CIB Client Billing Ops Associate

locationNewark - Delaware (DE),

atJPMorgan Chase Bank, N.A.

Estimated salary $13 - $17 an hour

Job Description:

Billing Operations Team supports the end-to-end Billing process for JPM's Global business units within CIB Banking, Markets and Investor Services. The team supports CIB clients, globally, who use Treasury Services, Custody, Accounting, Fund Administration, Investment Analytics, Trust & Fiduciary, Transfer Agency, Prime Brokerage and OTC suite of products. The team's primary functions include, but are not limited to, account and product setup, validation of data inputs into core billing applications, invoice production, validation and delivery, variance analysis and metrics reporting.

Summary of Responsibilities

  • Provides billing support to Prime Broker, Fixed Income, Prime Broker Prime Custody and Electronic Client Solutions businesses

  • Ensures that Clearance, Execution, Liquidity, Regulatory fees and expenses are reconciled, allocated and recovered according to client agreements
  • Performs analysis of revenue and expense generated from client trading activity
  • Prepares and reviews weekly and monthly metrics utilizing Excel and other automation tools
  • Prepare daily and monthly account reconciliations
  • Supports the timely processing and generation of client invoicing/reporting
  • Prepares and presents month-end close functions, trend and trading activity analysis
  • Communicates effectively with clients and Line of Business teams within Sales, Marketing and Middle office
  • Lead projects and other department initiatives related to streamlining billing processes and system enhancements
  • Collaborate with teams outside of our organization related to billing functions and projects
  • Recommends and implements enhancements to improve effectiveness and efficiency of services and systems
  • Proactively raises issues to management and
leads in resolution effort
  • Create and maintain Standard Operating Procedures (SOPs) and Written Supervisory Procedures (WSPs)
  • Provides training and assists in the development of team members

  • Skills and Qualifications
    • Series 99 certification required, or willing to obtain
    • General business knowledge of the Securities Industry
    • Strong Excel skills
    • Analytical, problem solver
    • Ability to multitask and meet required deadlines
    • Must be organized and able to prioritize
    • Excellent communication and presentation skills
    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.

    Equal Opportunity Employer/Disability/Veterans

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