Hiring for Business Systems Analyst I_corrections Analyst in Bengaluru/Bangalore, Bangalore East for Exp. 0 - 5 yrs at JP Morgan Chase.

  • Esteemed client of Orion TrueTech Services India
  • Bangalore, Karnataka, India
  • Feb 07, 2018
Full time Banking, Finance & Insurance Jobs

Job Description

Job Description:J.P. Morgan is a leading global financial services firm, established over 200 years ago: We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. We have assets of $2.5 trillion and operations worldwide We operate in more than 100 markets. We have more than 243,000 employees globally. Our wholesale businesses include J.P. Morgan&amp acirc &amp euro &amp trade s Asset Management, Commercial Banking and the Corporate &amp amp Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families. Our corporate functions support the entire organization and include the following functions: Accounting, Audit, Finance, Human Resources, Operations, and Technology. J.P. Morgan in India provides a comprehensive range of Corporate &amp amp Investment Banking, Commercial Banking, Asset &amp amp Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm&amp acirc &amp euro &amp trade s operations regionally and globally. The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions. The Consumer Banking Specialist is responsible for providing timely resolutions to our Consumer and Community Banking customer&amp acirc &amp euro &amp trade s queries. They will connect with our customers through inbound/outbound calls regarding transactions on their accounts such as payments, loans, charges/fees, interest rates, rewards and other issues. Description The CCB Corrections team manages the process to triage, fix, correct, and eliminate customer impact caused by a business process or operational break. Within this function, the data analytics team identifies and corrects impacted accounts via recalculating and crediting interest charges and/or fees. Working with the CCB Corrections team, the Correction Analyst will analyze the problem, identify the impacted population, determine the financial impact, and create execution files to correct the accounts. Typical activities include (but are not be limited to), identifying impacted populations based on defined criteria, calculating often complex financial impact, recalculating interest charges over a period of months or years, recalculating total balances based on exclusion of specific charges, and determining if fees applied would not have otherwise been billed. These breaks can present complex, multilayered, and data intensive business problems. Typically these problems will be of an unstructured nature, whereby the CA will be expected to quickly assess and comprehend the situation, and develop a practical approach/strategy to the analysis. This role requires interaction with business stakeholders and cross-functional groups. The candidate must possess strong problem solving and reasoning skills. Qualifications: &amp acirc &amp euro &amp cent Must be detailed and quality assurance oriented &amp acirc &amp euro &amp cent Must possess strong process adherence discipline Throughout the life cycle of a project, specific process control procedures and documentation must be followed and completed by the CA. &amp acirc &amp euro &amp cent Be able to work multiple problems simultaneously typically a CA will be assigned three to five problems at once Must possess good verbal and written communication skills Skills: Required: &amp acirc &amp euro &amp cent Expertise and practical work experience in SQL and SAS &amp acirc &amp euro &amp cent Proficiency with standard MS Office tools (Excel, Word, etc.) Preferred: &amp acirc &amp euro &amp cent Proficient in Tera Data database environments. Oracle environments a plus. &amp acirc &amp euro &amp cent In-depth understanding of writing and maintaining UNIX Scripts. &amp acirc &amp euro &amp cent Elevated proficiency in MS Excel