JPMorgan Chase Bank, N.A. Hiring for Middle Office Transformation – Associate at Bengaluru, Karnataka Full Time

Closely monitor the team on day to day basis to ensure all SLA’s are met and any exceptions are immediately escalated for resolution. Supervise a process which performs Deal Closing, processing Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees and external payments, collection of interest, Nostro & Past Due Reconciliation.

Support the secondary trading desk with Tarde booking and settlements, Adherence to laid down QUALITY & QUANTITY SLA’s are met. Ensure in place, a robust workflow allocation model, Be the SME – Handle complex Process related queries and clarifications from the Team members and route these to onshore teams for resolution if required.

Manage process escalations from internal/external customers, Should have attention for detail to ensure all documents are processed and reviewed correctly. Implement a robust Knowledge Management model including maintenance of SOPs, process/policy change management, training of new joiners and ongoing training of existing Team.

Ensure timely escalation to the management as and when required, 100% compliance to Process related Policies, Guidelines and Controls.

Motivate and support the Team Members to meet their Goals and Objectives. Self-motivated and flexible with working hours. Identify HIPO’s from immediate team and have well charted out plans for them in place, Identify and Process improvements and other initiatives.

Ability to work under pressure and deal with high volumes. Identifying alternatives, options and different ways of looking at issues/problems and to seek alternative scenario’s, Strong communication skills with the ability to communicate at all levels

Required Qualifications, Skills and Capabilities

Bachelor’s degree with a minimum of 10-12 years of relevant loan servicing work preferably for syndicated loans or experience in a back office/financial industry, Candidates with knowledge of loan systems like loan IQ will hold an added advantage

Candidates must have knowledge of nostro/cash matching, General Ledger reconciliation and SWIFT and remittance systems, Strong problem solving and investigative skills to undertake analysis, resolve issues/problems related to the process

Strong risk & control mindset, Knowledge of investment banking products including Loans, Experience in driving small to medium sized projects with strong results

Strong people and performance management skills. Strong escalation management skills

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.