Cash and Controls Associate I

Fairygodboss

Newark (DE)

On-site

USD 60,000 - 80,000

Full time

14 days+
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Benefits offered by this job

Comprehensive health care coverage
Retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching

Job summary

Fairygodboss is seeking a professional for a role focused on process payments and monitor cash wires for both institutional and retail clients. Ideal candidates should have experience in financial services, especially corporate banking, with a strong understanding of payments and reconciliation.

The position requires automation technology skills, a proactive problem-solving approach, and FINRA licensing is preferred. We promote a diverse work environment and offer comprehensive benefits.

Qualifications

  • Experience using automation technologies to optimize systems and processes.
  • Knowledge of market products, operating procedures, and relevant industry regulations.
  • Strong time management and ability to deliver under pressure.

Responsibilities

  • Process payments and review incoming cash wires for institutional and retail clients.
  • Apply and monitor payment controls, ensuring adherence to standards.
  • Investigate and resolve cash and control breaks.

Skills

Automation technologies
Market products knowledge
Problem solving ownership
Data analysis skills
Presentation skills

Education

FINRA licensing: SIE + Series 99 (or willingness to obtain)

Job description

Job responsibilities
  • Process payments and review incoming cash wires for institutional and retail clients
  • Apply and monitor payment controls, ensuring adherence to standards
  • Investigate and resolve cash and control breaks
  • Liaise with global partners and stakeholders to resolve reconciliation issues
  • Perform and help design key controls across the trade lifecycle process
  • Analyze and identify opportunities to increase STP (Straight Through Processing)
  • Support the development and revision of company and department policies and procedures
  • Ensure timely completion of work items
  • Prepare and analyze metrics
Required qualifications, capabilities, and skills
  • Experience using automation technologies to optimize systems and processes
  • Knowledge of market products, operating procedures, and relevant industry regulations
  • Proactive approach to problem solving and ownership of issues
  • Strong time management and ability to deliver under pressure
  • FINRA licensing: SIE + Series 99 (or willingness to obtain)
  • Data analysis skills and ability to communicate insights effectively
  • Ability to create and deliver presentations to management and stakeholders
Preferred qualifications, capabilities, and skills
  • Experience in financial services, especially Corporate Banking
  • Payments understanding and background
  • Experience within Prime Brokerage, Securities Settlements, or Asset Servicing
  • Reconciliation experience
  • Analytical skills
Benefits

We offer a competitive total rewards package including base salary determined by role, experience, skill set and location. Those in eligible roles may receive commission‑based pay and/or discretionary incentive compensation, paid in cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.

We also provide a range of benefits and programs to meet employee needs, such as 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.

Equal Opportunity Employer

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.

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

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