Asset Servicing Associate II

JPMorgan Chase is hiring an Asset Servicing Associate II in Newark, DE, to manage global income and corporate actions for equities and fixed income products. The role involves collaborating with various teams, overseeing daily processing, ensuring accurate reporting, and driving process improvements. Candidates should have a Bachelor's degree, strong problem-solving skills, and proficiency in Microsoft Office. Experience in asset servicing is preferred.
Join our Markets Asset Servicing Team to manage global income and corporate actions for equities and fixed income products. Enhance your product knowledge through collaboration with trading desks, middle office, finance teams, and settlements, while driving process improvements within J.P. Morgan's diverse operations.

Job Summary:
As an Asset Servicing Associate in the Markets Asset Servicing Team, you will play a vital role in managing global income and corporate actions for equities and fixed income products. This position provides a unique opportunity to enhance your product knowledge by working across various business lines. You will collaborate closely with trading desks, middle office, finance teams, and settlements, gaining valuable insights into the diverse operations of J.P. Morgan. Your efforts will ensure accuracy and efficiency in processing, contributing to the overall success of our securities management.

Job Responsibilities:
• Oversee daily processing of dividends, coupons, and corporate actions across various markets.
• Liaise with front and middle offices, depositories, global custodians, and market counterparties.
• Manage daily workflow with tight deadlines and high transaction volumes.
• Ensure timely and accurate regulatory reporting and daily controls.
• Produce daily/weekly metrics for senior management.
• Manage cash and stock breaks.
• Drive changes for efficient and cost-effective process improvements.
• Act as escalation contact, resolving complex dividend-related queries.
• Establish relationships with front and middle offices, global custodians, and market counterparties.
• Ensure adherence to escalation policies and maintain awareness of risk policies.
• Work on projects for industry mandates, process improvements, and client requirements.

Required Qualifications, Capabilities, and Skills:
• Bachelor's Degree in Accounting, Business Administration, Economics, Finance, or equivalent experience.
• Strong risk and control awareness with ability to implement mitigating controls.
• Ability to prioritize workloads and meet critical deadlines while maintaining accuracy.
• Exceptional problem-solving skills and ability to work under pressure.
• Strong relationship-building skills and ability to develop partnerships.
• Excellent verbal and written communication skills.
• High attention to detail.
• Proficiency with Microsoft Office applications, especially Excel.

Preferred Qualifications, Capabilities, and Skills:
• Asset servicing experience in securities operations.
• Knowledge of transaction/trade lifecycle.
• Ability to adapt to rapidly changing business and technology needs.

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.