Asset Servicing Associate

Location: Bengaluru, Karnataka, India

Job Family: Asset Servicing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a rich history of innovation and client focus. The Asset Servicing Associate role in our Bengaluru office offers an exciting entry into the dynamic world of Global Markets. As part of the Asset Servicing team, you will play a crucial role in announcing and managing corporate action events, ensuring seamless operations for our institutional clients worldwide. This position is ideal for detail-oriented professionals passionate about financial services, providing exposure to cutting-edge processes in a collaborative, high-impact environment. Your primary responsibilities will include monitoring corporate actions such as dividends, rights issues, and restructurings, and coordinating with internal teams to disseminate accurate information. You will leverage JP Morgan's advanced technology platforms to process events efficiently, reconcile impacts on client holdings, and resolve any operational queries. Working closely with trading, custody, and compliance groups, you will contribute to minimizing risks and enhancing service delivery in our Global Markets division. This role demands a strong grasp of securities processing and regulatory landscapes, particularly in the Indian and international contexts. We value continuous learning and growth at JP Morgan Chase. As an Asset Servicing Associate, you will have opportunities to develop your expertise through mentorship, training programs, and cross-functional projects. Our Bengaluru hub is a vibrant center for innovation, offering a supportive culture that fosters work-life balance and professional advancement. If you are ready to join a team that powers the world's financial ecosystem, apply today to be part of JP Morgan's commitment to excellence in asset servicing.

Key Responsibilities

• Announce and process corporate action events such as dividends, mergers, and stock splits for Global Markets clients
• Collaborate with internal teams including trading, custody, and compliance to ensure accurate event dissemination
• Monitor and analyze corporate action notifications from issuers and agents
• Maintain accurate records and documentation in compliance with JP Morgan's standards
• Support reconciliation of corporate action impacts on client portfolios
• Assist in resolving discrepancies or queries related to asset servicing operations
• Contribute to process improvements and automation initiatives in asset servicing
• Ensure timely communication of events to stakeholders to minimize operational risks
• Participate in team meetings and provide updates on ongoing corporate actions

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field
• 1-2 years of experience in asset servicing, corporate actions, or financial operations
• Strong understanding of financial markets and securities processing
• Proficiency in English; additional languages are a plus
• Ability to work in a fast-paced, global team environment
• Basic knowledge of regulatory requirements in asset management
• Eligibility to work in India without sponsorship

Preferred Qualifications

• Experience with corporate action announcements in global markets
• Familiarity with JP Morgan's internal systems or similar banking platforms
• Certification in financial services (e.g., CFA Level 1 or equivalent)
• Prior exposure to cross-functional collaboration in a multinational firm
• Knowledge of Indian financial regulations and SEBI guidelines

Required Skills

• Attention to detail and accuracy in data handling
• Strong analytical and problem-solving abilities
• Excellent communication skills, both written and verbal
• Proficiency in Microsoft Office Suite, especially Excel
• Knowledge of financial instruments like equities, bonds, and derivatives
• Time management and ability to prioritize tasks under deadlines
• Team collaboration and interpersonal skills
• Basic understanding of SWIFT messaging and reconciliation tools
• Adaptability to changing market conditions
• Risk awareness and compliance mindset
• Data entry and record-keeping proficiency
• Customer service orientation for internal stakeholder support
• Familiarity with asset management software
• Multitasking in a high-volume environment

Benefits

• Competitive base salary and performance-based bonuses
• Comprehensive health insurance coverage 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
• Employee wellness initiatives, including gym memberships and mental health support
• Flexible work arrangements and hybrid work options in Bengaluru
• Access to JP Morgan's global mobility and career advancement opportunities

JP Morgan Chase is an equal opportunity employer.