Payment Lifecycle Specialist

Fairygodboss; Mumbai; On-site; INR 900,000 - 1,800,000; Full time

Job summary

JPMorganChase in Mumbai is seeking a Payment Lifecycle Specialist IV to join Payments Operations. You will oversee payment processing across products, ensuring secure transactions and adherence to SLAs in a fast-paced environment.

Collaborate with managers to define data management best practices, collect and analyze data, generate reports, and translate insights into actionable actions for stakeholders. This role requires strong analytics and teamwork.

Qualifications

• Graduate with good academic record.
• Experience in International Payment Processing Operations.
• Strong analytical skills with data modeling and data mining experience.
• Proficient with reporting packages and SQL/Excel.
• Excellent communication and teamwork.

Responsibilities

• Define data management best practices with manager.
• Collect data, analyze, and produce stakeholder reports.
• Coordinate with internal stakeholders to align reporting with objectives.
• Interpret data with statistics and deliver management reporting.
• Acquire data from primary and secondary sources while maintaining databases.
• Identify process improvements through trend analysis.
• Meet SLAs and close issues on time.
• Process payments and reconciliations across products.
• Train colleagues and cover production back-ups.

Skills

Data analysis

Data mining

Reporting tools

Statistical knowledge

Interpersonal skills

Education

Bachelor's degree

Tools

SQL

Excel

Data visualization tools

Job description

Are you ready to be at the forefront of digital payment innovation? Join our Payments Operations team and make a meaningful impact by ensuring seamless financial transactions. This is your opportunity to grow your career in a fast-paced environment, where your contributions will be valued and your skills will be honed.

As a Payment Lifecycle Specialist IV within Payments Operations, you will play a crucial role in the smooth transfer of funds between various parties. Working under regular supervision, you will help maintain our reputation for excellent service and secure financial transactions. Your responsibilities will include payment processing across various products, such as the transfer of funds between financial institutions, cardholders, merchants, corporate and retail clients, and the reconciliation of purchase and sales options, futures, or securities. This may involve sanctions screening, payment investigations, funds control, exception processing, resolving reconciliation breaks, and invoicing or cash management activities.

Job responsibilities

• Partner with the manager to define best practices for data management, analysis, and visualization.
• Collect data, perform analysis, and produce reports that translate findings into actionable stakeholder insights.
• Liaise with internal stakeholders to align initiatives and reporting with business objectives.
• Interpret data using statistical techniques and deliver ongoing management reporting.
• Acquire data from primary and secondary sources while maintaining databases and data systems.
• Identify new process improvement opportunities through trend, root-cause, and workflow analysis.
• Monitor MIS data and drive timely closure of issues and exceptions.
• Meet SLAs by completing work items on time and prioritizing effectively.
• Process investigations and transactions in line with documented procedures and control requirements.
• Execute manual fund and wire transfer instructions across global currencies and validate accuracy and completeness.
• Support team resilience by training colleagues, covering production back-ups, rotating functions, and resolving funds transfer inquiries through research and manual entries with minimal supervision.

Required qualifications, capabilities, and skills

• Graduate with good academic record.
• Experience and a working knowledge of various aspects of International Payment Processing Operations.
• Technical expertise regarding data models, database design development, data mining and segmentation techniques
• Strong knowledge of and experience with reporting packages
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
• Good Interpersonal skills to be able to communicate internally or externally and at all levels and should be a team player.

Preferred qualifications, capabilities, and skills

• 2 years of experience in a back-office operations of a reputed foreign bank or it's processing arm/private sector bank/public sector bank as a supervisor would be beneficial.
• Preferred working experience as a data analyst
• Knowledge of statistics and experience using statistical packages for analyzing large datasets (Excel, etc.)
• Exposure to AI-enabled tools and willingness to adopt emerging technologies that support process improvement and operational excellence

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.