India Direct Custody Operations - Designated Depository Participant Services (DDP) - Associate

Are you ready to make a significant impact in custody operations? Join J.P. Morgan's Direct Custody Operations team as an Associate, where you'll play a crucial role in managing client onboarding and regulatory processes for foreign investors in India. This is your opportunity to work with a dynamic team, enhance your skills, and drive operational excellence. Be part of a team that values innovation, client satisfaction, and professional growth.
As an Associate within the India Custody Operations team, you will manage the India market entry and onboarding process for foreign portfolio investors, ensuring compliance with regulatory requirements. You will collaborate with internal and external stakeholders, drive process efficiencies, and manage risk and control assessments. This role offers you the chance to build strong relationships, stay current with industry changes, and contribute to the success of our custody operations.
Job responsibilities
Manage end-to-end client onboarding, including Foreign Portfolio Investors (FPIs) registration
Manage end-to-end life cycle management of FPI including registration, mid cycle changes, renewal & closure.
Stay current with evolving industry and regulatory changes, client requirements and analyze impact to business, processes, and compliance
Drive process efficiencies by innovation and robotics
Build and manage effective work relationships with internal stakeholders, like Know Your Customer (KYC) Utility Team, Business, Compliance, Legal teams, and external stakeholders, including but not limited to regulators and auditors
Perform detail risk and control assessments and ongoing process reviews to identify patterns/trends with risk and control implications
Ensure compliance with Indian capital market and banking regulations
Collaborate with internal teams and external partners to deliver best-in-class service
Participate in market advocacy to enhance client experience and manage risk
Required qualifications, capabilities, and skills
Bachelor’s Degree
At least 5 years of work experience in the financial services industry with at least 5 years of experience in Designated Depository Participant (DDP) / FPI KYC related role
Knowledge of Indian capital market and FPI regulations
Strong stakeholder and relationship management skills
Excellent communication skills, both verbal and written
Ability to manage multiple priorities and work under pressure
Strong leadership and team management skills
Preferred qualifications, capabilities, and skills
Experience in regulatory and corporate compliance activities
Knowledge of corporate and investment bank products

Skills
Onboarding

Experience
5+ yrs