Operation Cash Reconciliations Team Member

Location: Metro Manila, National Capital Region, Philippines

Job Family: Trade Lifecycle

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client-focused solutions. As an Operation Cash Reconciliations Team Member in our Trade Lifecycle category, you will play a vital role in ensuring the integrity of our financial operations. Based in Metro Manila, National Capital Region, Philippines, this position involves managing end-to-end cash reconciliation processes for a diverse portfolio of client transactions. You will contribute to the seamless execution of trade settlements, helping to maintain the high standards of accuracy and efficiency that define JP Morgan Chase's operations in the competitive financial services industry. Your primary focus will be on performing daily reconciliations of cash positions, investigating variances, and resolving discrepancies in collaboration with cross-functional teams. This role requires a keen eye for detail and a solid grasp of financial regulations, as you ensure all activities align with JP Morgan's compliance frameworks and international banking standards. You will leverage advanced tools and systems to automate processes, generate insightful reports, and support month-end closings, ultimately contributing to the firm's risk management and operational resilience. In addition to technical responsibilities, you will engage in continuous improvement initiatives, sharing expertise to enhance team capabilities and drive efficiency. This position offers an opportunity to grow within a dynamic, global environment, where your contributions directly impact client trust and the firm's reputation. If you are passionate about financial operations and thrive in a collaborative setting, join JP Morgan Chase to advance your career while supporting world-class financial services.

Key Responsibilities

• Perform daily cash reconciliations for client accounts, ensuring accuracy and timeliness in recording transactions
• Identify and investigate discrepancies in cash balances, collaborating with internal teams to resolve issues
• Maintain detailed records of reconciliation activities and prepare reports for management review
• Support trade lifecycle processes by verifying cash flows related to securities trades and settlements
• Ensure compliance with JP Morgan Chase's policies, regulatory requirements, and industry standards
• Utilize financial systems to automate and streamline reconciliation workflows
• Assist in month-end and year-end closing processes, including balance verifications
• Monitor cash positions and provide insights to optimize operational efficiency
• Collaborate with global teams to handle cross-border reconciliation challenges
• Contribute to process improvements and training initiatives for the operations team

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• At least 2 years of experience in cash reconciliation, financial operations, or banking support roles
• Strong understanding of financial reconciliation processes and regulatory compliance in the banking sector
• Proficiency in Microsoft Excel and financial software tools
• Excellent attention to detail and analytical skills
• Ability to work in a fast-paced, team-oriented environment
• Fluency in English, both written and verbal

Preferred Qualifications

• Experience in trade lifecycle operations within a global financial institution
• Knowledge of JP Morgan Chase's internal systems and processes
• Certification in accounting (e.g., CPA) or financial operations
• Prior exposure to international banking regulations and cross-border transactions
• Familiarity with automation tools for reconciliation processes

Required Skills

• Proficiency in financial reconciliation and accounting principles
• Advanced Excel skills, including pivot tables and VLOOKUP functions
• Knowledge of banking systems like SWIFT or internal JP Morgan platforms
• Analytical thinking and problem-solving abilities
• Attention to detail and accuracy in data handling
• Strong communication skills for team collaboration
• Time management and ability to meet deadlines
• Understanding of trade settlement and cash management
• Regulatory compliance awareness in financial services
• Adaptability to changing operational priorities
• Teamwork and interpersonal skills
• Basic knowledge of SQL or data querying tools
• Risk assessment and mitigation techniques
• Process optimization and automation skills
• Customer service orientation in operational support

Benefits

• Competitive base salary and performance-based bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with company matching contributions
• Paid time off, including vacation, sick leave, and holidays
• Professional development programs and tuition reimbursement
• Employee assistance programs for wellness and financial planning
• Flexible work arrangements and hybrid options in Metro Manila
• Access to JP Morgan's global mobility and career advancement opportunities

JP Morgan Chase is an equal opportunity employer.