Asset & Wealth Management Operations
JPMorgan Chase & Co.
11 - 13 years
Bangalore
Posted: 30/08/2023
Job Description
Description of Functions:
Coding:
- Annotation/Interpretation of Investment management Agreement/Prospectus/ SAI / Delegate Sleeve Agreements
- Scheduling the Annotation meeting with Desk/IS/PDs to get their buy ins on Interpretation
- Coding client and regulatory rules on compliance platforms.
- Rule Testing & Standardization
- Counterparty and broker setups for trading
- Setting up strategy benchmark and client approved security List
- Leveraging Machine learning tools for standard rule setups
- Performing analytical review of Investment Guidelines provided by investors and institutions.
- Partner with various operations team to improve data availability and overall quality of underlying data.
Scope & Responsibilities:
Coding:
- New account coding, reviews & revisions including on-boarding activities.
- Review new data analytics and update compliance platforms
- Understand and setup rules as per ratings agencies
- Identification of coding issues.
- Maintenance of Legal & Compliance approved & restricted lists.
- Counterparty maintenance.
- Work on Rule coding standardization across supported regions.
- Perform periodic reviews of account coding to ensure accuracy & consistency.
- Setting up trading brokers and counterparty Limits, exposure as per IMA
- Evaluate coding accuracy & communicate in case of any discrepancy.
- Partner with monitoring team to reduces false breaches and manually monitored guidelines.
- Lead Governance meetings and stakeholder management
- Manage custody and broker relationships
- Lead local and global Projects
- Drive efficiency via Intelligent Automation tools.
- Product Lead and People Management
Performance Areas & % Time:
- Workflow management.
- Adherence to time-bound SLA for all Coding and New & repeat alerts.
- Generate periodic Metrics and KPI
- Perform manual checks as per tests agreed with Risk & Front Office.
- There is no tolerance to errors – non-completion or incorrect action by Guidelines team may lead to Loss and/ or Client impact.
- Portfolio manager query emails must be reverted on the same day.
Minimum Requirements:
- 11+ years of work experience of Portfolio Guidelines Coding/ Monitoring.
- 7+ years in people management role & 2+ years of project management.
- Expert level skills trade compliance applications such as LZ Sentinel, Charles River, Aladdin (Compliance), SimCorp Dimension, ThinkFolio.
- Expertise of 1940 Act, UCITS Regulations or ERISA will be added advantage.
About Company
JPMorgan Chase & Co. is an American multinational financial services firm headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world's largest bank by market capitalization (as of 2023). As the largest of the Big Four banks, the firm is considered systemically important by the Financial Stability Board. Its size and scale have often led to enhanced regulatory oversight as well as the maintenance of an internal "Fortress Balance Sheet" of capital reserves. The firm is headquartered at 383 Madison Avenue in Midtown Manhattan and is set to move into the under-construction JPMorgan Chase Building in 2025. The firm's early history can be traced to 1799, with the founding of what became the Chase Manhattan Company. In 1871, J.P. Morgan & Co. was founded by J. P. Morgan who launched the House of Morgan on 23 Wall Street as a national purveyor of commercial, investment, and private banking services. The present company was formed after the two predecessor firms merged in 2000, creating a diversified holding entity.
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