J.P. Morgan
Payments Foreign Exchange Operation(FX) primary functions are supported by the 100+ people in the global team. This included payment processing and controls, post settlement investigations, Dodd Frank regulatory team, Global Mass Pay team, and many more individual teams. The team supports:
- Payments 135 different countries, transacting in around 120 different currencies.
- Managing over 1 million FX transactions per month across multiple different FX products
Responsibilities
- Day to day responsibilities of managing both the payments processing team and the post settlement nostro breaks team involve managing failed settlement (nostro breaks)
- Ensuring that all payments are settled correctly, and any breaks are followed up on a timely manner.
- Identifying and investigating any root causes
- Establishing an excellent relationship with Front Office sales and other internal clients
- Participating in process improvement initiatives
- Working with the above groups to quickly and efficiently resolve client issues.
- Being the escalation point and key point of contact during the late Asia time zone and early European time zone.
- Development and training the Manila team to ensure that we have full coverage in the location.
- Managing the team, with day-to-day responsibilities including arranging training, recruitment, performance management, escalation resolution, and driving standards.
Requirements
- People management experience
- Experience of payments, and SWIFT communications between banks
- Experience in a financial service and nostro reconciliations
- Client Service experience with managing demanding and high-pressure situations.
- Effective organizational skills with the ability to manage and prioritize workload whilst working as part of a team.
- Strong communication skills, experience of building phone relationships.
- Take ownership and display the ability to follow through with departmental objectives whilst considering risks involved in daily processing.
- An attitude of continuous improvement.
- Well-developed problem-solving skills.
- Results-orientated
- Capability to prioritize.
- Capability to think laterally and understand the big picture.