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Market Asset Services – Corporate Actions, Vice President

JPMorgan Chase

Market Asset Services – Corporate Actions, Vice President

JPMorgan Chase

Jersey City, NJ, United States, US

·

On-site

·

Full-time

·

1mo ago

Join us as an Asset Services Manager III in Asset Servicing! Lead our Corporate Action team to ensure precise and timely corporate action event processing. Engage with a diverse client base, including Prime clients and J.P. Morgan Securities equity trading desks, in a dynamic, fast-paced setting. Promote the transition to our new Asset Servicing Engine and unlock career growth and development opportunities. Exciting leadership awaits!

As an Asset Services Manager III in the Corporate Action team, you will play a crucial role in overseeing the retrieval, interpretation, and processing of corporate action events. You will work closely with us to ensure that our clients' needs are met and that instructions are executed accurately. Your work matters to the firm and the wider community as you help us maintain our reputation for excellence in asset servicing. You will be part of a team that values collaboration, innovation, and continuous improvement, providing you with the opportunity to grow and develop in your career. Markets covered are U.S., Canada and Latin America.

Job responsibilities

  • Lead the Corporate Action team in accurate and timely retrieval, interpretation, and processing of corporate action events
  • Oversee communication with Middle Office, Client Service, traders, and clients to relay market decisions
  • Collaborate with custodian banks to ensure instructions are received and executed
  • Manage the posting and reconciliation of cash and stock entitlements
  • Guide the Announcement Capture team in scrubbing events and notifying clients
  • Oversee the collection and submission of client elections to the market and manage payments
  • Lead the transition to a new Asset Servicing Engine for global processing

Required qualifications, capabilities, and skills

  • 5 years of experience in processing voluntary corporate action events
  • Knowledge of DTC (Hub, Smart track, and CNS) and Euroclear
  • Bachelor's degree in Accounting, Business Administration, Economics, Finance, or equivalent work experience
  • Strong understanding of the transaction/trade lifecycle
  • Ability to adapt to rapidly changing business and technology needs.
  • Strong risk and control awareness with the ability to implement mitigating controls.
  • Ability to prioritize workloads and meet critical deadlines while maintaining accuracy and quality.
  • Exceptional problem-solving and issue resolution skills.
  • Capable of working in a fast-paced environment and open to change.
  • Series 99 license required, you must acquire the Series 99 certification within the first 120 days

Preferred qualifications, capabilities, and skills

  • Experience in leading transitions to new processing systems or engines.
  • Strong communication and collaboration skills with internal and external stakeholders.
  • Proficiency in Microsoft Word, Excel, and other applications; Alteryx is a plus.
  • Asset servicing knowledge and experience within a securities operation environment preferred.

Please note this role is not eligible for employer immigration sponsorship.

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About JPMorgan Chase

JPMorgan Chase

JPMorgan Chase is a multinational investment bank and financial services company that provides banking, investment, and asset management services globally. It is one of the largest banks in the United States by assets and market capitalization.

300,000+

Employees

New York City

Headquarters

Reviews

4.2

10 reviews

Work Life Balance

4.2

Compensation

4.3

Culture

4.5

Career

4.4

Management

4.1

75%

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Pros

Good pay and benefits

Work-life balance

Career advancement opportunities

Cons

Heavy workload at times

Career advancement takes time

Pay could be better in some roles

Salary Ranges

47 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Analyst

21 reports

$126,500

total / year

Base

$110,000

Stock

-

Bonus

-

$95,450

$155,250

Interview Experience

4 interviews

Difficulty

2.8

/ 5

Duration

14-28 weeks

Interview Process

1

Application Review

2

HireVue Video Interview

3

Technical/Behavioral Assessment

4

Final Interview Round

5

Offer Decision

Common Questions

Behavioral/STAR

Technical Knowledge

Past Experience

Culture Fit

Case Study