Asset Servicing Associate (Mandatory Corporate Actions)

Job Description

 

As an Asset Servicing and Transaction processing Associate within JPMorganChase , you will play a pivotal role in managing the team for asset servicing and transaction process. Your expertise in asset service and trade lifecycle processes will be crucial in ensuring all mandatory corporate actions and client transitions are processed accurately and efficiently on respective platforms. You will be expected to apply your advanced analytical skills and broad understanding of the professional field to solve problems, make decisions that impact the department, and ensure compliance with technical standards and policies.  You will also be expected to handle voluntary corporate action for business resiliency.  

Your role will involve coordinating with various departments managing the mandatory corporate action events and stock movements in and out of client accounts, and preparing and sending beneficiary disclosures holdings report, and resolving breaks.  You will also work closely with Custody Transitions team to plan transition activities around client assets’ corporate action dates.  You will also be responsible for identifying process inefficiencies and implementing improvements, leveraging automation technologies primarily through AI and workflow tools, and managing projects effectively. Your ability to influence and manage internal stakeholders, coupled with your strong presentation skills and market product knowledge, will be key to your success in this role.  

 

Job responsibilities  

• Ensure timely and accurate completion of Control checkpoints, client entitlement reconciliation, disbursement of all payments of cash and stocks to clients and disclosures of beneficiary holdings reporting  

• Ensure timely and accurate transaction processing  

• Review and, where necessary, update existing processes or procedures to minimize risk and improve the operational environment.  

• Build and maintain strong relationships within the team, Client Service/Solutions, Product, Relationship Management, Custody Transitions and other key stakeholders to facilitate smooth transitions  

• • Analyze complex data sets, identify anomalies, and develop effective solutions to ensure optimal outcomes.  

• • Participate in projects and processes, contributing to client-driven and regulatory change initiatives while producing insightful metrics and reports.  

• • Efficiently handle a high volume of queries, demonstrating ownership and clear communication regarding pipeline status and deadlines.  

 

Required qualifications, capabilities, and skills  

• Minimum of 3 years of industry experience, with proven solid experience in day-to-day operation processing.  

• Financial Services background ideally within a Custody or Investment Bank Asset Servicing experience (Income / Corporate Actions ) environment is preferential.  

• Exhibit exceptional problem-solving skills and strategic thinking to navigate complex challenges and leverage AI or workflow tools  

• Thrive in a team environment, working collaboratively to meet deadlines and achieve shared goals.  

• Demonstrate strong time management skills, effectively prioritizing tasks to ensure timely completion.  

• Possess excellent verbal, written, interpersonal, and organizational skills to communicate effectively with diverse stakeholders  

• Be proficient in MS Office tools, including Outlook, Excel, Word, and PowerPoint, with an eagerness to learn automation tools like Alteryx, Tableau, and UIpath  

• Maintain high accuracy rate , be able to validate input and identify exceptions.  

• Exhibit strong analytical skills coupled with independent and reliable decision-making mindset including taking the initiative to take lead in order to drive change and continuously enhance controls focusing on AI adoption  

• Proven experience in driving various process enhancement and digital tools initiatives globally and regionally.  

• Track record of working in a changing environment with the experience of learning, documenting and implementing new processes efficiently.  

 

 

Preferred qualifications, capabilities, and skills  

• Proven record in handling / execution of performing UAT testing for new application  

• Experience of market processes / requirements  

• Involve in multiple process changes and enhancement  

 

About Us

JPMorganChase, 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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our  FAQs for more information about requesting an accommodation.

About the Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.