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AWM-WM Operations-Process Manager-VP

8.00 to 10.00 Years   Mumbai City   12 Aug, 2022
JPMorgan
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

    Description- This role includes responsibility for updating acquisition cost, acquisition date and tax code to securities transferred at lot level. In addition team is responsible for applying specified lots to sales & transfers. Tax Cost is responsible for updating acquisition cost, acquisition date and tax code to securities transferred at lot level. In addition team is responsible for applying specified lots to sales & transfers.Qualification-
    • 8-10 years of relevant work experience.
    • Prior experience with Private Banking Operations will be added advantage
    • Candidate should possess in depth knowledge US Tax and Securities
    • High proficiency in Microsoft Office
    Educational Qualification -Desired- Post Graduate, Minimum - Graduate Role Purpose: Tax Cost is responsible for updating cost basis information at lot level on securities transferred which include acquisition cost, acquisition date and tax code. This information eventually flows into client tax forms like 1099 B as it helps in gain/loss calculation.The role involves updating the above information for products as mentioned-Equities,Bonds,Money Market Funds and Mutual Funds Key Responsibilities:
    • Ensure accurate and timely completion of operational procedures.
    • Understand, follow and demonstrate compliance with all Risk and Control regulations.
    • People management including managers
    • Work Allocation and monitoring.
    • Escalation management
    • Active involvement in and contribution to Global Projects / Local Initiatives.
    • Assist and ensure a competitive and transparent work culture.
    • Identify, evaluate and deliver process improvement initiatives.
    • Manage and lead discussions on exceptional cases.
    • Propose and create efficiencies
    Key Competencies:
    • Strong analytical skills with high accuracy and attention to details.
    • Excellent communication skills, both verbal and written.
    • Strong Client Focus: adhering to response time to client and maintaining high client satisfaction.
    • Demonstrated leadership skills: collaborate with and lead others by influence, to achieve objectives, with an aptitude for decision making and problem solving.
    • Assertiveness Skills: willingness and ability to challenge the status quo and express opinions.
    • Strong team player.
    • Strong interpersonal skills: can build effective business relationships with cross functional/geographical teams and coordinate with teams to action items.
    • Adaptability: effectively organize and prioritize work to meet stringent deadlines.
    • Aid in the development and management of an innovation driven work environment
    ,

Keyskills :
managementcustomer servicedeliverycustomer relationsmismoney market fundsfixed income derivativesus taxcost basismoney marketprivate bankinganalytical skills

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