Job Description
Are you ready to lead and innovate in a dynamic environment? Join J.P. Morgan Mumbai branch as a Vice President within the Payment Operations team. You'll oversee overseeing the control and governance aspect for Payment Operations and/or Cross Border Payments, supporting our Commercial and Investment Banking clients. This is your opportunity to work with cutting-edge technology, enhance your leadership skills, and drive operational excellence. Be part of a team that values growth, innovation, and client satisfaction.
As a Vice President within the Payment Operations team, you will be responsible for overseeing the control and governance aspect for Payment Operations and/or Cross Border Payments for the India branch, providing support to our Commercial and Investment Banking clients in India. You are committed to creating and managing innovative, secure service solutions that cater to our clients' needs on a global scale. Utilizing the latest technology, you strive to provide industry-leading capabilities to our clients and customers, ensuring a seamless and convenient business experience.
Job responsibilities:
- Be responsible for managing Oversight and Governance for Cross Border and Domestic Payment operations process and/or Cross Border Payment operations process
- Manage a team of 5 to 10 members
- Manage regulatory compliance and managing regular enquiries
- Handle regulatory reports which needs to be submitted to the regulator(s)
- Provide an advisory role to internal or external clients on transactions including managing regulatory reporting
- Provide key reports to management including highlighting key performance indicators (KPIs) and providing early escalations
- Scrutinize documentary evidence in light with the required regulations
- Interact including meeting regulator on client and/or transaction specific cases
- Interact with the clients on various Request for Proposals (RFPs) and on an ongoing basis on service qualities including client meetings
- Liaise with Compliance, Legal and Sales team for regular update on changing regulatory guidelines
- Work with Product in rolling out cash products including system and technology rollouts for clients
Required qualifications, capabilities, and skills:
- Bachelor's Degree with at least 12 years of work experience in Trade Finance or banking related roles
- Possess strong knowledge of banking norms and regulations in general and Foreign Exchange Management Act (FEMA) guidelines in specific
- Should have thorough knowledge of the regulations around the capital account transactions like Overseas Direct Investment, Foreign Direct Investment and External Commercial Borrowing
- Should have previous experience of handling team and clients including client meetings
- Excellent communication skills- verbal and written
- Excellent interpersonal and partnership skills
Preferred qualifications, capabilities, and skills:
- Master of Business Administration (MBA) is a plus
- Chartered Accountant certification is beneficial
About Us
JPMorganChase, 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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
