Operations - Transaction Processing Associate

Posted 7 Days Ago
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Riyadh
Hybrid
5-7 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Transaction Processing Associate will manage and enhance payment processes, handle local and foreign currency transactions, ensure compliance, lead operational improvements, and provide guidance to team members. Responsibilities include reconciling accounts, preparing reports, and collaborating with various departments for issue resolution.
Summary Generated by Built In

Job Description
You will work in partnership with various departments to process and clear the payments, reports, reconciliation and investigation as well as work on various projects for a new process and enhancing the current processes.
As a Transaction Processing professional Payment Operations, you will work in processing and control all type of payments related to Riyadh Branch, reconcile between Statement and Ledger accounts, prepare periodic reports, investigate cases, enhance current processes.
Job responsibilities

  • Execute local and foreign currency payments/ receivables through SARIE or SWIFT including SADAD payments
  • Monitoring settlements for MM/FX Riyadh Branch and ensuring clearance on time
  • Working with Traders, Middle Office & Client Service Officers for timely resolution of issues
  • Ensure compliance of the operational environment with Global Corporate Bank principles, corporate policies and local regulations
  • Design mapping processes, write Standard Operating Procedures and implement Service Level Agreements
  • Match broker trades / Manage Economic affirmation, chase matching and queries
  • Publish weekly metrics on outstanding, repair & failed trades / Increase STP
  • Guidance the team member


Required qualifications, capabilities, and skills

  • 5+ years' experience in banking operations and leadership .
  • Experience knowledge in payment (SARIE) and Swift format
  • Experience with ISO20022 migration
  • Strong analytical and problem solving skills, ability to make independent decisions
  • Excellent written and oral communication skills
  • Team Player & Leadership
  • Fluent in English & Arabic


Preferred qualifications, capabilities, and skills

  • Professional in MS Office (Excel, Word, PowerPoint)
  • Alteryx certified is preferred.
  • Basic Knowledge Tableau


About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

Top Skills

Alteryx
Iso20022
MS Office
Sarie
Swift
Tableau

What the Team is Saying

Nick S.
Lupe C.
Edwin T.
Dawn T.
Meng M.
The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, 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 world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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