Asset Serving Associate

JPMorgan Chase & Co.; Bengaluru; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

JPMorgan Chase & Co. in Bengaluru is seeking a Custody Operations Breaks Management Associate to lead complex break resolution and oversee risk controls for 1,700+ clients with trillions in assets under custody across global markets.

You will investigate break activity, strengthen risk execution, and elevate reporting through disciplined program management. You will build trusted relationships across Operations, Product, Change Management, and Technology while supporting an inclusive,

Qualifications

• Custody operations experience across operations delivery, program management, or risk and control.
• Ability to apply program management standards to plan, execute, and track work.
• Clear written and verbal communication with management, clients, and colleagues.
• Ability to build relationships with a wide range of stakeholders across the firm.
• Track record of delivering results in a risk-based environment with risk reduction.
• Able to learn, document, and implement new processes efficiently in a changing environment.
• Strong time management, multi-tasking, and attention to detail.
• Proficiency with Excel, Word, and PowerPoint to support analysis and reporting.
• Strategic and analytical thinking to assess issues and propose remedies.
• Lead team communication routines with structured updates and follow-through.

Responsibilities

• Certify periodic account coverage across custody to maintain reporting consistency.
• Investigate complex nostro and internal break issues, with escalation and remediation.
• Oversee regulatory oversight activities, including reporting across jurisdictions.
• Drive process improvements, identify automation and matching enhancements.
• Partner with Operations, Product, Change Management, and Technology to deliver solutions.
• Prepare and deliver stakeholder presentations on priorities, progress and decisions.
• Maintain clear documentation through SOPs and SLAs for consistency.
• Execute periodic spot checks to verify controls and breaks processes.
• Analyze themes and drivers of breaks to support control reviews.
• Lead regular one-to-ones and team meetings for updates and changes.

Skills

Custody operations

Program management

Communication

Stakeholder management

Risk reduction

Change management

Time management

MS Excel

MS Word

MS PowerPoint

Strategic thinking

Analytical thinking

Team communication

Education

Bachelor's degree

Tools

Tableau

Alteryx

Job description

Shape the future of Custody Operations by leading complex break resolution and oversight work while building career growth through high-visibility partnerships and delivery.

As a Custody Operations Breaks Management Associate within Custody Operations Breaks Management and Oversight, you will support front-to-end processing for 1700+ clients with ＄27.8 trillion in assets under custody across 100 global markets. You will investigate complex break activity, strengthen risk and control execution, and elevate reporting through disciplined program management. You will build trusted relationships across Operations, Product, Change Management, and Technology while supporting an inclusive, high-performing environment.

Job Responsibilities:

• Certify periodic account coverage across custody to maintain consistency in reporting.
• Investigate complex issues and enquiries related to nostro and internal breaks, including timely identification, escalation, and remediation actions.
• Oversee regulatory oversight activities, including reporting and escalation of operations matters across jurisdictions and legal entities.
• Drive process improvements across break resolution, including identifying automation and matching enhancement opportunities.
• Partner with Operations, Product, Change Management, and Technology teams to define needs and deliver solutions that improve break resolution outcomes.
• Prepare and deliver stakeholder presentations that communicate priorities, progress, issues, and decisions.
• Maintain clear, well-documented communication across internal teams by reviewing and updating standard operating procedures and service level agreements to ensure consistency.
• Execute periodic spot checks to confirm the effectiveness and consistency of controls and breaks management processes.
• Analyze key themes and drivers of breaks to support control reviews, updates, and adherence.
• Lead regular one-to-ones and team meetings to share changes impacting the team, including market, functional, procedural, and service updates.

Required qualifications, skills, and capabilities:

• Demonstrate strong custody operations experience across operations delivery, program management, or risk and control.
• Apply program management standards and methods to plan, execute, and track work in a controlled environment.
• Communicate clearly in writing and verbally with management, clients, and colleagues.
• Build relationships with a wide range of stakeholders across the firm.
• Deliver results in a risk-based environment with a track record of risk reduction.
• Execute effectively in a changing environment by learning, documenting, and implementing new processes efficiently.
• Prioritize competing demands through strong time management, multi-tasking, and attention to detail.
• Utilize advanced Microsoft Excel, Word, and PowerPoint skills to support analysis, documentation, and presentations.
• Demonstrate strategic and analytical thinking to assess issues and propose practical remediation actions.
• Lead team communication routines through structured updates, clear expectations, and consistent follow-through.

Preferred qualifications, skills, and capabilities:

• Hold a relevant degree or demonstrate an equivalent track record of performance in a similar role.
• Demonstrate financial services experience, ideally within custody or an investment banking environment.
• Show experience managing global teams within custody operations, including exposure to trades, settlements, lending, asset servicing, or middle office activities.
• Apply proficiency with tools such as Tableau and Alteryx to support operational insights and monitoring.
• Demonstrate project management skills that support planning, governance, and delivery.
• Developing experience using AI-powered analytics, workflow automation, or intelligent process tools to drive efficiency gains, reduce manual effort, or improve accuracy in operational processes.