Cash Management Manager
JPMorgan
Total years of experience :17 years, 1 Months
Process Manager - Cash and Position Management (April 2018 to present)
JP Morgan Chase Bank NA
Performs funding of Nostro Accounts, monitor balance, and reconcile the daily statements with Predictions & Ledgers within a deadline driven environment
Provide overall supervision to the staff during his/ her shift operating window
Ensure that all work items are completed as per the agreed SLA
Monitor the exceptions and ensure that they are resolved in a timely manner
Identify opportunities for improving the efficiency of the process.
Identify the training requirements of the team members and work with the associate on providing the required trainings
Track the changes to the procedures and ensure that the team is fully aware of the changes
Prepare the position of the Nostros as per the funding requirement
Co-ordinate with the business and treasury teams to arrive at the appropriate funding requirements of the Nostro Account
Perform reconciliation to identify the reason for the break and reach out to businesses to close the breaks
Support Global Treasury teams in the process of predicting and funding the banks cash positions across EMEA
Monitor & validate overdraft & credit interest charges
Partner with Global projects team to ensure seamless rollouts of any enhancements and on or off boarding of any accounts from Cash Management systems
Team Leader - Fund Accounting (Corporate and Investment Banking)
JP Morgan Chase Bank NA
The JP Morgan Fund Accounting Team provides a range of services to mutual fund & pension clients based in Europe.
The Fund Accountant (FA) is responsible for the day-to-day production, validation & delivery of Financial Statements of Accounts & Net Asset Value (NAV) that are delivered to clients & sub-advisors. A broad knowledge of fund accounting is required as the FA takes ownership for the accuracy of all accounting and investment components of the financial statements.
Primary responsibility of the FA is the maintenance of accurate accounting and securities records for each fund administered, ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation, asset pricing, security trading, income & expense processing etc.).
Problem-solving investigation & resolution where accounting or securities transactions breach the validation tolerances of the JP Morgan Exception Management System (EMS).
Timeliness of NAV production, accounting validation and management escalation, in the event of issues, is essential to the success of the individual’s and team’s performance.
Ensure adherence of operational procedures to complete task in an accurate and timely manner. - Support the managers in the objective to provide top quality operations in support of this global business. - Document procedures and identify requirements for additional controls. - Provide training of new hires.
Effectively lead the team of 10 FTEs delivering quality results based on Key Performance Indicator (KPI) requirements.
Manage the day-to-day team activities and ensure the achievement of individual and team objectives as per agreed targets.
Monitor direct reports performance, provide regular performance feedback and conducts one on one discussion.
Identify direct report’s potentials and create opportunities to develop and demonstrate their potentials.
Manage relationship with internal and external partners through regular engagement and handling of their day-to-day transactions.
Cascade relevant and known information to the team such as but not limited to policies and organization changes.
Perform Administrative tasks such as but not limited to production reports, inputs on scorecards, attendance and ad hoc reports.
Quality Assurance Team is a section of Asset Recovery - MI Claims that ensures WAMU and CHASE Loans are being serviced according to procedure, within self assessed risk tolerances and service level agreement (SLA). The team requires a high level understanding of all work flows within loan processing and how these workflows are processed within the department. Must be capable of identifying process errors and recording these errors in a clear and concise manner.
Job Duties:
-Audits daily work/accounts from MI Specialist both WAMU and CHASE Loans.
-Inputs clear and concise audit results on site wide report.
-Provides monthly and quarterly quality performance reports to Operations (includes presentation of audit findings, error trending, and/or recommendation to improve quality scores).
-Creates QA procedure and audit guidelines/checklists.
-Performs calibration sessions and refresher with Operations as required.
-Provides floor support and feedback to specialists regarding quality scores.
-Updates and monitors the quality control scores of each specialist through Asset Recovery Claims Report to determine an individual’s areas for improvement.
-Responsible for completing receivable/claim filing functions for JPMorgan Chases Claims Operations.
-Filing claims to investors in accordance with investor regulations within required timeframes,
-Following up for claim funds, updating systems with claim payment information,
-Reconciling claim funds, and referring loans for supplemental recovery/loss analysis.
-Responsible for updating all JPMorgan Chase default servicing applications systems and communicating electronically with investors and the claims department.
-Ensure adherence of operational procedures to complete task in an accurate and timely manner
-Process posting payments of all the postpaid subscribers of Smart Communications Inc.
-Process payment files extraction and uploading as received from payment channels.
-Validate and process payment adjustments, transfer of payment, uncredited payments, debit memo and credit memo.
-Respond to all subscribers complains and inquiries with regards to payments posting and adjustments.
-Process of lease rents for all the wireless centers/sub-centers of Smart Communications Inc. all over the country.
-Ensure payment of lease rents are paid on or before due date through SAP monitoring and coordination with Treasury Department.
-Ensure “zero balances” for lease rent Reconciliation.
-Completion of daily checklist and reporting
-Evaluate the performance and results of the team in timely fashion to provide top quality operations.
-Maintain files and documentation thoroughly and accurately, in accordance with company policy.
-Ensure payment process and documentation is in accordance with SOX (Sarbanes-Oxley) and Audit Requirements prior to payment vendors using SAP.
-Process recurring and non-recurring expenses.
-Prepare monthly accrual schedules and entries related to assigned functional responsibilities.
-Process inter-company transactions, GL entries for due to/due from SMART, PLDT, and PILTEL.
-Completion of daily checklist and reporting.
-Process purchase order for office supplies.
-Prepare reports for inventory and supplies monitoring
-Process payroll accounting.
-Prepare and process quarter and annual budget.
-Process MOA for project events, projects and contractors