Payment Lifecycle Associate I

You have a strong understanding of Credit / Rates / Equity Derivatives products with additional strong understanding of Dodd Frank Commodity Futures Trading Commission (CFTC) Trade Reporting and European Market Infrastructure Regulation (EMIR) Trade Reporting. You are also seeking new career growth. This is the team for you. 

As a Payment Lifecycle Associate I within the Payment Operations team at JPMorganChase, you will be responsible for regulatory reporting implementation and ongoing remediation activities, while covering various products. You will also monitor queues and execute all Secured Overdraft (SOD) & End of Day (EOD) activities, while providing governance on all control aspects. While reviewing all queues/cases for Payments Investigations, you will communicate/resolve issues for our clients.

You will also work with business and Technology groups to prioritize the requirements by presenting business cases and perform cost benefit analysis to propose optimum future process to the business.


Job Responsibilities

• Support Managerial activities for the payments processing function. May require people management once training is complete
• Review all queues/cases for Payments Investigations and communicate/resolve issues for our clients
• Ensure accurate reviews and timely escalation of all investigation cases
• Monitor Queues and execute all Secured Overdraft (SOD) & End of Day (EOD) activities. Provide governance on all control aspects
• Spur efficiency in the current process and ensure all control aspects are adhered to
• Build and sustain strong working relationships with internal Lines of Business including Middle Office, Front Office, and internal Counterparts
• Develop process and system enhancement recommendations
• Work with business and Technology group to prioritize the requirements by presenting the business case
• Perform cost benefit analysis to propose optimum future process to the business
• Successfully deliver controlled environment of Regulatory Reporting
• Ensure all controls and checks are completed by the end of day
  
   

Required Qualifications, Capabilities, and Skills

• Strong understanding of Credit / Rates / Equity Derivatives products
• Strong understanding of Dodd Frank CFTC Trade Reporting and EMIR Trade Reporting
• Experience with investment banking environment is a must
• Excellent business analysis skills to drill down the complex regulatory reporting requirements for multiple jurisdictions
• Excellent problem solving skills in order to identify, understand, and address operational and technical issues
• Strong communication skills, both written and verbal, including the ability to develop relationships across the various stakeholders including Senior Business executives
• Self-motivated and ability to deliver with minimal supervision
• Understanding of the end-to-end transaction cycle for derivative products
• Ability to work in a high pressure environment with time-critical deliveries
• Effective stakeholder management
• Strong proficiency in Microsoft Office

 

Preferred Qualifications, Capabilities, and Skills

• Experience in Middle Office / Trade Support preferred
• Bachelor’s degree, Finance / Economics or other related disciplines is preferred
• Control mindset to identify process control gaps, prioritize, and mitigate operational risk

 

JPMorgan Chase & Co., 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to