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CIB Cash Operations Transaction Processing Specialist Team Leader

3.00 to 5.00 Years   Mumbai City   24 Jun, 2019
JPMorgan
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaFinance / Accounts / TaxGeneral / Operations Management
EmploymentTypeFull-time

Job Description

About J.P. Morgan Chase & CoJPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .Position SummaryCandidates must perform Funding of Nostro Accounts, monitor balance, and reconcile the daily statements with Predictions & Ledgers within a deadline driven environmentKey responsibilities

  • Provide overall supervision to the staff during his/ her shift operating window
  • Ensure that all work items are completed as per the agreed SLA
  • Monitor the exceptions and ensure that they are resolved in a timely manner
  • Identify opportunities for improving the efficiency of the process.
  • Identify the training requirements of the team members and work with the Associate on providing the required trainings
  • Track the changes to the procedures and ensure that the team is fully aware of the changes
  • Prepare the position of the Nostros as per the funding requirement
  • Co-ordinate with the business and treasury teams to arrive at the appropriate funding requirements of the Nostro Account
  • Perform reconciliation to identify the reason for the break and reach out to businesses to close the breaks
  • Support Global Treasury teams in the process of predicting and funding the banks cash positions across Asia, EMEA & WHEM
  • Monitor & validate overdraft & credit interest charges
  • Partner with Global projects team to ensure seamless rollouts of any enhancements and on or off boarding of any accounts from Cash Management systems
  • Strong written and oral comprehension of English language
  • Working knowledge of Banking Operations
  • Computer navigation skills
  • College degree and four or more years of banking experience in a leadership role, or four or more years of Banking Operation Experience
Desirable
  • Proficient in Microsoft products
  • Knowledge of Nostro Funding Process
,

Keyskills :
trainingbankingindowreachfundingbalance

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