JPMorgan Transaction Approval Group - Vice President 

India, Maharashtra, Mumbai 

296095929

An opportunity has arisen for an individual to join the team as a Vice President. The successful candidate will be involved in day-to-day cash payment and securities settlement risk issues and control, participation in projects, and will interface with Operations Risk Management (ORM), Operations, Treasury, Credit, Compliance, Legal, Middle Office and other functions to ensure that policies, processes and control requirements are properly developed and adhered to. The team works in a very fast paced environment with multiple trade and currency cut-offs to be adhered to alongside project responsibilities.

Job Responsibilities

• Apply sound operational and credit risk management principles, judgment, research and investigation to support process and to manage credit exposures/ decision approvals within respective approval authority.
• Manage cash payment and securities settlement and monitoring/approval functions that affect and control credit and intra-day exposure for a portfolio of clients, products and currencies.
• Understand and support operational control and regulatory reporting requirements.
• Work with Operations and Client Services to manage client payment relationships.
• Inform aligned Credit Risk and ORM partners about client portfolio activity, issues and provide line sizing recommendations.
• Liaise with key stakeholders including Credit, Relationship Managers, Product Management and Operations regarding client credit limits/arrangement recommendations to support clients' activities.
• Actively participate in client and country crisis management risk mitigation actions including Rapid Exposure Drills (RED) with Credit and Relationship Managers and support business resiliency planning.
• Engage as a subject matter expert for payment systems and processes.
• Lead projects that relate to TAG core functions as requested by management (e.g. development of the Funds control Applications)

Required qualification, skills and capabilities:

• Experience in Risk, Operations, TS or CFS Client Service, Middle Office or product management.
• Experience working on Global Funds Control
• Knowledge Funds Control & Credit Risk systems
• Knowledge of securities clearance/processing, custody and/or foreign exchange and multicurrency services would be desirable.
• Strong interpersonal and team working skills
• Previous management skills running a 24 hour team. Strong control mind-set, demonstrable partnership skills.
• Self-starter capable of multi-tasking in a time sensitive environment
• Ability to communicate effectively
• 8-10 years of direct experience in Credit Risk