India Branch Cash & Foreign Exchange Operations - Associate
JPMorgan Chase & Co. (company site, opens in a new tab)5+ yrsBengaluruOn-siteDirect career pageEst. 12–20 LPA
Posted on 10 Sept
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Job description
Structured overview of role & requirements
About This Role
- Own end-to-end processing, validation, and controls for cross-border foreign exchange payments in compliance with India regulatory requirements and service-level commitments.
- Lead complex investigations for payment rejects, returns, recalls, amendments, and beneficiary non-receipts, ensuring timely resolution and strong stakeholder communication.
- Perform nostro and vostro reconciliations, clear breaks, maintain audit-ready controls, and drive continuous process improvements through root-cause analysis and SOP updates.
Minimum Requirements
- Bachelor's degree in Commerce, Finance, or Business mandatory.
- Minimum 5 years of experience in foreign exchange operations covering trade and non-trade flows within a bank or global financial institution.
- Strong knowledge of Foreign Exchange Management Act and Reserve Bank of India regulations for current and capital account transactions.
- Experience managing payment investigations with tracking and case tools, and performing nostro/vostro reconciliations and end-of-day controls.
Ideal Candidate Profile
- Experienced professional with deep operational expertise in Indian foreign exchange payments and regulatory compliance.
- Demonstrates strong control orientation with attention to detail, sound judgement for escalation, and ability to manage high-volume, time-sensitive transactions.
- Skilled in coordinating with multiple internal stakeholders such as treasury, trade operations, compliance, and client service teams to resolve issues effectively.