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Payment Operations - Transactions Approval Group - Associate
Jpmorgan Chase Bank, N.a.
4 days ago
Posted date
4 days ago
N/A
Minimum level
N/A
OtherJob category
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Are you looking for an opportunity to advance your career in the space of credit oversight of cash payments and security trades? You have found the right team!

As an Associate in Transaction Approval Group under Payment Operations, you will be involved in day-to-day cash payment and securities settlement risk issues and control, participation in projects, and will interface with Operations Risk Management (ORM), Operations, Treasury, Credit, Compliance, Legal, Middle Office and other functions to ensure that policies, processes, and control requirements are properly developed and adhered to. You will work in a very fast paced environment with multiple trade and currency cut-offs to be adhered to alongside project responsibilities

Job responsibilities

• Manage cash payment and securities settlement and monitoring/approval functions that affect and control credit and intra-day exposure for a portfolio of clients, products, and currencies.

• Apply sound operational and credit risk management principles, judgment, research, and investigation to support process and to manage credit exposures/ decision approvals within respective approval authority.

• Understand and support operational control and regulatory reporting requirements.

• Work with Operations and Client Services to manage client payment relationships.

• Inform aligned Credit Risk and ORM partners about client portfolio activity, issues and provide line sizing recommendations.

• Liaise with key stakeholders including Credit, Relationship Managers, Product Management and Operations regarding client credit limits/arrangement recommendations to support clients' activities.

• Participate in client and country crisis management risk mitigation actions including Rapid Exposure Drills (RED) with Credit and Relationship Managers and support business resiliency planning.

• Engage as a subject matter expert for payment systems and processes.

• Participate in projects that relate to TAG core functions as requested by management (e.g., Assist with the development of the Global Funds Control (GFC), Custody Credit Engine (CCE), iCRD and any other systems that function with credit controls).

Required qualifications, capabilities, and skills

• Bachelor's Degree in Finance, Economics or other related disciplines

• Minimum 4 years of experience working in Risk & Controls or Banking Operations or Client Service or Product Management

• Knowledge of cash management products, payment systems, Securities clearing/processing and settlements is preferred

• Prior experience and proven ability to communicate effectively and confidently with senior management

• Expertise in Microsoft Applications (especially PowerPoint and Excel) and experience using SharePoint

• Self-starter, capable of working independently, making decisions using a risk and control mindset

• Proven track record of multi-tasking in a time sensitive environment

• Quick learner and strong interpersonal and team working skills

• Open attitude towards sharing ideas and knowledge with appropriate partners/stakeholders

• A proactive approach to problem solving and taking ownership of issues

To apply for this position, please use the following URL:

https://ars2.equest.com/?response_id=50902ea4a2d2ed92e57736850e4f9366
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JOB SUMMARY
Payment Operations - Transactions Approval Group - Associate
Jpmorgan Chase Bank, N.a.
Singapore
4 days ago
N/A
Full-time