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Asset Servicing Associate

JPMorgan Chase · Posted Oct 7

Global banking, investment, credit card, mortgage, and asset management services

Mumbai, Mumbai, Maharashtra, IndiaFull-timeOnsiteSenior Level7+ years₹20.0L–₹32.0L yearly77 applicants
BankingFinancial ServicesInvestment BankingAsset ManagementCredit CardsPaymentsPublic Company
Full time

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About the role

Asset Servicing Operations sits within Commercial Investment Banking and manages corporate actions and income processing activities with a focus on risk and control. The team provides supervisory oversight, daily operations signoffs, business continuity readiness, and timely escalation of issues to operational and risk leads. This Associate role works on corporate action and income payment processing, reconciliation of cash and stock breaks, and continuity and concentration plan testing to drive accurate client outcomes.

What you will do

  • Apply asset servicing lifecycle knowledge across corporate actions and income processing.
  • Complete mandatory and voluntary corporate action payments processing received from agents or depositories with accuracy and timeliness.
  • Conduct supervisory checks and perform daily operations signoffs.
  • Maintain business continuity and concentration plans that align with bank policy, including staff familiarity.
  • Test continuity and concentration plans in line with defined requirements and evidence expectations.
  • Serve as a focal point for issue planning and crisis review situations, supporting short time frame assessments.
  • Own issues related to the asset services department and escalate to operational and risk leads in a timely manner.
  • Reconcile cash and stock breaks received from the market and document actions taken.
  • Highlight high-risk and high-value breaks daily and drive them to action and closure.

Skills used in this role

reconciliationsettlementstrade supportcorporate actionsincome processingasset servicingcustodyrisk and controlworkflow automationAI-powered analyticscommunicationproblem solving

What the employer is looking for

  • Demonstrate operational subject matter expertise across reconciliation, settlements, and trade support.
  • Show 7+ years of experience in asset servicing, risk and control, and custody activities.
  • Learn an ongoing stream of new markets, products, and processes.
  • Prioritize workloads effectively and work to critical deadlines with strong risk and control awareness.
  • Exhibit ownership and accountability for operational and project deliverables with a proven track record.
  • Communicate confidently in all mediums with internal and external clients.
  • Resolve exceptions and breaks through disciplined investigation, follow-up, and documentation.

Preferred qualifications

  • Demonstrate experience performing supervisory reviews within an operations environment.
  • Show experience supporting business continuity and concentration planning activities, including staff readiness and testing routines.
  • Developing experience using AI-powered analytics, workflow automation, or intelligent process tools to drive efficiency gains, reduce manual effort, or improve accuracy in operational processes.

Benefits and support

  • Compensation and benefits are detailed in the job posting

About JPMorgan Chase

JPMorgan Chase & Co. is one of the oldest, largest, and most diversified financial services institutions in the world. Operating globally through the J.P. Morgan and Chase brands, the firm provides a comprehensive range of financial solutions including investment banking, consumer and commercial banking, transaction processing, and asset management. Serving millions of consumers and many of the world's most prominent corporate, institutional, and government clients, the company combines deep market expertise with extensive technological investments.

Industry
Banking
Company size
320000+ employees
Founded
1799
Location
New York, New York, USA
Funding stage
Public Company

Leadership

JD
Jamie Dimon

Chairman and Chief Executive Officer

JB
Jeremy Barnum

Chief Financial Officer

JP
Jennifer Piepszak

Chief Operating Officer

LB
Lori Beer

Global Chief Information Officer

MC
Mary Callahan Erdoes

CEO, Asset & Wealth Management