Associate I - Asset Services Income & Corporate Actions

Fairygodboss; Newark (DE); On-site; USD 90,000 - 120,000; Full time

Job summary

JPMorgan Chase & Co. in Newark, Delaware, is seeking an Associate I - Team Lead to coordinate daily processing of dividends, coupons, and corporate actions across markets. You will guide junior staff and act as a contact for operational queries, with growth in leadership and cross-team collaboration.

The role emphasizes accuracy, risk awareness, and collaboration with Front/Middle Offices, custodians, and market counterparties. A Series 99 license and financial services experience are preferred.

Qualifications

• Bachelor's degree in Accounting, Business Administration, Economics, Finance, or equivalent work experience.
• Understanding of the transaction/trade lifecycle.
• Strong attention to detail and risk awareness.
• Good problem-solving and communication skills.
• Proficiency in Microsoft Office (especially Excel).
• Series 99 license required; you must acquire the Series 99 certification within the first 120 days.

Responsibilities

• Coordinate daily processing of Dividends, Coupons, and Corporate Action events for assigned markets and securities types, ensuring accuracy and timeliness.
• Act as a point of contact for junior team members, providing support and guidance on operational tasks.
• Escalate complex issues to management and assist in resolving operational challenges.
• Ensure accuracy in regulatory reporting and daily controls.
• Assist in producing operational metrics and reports for management.
• Support cash and stock break management, investigating and resolving discrepancies.
• Contribute to process improvement initiatives and suggest more efficient methods.
• Liaise with Front and Middle Offices, Depositories, Global Custodians, and market counterparties as needed.
• Maintain awareness of risk policies and procedures, ensuring adherence to escalation protocols.
• Foster a collaborative and supportive team environment.

Skills

Transaction lifecycle understanding

Attention to detail

Problem-solving

Communication

Microsoft Excel

Series 99 license

Education

Bachelor's degree in Accounting, Business Administration, Economics, Finance, or equivalent

Job description

The Markets Asset Servicing Team is responsible for the processing of global income and Corporate Actions events across multiple securities types, including equities and fixed income products held by the firm and its Prime Brokerage clients. Team members work closely with trading desks, middle office, finance teams, and settlements, gaining insight into other operations and a high-level understanding of J.P. Morgan's diverse product range.

As an Associate I - Team Lead within the Markets Asset Servicing Team, you will coordinate day-to-day operations, support junior team members, and act as a point of contact for operational queries. You will be able to expand your knowledge with leadership responsibilities and develop your management skills further. You will have the opportunity to collaborate with different lines of business, build comprehensive product knowledge, and develop valuable relationships across the organization.

Job Responsibilities

• Coordinate daily processing of Dividends, Coupons, and Corporate Action events (voluntary and mandatory) for assigned markets and securities types, ensuring accuracy and timeliness
• Act as a point of contact for junior team members, providing support and guidance on operational tasks
• Escalate complex issues to management and assist in resolving operational challenges
• Ensure accuracy in regulatory reporting and daily controls
• Assist in producing operational metrics and reports for management
• Support cash and stock break management, investigating and resolving discrepancies
• Contribute to process improvement initiatives and suggest more efficient methods
• Liaise with Front and Middle Offices, Depositories, Global Custodians, and market counterparties as needed
• Maintain awareness of risk policies and procedures, ensuring adherence to escalation protocols
• Foster a collaborative and supportive team environment

Required qualifications, capabilities and skills

• Bachelor's degree in Accounting, Business Administration, Economics, Finance, or equivalent work experience
• Understanding of the transaction/trade lifecycle
• Strong attention to detail and risk awareness
• Good problem-solving and communication skills
• Proficiency in Microsoft Office (especially Excel)
• Series 99 license required, you must acquire the Series 99 certification within the first 120 days
• Eagerness to learn, adapt, and develop leadership skills

Preferred qualifications, capabilities and skills

• 1-3 years of experience in asset servicing or securities operations preferred.

Final Job Grade and officer title will be determined at time of offer and may differ from this posting.

Please note this role is not eligible for employer immigration sponsorship.

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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 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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.