This position plays a crucial role in ensuring a smooth day-to-day and end-to-end settlement of Currencies and Emerging Markets' (CEM) transactions, while maintaining a highest standard of efficiency, compliance with the local Regulation, and customer satisfaction.
As a CEM Operations Analyst within the Philippines Operations team, you will be responsible in ensuring timely settlement of CEM products such as foreign exchange, fixed income, and derivatives product trades. You will also monitor risk exposure, and contribute to the overall success of Philippines CEM Operations team.
Job responsibilities:
- Confirm and settle Currency and Emerging Markets trades in a timely manner.
- Liaise with Bankers, CEM Sales and counterparties to resolve discrepancies.
- Reconcile and coordinate daily cash movements to Cash Management and Treasury Team.
- Perform daily reconciliation and investigations of Nostro and Wash Breaks.
- Implement risk mitigation strategies and work closely with other line of business.
- Perform sanction screening of FX documents and ensure that these are in compliance with the local regulatory requirements.
- Stay abreast of Regulatory changes affecting currencies and emerging Markets.
- Ensure compliance with relevant regulations and internal policies.
- Identify areas for enhancement, drive automation and process efficiencies.
- Perform regular and annual review to update and revise SOPs
- Work closely with trading desks, risk management, finance, and other departments to ensure seamless operations.
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Required qualifications, capabilities, and skills:
- Ability of identify opportunities and promptly initiate action and escalate potential risks to minimize loss.
- Willingness to take ownership and responsibility to accomplish goals.
- Commitment to providing high standards of quality deliverable.
- Ability to communicate proactively and openly with internal business partners.
- Demonstrate ability to manage change.
- Adaptability in maintaining standards and adjusting effectively to work within new work structures, processes or requirements.
- Excellent written and oral communication skills.
Preferred qualifications, capabilities, and skills:
- Knowledge and deep understanding of the local Regulations is an advantage.
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.