Job Description
Take a lead role in acquiring, managing and retaining meaningful relationships that deliver outstanding experience to our customers. In this role, you will balance your focus on business results by offering options and finding solutions to help our customers with issues.
Job Summary
As a Payment Lifecycle Specialist within our Financial Operations team, you will take a lead role in acquiring, managing and retaining meaningful relationships that deliver an outstanding experience to our customers. You will be responsible for the funding of Nostro Accounts, monitoring balances, and reconciling daily statements with Predictions & Ledgers within a deadline-promoten environment.
Job Responsibilities
- 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
- Provide overall supervision to the staff during their 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
Required qualifications, capabilities and skills
- Masters / Bachelor's Degree
- Working knowledge of Nostro Funding Management
- Strong written and oral comprehension of English language
- Working knowledge of Banking Operations
- Computer navigation skills
- College degree and three or more years of banking experience in a leadership role, or three or more years of Banking Operation Experience
Preferred qualifications, capabilities and skills
- Proficient in Microsoft Product - Excel, PowerPoint, etc.
- Knowledge of AI Tools - Alteryx, etc.
About Us
JPMorganChase, 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 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
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Top Skills
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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