DCC Operations - DDP Associate Description: Job summary: - DCC provides custody & clearing services to foreign investor clients investing in India. Our clients are based across geographies and cut across business segments. They are leading Asset Managers, Pension Funds, Insurance Companies, Investment Advisors, Trusts, Corporate, Sovereign Bodies, State Agencies and Charitable Institutions etc. J.P. Morgan DCC in India also supports DR issuances as a Domestic Custodian Bank for Overseas Depository Banks. We are servicing 85+ key client relationships for J.P. Morgan including our Investment Bank accounts. J.P. Morgan DCC in India acts as a quasi-regulator in their capacity as a Designated Depository Participant (DDP) to manage India Market registration process. - The candidate is responsible for managing India Market Entry (SEBI registration process) for Foreign Portfolio Investors (FPIs), Onboarding for all Foreign Institutional clients (including FPIs) & certain Regulatory reporting function for Local Custody Business. Job entails managing team, operations, KYC utility teams, internal and external stakeholders (including Global Custody teams), controls & risk framework and compliance with various rules and regulations. The applicant must be an experienced professional in the local custody space who possesses a strong understanding of FPI registration process, KYC & audit management within a financial institution. - The applicant should be a strong team Manager, able to multi-task and work under pressure in a dynamic business environment along with people management skills. The job entails managing strong working relationship with internal and external partners (including SEBI, RBI, Local Custodians, Depositories) SEBI. Participate and guide market advocacy to ensure better client experience, manage risk & bring efficiency. Job responsibilities: - Managing end-to-end Client Onboarding including FPI registration process. - Stay current with evolving industry and regulatory changes, client requirements and analyze impact to business, processes, and compliance. - Steer process efficiencies by Innovation, Robotics and deploying lean principles. - Internal & External Stakeholder & Market relationship management. - Perform detail risk and control assessments and ongoing process reviews to identify patterns/trends with risk and control implications. Core Competencies: - Business & Industry Knowledge - The individual is expected to have good knowledge of Indian Capital Market & Banking regulations, especially FPI regulations. This position needs skill set of regulation interpretation & application, analytical ability, documentation management, problem solving and good capital market product knowledge. - Partnership - The individual is required to interact with internal stake holders like KYC Utility teams (WCOB), Business, Compliance (Business+GFCC) and Legal teams and externally with the regulators, auditors, etc. The individual to possess strong stakeholder/relationship management, task driving & execution skills, ability to work independently and multi-task to ensure key deliverables are met with relevant controls. Works well individually and in teams, works collectively with Account Implementation team to open accounts in a timely manner to deliver best in class service. This individual should have the ability to create strong stakeholder relationships that promote transparency and open dialogue around control issues. - Communication - Strong verbal and written communication skills, with the ability to present complex and sensitive issues to management in a persuasive manner. Communication should be crisp and precise to avoid interpretations. - Team Management & Accountability - Seeks ways to increase efficiency and effectiveness of work performed and resources utilized. The individual should take personal responsibility/accountability/ownership for self & team deliverables. The individual to possess strong people & time management skills, ability to get the team work together & independently to ensure key deliverables are met with relevant controls. The individual should up-scale skills for self and team to deliver best in class service. The individual should have the ability to guide the team on exception management, escalations, urgent applications, regulatory deliverables and audits with NIL exception. - Leadership - Ability to assess priorities, adapt to a changing environment, organize and lead resources, monitor progress and timely deliver a high quality end product . The individual should be enthusiastic, self-motivated, effective under pressure, encourage the team to think out of the box and implement feasible ideas. Required qualifications, capabilities, and skills: - Education to degree standard is preferable, as is a relevant professional qualification. - Minimum 10 - 12 years with 5-7 years of relevant business experience. - Knowledge and experience of regulatory & corporate compliance activities and handling Corporate and Investment bank products & people management would be beneficial. JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs. Note : For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well.

Mumbai

JP Morgan Chase - Designated Depository Participant Associate - DCC Operations 

Job Description for JP Morgan Chase - Designated Depository Participant Associate - DCC Operations  in JP Morgan Chase in  Mumbai for (10-15) years of experience. Apply Now!