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Associate I - Corporate Action

Associate I - Corporate Action

USA JobsBrooklyn, NY, US
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Custody Client Operations Professional

Custody Client Operations professionals at J.P. Morgan Chase are responsible for managing and safeguarding clients' assets with precision and care. This role involves meticulous attention to detail, ensuring seamless custody services and operational excellence.

As a Corporate Action Associate within the Custody Middle Office team, you will provide institutional investors with access to global markets for settlements, safekeeping, and asset servicing of securities. Your role will also involve offering ancillary services such as Foreign Exchange and Liquidity Solutions. Working in conjunction with our Markets business, you will cater to our core client segments, including Asset Managers, Asset Owners, Insurance / GSEs, Banks / Broker Dealers, and Hedge Funds and Alternatives. Our team is committed to delivering investor solutions that protect our clients' portfolios, boost their efficiency, and seize opportunities in various global markets.

Job responsibilities include :

  • Providing excellent client service and support to internal and external clients daily
  • Managing issues related to Global Custody Corporate Actions with regards to client instructions, completions, and reconciliation
  • Monitoring internal and external client inquiries, resolving non-routine issues, and closely partnering with internal teams to resolve exceptions in a timely manner
  • Performing root cause analysis for clients to increase straight through processing, with a focus on establishing and maintaining relationships with all stakeholders
  • Partnering across the wider global team and technology to identify product enhancements and technology improvement opportunities
  • Collaborating with Client Service Teams and managing client expectations and concerns, with a focus on delivering unparalleled client experience
  • Providing operations subject matter expertise and value-added services to clients where required

Required qualifications, capabilities, and skills include :

  • Knowledge of mandatory and voluntary corporate actions and full asset servicing lifecycle for global assets
  • Strong understanding of Corporate Actions related Swift messaging i.e. MT56x
  • Excellent verbal and written communication skills, and adept at communicating with all levels of the business
  • Operate effectively in a dynamic environment with tight deadlines and can exhibit excellent time management skills
  • 3+ years of experience or equivalent expertise in a client service role within a financial institution
  • Preferred qualifications, capabilities, and skills include :

  • Prior Custody, Markets, Corporate Actions operational experience
  • Understanding of DTC, Euroclear, Foreign Exchange, Reconciliation rules, and Global Custody
  • Self-starter, ability to learn quickly, strong leadership skills with a focus on mitigating risks and taking a proactive approach to ensure "Best in Class" results
  • JPMorgan Chase, 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 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

    Base Pay / Salary : Brooklyn, NY $74,100.00 - $100,000.00 / year

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