Markets Asset Servicing – Corporate Actions, Associate

Location: Jersey City, NJ, United States

Job Family: Asset Servicing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. The Markets Asset Servicing – Corporate Actions, Associate role in our Corporate & Investment Bank division is pivotal in ensuring the seamless handling of corporate events that impact client portfolios. Based in Jersey City, NJ, you will join a dynamic team dedicated to processing a wide range of corporate actions, from dividends and stock splits to mergers and rights offerings, while upholding the highest standards of accuracy, timeliness, and risk control. This position offers the opportunity to contribute to exceptional client service for institutional investors, leveraging JP Morgan's vast resources and global network to drive operational excellence in asset servicing. In this role, you will collaborate closely with trading desks, custody operations, and compliance teams to monitor market announcements, validate event details, and execute client instructions efficiently. Your responsibilities will include reconciling positions across asset classes like equities and fixed income, identifying potential risks such as entitlement discrepancies, and ensuring adherence to regulatory frameworks including SEC rules and DTC protocols. At JP Morgan Chase, we emphasize a culture of continuous improvement, so you will also participate in enhancing processes, supporting audits, and mentoring peers to strengthen our market-leading asset servicing capabilities. We seek a proactive professional with a solid foundation in financial services operations and a passion for delivering results in a high-stakes environment. This associate-level position is ideal for those looking to advance their career within one of the world's most respected financial institutions, where your contributions directly support our commitment to innovation, integrity, and client success. Join us in Jersey City and be part of a team that powers the global markets.

Key Responsibilities

• Process and validate corporate actions including mergers, dividends, splits, and tender offers to ensure accuracy and timeliness
• Collaborate with internal teams such as trading, custody, and compliance to mitigate operational risks
• Monitor and execute client instructions for corporate actions, delivering exceptional service to institutional clients
• Perform reconciliation of corporate action events across multiple asset classes and jurisdictions
• Identify and escalate potential issues in corporate action notifications to senior management
• Contribute to the development and maintenance of procedural documentation and controls
• Support audit and regulatory reporting related to asset servicing activities
• Analyze market data and announcements from sources like Bloomberg or DTC to anticipate action impacts
• Assist in training junior staff on corporate actions best practices
• Ensure compliance with JP Morgan Chase's risk management policies and global standards

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field
• Minimum of 2-3 years of experience in corporate actions processing or asset servicing within the financial services industry
• Strong understanding of securities processing, including equities, fixed income, and derivatives
• Proficiency in regulatory requirements such as SEC, FINRA, and international standards for corporate actions
• Experience with risk management and control frameworks in a banking environment
• Ability to work in a fast-paced, high-volume transaction environment

Preferred Qualifications

• Advanced certification such as CFA or FRM
• Prior experience at a major investment bank like JP Morgan Chase
• Knowledge of SWIFT messaging and ISO 20022 standards
• Familiarity with JP Morgan's internal systems like Aladdin or similar platforms
• Experience in cross-border corporate actions and multi-currency processing

Required Skills

• Corporate actions processing expertise
• Securities operations knowledge
• Risk assessment and mitigation
• Client service orientation
• Attention to detail and accuracy
• Analytical problem-solving
• Proficiency in Microsoft Excel and data analysis tools
• Understanding of financial markets and instruments
• Strong communication, both written and verbal
• Team collaboration and stakeholder management
• Regulatory compliance awareness
• Time management in deadline-driven environments
• Familiarity with banking software and databases
• Adaptability to changing market conditions
• Basic project management skills

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for relevant certifications
• Employee stock purchase plan and access to financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase facilities
• Flexible work arrangements and hybrid options for eligible roles

JP Morgan Chase is an equal opportunity employer.