eFinancialCareers

• Company

  JPMorgan Chase Bank N.A

• Location

  UK-South West

• Compensation

  JPMorgan offers and exceptional benefits program and a highly competitive compensation package.

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  19 Nov 2009

• eFC Ref no

  584129

The department interfaces directly with the global client base, the sub custodian network, agents and other internal WSS departments.

 The department is responsible for the capture, analysis and notification to clients of event information and deadlines, reconciliation and execution of client instructions to the market and reconciliation and posting of clients' cash and stock entitlements.  Departmental Description: Asset Services TransitionsThe core responsibilities of the Asset Services Transitions team are as follows; Client Transitions - Partnering with New Business teams globally to manage the Asset Servicing impact of on-boarding and exiting clients. This entails identification of all Income and Corporate Events over the transition, providing detailed analysis of these to internal teams, clients and other custodians, joining client calls when required and effective resolution of transition related issues.Agent Transitions - Working with Network Management to effectively manage all aspects of Asset Servicing when JPMorgan changes sub-custodian for the Custody, Clearance and Collateral Management businesses. Acting as the central interface for Corporate Actions, Income, Taxation and Proxy Voting Operations the team work with outgoing and new agents on identifying and analysing all in-flight events, ensuring timely resolution of open issues e.g. claims and reconciliation breaks and setting up static data required for specific Asset Servicing purposes.Clearance and Collateral Asset Servicing - Working with a variety of teams across the Operations, Client Services and Product Management areas of these businesses the Transitions team is jointly responsible for managing static data required to ensure Cosmic and CCMS systems are fully aligned. Whilst this position operates standard hours (9am-5pm), there is a requirement for some overtime and weekend working to meet business deadlines.  The group is also expected to cover most UK Bank Holiday to provide support for foreign markets, therefore cover may be required.  

Role Responsibilities: Analyst

• Operational support and control of the daily workflow within the Transition team, ensure all work is delivered within agreed deadlines and cut-offs.
• Represent Transitions team in meetings and calls with internal & external parties.
• Ownership and effective resolution of issues referred to the Transitions team and ensure timely escalation to both Operational and Risk leads.
• Adherence to key team controls, ensure all work is signed-off as required.
• Identify and deliver tangible operational improvements, contribute to the ongoing development of systems used, work across Asset Services Operations, Network and New Business teams to identify opportunities to enhance the client experience and mitigate risks.
• Development of own personal development and training plans
• Attest to operational procedures at required intervals and actively comply with ethics and behaviour standards.

Skills, Knowledge & Experience 

• Knowledge of Global Custody and specifically Asset Services advantageous.
• Ability to effectively prioritise workloads and work to critical deadlines
• Demonstrate ownership and accountability for project deliverables
• Confident, articulate communicator in all mediums to both internal and external clients
• Strong Risk and Control Awareness
• Drive, energy and enthusiasm
• Make considered decisions based upon fact and business / industry knowledge
• Display high levels of integrity; operate on the basis of open and honest interaction.
• Results driven individual with a proven track record.
• Good administration and organisation skills
• High degree of accuracy and a good eye for detail
• Business and customer focused
• Proactive work ethic, innovative and self-motivated
• A flexible and analytical approach to problem solving
• Preferably educated to degree standard
• Good PC and keyboard skills, proficiency in Excel required, knowledge of COSMIC and CCMS systems would be beneficial.

JPMorgan offers and exceptional benefits program and a highly competitive compensation package.

 JPMorgan is an Equal Opportunities Employer.

 About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.3 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at www.jpmorganchase.com.

 About JPMorgan Worldwide Securities Services
JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is a global industry leader with $15.2 trillion in assets under custody. JPMorgan provides innovative custody, fund accounting and administration and securities services to the world's largest institutional investors, alternative asset managers and debt and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 90 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services.