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CIB - Transaction Processing Specialist - Operations Analyst

Req #: 180016066
Location: Mumbai, MH, IN
Job Category: Operations
Potential Referral Amount: 5000 Indian Rupee (INR)

J.P. Morgan is a leading global financial services firm, established over 200 years ago:

o We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.

o We have assets of $2.5 trillion and operations worldwide

o We operate in more than 100 markets.

o We have more than 243,000 employees globally.

Our wholesale businesses include J.P. Morgan’s Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families. Our corporate functions support the entire organization and include the following functions: Accounting, Audit, Finance, Human Resources, Operations, and Technology.

J.P. Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm’s operations regionally and globally. The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions.

Derivative Operations provides operational support across the CIB covering eight key product areas including FX, OTC Derivatives, Collateral Principal, 3rd Party Derivatives, Cleared Derivatives, Agency Collateral, Billing and CASS with ~1,900 employees.  Services provided to our Businesses include:
  • Transaction Processing, Confirmation, Settlement and Clearing, Collateral Management, Client Service, Invoicing and CASS Support
  • Typical daily activity includes settling in excess of $217B via FX trading, leading a Markets OTC portfolio of 2.5M trades, servicing >200 3rd party clients, performing 10,000 margin calls, processing 470k cleared and intermediated trades and producing >9,000 invoices
Currencies Operation’s primary functions supported covered by the 200+ strong group include; Payment processing and controls, confirmation drafting issuance and matching, client service, economic
affirmation, onboarding to electronic platforms, client money novation, regulatory governance and change management.
Job Description
  • Identify opportunities for improving process flow and quality as seen by the customer.
  • Perform processing functions with minimum supervision and resolve client queries
  • Participate in the rotation of functions with the objective of improving the process flows
  • Assist in the training/education of junior staff in job functions/procedures relating to the unit.
  • Process any required back-up tasks relating to production, identifying ways to improve current working practices.



    Summary of Responsibilities
    • To learn and understand, all processing functions within the unit, ensuring all relevant deadlines and stipulated controls are met.
    • To ensure transactions are processed in accordance with document procedures
    • To be instrumental in identifying system faults/enhancements and be involved in any system implementations from a user viewpoint.
    Skills and Qualifications
    • Good working knowledge of MS office, decent typing skills required.
    • Communication – Is organized, clear and confident in written and oral communications.  Actively engages in discussions offering expertise, opinions and advice.
    • Teamwork – Creates and/or contributes to an environment of collaboration and mutual responsibility (e.g. effectively influences others to gain cooperation and address issues; initiates and is responsive to requests from other products, regions, etc.)
    • Graduate/Degree in Commerce, Science or BMS .
    • Prior experience in the Financial services industry.
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