Billing Ops Payment Lifecycle Associate

JPMorgan Chase Bank; Bengaluru; On-site; INR 600,000 - 1,200,000; Full time

Job summary

JPMorgan Chase Bank in Bengaluru is seeking a Payment Lifecycle Associate II to lead Invoice Clearing operations and optimize payment processing workflows. You will coordinate with Billing, Operations, Finance and Client Service to resolve issues, improve controls, and drive efficiency across APAC, EMEA and WHEM regions.

The role emphasizes team leadership, audit readiness and process automation while ensuring strong stakeholder communication and timely escalations.

Qualifications

• Bachelor's degree in a commerce/finance-related field.
• Experience in billing operations, payment application, invoice clearing or cash allocation.
• Strong understanding of basic accounting principles, especially reconciliation.
• Demonstrated people leadership and mentoring abilities.
• Risk and control mindset with remediation skills.

Responsibilities

• Lead day-to-day Invoice Clearing operations ensuring timely matching of payments to invoices.
• Manage team capacity, allocate work based on volume, aging, and risk.
• Monitor payment-matching timelines and error rates.
• Investigate and resolve payment breaks by coordinating with key stakeholders.
• Maintain strong control environment and ensure adherence to procedures.
• Analyze operational data to drive productivity and accuracy improvements.
• Represent Invoice Clearing in governance and stakeholder forums.

Skills

People leadership

Stakeholder management

Communication

Process improvement

Education

Bachelor's degree in Commerce, Finance, Accounting, Business Administration or related field

Tools

ISO messaging processing

Swift messaging

Job description

Join a team shaping the future of digital payments and drive your professional growth. Become a pivotal leader at the forefront of revolutionizing payment operations, where your expertise will help drive efficiency across our financial systems.

As a Payment Lifecycle Associate II within Payments Operations, you will play a pivotal role in enhancing our payment operations framework by streamlining processes, implementing new technologies, and developing operational functions. You will manage payment processing across various products, ensuring smooth fund transfers and reconciling purchase and sales options, futures, or securities, while leveraging your proficiency in automation, cybersecurity, and anti-fraud awareness to ensure security and efficiency. Your ability to manage stakeholders, influence decisions, and handle conflicts will drive mutually beneficial outcomes, and your strategic planning skills will guide our direction and resource allocation decisions. Additionally, your proficiency in AI/ML will be utilized to solve complex problems and enhance processes, applying your knowledge in market product and process improvement to optimize our operations.

Job responsibilities

• Lead the day-to-day Invoice Clearing operations, ensuring incoming payments are accurately and promptly matched and applied to outstanding invoices within established service levels and control requirements.


• Manage team capacity, productivity and daily work allocation, adjusting resources and priorities based on transaction volumes, ageing, risk and operational requirements.


• Monitor key performance and control indicators, including payment-matching timelines, outstanding and aged items, unmatched or unapplied payments, exceptions and processing errors.


• Drive the timely investigation and resolution of payment breaks and exceptions by coordinating with Billing, Operations, Finance, Client Service and other relevant stakeholders.


• Provide active oversight of aged and unresolved items, ensuring appropriate ownership, follow-up, escalation and remediation.


• Maintain a strong operational control environment by ensuring adherence to established procedures, policies, escalation requirements and applicable control standards.


• Investigate processing errors and recurring exceptions, identify root causes and implement corrective and preventive actions.


• Analyse operational data and trends to drive measurable improvements in productivity, accuracy, controls and turnaround times.


• Promote accountability and a strong control culture by reinforcing procedural discipline, accuracy, timely escalation and end-to-end ownership.


• Represent Invoice Clearing in governance, operational, risk and stakeholder forums, providing clear updates on performance, risks, issues and improvement initiatives.

Required qualifications, capabilities, and skills

• Bachelor s degree in Commerce, Finance, Accounting, Business Administration or a related discipline.


• Relevant experience in billing operations, payment application, invoice clearing, cash allocation or comparable financial operations.


• Strong understanding of basic accounting principles, particularly payment application and reconciliation.


• Demonstrated people-leadership experience, including team management, performance management, coaching, mentoring and employee development.


• Strong risk and control mindset, with the ability to identify operational risks, control gaps, recurring exceptions and appropriate remediation.


• Proven ability to manage competing priorities, high transaction volumes, operational deadlines and escalations.


• Excellent written and verbal communication skills, with the ability to communicate effectively with senior stakeholders and cross‑functional partners.


• Demonstrated ability to challenge existing processes and drive continuous improvement while maintaining appropriate operational controls.


• Ability to work the specified shift of 2:00 p.m. to 11:00 p.m. India time and support stakeholders across APAC, EMEA and WHEM.

Preferred qualifications, capabilities, and skills

• Knowledge of ISO or Swift message processing or management.


• Securities Services Billing or a related banking operations environment.


• Knowledge of Securities Services products, including Custody, Fund Administration and Fund Accounting.


• Understanding of how billing, invoice‑clearing and payment‑application activities support Securities Services businesses.


• Experience managing unmatched payments, unapplied cash, ageing, reconciliation breaks and complex payment exceptions.


• Experience working with Billing, Finance, Client Service and Operations teams in a global or regional operating model.


• Experience leading process‑improvement, automation or operational re‑engineering initiatives.