Job Description
Join a team shaping the future of digital payments and drive your professional growth. Become a pivotal leader at the forefront of revolutionizing payment operations, where your expertise will help drive efficiency across our financial systems.
As a Payment Operations Associate in the Transaction Approval Group (TAG) within Commercial & Investment Banking Operations, you will help manage overdrafts that arise from underlying account sweep structures & issuance of returnable instruments. You will partner with Client Onboarding & Services and Credit to ensure policies, procedures, and control requirements are appropriately defined and consistently followed. TAG operates in a high-tempo, global environment, requiring adherence to multiple trade and currency cut-offs while also supporting ongoing project deliverables.
Job Responsibilities
- 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
- Investigate overdrafts that arise on accounts due to participation in a sweep structure.
- Apply strong operational discipline—conduct investigations and ensure timely outreach to COS and Credit—to manage and mitigate credit exposures.
- Understand and execute required operational control procedures.
- Support management-directed projects aligned to TAG's core responsibilities (e.g., contributing to the development of Global Funds Control (GFC), Custody Credit Engine (CCE), Integrated Credit Risk Desktop (iCRD), and other credit-control systems).
- Serve as a subject matter expert on funds-control payment systems and related processes.
Required Qualifications, Capabilities, And Skills
- Bachelor's degree
- Minimum 8 years of experience working in Risk & Controls or Banking/Payment Operations or Client Service or Product Management
- Prior experience and proven ability to communicate effectively and confidently with senior management
- Expertise in Microsoft Applications (especially PowerPoint and Excel) and experience using SharePoint
- Self-starter, capable of working independently, making decisions using a risk and control mindset
- Proven track record of multi-tasking in a time sensitive environment
- Quick learner and strong interpersonal and team working skills
- Open attitude towards sharing ideas and knowledge with appropriate partners/stakeholders
- A proactive approach to problem solving and taking ownership of issues
Preferred Qualifications, Capabilities, And Skills
- Knowledge of cash management products, payment systems, Securities clearing/processing and settlements
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 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.
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.
