CIB - Reconciliations Manager - CFS Operations, ROU Associate - Manila

Job Description

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing and asset management.

It began operations in the Philippines in 1961 with a representative office. Since then, the firm has expanded its presence into a fully integrated franchise, comprising Investment Banking, Treasury and Securities Services, Equity Sales and Research as well as foreign exchange and fixed income trading operations. JPMorgan Chase & Co. has a number of legal entities operating in the country, including the Manila Branch of the bank, which has a commercial banking license as well as a derivatives license, and a securities company with a seat on the Philippine Stock Exchange.

JPMorgan Chase & Co. launched its Global Service Center in Manila in 2005 and in Cebu in 2010, to provide a wide variety of strategic support including analytics, finance and accounting voice-based services, transaction processing and other functions to its affiliates around the world.

Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/

About J.P. Morgan Corporate & Investment Bank

J.P. Morgan is a premier Corporate and Investment Bank with a full suite of global financial services and capabilities. The Corporate and Investment Bank has three primary businesses: Markets, Investor Services and Banking. The world’s most important corporations, governments, financial institutions, pensions, sovereign wealth organizations, states and municipalities entrust us with their business in more than 100 countries. We offer strategic advice, lend money, raise capital, help manage risk, extend liquidity, buy and sell securities and provide many other banking services in markets around the world.

Reconciliation Operating Unit (ROU ) provides reconciliation services covering the following:

• Cash Reconciliations at Client Account, Client to Market and Nostro levels
• Asset Reconciliations at Client Account, Client to Market and Omnibus levels
• Other Reconciliations by Asset Class, stand-alone and bespoke reconciliations supporting regulatory client or product requirements Key Responsibilities
• Completes operational balancing and reconciliations and identification of breaks
• Investigation of breaks to source them to the correct resolver groups
• Matching of breaks
• Monitors the aged breaks queue and drive closure
• Performs routine inquiries and research
• Regular and adhoc reporting
• Coordinates with internal business partners and processing hubs
• Feeds and data validation including data upload activities
• Set-up/closure of accounts in the Reconciliations Tool
• Assists with systems testing or enhancements
• Participates in various projects/activities as assigned
• Review and validation of output of reconcilers/analysts
• Work queue allocation and management
• Supports the team manager in his daily and any adhoc tasks

JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/Disability/Veteran

Qualifications

Skills and Experience:

• Organizational skills
• Attention to detail
• Problem solving
• MS Office skills
• Good English oral & written communication
• Innovation Mindset
• Time management
• Analytical skills

Education/Training/Background Required:

• 4-5 years of work experience in a banking/finance/operations role; at least 1 year in a team lead/supervisor capacity
• Accounting/Finance/Business graduates (CPA license an advantage)
• Funds Services/Reconciliations knowledge/back ground is an advantage
• Six Sigma or related training an advantage
• iRecs/WINS/COSMIC background an advantage
• Knowledge and experience in Transfer Agency an advantage
• Knowledge of GFAS /GTA an advantage