NewarkDERecruiter Since 2001
the smart solution for Newark jobs

CIB- Custody FED/DTC Settlements - Executive Director

Company: JPMorgan Chase
Location: Newark
Posted on: May 27, 2023

Job Description:

As the **Custody FED/DTC Settlements - Executive Director** , for ensuring all aspects of operations for clients are completed, transactions are processed on time, exceptions are resolved proactively; provide single point of contact team and subject matter expertise to the clients. Custody Operations covers trade instruction capture, settlement; fail management, cash instruction capture, projections, overdrafts, asset servicing instruction capture, dividends, foreign exchange, collateral, derivatives lifecycle management & bank loans.
**Job Responsibilities**
+ Manage and oversee the US Settlements teams across Custody Operations; Assume and Execute full control of daily operation, ensuring adherence to procedures and controls and providing necessary data to senior management and clients
+ Lead / contribute to end-to-end process reviews; Assume ownership and represent the Product/Business, Client Service & internal teams across the globe
+ Establish and maintain relationships with key internal operations partners that support the Custody & Fund Services business; partner with key stakeholders to help streamline the core operations processing through people, process & technology changes
+ Partner with Product Development and Technology to help automate/streamline operations processes to help enhance client experience and build scalability into the business
+ Follow processes and procedures for all duties and responsibilities within JPMC; Identify and recommend processes and procedures constantly to improve accuracy, reduce redundancy and mitigate risk
+ Manage and escalation contact for all Settlement issues across Custody Operations; Partner with Client Service across the regions, to help change client behavior where required
+ Build key subject matter expertise in the team across equities, fixed income, cash, foreign exchange, asset servicing, which will provide value added services to clients
+ Develop and coach people across all levels in the organization; responsible for location strategy & hiring locally; Provide direction and leadership to the team; Contribute to the strategic development of asset servicing products, while Driving consistency of control standards and programs across regions and LOBs, Regions, Products, Locations, and across Functions
**Required qualifications, Capabilities, and Skills**
+ Excellent prior Custody/Markets/Prime brokerage experience; managing staff, key attention to details, analytical & problem-solving skills
+ Strong teamwork and influential skills, with ability to demonstrate flexibility; Proactive to ensure " **Best in Class** " results for all clients
+ Exceptional critical thinking, project management, analytical and communication skills (i.e. communicate effectively at all levels of the organization)
+ Experience of working on large scale, multi-stream programs; Serve with strategic thinking coupled with practical execution
+ Bachelor's Degree required or equivalent
**Preferred qualifications, Capabilities, and Skills**
+ Successful completion of business Risk and Control Self-Assessments
+ Strong analytical and problem solving skills including taking the initiative to support change and enhance controls
+ Strong time management skills, self-directing and capable of dealing with high pressure, time sensitive tasks
+ Excellent verbal and written communication skills, comfortable with MS Office skills & presentation
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
Equal Opportunity Employer/Disability/Veterans

Keywords: JPMorgan Chase, Newark , CIB- Custody FED/DTC Settlements - Executive Director, Executive , Newark, Delaware

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest Delaware jobs by following @recnetDE on Twitter!

Newark RSS job feeds