JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing and asset management. It began operations in the Philippines in 1961 with a representative office. Since then, the firm has expanded its presence into a fully integrated franchise, comprising Investment Banking, Treasury and Securities Services, Equity Sales and Research as well as foreign exchange and fixed income trading operations. JPMorgan Chase & Co. has several legal entities operating in the country, including the Manila Branch of the bank, which has a commercial banking license as well as a derivatives license, and a securities company with a seat on the Philippine Stock Exchange.
JPMorgan Chase & Co. launched its Global Service Center in Manila in 2005 and in Cebu in 2010, to provide a wide variety of strategic support including analytics, finance and accounting voice-based services, transaction processing and other functions to its affiliates around the world. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/
about J.P. Morgan - Corporate & Investment Bank
J.P. Morgan Corporate & Investment Bank (CIB) is a global leader across banking, markets, and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk, and extends liquidity in markets around the world.
about Trade & Working Capital:
The Trade & Working Capital Operations group offers a variety of products that support international commerce by facilitating the purchase and sale of goods. The Trade & Working Capital unit, at Philippines Corporate Center is responsible for the following set of activities for ASIAPAC, Europe, Middle East & Africa and U.S. region:
+ Issuance and Advising of documentary Letters of Credit
+ document Checking under Letters of Credit
+ Settlement/Payments of import & Export bills under LC, Collections & OA, Bank to Bank Reimbursements
+ Trade Advances and Trade Loans
+ documentary Collections
+ Open Account
As Specialty Product Analyst (Team Leader) your Key responsibilities are:
Team Management
+ Conduct daily huddles and meetings to pass on any process related updates
+ Co-ordinate with our ops partners globally to manage the work
+ Planning & managing Leaves & daily volume priorities
+ Drive the goals setup by the Trade & Working Capital Management
+ Create an inclusive environment for all employees
+ Share regular & constructive feedback with your makers
Day to Day Operations
+ Processing/Releasing of Open Account transaction and documentary Collections for our global clients
+ Ensure the transactions are processed as per JPM policies as well as ICC Rules like URC522/UCP600/ISBP/URR
+ Ensure all transactions assigned to the team are completed with utmost quality as per agreed SLA
+ Monitor queues and assignment of transaction to the team including pending follow-up
+ Identify any red flags/OFAC regulatory issues/AML & Boycott language breach in the transaction and escalate for review
Key Skills -
+ 5-6 years of experience in Trade Finance & well versed with URC, UCP, URR & ISBP
+ Subject Matter Expertise in the LC Issuance/Advising/Confirmation & document checking process
+ Queue Monitoring, Work Allocation and Prioritization
+ Willing to go above & beyond to ensure timely delivery
+ Understanding of US Regulations & OFAC Compliance
+ Excellent Oral, Written & Presentation skills
+ Project Management
+ CDCS & CITF certifications will be an added preference