Asset Manager Vice President

$114,000 - $182,000/Yr

JPMorgan Chase

Full-time - Mid Level

Credit Intermediation and Related Activities

About the position

As an Asset Servicing Risk - Vice President at JPMorgan Chase & Co., you will play a pivotal role in managing the risk associated with complex voluntary corporate actions and income-related events across various asset classes and markets. This position requires a deep understanding of the asset servicing product lifecycle and the ability to oversee these processes from event inception to payment. You will be responsible for addressing complex queries and issues raised by multiple teams, including Middle Office client-facing teams, client service, and core operational processing teams. Your expertise in managing Asset Servicing Risk will be crucial, as you will need to present risk issues to senior management, enabling informed decision-making on significant exposure items. The role demands strong influencing skills to drive change across departments and effectively manage relationships with senior stakeholders. In this position, you will provide subject matter expertise, recommending and implementing enhancements and process improvements while participating in strategic business initiatives. You will lead a team of Subject Matter Experts, offering direction and feedback to ensure the team's success. Your responsibilities will also include mitigating and escalating identified risks and controls, ensuring that the organization maintains a robust risk management framework. The ideal candidate will have extensive experience in corporate actions processing, a thorough understanding of the risks associated with asset servicing products, and the ability to balance analytical and interpersonal skills effectively. You will be expected to work under tight deadlines with minimal supervision while contributing positively to team dynamics.

Responsibilities

• Manage the risk for complex voluntary corporate actions and income-related events across all asset classes and markets.
• Provide subject matter expertise based on a full understanding of technical, domain, and operational aspects of the function.
• Recommend and implement enhancements and process improvements.
• Drive change and firm-wide initiatives, serving as the escalation contact for the team for any issues.
• Mitigate and escalate identified risks and controls.
• Lead a team of Subject Matter Experts, providing direction and feedback on an ongoing basis.

Requirements

• Bachelor's degree in a relevant field.
• 5 or more years of corporate action experience.
• Extensive Corporate Actions processing experience.
• Extensive knowledge of the full Asset Servicing product lifecycle.
• Good understanding of Corporate Actions and Income accounting entries.
• Thorough understanding of all the risks associated with the Asset Servicing product.
• Client Service and Middle Office exposure preferred.
• Strong analytical and interpersonal skills.
• Ability to manage relationships with senior stakeholders across various departments.
• Experience in Investment Banking or Global custody operational areas (Trades, Cash, FX, and Reconciliations).
• Excellent problem-solving skills to identify, understand, and address operational and technical issues.
• Strong written and verbal communication skills.

Nice-to-haves

• Experience in financial transaction processing.
• Knowledge of risk management frameworks.
• Familiarity with regulatory requirements in asset servicing.

Benefits

• Health insurance
• Tuition reimbursement
• Retirement plan