Asset Servicing Specialist

Location: Bengaluru, Karnataka, India

Job Family: Asset Servicing

About the Role

At JP Morgan Chase, we are building a dynamic team of Asset Servicing Specialists in our state-of-the-art Bengaluru office, where innovation meets excellence in the heart of India's financial hub. As an Asset Servicing Specialist, you will play a pivotal role in supporting our institutional clients by ensuring seamless processing and management of their investment assets. This position offers the opportunity to work with cutting-edge technology and collaborate with global experts, contributing to the bank's reputation as a leader in asset management and custody services. Join us to advance your career in a supportive environment that values creativity, integrity, and professional growth. In this role, you will handle the end-to-end asset servicing operations, from transaction reconciliation to corporate action processing, ensuring accuracy and compliance with international standards. You will work closely with cross-functional teams to resolve complex issues, optimize workflows, and deliver high-quality service to clients managing trillions in assets. Leveraging JP Morgan's robust platforms, you will analyze data, generate insightful reports, and mitigate risks, all while adhering to regulations like Dodd-Frank and EMIR. This is an ideal position for detail-oriented professionals passionate about the financial services industry and eager to make an impact in a fast-evolving market. We foster a culture of continuous learning and inclusion at JP Morgan Chase, providing ample opportunities for skill enhancement through our renowned training programs and mentorship initiatives. Based in Bengaluru, Karnataka, you will benefit from a vibrant work-life balance, proximity to India's tech ecosystem, and the chance to contribute to groundbreaking projects that shape global finance. If you thrive in a collaborative, high-performance setting and are committed to excellence, apply now to become part of our world-class Asset Servicing team.

Key Responsibilities

• Process and reconcile asset servicing transactions including corporate actions, income payments, and trade settlements
• Ensure accurate maintenance of client portfolios and positions in compliance with internal and regulatory standards
• Collaborate with global teams to resolve discrepancies in asset records and client inquiries
• Monitor and execute corporate actions such as dividends, mergers, and stock splits for institutional clients
• Generate reports on asset performance, valuations, and risk metrics using JP Morgan's proprietary tools
• Support audit processes by providing documentation and ensuring data integrity
• Identify process improvements to enhance efficiency in asset servicing operations
• Liaise with internal stakeholders including custody, fund accounting, and compliance teams
• Handle high-volume data entry and validation to minimize operational risks
• Stay updated on industry regulations and implement changes in daily workflows

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 2 years of experience in asset servicing, custody operations, or financial services operations
• Strong understanding of financial instruments such as equities, fixed income, and derivatives
• Proficiency in regulatory compliance standards like SEC, FATCA, and MiFID II
• Excellent command of English, both written and verbal
• Ability to work in a fast-paced, high-volume environment with attention to detail
• Basic knowledge of banking systems and processes in a global financial institution

Preferred Qualifications

• Advanced certification such as CFA Level 1 or equivalent in asset management
• Experience with JP Morgan's internal systems like Flexcube or similar core banking platforms
• Prior exposure to international markets and cross-border asset servicing
• Familiarity with data analytics tools for reconciliation and reporting
• Demonstrated project management skills in operational improvements

Required Skills

• Proficiency in Microsoft Excel and data analysis tools for financial reporting
• Knowledge of SQL for querying asset databases
• Strong analytical skills for reconciliation and error detection
• Excellent attention to detail in handling complex financial data
• Effective communication skills for client and team interactions
• Time management and prioritization in a deadline-driven environment
• Problem-solving abilities to resolve operational discrepancies
• Understanding of financial markets and asset classes
• Adaptability to evolving regulatory landscapes
• Team collaboration in a multicultural, global setting
• Basic programming knowledge in Python or VBA for automation
• Risk assessment and mitigation techniques
• Customer service orientation for client-facing tasks
• Organizational skills for managing multiple workflows

Benefits

• Competitive base salary and performance-based bonuses aligned with JP Morgan's global standards
• Comprehensive health insurance coverage including medical, dental, and vision for employees and dependents
• Retirement savings plan with employer matching contributions to support long-term financial security
• Generous paid time off, including vacation, sick leave, and parental leave policies
• Professional development programs with access to JP Morgan's learning academy and certifications
• Employee wellness initiatives, including gym memberships and mental health support
• Flexible work arrangements with hybrid options in Bengaluru facilities
• Stock purchase plan allowing participation in JP Morgan Chase equity

JP Morgan Chase is an equal opportunity employer.