India Branch - Payment Operations (FX) Analyst

J.P. Morgan Chase & Co.; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

JP Morgan Chase in Bengaluru, India, is seeking an Analyst in Payments Operations to process and validate cross-border payments, manage regulatory checks, and resolve client issues under FEMA/RBI guidelines. You will review trade documents, reconcile Nostro/Vostro accounts, and collaborate with Client Service teams to onboard clients and ensure timely, accurate settlement.

You will also handle payment exceptions, conduct investigations, and contribute to audit readiness while maintaining high

Qualifications

• Bachelor’s degree required.

Responsibilities

• Process and validate cross-border payments, checking purpose codes, deal references, charges, foreign exchange rates, tax details, and supporting documents.
• Review trade documents, including invoices, shipping and transport evidence, bill of entry and authorised dealer codes, export realisation documents, and contracts.
• Track export realisation and import remittance timelines and support reporting for current and capital account transactions.
• Check eligibility and limits under the Liberalised Remittance Scheme and other applicable Foreign Exchange Management Act requirements.
• Maintain control evidence and maker-checker checks, and elevate exceptions or suspicious activity to Compliance.
• Investigate payment rejects, returns, recalls, beneficiary non-receipts, and amendments using payment tracking and case management tools.
• Manage a portfolio of corporate clients and partner with Client Service and Implementation teams on onboarding and query resolution.
• Reconcile nostro and vostro accounts and end-of-day balances; investigate breaks and aged items using TLM, TLM GREX, or equivalent systems.
• Complete daily control sign-offs and support audit readiness, including segregation of duties and sanctions screening.
• Analyse recurring issues, identify root causes, update procedures, and share guidance to reduce repeat errors.

Skills

FX operations

Payment investigation

Client service

Regulatory knowledge

Nostro/Vostro reconciliation

Time management

Stakeholder management

Purpose-code mapping

Education

Bachelor’s degree

Tools

TLM

TLM GREX

Job description

Join a team supporting cross-border payments and foreign exchange operations. You will manage payment processing, investigate client issues, and maintain strong controls under India regulatory requirements. This role suits someone who is analytical, client-focused, and comfortable managing time-sensitive work.

As an Analyst in Payments Operations, you will process and validate trade and non-trade foreign exchange payments, review supporting documents, and manage regulatory checks. You will investigate payment issues, manage client queries, and reconcile nostro and vostro accounts. You will work with clients and internal teams to resolve issues, meet service commitments, and reduce repeat errors.

Job responsibilities

• Process and validate cross-border payments, checking purpose codes, deal references, charges, foreign exchange rates, tax details, and supporting documents.
• Review trade documents, including invoices, shipping and transport evidence, bill of entry and authorised dealer codes, export realisation documents, and contracts.
• Track export realisation and import remittance timelines and support reporting for current and capital account transactions.
• Check eligibility and limits under the Liberalised Remittance Scheme and other applicable Foreign Exchange Management Act requirements.
• Maintain control evidence and maker-checker checks, and elevate exceptions or suspicious activity to Compliance.
• Investigate payment rejects, returns, recalls, beneficiary non-receipts, and amendments using payment tracking and case management tools.
• Manage a portfolio of corporate clients and partner with Client Service and Implementation teams on onboarding and query resolution.
• Reconcile nostro and vostro accounts and end-of-day balances; investigate breaks and aged items using TLM, TLM GREX, or equivalent systems.
• Complete daily control sign-offs and support audit readiness, including segregation of duties and sanctions screening.
• Analyse recurring issues, identify root causes, update procedures, and share guidance to reduce repeat errors.

Required qualifications, capabilities, and skills

• Bachelor’s degree
• Minimum 2 years of experience in foreign exchange operations covering trade and non-trade payments within a bank or global financial institution.
• Strong knowledge of Foreign Exchange Management Act (FEMA) and Reserve Bank of India requirements for current and capital account transactions.
• Experience with purpose-code mapping, the Liberalised Remittance Scheme, export realisation timelines, and trade documentation standards.
• Experience investigating payment exceptions and completing nostro or vostro reconciliations.
• Strong client service, communication, and stakeholder management skills, with the ability to work under high volumes and tight service deadlines.
• Strong analytical skills, attention to detail, and sound judgement when escalating issues.
• Ability to manage multiple priorities and meet time-sensitive deadlines.

Preferred qualifications, capabilities, and skills

• Certified Anti-Money Laundering Specialist qualification, or currently studying toward it.
• Familiarity with Alteryx or Tableau.
• 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.