Trade Lifecycle Analyst - Team Leader

Job Description Custody Middle Office: FX Processing – Team Leader (Grade 502) Incumbent will be responsible for managing Custody Middle Office – FX Processing BAU functions for flawless delivery. Continuously develop industry/product knowledge around FX and utilize the same optimally for process improvement at all times. Ability to understand customer segments and apply different servicing approaches based on customer knowledge level. Key Responsibilities would include:- • Execution of daily business as usual (BAU) tasks/activities in the most efficient and highly control framework given the sensitivity and risk around FX processing. • Possess relevant experience across executing / managing Direct and Indirect FX transactions. • Understands and has worked in execution of Spot / Forward FX’s. • Possess understanding of Treasury v/s Agent (Off Book currency) FX’s. • Well verse with minimum market requirements / nuances existing across exotic currencies such as BRL, THB, KRW, IDR, etc. • Possess in-depth knowledge of various regulations applicable to FX markets, such as ERISA, Dodd Frank etc. • Understands the workflow of FX market Execution-Pricing-Settlement. • Publishing / Review of Daily/weekly performance metrics pertaining to the function. Ensure follow up and escalate for all ageing items. • Perform systemic verification for all FX transactions in accordance to Authority Level Matrix (USD thresholds set in the process). • End to End responsibility of Custody Middle Office FX Processing function and to be in control of “End of Day” reports/checks and critical intra-day report monitoring and checks. Escalate to managers for any deviation. • Ensure timely review and certification of Custody Middle Office FX function Procedures and update procedures in light with market changes. • Create strong resiliency& backups within the team by active involvement in day to day activities and training initiatives. • Work as a backup for Associate (Grade 601) and provide inputs on risk eradication and efficiency to reduce manual workflows. • Complete knowledge of trade lifecycle and role of custodian bank. • Will be responsible to process FX Trades, knowledge of SWIFT MT54X message along with global market nuances is a must. To continually reassess the operational risks inherent to FX Processing taking account of changing business key deliverables, product implementations, legal and regulatory requirements, operating procedures and the impact of new technology. Qualifications and Pre-requisite skills:- • Graduate/ MBA (Finance). • Flexible to work in night shift operations. • Deep understanding of FX work flows and experience in managing FX processing function with minimum 5 years of experience. • Experience in handling global clients with customer service attitude. • Ability and experience in handling high transactional volume operations and ability to make correct business related decisions in stressful situations. • Ability to handle risk and quality related issues and experience in handling the same effectively to avoid reoccurrence. • Able to grasp/learn concepts and procedures quickly. • Problem solving skills and attention to detail ability. To implement JPMC Compliance Policy by containing compliance risk in conjunction with the relevant compliance department. Compliance includes all relevant laws, rules and codes with which the business / Org has to comply. About Us 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. About The Team The Corporate& Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world. Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience