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 $2.6 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
The Business Function
Bank Loan is same as a syndicated loan is one that is provided by a group of lenders and is structured arranged and administered by one or several commercial or investment banks known as arrangers. Bank Loan Admin supports the middle office, front office and back office functions like security setup, accounting, reconciliation and reporting by performing the various tasks on various web based applications.
We are looking for a progressive, assertive individual, confident in their own ability to join our Bank Loan Admin Group to focus on Leveraged Loan Servicing. The successful candidate is expected to be a swift learner due to the diverse nature of our business and the global markets JPMAM transact upon.
Day to day responsibilities include:
· Liaising with Agent Banks , internal Operational desks, global Trade Support hubs and brokerage community in resolving Interest Payment related issues.
· Daily Interest Posting, Accounting, Security Set Up and Reconciliation
· Monitoring and resolving intra-day trade breaks so to prevent internal/external anomalies.
Coordinating and instructing instrument maturities.
· Drive learning and training agenda
· Performing adequate Start and End of day controls
· Work closely with local and global technology team to increase automation and create efficiency in the process
· Work closely with local and global risk team to ensure team is performing as per updated regulatory standards
· Various management reporting’s, KPI and timely CTQ updation
· Query and Escalation management
· Stakeholder management – Global and Local stake holder management
· Ad hoc Audit documentation
The oversight of outsourced back office functions and brokerage community requires an ability to successfully manage relationships. The individual should also be an excellent communicator who needs to be able to provide front to back support for the Bank Loan Admin function. As the job itself governed by critical deadlines we are looking for an individual who focuses on results and is independent in terms of organising the tasks to be achieved that day.
Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.
Sign in to our application system to continue your job search or update your profile.
Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.
The firm invites all interested and qualified candidates to apply for employment opportunities.
Need disability related assistance?
If you are a US or Canadian applicant with a disability who is unable to use our online tools to search and apply for jobs, please click here.
Click here to view the "EEO is the Law" poster.
Click here to view the "EEO is the Law" supplemental poster.
Click here to view our U.S. Pay Transparency Policy.
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.