JPMorgan Chase
Job title:
EMEA Linear Rates Trade Support Associate
Company
JPMorgan Chase
Job description
Job Description:
If trading services is area of your interest- check out this new opportunity in J.P.Morgan!
As a EMEA Linear Rates Trade Support Analyst in EMEA Linear Rates Trade Support team, you will interact with a variety of business partners (Accounting, Finance, Front Office, Marketers, Credit, Settlements, Confirms, and Technology) in order to manage the operations front to back. The ability to communicate complex matters in a clear and concise manner is essential whether dealing with the Front Office or with other support groups.
The EMEA Linear Rates Trade Support provides operational supports to the EMEA Rates Swaps Trading Business covering trading desks dealing in G10 currencies. The team is responsible for all aspects of trade management, from trade inception and maintenance to expiry, giving a good all-round view of the trade lifecycle. We provide full and dedicated support service to the business and maintain a high degree of control across all aspects of the process.
Job responsibilities
- Captures of all transactions in the Risk Management Systems in a timely and accurate manner
- Completes Intraday / EOD (end of day) processes including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been processed accurately
- Works closely with Operations functions and infrastructure groups to support a ‘one team approach
- Ensures all controls are diligently performed, completed, and signed off on a timely basis
- Keeps clear and concise communication with Front Office and all support teams to ensure the timely and efficient resolution of queries
- Participates and contributes to the various strategic initiatives
- Keeps improving & evolving processes & business architecture
- Builds an in depth understanding of all trading structures from both a financial and operational perspective
Required qualifications, capabilities, and skills
- Understands all relevant derivatives and hedging products booked into the bank’s core Risk Management System. The products covered are Interest Rate Swaps, Basis Swaps, Cross Currency swaps, Forward Rate Agreement (FRA), Foreign Exchange (FX), Zero Coupon and Overnight Index Swaps (OIS), Bond and Futures
- Has a good knowledge of the front to back Operations process (including the key elements such as confirmations, settlements, Reg reporting) and facilitate issue resolution across teams
- Understands the key elements of other infrastructure groups i.e., Finance, Market risk, Credit risk, Operational risk, Legal, Collateral etc. and recognise the impact of the actions of the Trade support team on these areas
- Must have clear communication skills, and an ability to use these to work collaboratively, explain and challenge as appropriate
- Pays attention to details and sense of ownership
- Great team player able to work in a pressurized and changing environment
- Possess strong analytical & numerical skills
- Possess strong technical skills, especially in Excel (VBA is a plus)
- Problem Solving: developing and implementing solutions to often complex workflow issues
- Understands and implements the control framework to mitigate risks through the transaction cycle
- Project Management: delivering tactical and strategic systems/process solutions
About Us: J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
About the Team:
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.
Expected salary
Location
London
Job date
Fri, 16 Feb 2024 06:19:38 GMT
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