Asset Servicing Specialist

JPMorganChase; Bengaluru; On-site; INR 500,000 - 800,000; Full time

Job summary

A leading financial institution is seeking an Asset Servicing Specialist in Bengaluru. This role involves managing corporate and income related events across asset classes, providing operational expertise, and enhancing process efficiency. The ideal candidate should possess a Bachelor's degree and at least a year of experience in financial services, with skills in asset servicing and Microsoft Office. Join a dynamic team that values diverse talents and innovative solutions.

Qualifications

• Minimum 1 year experience in Financial Services industry.
• Experience in custody asset servicing & fund services or securities lending.
• Ability to manage customer accounts and resolve queries.

Responsibilities

• Reconcile positions and process transactions for the client’s account.
• Perform asset servicing transactions with moderate to advanced complexity.
• Manage corporate and income related events and queries.

Skills

Intermediate to advanced subject matter expertise in asset servicing

Operational experience in securities lending or prime brokerage

Ability to work closely with business partners

Flexibility to follow tight deadlines

Knowledge of Microsoft Office products

Education

Bachelor’s degree

Tools

Microsoft Excel (VLOOKUP)

Job description

Job Description

This position offers a unique opportunity to leverage your intermediate to advanced subject matter expertise in asset servicing, driving process improvements and contributing to the success of our clients. Join us in transforming asset servicing with your innovative solutions and strategic insights.

As an Asset Servicing Specialist within our Asset Servicing team, you will be responsible for managing all corporate and income related events across all asset classes. This includes collections, announcement capture, corporate actions processing, income processing, proxy and controls, entitlement completion and payment processing, and claims management. You will also serve as a point of contact for internal communication with Middle Office and Client Service. This role provides an opportunity to leverage your intermediate to advanced subject matter expertise in asset servicing and to contribute to process improvements.

Job Responsibilities

• Reconcile positions, payments, process transactions to the client’s account.
• Perform both routine and non-routine asset servicing transactions and tasks with moderate to advanced complexity by leveraging intermediate to advanced subject matter expertise. This may include diagnosing problems and providing operational or technical resolution within defined and limited autonomy.
• Manage customer accounts, process payments, income, or taxes, and resolve queries across multiple corporate- and income-related events.
• Understand the asset servicing lifecycle.
• Serve as the point of contact for internal communication with Middle Office and Client Service.
• Review peer work and offer suggestions on process improvements.
• Adapt to extended hours as per business requirements to meet client expectations.
• Work effectively under pressure and in different shifts.

Required Qualifications, Skills and Capabilities

• Excellent prior asset servicing services, securities lending or prime brokerage operational experience.
• Ability to work closely with business partners and interact with all staff levels.
• Ability to be flexible, follow tight deadlines, organize and prioritize work.
• Experience of working on multi-stream programs.
• Bachelor’s degree required Minimum experience 1 year in Financial Services industry, in custody asset servicing & fund services, markets or prime brokerage, securities lending space.
• Extensive working knowledge of Microsoft Office products including Word, Excel (VLOOKUP), and Outlook.

About the Company

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.