Operations - Settlements Analyst

Location: Ciudad De Mexico, Mexico

Job Family: Payments Lifecycle

About the Role

At J.P. Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client-focused solutions. As an Operations - Settlements Analyst in our Payments Lifecycle team, based in Ciudad de Mexico, Mexico, you will be at the heart of ensuring seamless and secure transaction processing. This role is pivotal in supporting our institutional clients by managing the settlement phase of diverse financial transactions, from domestic payments to complex international trades. You will contribute to the efficiency of our operations, leveraging cutting-edge technology and robust risk management practices that define J.P. Morgan's reputation in the industry. Your day-to-day responsibilities will involve processing high-volume settlements, reconciling accounts, and resolving any discrepancies with precision and speed. Working within a collaborative, multicultural team, you will interact with global counterparts to handle multi-currency transactions and ensure compliance with international standards such as those set by the Federal Reserve and local Mexican regulations. This position offers exposure to the dynamic world of payments, where you will analyze data trends, mitigate operational risks, and support process optimizations that enhance our service delivery to clients worldwide. Joining J.P. Morgan means becoming part of a firm committed to your professional growth and work-life balance. We foster an inclusive environment that values diverse perspectives and provides ample opportunities for advancement within our expansive network. If you thrive in a challenging yet rewarding setting and have a passion for financial operations, this role will allow you to make a tangible impact on one of the world's most influential financial institutions.

Key Responsibilities

• Process and reconcile daily settlement transactions for various financial instruments, ensuring accuracy and timeliness
• Monitor and resolve settlement discrepancies, collaborating with internal teams and external counterparties
• Utilize J.P. Morgan's proprietary systems to track payment lifecycles from initiation to completion
• Conduct quality checks on transaction data to comply with regulatory standards and internal policies
• Analyze settlement reports to identify trends, risks, and opportunities for process improvements
• Liaise with global teams to support cross-border payment settlements in multiple currencies
• Maintain accurate records and documentation for audit purposes in line with J.P. Morgan's compliance framework
• Contribute to the implementation of new settlement procedures and system enhancements
• Assist in training junior team members on settlement best practices
• Respond to ad-hoc queries from clients and stakeholders regarding transaction status

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• At least 2 years of experience in financial operations, settlements, or payments processing
• Strong understanding of financial markets and transaction settlement processes
• Proficiency in Microsoft Office Suite, particularly Excel for data analysis
• Excellent command of English and Spanish, both written and verbal
• Ability to work in a fast-paced, high-volume environment with attention to detail
• Knowledge of regulatory requirements in the financial services industry

Preferred Qualifications

• Experience with SWIFT messaging and payment systems
• Familiarity with J.P. Morgan's internal systems or similar banking platforms
• Certification in financial operations, such as Certified Treasury Professional (CTP)
• Prior exposure to cross-border payments and foreign exchange settlements
• Advanced analytical skills with experience in data reconciliation tools

Required Skills

• Proficiency in financial settlement systems like SWIFT and RTGS
• Strong analytical and problem-solving abilities
• Attention to detail and accuracy in data handling
• Excellent communication skills for stakeholder interactions
• Time management in a deadline-driven environment
• Knowledge of payment regulations (e.g., ISO 20022, AML/KYC)
• Advanced Excel skills for reconciliation and reporting
• Team collaboration and interpersonal skills
• Adaptability to changing market conditions
• Basic understanding of risk management in transactions
• Proficiency in data visualization tools like Tableau
• Multitasking across multiple transaction types
• Ethical judgment in handling sensitive financial data
• Technical aptitude for learning proprietary banking software

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 parental leave
• Professional development programs and tuition reimbursement
• Employee wellness initiatives, including gym memberships and mental health support
• Flexible work arrangements and hybrid options where applicable
• Access to J.P. Morgan's global mobility programs for career advancement

JP Morgan Chase is an equal opportunity employer.