Payment Lifecycle Spec. IV

Posted 11 Days Ago
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Bengaluru, Karnataka
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Payment Lifecycle Specialist processes transactions including SWIFT and cheques, verifies client identities, and performs quality checks while adhering to regulatory standards. Responsibilities include managing queries, maintaining productivity trackers, and ensuring timely completion of assigned tasks. This role requires flexibility and experience in cash operations.
Summary Generated by Built In

Job Description
Asia Core Cash Operations is responsible for completing fund transfer requests / payments / Cheques received from our clients both financial & non-financial institutions.
Job Summary:
As a Payment Lifecycle Specialist within JPMorgan Chase you will be directly accountable for the daily operational tasks, which include processing cheques and Swift transactions, as well as verifying client identities.. Transaction requests are received through SWIFT / Cheques / Manual Instruction. As a Cash Operations Team Member, you will be directly responsible for the day-to-day operational activities including Cheques / Swift processing & Client authentication.
Job Responsibilities:

  • Process Swift / ISO payments for Local & FX, including serial and cover payments. Clear cheques, including Inward, Outward & Collection products.
  • Support payment activities such as manual instruction validation, Nostro Recon, EOD Reconciliation, Fund control Checks, etc.
  • Monitor process mailbox and manage queries / escalation.
  • Monitor and clear processing queue. Maintain accuracy in production.
  • Perform quality checks on a regular basis. Follow regulatory & process requirements and maintain Standard Operating Process.
  • Ensure exception procedures are followed for every process deviation.
  • Complete assigned tasks within expected timelines. Ensure TAT is met for processes handled.
  • Coordinate with stakeholders, including service / product and regional management.
  • Maintain MIS / productivity tracker. Ensure timely escalation is performed in case of issues.
  • Assist PVT during weekends (as and when required).


Required Qualifications, Skills and Capabilities:

  • Knowledge of SWIFT / ISO & Cheque product.
  • Knowledge in Nostro recon and monitoring
  • Work experience of minimum 6 years in similar role/function.
  • Graduate and above.
  • Flexibility in working hours / days.
  • Should be familiar with AI tools.


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.

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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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