experience :
IC
Key Skills
Diploma,DCS,ABAP,Application Development,Irrigation,Bakery
Employment Type : Full-Time
Department / Functional Area : Operations
Experience : years
Vacancy : 1
Monthly Salary Salary : 88350 - 128000