Corporate Investment Banking Operations Analyst - Fixed Income and Money Markets
Join our dynamic Johannesburg team as a Corporate Investment Banking Operations Analyst in Fixed Income and Money Markets. Unlock your potential and make your mark by driving operational efficiency and change within our Corporate Investment Banking Operations team. This is a unique opportunity to collaborate with various areas of the bank, providing business support in a fast-paced and challenging environment. Be at the heart of innovation and career growth, where your expertise will contribute to shaping the future of our operations.
Job Summary:
As a Corporate Investment Banking Operations Analyst within our operations team, you will be tasked with monitoring and assisting the daily settlement process to ensure accurate and timely processing of transactions. Your role will involve collaboration with sales/traders, clients, custodians, and internal teams to maintain a well-controlled and efficient operating model.
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Job Responsibilities:
- Monitor and assist with the daily settlement process.
- Investigate and resolve queries reported by the settlement agent.
- Calculate and verify daily settlement funding requirements.
- Manage and report short positions accurately and on time.
- Prepare and process cash receipts, payments, and journals.
- Reconcile bank accounts daily and resolve nostro outstanding items.
- Perform control reconciliations, including stock/cash positions.
- Support the transaction life cycle, identifying risks and implementing controls.
- Liaise with stakeholders for timely and accurate transaction processing.
- Capture trades in corporate systems and ensure correct risk system capture.
- Identify and execute process improvements and support key initiatives.
Required Qualifications, Capabilities, and Skills
- 5+ years of relevant market experience.
- Proficient Excel skills.
- Strong analytical and numerical skills.
- Good communication skills, both written and verbal.
- Ability to interact effectively with clients, custodians, and settlement authorities.
- Ability to develop and maintain sound working relationships with other areas in the bank.
- Ability to prioritize and coordinate workflows effectively.
- Ability to work well under pressure.
- Attention to detail with a high level of accuracy.
Preferred Qualifications, Capabilities, and Skills:
- B. Comm or similar qualification preferred.
- Qualified JSE Settlement Officer is an advantage.
- Thorough understanding of the trade lifecycle and market conventions for Fixed Income and Money Market products.
- Understanding of international/cross-border Bond settlements via Euroclear is advantageous.
- Cash Management experience is an advantage.
- Good understanding of South African Financial Markets products.
Key Personality Traits:
- Self-starter and self-motivated with initiative.
- Strong team player.
- Innovative.
- Ability to work under pressure.
- Deadline/control oriented.
- Hardworking and fast learner with strength of character.
- Enthusiastic.
- Assumes ownership.
- Client-oriented.
- Leadership qualities.
- Accountable.
This role offers the opportunity to be involved in project work arising from new system implementations, new products, and general improvement and development of processes.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.