Hiring for CIB - Transaction Processing Manager - Associate - Mumbai in Mumbai, for Exp. 6 - 10 yrs (Job in Mumbai)
(Not Shown) (Please mention IndiaDynamics.com when contacting)
Job Description:* CIB Assoc Mumbai (Collateral ) JPMorgan Chase & amp amp Coconsumers and small business, commercial banking, financial transaction processing, and asset mana. (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 gement. A component of the Dow Jones Industrial Average, JPMorgan Chase & amp amp Co. serves millions of consumers in the United States and many of the world' s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & amp amp Co. is available at www.jpmorganchase.com . Role Description: Person will be responsible for Collateral Management & amp amp New Business Set up and building the culture of Continuous Improvement supporting business across DCO, Middle offices as well as Global teams. Continuous partnership with different operations teams within the organization to (re)design the process if required. The individual s key roles and responsibilities are: Collateral Margin Call Exchange and New Business Coast Set up Collateral Management Exchanging of Margin calls basis the MTM of Collateralized Counterparty portfolio across Asset class. Interaction with the external clients regarding disputes/margin call exchange. Raising of Dispute notes to Credit Officers and resolving any queries arising out of it. New Business Activities like setting up Agreements, eligible Collateral, Contacts etc in Coast. Routing of Breaks/Disputes to Middle Offices, Valuation Control Group etc Accurate and timely settlement of both Cash and Security Collateral. Manage any new analysis requirements across multiple stakeholders Regular update to senior management on regulatory reporting changes, compliance, projects updated and issues. Stakeholder Management Daily in terms of exception management, performance, feedback etc.