AWM_AM Operations_Payment Lifecycle Analyst

JPMorgan Chase & Co. is a leading global financial institution with assets under management of more than $2.9 trillion, over 250,000 employees and operations in over 60 countries.

J.P. Morgan Asset Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

Job Overview

The Asset Management Operations division of the firm is recruiting for Treasury Operations within the Alternatives Operations team. The team supports several middle office operations processes for Global Alternatives investments, including: trade support, cash management, transaction processing, data compilation and validation, and direct front office exposure to ongoing portfolio management and for new client or product launches.

The Treasury Operations group is part of JPMorgan Asset Management Operations and is responsible for payments and treasury operations. The role will be tasked with ensuring the group’s accounting and reporting functions are operating efficiently by working closely with members of the Treasury Operations team and the business to ensure deadlines and deliverables are met.

The candidate must be able to support multiple processes and project deliverables simultaneously while also thinking strategically to align with the organization’s broader goals and objectives. The candidate will have exposure to various alternatives product types for institutional, insurance, pension, and retirement accounts. The role will entail understanding trading structures to accurately capture all transactions, complete reconciliation checks, and ensure controls are performed. This will involve working closely with various internal and external teams and the business to ensure deadlines and deliverables are met.

Job Description

• Bank account opening and maintenance
• Implementation, control and oversight of electronic banking platforms and user-administration
• Oversight and day-to-day management of payment infrastructure for:
  • Internal Stakeholders
  • Fund Administrators
  • Paying Agents
  • Payment processing, cash repatriation and investor distribution
  • Vendor Management Support
    • Depository Institutions
    • Lending Banks
    • Financial Counterparties
  • Treasury Policy - oversight and execution
  • Internal and External reporting:
• Financial Risk Management Support
• Monitor, organize and track all vendor Invoices, property funding and transfer requests received from the GRA teams and process them on workflow/Kyriba.
• Perform daily reconciliations of property and fund level bank accounts, bank balances and variances. Resolve any discrepancies by working with internal/external parties.
• Monitor fund level account balances and ensure sufficient funds are available to make payments each day.
• Validate vendor & settlement instructions received from GRA teams and have it setup on Yardi/Kyriba.
• Work with respective banks for account maintenance and closure’s per controller/property manager’s confirmation.
• Ensure all payments flow through Yardi and Kyriba successfully by monitoring the progress each day through Spectrum tool.
• Collaborate with tech and business teams to improve payment processing tools and highlight potential issues.
• Prepare analysis of process and update procedures regularly.
• Perform ad hoc tasks

Skills

• Excellent communication skills, both written and oral, including the ability to interact with all levels of the organization.
• A strong understanding of accounts payable processing.
• Strong problem solving, analytical, and decision making abilities.
• Ability to multi-task and prioritize work in a deadline oriented environment.
• Ability to think about processes and impacts in a non-linear fashion.
• Detail oriented including strong documentation skills.
• Desire to "roll up your sleeves" and work independently and as a team player.
• Ability to adapt to a rapidly changing business and technical environment.
• Proficient in Microsoft Excel and Word.
• Good to have Kyriba(Third party payment tool) knowledge / working experience

• Bachelor’s Degree in Accounting, Business Administration, or Finance.
• At least 1 - 3 years of experience in accounts payable/expense processing/treasury operations experience or other relevant financial services experience.
• Self-motivated and proactive with the ability to work independently as well as be able to effectively work in a team.

JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.