Payments Specialist - Wealth Management Solutions
JP Morgan Services India Pvt LtdMumbai/Bombay
Not disclosed
Job Description
Analyst - Wealth Management Solutions - Payments
Are you a Payments Specialist with knowledge of the Clearing House Automatic Payments System (CHAPS), and looking for your next career opportunity? We have an exciting opportunity for a Payments Specialist to join our Banking Operations team.
As a Payments Specialist within Banking Operations, you will process CHAPS payments, including high value payments, fraud indemnities, direct debit indemnity claims, keying of manual switching & paper mandates, corrections and remediations, legal document reviews, and court orders. You will be assigned work daily, supporting business incidents requiring corrections and remediations.
Job responsibilities
- Manage daily execution of CHAPS transactions and inquiries accurately, within established deadlines, and in accordance with existing policies and procedures
- Handle day-to-day transaction processing (i.e., Bank-to-bank payments and Direct Debit Indemnity Claim) and operational activities (i.e., Manual Current Account Switch and Name Change document review) and ensure adequate operational performance measured throughout Banking Operations
- Own the end-to-end process of operational support for selected journeys in scope of the unit, including escalations and engagement with internal business partners to support operations
- Close interaction with stakeholders and customers to ensure proper client experience and hand-offs between service and Operations. Point of contact for internal communication with front and back office
- Investigate, follow-up and resolve client inquiries and problems through effective interaction with clients, banks, operations areas, and other staff in a timely and professional manner
- Develop subject matter expertise of business processes to assist with corrections and remediations
- Be part of a team that will be required to meet the larger goals of the business and with individual deliverables assigned to team members
- Record and process court orders, including freeze orders and requests for information
Required qualifications, capabilities, and skills
- 2+ years of relevant experience per the job responsibilities
- Maintains utmost accuracy in the processing of payments
- Ability to follow tight deadlines, organize and prioritize workload
- Ability to work closely with business partners and interact with staff at all levels
- Demonstrated experience of strong analytical and problem-solving skills
- Maintain strong discipline to support in new activities in partnership with multiple teams engaging in operational readiness
- Multi-tasker who can manage multiple streams of work concurrently and able to collaborate, partner and work in a team environment
- Excellent written and oral communication skills
Preferred qualifications, capabilities, and skills
- Experience of CHAPS including back-office processing, investigations and remediations, with a good understanding of how payment systems and processes work, and able to use the relevant software products and tools efficiently in day-to-day operations is preferred
- Experience of effective end to end queue monitoring and assisting a team in the prioritization of tasks
- Experience in back-office operations and keen sense of quality control and practices
- Functional experience with MS Office, including Word, Excel, Access, and PowerPoint
Job role
Work locationMumbai, 33492-JPMorgan Chase & Co Towers, M, Nirlon Knowledge Park, Western Express Highway, Goregaon (East), Mumbai, Maharashtra, India
DepartmentBanking / Insurance / Financial Services
Role / CategoryPayables / Receivables Management
Employment typeFull Time
ShiftDay Shift
Job requirements
ExperienceMin. 2 years
About company
NameJP Morgan Services India Pvt Ltd
Job posted by JP Morgan Services India Pvt Ltd
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