Asset Servicing Analyst

Location: Bengaluru, Karnataka, India

Job Family: Asset Servicing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with operations spanning investment banking, asset management, and consumer banking. Our Asset Servicing team plays a critical role in ensuring the seamless handling of global securities, enabling our clients to navigate complex market events with confidence. As an Asset Servicing Analyst in our Bengaluru, Karnataka location, you will join a dynamic team focused on coordinating asset servicing activities, including corporate actions and income events. This role is integral to our Corporate & Investment Bank division, where you'll contribute to operational excellence in one of India's key financial hubs, supporting clients worldwide with precision and efficiency. In this position, you will be responsible for processing and monitoring a wide range of corporate actions such as mergers, acquisitions, dividends, and rights issues, while also managing income events like interest and dividend payments. You'll perform reconciliations, ensure regulatory compliance with standards like SEC and MiFID II, and collaborate with international teams to resolve any servicing discrepancies. Leveraging JP Morgan's advanced technology platforms, you'll analyze operational data to drive process improvements and mitigate risks, all while maintaining the high standards of accuracy and timeliness that define our firm. This role offers exposure to diverse asset classes including equities, fixed income, and derivatives, providing a robust foundation for career growth in financial services. We seek candidates who thrive in a fast-paced environment and bring a passion for financial operations. With Bengaluru serving as a strategic operations center for JP Morgan in Asia, you'll have opportunities to work on global projects, interact with cross-border teams, and develop expertise in asset servicing. Join us to be part of a culture that values innovation, integrity, and inclusion, where your contributions directly impact our clients' success and the firm's reputation as a trusted partner in the financial industry.

Key Responsibilities

• Coordinate and process corporate actions including mergers, dividends, and stock splits for a diverse portfolio of global securities
• Monitor and manage income events such as interest payments and coupon distributions to ensure timely and accurate client reporting
• Perform daily reconciliations of asset positions and cash flows using JP Morgan's internal systems
• Collaborate with global teams to resolve discrepancies in securities servicing and escalate issues to senior management
• Ensure compliance with regulatory requirements and internal JP Morgan policies for asset servicing activities
• Analyze and report on operational metrics to support risk management and process improvements
• Liaise with custodians, brokers, and clients to facilitate smooth execution of servicing events
• Contribute to the development and testing of new tools or enhancements in asset servicing platforms
• Maintain accurate records and documentation for audit purposes in line with JP Morgan's standards
• Support ad-hoc projects related to asset servicing optimization in the Bengaluru operations hub

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 2 years of experience in asset servicing, corporate actions, or securities operations within the financial services industry
• Strong understanding of global securities markets, including equities, fixed income, and derivatives
• Proficiency in financial regulations such as SEC, MiFID II, and EMIR
• Experience with reconciliation processes and data management in a banking environment
• Ability to work in a fast-paced, high-volume operational setting
• Fluency in English; additional languages like Hindi or regional Indian languages are advantageous

Preferred Qualifications

• Advanced certification such as CFA Level 1 or equivalent in financial operations
• Prior experience at a global investment bank like JP Morgan Chase
• Knowledge of JP Morgan's proprietary systems or similar platforms like Bloomberg or SWIFT
• Experience handling cross-border asset servicing for APAC and EMEA regions
• Demonstrated project management skills in operational enhancements

Required Skills

• Proficiency in Microsoft Excel and data analysis tools
• Knowledge of SQL for querying financial databases
• Understanding of corporate actions processing and entitlement calculations
• Strong analytical and problem-solving abilities
• Excellent attention to detail and accuracy in high-stakes environments
• Effective communication skills for stakeholder interactions
• Time management and prioritization in deadline-driven settings
• Familiarity with financial software like Aladdin or Charles River
• Risk assessment and mitigation techniques
• Team collaboration and cross-functional coordination
• Adaptability to regulatory changes in global markets
• Basic project management methodologies
• Data reconciliation and error resolution expertise
• Customer service orientation for client-facing tasks
• Technical aptitude for learning proprietary JP Morgan systems

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health insurance coverage including medical, dental, and vision for employees and dependents
• Retirement savings plan with employer matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement for relevant certifications
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness initiatives at JP Morgan's Bengaluru campus
• Flexible work arrangements and hybrid work options post-pandemic

JP Morgan Chase is an equal opportunity employer.