Asset Servicing Associate

JPMorgan Chase JPMorgan Chase · Banking · Mumbai, Maharashtra, India · Commercial & Investment Bank

This role is for an Asset Servicing Associate at JPMorgan Chase in Mumbai. The primary responsibilities include processing corporate actions and income events, reconciling positions and payments, resolving operational issues, and coordinating with other teams. The role also involves identifying and implementing process improvements, including leveraging automation tools. A bachelor's degree in a business discipline and 8 years of financial services experience in custody asset servicing are required. Experience with Alteryx, Python, and AI-driven automation is preferred.

What you'd actually do

  1. Process mandatory global corporate actions and income events with a focus on accuracy, timeliness, and strong controls.
  2. Reconcile positions and payments, resolve operational issues, and coordinate closely with Middle Office and Client Service teams to deliver seamless outcomes.
  3. Contribute to continuous improvement by performing peer reviews, proposing enhancements, and leveraging automation to optimize daily operations.
  4. Process mandatory corporate action and income payments received from agents and depositories.
  5. Reconcile positions and payments and post related transactions accurately to client accounts.

Skills

Required

  • bachelor’s degree in a business discipline or equivalent qualification
  • 8 years of financial services experience in custody asset servicing, fund services, markets/prime brokerage, or securities lending
  • strong knowledge of mandatory corporate actions and income processing across the asset servicing lifecycle
  • strong analytical and problem-solving skills
  • effective communication skills
  • organization and prioritization skills
  • advanced proficiency in Microsoft Office, including Excel (VLOOKUP), Word, and Outlook

Nice to have

  • Leverage experience supporting multi-stream programs and managing competing priorities
  • Utilize Alteryx, Python, and AI-driven automation to streamline processing and controls
  • Strengthen control environments by designing checks that reduce errors and improve audit readiness
  • Drive change initiatives by translating pain points into measurable efficiency gains
  • Adapt quickly to evolving business requirements and changing market practices
  • Execute supervisory responsibilities by coaching peers and reinforcing quality standards
  • Enhance client experience by resolving queries quickly and preventing repeat exceptions

What the JD emphasized

  • 8 years of financial services experience in custody asset servicing, fund services, markets/prime brokerage, or securities lending.
  • strong knowledge of mandatory corporate actions and income processing across the asset servicing lifecycle.