J.P.

 Morgan has a fully integrated franchise in the Philippines, comprising Investment Banking, Treasury

and Securities Services, Equity Sales and Research and Trading operations. The firm has a number of
legal entities operating in the country, including the Manila branch of the bank, which has a commercial
banking license as well as a derivatives license, and a securities company with a seat on the Philippine
Stock Exchange. 

J.P. Morgan began operations in the Philippines in 1961 with a representative office. Today, Manila is the

site of a rapidly expanding Global Service Center that services the firm’s various lines of business and
supports customers around the world.

Learn more about our businesses in the Philippines. 

Contact Us
The Senior Country Officer is Roberto "Bobbit" Panlilio and the Senior Country Operations Officer for the
Philippine GSC is Karen V. Batungbacal De Venecia. For additional information, please call (63) 2 885
7700. 

For Marketing & Communications, please contact:

Ray Bashford, Regional Head, Corporate Communications, Asia Pacific
(852) 2800-1310
Ray.b.bashford@jpmorgan.com

Paolo Alejandro U. la'O, Marketing and Communications, Philippines 

(632) 908 5073 
Paolo.lao@jpmorgan.com

Learn more about J.P. Morgan's presence across Asia Pacific.

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Our philosophy is to deliver first-class business in a first-class way which demands continuous innovation

and foresight. We have the breadth and depth of expertise spanning the globe, which helps us anticipate
client needs and keep us ahead of the competition. 

We offer opportunities in the Investment Bank, Treasury and Securities Services, Asset Management,
Private Banking and Corporate and Support functions.  To make the most of these opportunities we offer
world-class training and development as an integral part of maximizing all aspects of your professional
career.  

We are looking for exceptionally talented individuals with the vision and ambition to drive our business
forward.  Intrigued to learn more? Find out more about why you should join J.P. Morgan:

 How to Apply
 Why J.P. Morgan?
 Opportunities
 History
 Corporate Social Responsibility
 Awards & Recognition
Read our brochure to better understand the Strength, Intelligence and Character that drive our business.

Our Businesses
In the Philippines, J.P. Morgan operates across the following lines of business and is rapidly expanding its
Manila office:

 Investment Bank
  Treasury Services
 Securities Services
 Global Operations
Investment Bank
J.P. Morgan's Investment Bank delivers a global platform of integrated financial products spanning M&A
advisory, capital markets, prime brokerage, restructuring, risk and research. The firm provides
comprehensive strategic advice, capital raising and risk management expertise to a broad range of issuer
clients, including top corporations and financial institutions as well as the Philippine government and its
agencies.

J.P. Morgan is a trusted financial advisor and has provided its in-depth expertise to a wide range of
strategic mergers and acquisitions, restructurings and reorganizations. The firm is among the top
arrangers of equity and debt capital in the Philippines and has led landmark equity initial public offerings,
equity follow-on offerings, bond offerings and loan syndications.

J.P. Morgan is also a leader in the local equity brokerage, foreign exchange, fixed income and derivatives
markets and is a top distributor and trader of equity securities, government securities, swaps and foreign
exchange.

Learn more about the Investment Bank globally, or contact us to discuss your investment management
needs.

Investment Bank
J.P. Morgan is a leading global investment bank with one of the largest client bases in the world. We
serve nearly 20,000 clients, including corporations, governments, states, municipalities, healthcare
organizations, education institutions, banks and investors. Our clients operate in more than 100
countries. We offer a complete range of financial services to help clients achieve their goals. We provide
strategic advice, lend money, raise capital, help manage risk, and extend liquidity, and hold global
leadership positions in all of our major business lines.

Across our business, our goal is to help clients succeed, contribute to orderly and well functioning
markets and support global economic growth. One of the most important functions we serve is extending
credit to companies to help them grow. 

We were founded more than 200 years ago and have a proud history of, in the words of one of our
founders, doing "only first-class business... in a first-class way."

Treasury Services
J.P. Morgan satisfies cash management needs of clients operating in the Philippines by offering reliable
and innovative payables and receivables management services, liquidity and investment management,
and trade services.

Payables and receivables management services include over-the-counter cash and checks, high- and
low-value electronic payments and receipts, book transfers to other accounts held at J.P. Morgan, check
payments and collections, foreign currency payments and foreign exchange transactions.
Learn more about Treasury Services globally, or contact us to discuss your treasury management
needs. Treasury Services
As one of the world's largest and most trusted full-service providers, J.P. Morgan's Treasury Services delivers cash
management, trade, liquidity,commercial card and escrow services that resolve the working capital and efficiency
challenges treasury professionals face today.

We are committed to making it as easy as possible for clients to do business with us by providing streamlined
documentation, fast-track implementations, online service tools and continuing to invest in the seamless global
operating model that differentiates us in the market.

More than 135,000 corporations, financial institutions, governments and municipalities in over 180 countries and
territories entrust their cash business to J.P. Morgan.

Contact us to discuss your current trseasury management needs.

Securities Services
J.P. Morgan Worldwide Securities Services (WSS) safe keeps, values, clears and services securities and
portfolios for investors and broker/dealers. The business is a global leader in providing innovative
solutions, helping clients in more than 90 markets optimize efficiency, mitigate risk and enhance revenue
through custody and investor services as well as securities clearance and collateral management
offerings.

J.P. Morgan offers a comprehensive range of core and specialized investment products above and
beyond competitive offerings. WSS can tailor solutions specifically to our clients' needs, combining a wide
range of products with the market-leading services of a top-tier investment bank.

Learn more about Securities Services globally or contact us to discuss your securities management
needs.

Global Operations
In 2005, the bank established the Philippine Global Service Center (GSC) in Manila to provide strategic
support to the firm’s various lines of business. The GSC services the clients and customers of these
businesses 24 hours a day, 7 days a week around the world. The GSC provides a wide range of support
for the operations of Card Services, Retail Financial Services (home lending, auto finance, education
finance, telephone banking, business banking), and Treasury and Securities Services. These support
services include back-office operations as well as, inbound and outbound calls for the firm’s U.S.-based
retail (CHASE) and wholesale (J.P. Morgan) businesses.

The GSC includes functions such as human resources, performance improvement, quality assurance,
information technology, accounting, account servicing, collections, operations and operations
management, project management, and risk & compliance. The GSC is expected to expand its operations
within the country and significantly add to its workforce through 2010.

With an unparalleled reputation, rich heritage and winning culture, JPMorgan Chase & Co.’s Philippine
Global Service Center provides genuine career opportunities for dedicated and talented individuals who
aspire to be part of this diverse and globally recognized organization. At JPMorgan Chase & Co.,
employees are provided comprehensive benefits, recognized and rewarded based on their performance,
and given the opportunity to share their knowledge and expertise with both colleagues and management.

Learn more about the Philippine Global Service Center, or contact us to see various job opportunities.

Why J.P. Morgan?

There are 6 main reasons that people give for working at J.P. Morgan:
 1. Scale. Join the integrated global bank that has been investing and growing in Asia since
1872.
J.P. Morgan is one of the great names in global finance. This is the fully integrated bank that
combines specialist local knowledge and strong working relationships with leading positions
across the full spectrum of products and services. Our full-service platform can mobilize exactly
the right mix of products, services and resources to meet any client need, anywhere in the world.
This is an enterprise with the ambition, talent and resources to be the best - and you could be
part of it.
2. Scope. Build your knowledge and develop your career in the world's richest learning
environment.
This business is uniquely equipped to provide the challenges, experiences and learning
opportunities that are vital for accelerated personal growth. The development of talented people
is fundamental to the strength of our franchise; this is why we are so actively committed to the
concept of career mobility. People here often tackle many different kinds of roles during their
careers, and we work hard to provide development paths that match the strengths and interests
of the individual.
3. Innovation. Help shape new products, new partnerships, new opportunities and new ways
of doing business.
Entrepreneurial innovation has driven our business since the 19th century. After the Great Kanto
Earthquake of 1923, J.P. Morgan underwrote the first dollar-denominated bonds issued by the
Japanese government. In 2007, J.P. Morgan became the first foreign institution to win the right to
incorporate locally in Beijing. J.P. Morgan continues to set the pace of progress: continuing
investment in new products, markets and relationships opens up all kinds of opportunities for
people who want to shape the future of global finance.
4. Inspiration. Tackle the most stimulating, important and rewarding challenges in global
finance.
Stimulating work brings job satisfaction, but it also fuels personal growth. 'Inspiring work' will
mean different things in different parts of the bank. For some, it's the chance to work on the
biggest equity deals in Asia's history; for others it might be developing the best cash management
services in the region. Fulfillment at work is not just a question of deal flow or transactional
volumes, but the quality of service we deliver to the client. The best career advice in the world is
still, 'love what you do'.
5. Contribution. Make a personal impact on the world's most complex and fast-moving
markets.
The people who thrive at J.P. Morgan are often motivated by an instinctive drive to make a
difference in the world. For those who like to be judged on results, Asia offers a particularly rich
environment: flat structures and swift growth open up exciting opportunities for early
responsibility, extended roles and cross-functional working. There are reputations to be made
here and you can count on J.P. Morgan to celebrate and reward your contribution.
6. Culture. Embrace an ethical culture of teamwork, open communication, fair play and
meritocracy.
The culture of J.P. Morgan appeals to talented individuals with different strengths and
perspectives who enjoy working together to achieve great things with clients. Mutual trust and
respect grow naturally from openness and cooperation, and the same collaborative spirit flows
into our client relationships. So it's not just the caliber of the people that makes J.P. Morgan
special; the way we support and encourage each other is a vital part of our business model, too.

Check Deposits

Deposit USD and foreign currency checks around the world.

How you benefit:

 Simplify check processing and improve funds availability

  Streamline check return processes and reduce costs
 Minimize exposure to check fraud and reduce the risk of returns
 Monitor and track deposits and balances from multiple sites
 Choose between paper- and image-based deposit services
Cash Letters - choose from U.S., international and multicurrency cash letter services for clearing U.S.
and foreign currency checks

Check Clearing - simplify check processing and improve funds availability with our check clearing
solutions

Secure Collections - use our secure state-of-the-art package tracking service to collect and clear US
dollar checks across Europe and Asia

Coin and Currency

With 5,160 branches, more than 10,000 Deposit Friendly ATMs and a Nationwide Vault Network, you can
place orders for currency, make deposits 24/7 and track activity by location through electronic reporting
options

How you benefit:

 Deposit cash quickly and conveniently at anytime

 Receive deposit verification and just-in-time order fulfillment
 Expedite funds availability
 Track deposit verification electronically, as well as track ATM deposits from multiple employees
ATM Business Deposit Card - receive up-to-the-minute detailed transaction reports on employee
deposits made with ATM cards

Business Deposit Express - make fast cash deposits plus save time ordering and picking up coin and
currency

Nationwide Vault Network - receive competitive deadlines, next-day delivery, simple ordering and a
single statement from our virtual Nationwide Vault Network or our proprietary locations

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Electronic Check (eCheck) Services

Choose from our electronic check solutions for converting consumer check and payment data into ACH
debit transactions. You benefit in multiple ways, including:

 Reducing processing and back-office costs

 Improving collection rates, clearing and funds availability
 Viewing images of source documents online
The following check conversion services are designed to meet your ACH message formatting and
authorization / notification requirements:

Back-office Conversion (BOC) - Checks received at the point of sale are converted to single entry ACH
debits from a back-office location
ACH Point-of-Purchase (POP) Check Conversion - Checks tendered at the point of sale are converted
into ACH debits
Accounts Receivable Check Conversion (ARC) - Checks captured in a lockbox or drop box are
converted into ACH debits
ACH Re-Presented Check (RCK) Conversion - Checks with a value under $2,500 returned for
insufficient or uncollected funds are converted to ACH debits
Image Deposit Direct (IDD) - Checks captured at business locations using desktop scanners to transmit
check images directly to your bank account

Additional Solutions

Telephone-Initiated (TEL) - One-time debit to a consumer's account based on a telephone authorization

by the consumer
Web-Initiated (WEB) - One-time or recurring debit to a consumer's account based on a Internet-based
authorization by the consumer
ACH Preemptive Processing Intelligence (PPI) - Service to help you identify ACH return items earlier in
the process to speed payment collection

Payables

Increase payment efficiency, security and reliability with J.P. Morgan. Recently recognized as the Best
Overall Bank for Payments and Collections in North America 1, we are dedicated to offering a
comprehensive range of electronic, card and paper-based payables solutions to help you reduce resource
costs and payment risk.

 As Much as $5.05 trillion in U.S. Dollar Wire Transfers Processed Daily - More Than $58 Million
per second
 #1 in ACH Originations – Total, EDI Initiated Payments, and EDI Initiated Electronic Payments
- Ernst & Young, 2009
 #1 in CHIPS, Clearing House for Interbank Payments, 2010
 #1 in Fedwire, Federal Reserve, 2010
 "A" or "A+" Ratings in ACH, Balance Reporting, Controlled Disbursement, Deposit Services,
Wholesale Lockbox and Funds Transfer Timeliness Among Large Corporates, Phoenix-Hecht
Cash Management Monitor, 2010
 #1 in Purchasing Cards - Transaction Dollars, Ernst & Young Survey, 2006 - 2009
 #1 Visa®/Mastercard® Purchasing Card Issuer & Fleet Card Issuer (dollar volume) Nilson
Report, June 2010
 Approved provider of GSA SmartPay® payment services to U.S. federal government agencies
1
 Best Overall Bank for Payments & Collections - North America, Global Finance, 2008

Automated Clearing House (ACH)

For 34 years, J.P. Morgan has led our industry as the #1 ACH originator. We are also proud to be ISO
9001 certified, which demonstrates our unique commitment to providing exceptional customer service and
enabling timely, quality transactions.
Check Disbursement
Our paper check solutions offer a variety of services to improve funds management, information access
and control. Streamline reconcilement processes and gain transparency in your transactions.
Commercial Cards
Manage your procurement, travel and other organizational expenses through versatile card controls,
online functionality and data integration into your accounting system. We offer a full suite of commercial
card payables solutions that are fully customizable to your requirements.
Debit Cards
Whether you're in the public or private sector, our solutions allow you to manage payroll, benefits
distribution, incentive and rebate programs and other organizational expenses through versatile card
controls, online functionality and data integration into your accounting system.
Electronic Payables
Initiate domestic and global payments via wire, ACH, and draft electronically to vendors, customers and
employees to eliminate paper processing costs, delays and inconvenience. In addition, effectively
manage your currency exposure.
Foreign Exchange
An increasingly complex world offers new challenges and opportunities. As one of the leading global
banks in foreign exchange, J.P. Morgan has the capabilities and expertise to help you navigate across
any border.
Healthcare Link for Payers
Our suite of services automates and integrates all aspects of payment and remittance advice processing
for health insurers.
Order-to-Pay
J.P. Morgan's Order-to-Pay automates purchase order delivery, invoice and payment processing, and
discount management. By connecting buyers with their suppliers across a secure settlement network, the
service automates transaction processing and optimizes working capital.
Payment Fraud Prevention
Managing risk is easier with our suite of services designed to help you identify fraudulent payments, block
them from your account and give you review and control over incoming payments.
Self-Serve Inquiry and Resolution Management
You can service, report and track issues involving incoming and outgoing funds transfers and ACH U.S.
Dollar origination transactions — all online 24 hours a day, seven days a week from your desktop, laptop
or a wireless device. J.P. Morgan eServe is a Web-based inquiry management tool available through the
J.P. Morgan ACCESSSM portal.
U.S. Dollar Clearing - Asia Direct
U.S. Dollar Clearing – Asia Direct revolutionizes how international payments are made. You gain direct
access into multiple U.S. dollar clearing systems across Asia through a single J.P. Morgan Multicurrency
Account. Intelligent routing technology also helps expedite your initiation-to-settlement cycle.

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Financial Institutions

J.P. Morgan understands what it takes to operate a high-performing, successful financial institution.

We offer a full range of solutions, including treasury services, capital markets solutions, safekeeping and
securities services, credit, and global products to respond to your unique needs and help you succeed.

Look to J.P. Morgan to:

 Implement dynamic ideas to help you streamline operations, improve efficiency and increase
profitability
 Remain agile through products and services that adapt to the rapidly changing banking
environment
Depository Services - J.P. Morgan is one of the leading check clearing banks in the United States,
serving major financial institutions with around-the-clock processing at 16 sites located around the
country.
Liquidity Solutions - whether you spend too much time calculating your daily cash position to cover
operating expenses or scrambling to meet end-of-day fed funds deadlines, Chase has solutions to help.

Global Services - solutions for Financial Institutions allow you to leverage J.P. Morgan's global
infrastructure and expertise in doing business globally, freeing your firm's resources to focus on core
competencies.

Additional Solutions - benefit from technologies that support enterprisewide document management
and commercial card programs that minimize rising procurement and T&E costs by providing the tools to
improve supplier relations, identify cost-saving opportunities and manage budgets more efficiently.

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History
We're proud of our history. Justifiably so because our past is full of memorable dates.
Our roots stretch back to 1799 with the creation of the Bank of the Manhattan Company. J.P. Morgan &
Co. was founded in New York in 1871 as Drexel, Morgan & Co. by Philadelphia banker Anthony Drexel
and J. Pierpont Morgan, a historical figure in business. 

We've never been a purely U.S. bank, either. Our roots in Europe go back to 1838 and we've been in Asia
since 1872. 

In 1901 we created the world's first billion-dollar corporation. In 1907 we saved several trust companies
and a leading brokerage house from insolvency, bailed out New York City and rescued the New York
Stock Exchange.

A history of innovation 
As with so much else, we did it first, and we still do it better. Take "relationship banking," for example.
Today, it's a phrase used all over. But when J. Pierpont Morgan first uttered it, it was nothing short of
revolutionary. The means may have changed, but it's a principle that still underpins our business even
now. 

Among other highlights, we were the first bank to pioneer the idea of American Depository Receipts
(ADRs) in the early 20th century – allowing Americans to invest in foreign securities directly on American
exchanges. 

Of course, tradition by itself is worth next to nothing. Ours is an illustrious history. We see our heritage as
providing a rich inheritance of resources. We're naturally very careful about how we invest them and
whom we pass them onto.

Building a financial powerhouse 

In July 2004, the merger of two powerful and globally renowned institutions, JPMorgan Chase & Co and
Bank One, created one of the world's most dominant financial service corporations. And as the 2008
acquisitions of Bear Stearns and Washington Mutual illustrates, J.P. Morgan continues to demonstrate
market leadership.

Firm-wide, we now have top-tier positions in both wholesale and retail banking, alongside a more
balanced earnings stream, greater scale and financial strength. Our mission now is a simple one: to be
the best financial services company in the world. We know we can do it. In this, we're certainly inspired by
our history. But we're more excited by the future.

Learn more about our history in the Asia Pacific region.  

Operating Cash Flow - OCF

What Does Operating Cash Flow - OCF Mean?

The cash generated from the operations of a company, generally defined as revenues less all operating
expenses, but calculated through a series of adjustments to net income. The OCF can be found on the
statement of cash flows.

Also known as "cash flow provided by operations" or "cash flow from operating activities".

One method of calculated OCF is:

Investopedia explains Operating Cash Flow - OCF

Operating cash flow is the cash that a company generates through running its business. 

It's arguably a better measure of a business's profits than earnings because a company can show positive
net earnings (on the income statement) and still not be able to pay its debts. It's cash flow that pays the
bills!

You can also use OCF as a check on the quality of a company's earnings. If a firm reports record
earnings but negative cash, it may be using aggressive accounting techniques.

T&SS International Core Cash Operations

JPMorgan Chase ( Manila) 

Title: T&SS International Core Cash Operations - Team Member - In Country Treasury
Services Location: PHL-Manila-Manila 1. Roles & Responsibilities SUMMARY: Transaction
processing across a number of EMEA branches, including Private Label processing. To
include FTS & RPS processing, SSR reconciliation & investigation MAJOR FUNCTIONS: * To
undertake various processing functions within the uni...

65 days ago from JPMorgan Chase

T&SS Global Electronic Cash Operations - USD Clearing Electronic

Processing- Asst. Vice President
   - new

Process Overview: USD Clearing Electronic Processing This function is responsible for the
day-to-day processing, advising, message handling, reformatting and validation of
electronic payment and deposit requests. Over 97% of the transactions that are processed
through the USD GECO processing application (GFP) arrive in a straight through format,
requiring no manual intervention in order to effect completion.  Items that do not go through
the settlement engine via STP, due to improper or incomplete formatting, fall to various
"repair" queues. Qualified administrators provide the necessary information in order to
complete this initial phase of the transaction settlement cycle. Settlement channels include
Swift, the Federal Reserve Bank or the Clearing House Job Description: The candidate will
have to manage a team of 40-50 staff members providing service and clearing services in a
24 X 5 environment, supporting Global Core Cash Operations encompassing Asia, EMEA
and WHEM regions.  The candidate will have a direct reporting line into the Vice President -
GECO and will be directly responsible for his/her teams performance, including transaction
processing, client service and database controls.  The candidate will be responsible for
understanding the key metrics and risk components within drive each LOB and manage the
team to meet the financial goals and objectives put forth by these LOB's, while partnering
globally with the regions where the business operations are located.  The candidate will be
responsible for maintaining staff and budget requirements. Responsible for meeting client
deliverables with a high level of timeliness and accuracy.Develop an environment of
continuous focus on quantifiable productivity and quality.Constant and regular review of
processes and performance with focus on improving departmental competency /
performance rating.Regular reviews of procedures assuring new processes are
documented.Identify business knowledge gaps and ensure everyone has ownership of
deliverablesInteract with global location managers in an effective and professional
manner. Monitors all relevant Management Information System data ensuring all issues
have been resolved expediently.Constant and regular review for direct reports.  Set
expectations with direct reports, regarding positive motivation and leading through
accountability. Develop and lead a team that is responsive to dynamic organizational and
operational changesResponsible for overall Performance Management and Talent Review
process. Graduate of any Bachelor's degree preferredPreferably with a minimum of 7 years
of work experience in a financial institution.Should have the experience of managing a team
of over 40-50 employees.Working knowledge of various aspects of International Payment
Processing Operations.Working/Expert Knowledge of SWIFTS & international payment
conventions & practices is a must.Strong Interpersonal skills to be able to communicate
internally & externally and at all levels.Excellent written & oral communication skills in
English.Proven leadership and people management skills.Proven ability to build strong
business relationships within the site and across the business. A proactive approach to
problem solving, taking ownership of issues and having the determination to follow through.
Escalate issues as appropriate.Ability to use creative problem solving techniques to solve
business issues. Strong PC, project management, and analytical skills. Experience of
working / partnering with Risk, Audit and Compliance to ensure that the overall
organizational objectives are met.Project Management/ Implementation experience would
be a plus. ~