JP Morgan Chase & Co.

Market Asset Services – Corporate Actions, Vice President

JP Morgan Chase & Co. • $125K — $150K *
Jersey City, NJ 07310In-Person
Finance & Insurance
5 - 7 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • 5 years of experience in processing voluntary corporate action events
  • Knowledge of DTC (Hub, Smart track, and CNS) and Euroclear
  • Bachelor's degree in Accounting, Business Administration, Economics, Finance, or relevant experience
  • Strong understanding of the transaction/trade lifecycle
  • Ability to adapt to rapidly changing business and technology needs
  • Strong risk and control awareness for implementing controls
  • Exceptional problem-solving and issue resolution skills

Responsibilities

  • Lead the Corporate Action team in accurate and timely event processing
  • Oversee communication with Middle Office, client services, and traders
  • Collaborate with custodian banks to ensure instructions are executed
  • Manage posting and reconciliation of cash and stock entitlements
  • Guide the Announcement Capture team in scrubbing events
  • Oversee collection and submission of client elections
  • Lead the transition to a new Asset Servicing Engine

Benefits

  • Opportunity for career growth and development
  • Engage with diverse clients and teams
  • Be part of a collaborative and innovative culture
  • Work in a dynamic, fast-paced environment
  • Make a significant impact on the firm's reputation for excellence
Full Job Description
JOB DESCRIPTION

Join us as an Asset Services Manager III in Asset Servicing! Lead our Corporate Action team to ensure precise and timely corporate action event processing. Engage with a diverse client base, including Prime clients and J.P. Morgan Securities equity trading desks, in a dynamic, fast-paced setting. Promote the transition to our new Asset Servicing Engine and unlock career growth and development opportunities. Exciting leadership awaits!

 

As an Asset Services Manager III in the Corporate Action team, you will play a crucial role in overseeing the retrieval, interpretation, and processing of corporate action events. You will work closely with us to ensure that our clients' needs are met and that instructions are executed accurately. Your work matters to the firm and the wider community as you help us maintain our reputation for excellence in asset servicing. You will be part of a team that values collaboration, innovation, and continuous improvement, providing you with the opportunity to grow and develop in your career.  Markets covered are U.S., Canada and Latin America.

 

Job responsibilities

  • Lead the Corporate Action team in accurate and timely retrieval, interpretation, and processing of corporate action events
  • Oversee communication with Middle Office, Client Service, traders, and clients to relay market decisions
  • Collaborate with custodian banks to ensure instructions are received and executed
  • Manage the posting and reconciliation of cash and stock entitlements
  • Guide the Announcement Capture team in scrubbing events and notifying clients
  • Oversee the collection and submission of client elections to the market and manage payments
  • Lead the transition to a new Asset Servicing Engine for global processing

 

Required qualifications, capabilities, and skills

  • 5 years of experience in processing voluntary corporate action events
  • Knowledge of DTC (Hub, Smart track, and CNS) and Euroclear
  • Bachelor's degree in Accounting, Business Administration, Economics, Finance, or equivalent work experience
  • Strong understanding of the transaction/trade lifecycle
  • Ability to adapt to rapidly changing business and technology needs.
  • Strong risk and control awareness with the ability to implement mitigating controls.
  • Ability to prioritize workloads and meet critical deadlines while maintaining accuracy and quality.
  • Exceptional problem-solving and issue resolution skills.
  • Capable of working in a fast-paced environment and open to change.
  • You must acquire the Series 99 certification within the first 120 days.

 

Preferred qualifications, capabilities, and skills

  • Experience in leading transitions to new processing systems or engines.
  • Strong communication and collaboration skills with internal and external stakeholders.
  • Proficiency in Microsoft Word, Excel, and other applications; Alteryx is a plus.
  • Asset servicing knowledge and experience within a securities operation environment preferred.


 

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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