Apply today for the opportunity to join an exciting team making impactful change! JPMorgan's Exchange Traded Fund (ETF) Create/Redeem Middle Office is the Authorized Participant to place create/redeem orders on behalf of internal trading desk and prime clients for thousands of ETFs across the street.
As an Exchange Traded Fund (EFT) Trade Support Associate within Global Equities Operations Team , you will be responsible for facilitating front to back Operations processing for the ETF trade lifecycle, from working with traders on booking and trade capture, to overseeing trade settlement with Pre-matching and settlement teams.
Job Responsibilities
- Support order placement for agency and principal create/redeem ETFs with Equity/FI/derivative/Crypto underliers
- Complete intra-day / end of day processes including completeness controls and reconciliation investigation to ensure capture of new trading activity and general book management has been processed accurately.
- Understand the key elements of other infrastructure groups (i.e. P&L Reporting, Financial Control, Settlements & Pre-matching, Purchases and Sales (PnS), among others) and collaborate with them in matters relating to the ETF Create/Redeem businesses.
- Responsible for order placement controls around bookings, trade lifecycle events, and payment infrastructure. Own the investigation of discrepancies and work with Technology, Reference Data, and Middle office counterparts in finding its resolution.
- Facilitation of client and cross-organizational communication, including real time liaising with multiple business lines and groups to accurately identify real time risk issues; must have the ability to work collaboratively, explain, and challenge trading issues as appropriate.
- Participate and contribute to the various strategic initiatives; keep improving and evolving processes and business architecture.
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Required qualifications, capabilities, and skills
- Education: Hold a bachelor's degree in Business, Finance, Economics or similar
- Prior Experience: 2 years in Finance Operations roles.
- Financial Market Knowledge: Understanding of cash equities markets. Basic understanding of ETF lifecycle and plus.
- Trade Operations: Proficiency in trade lifecycle management, including trade capture, settlement and reconciliation.
- Risk Management: Ability to identify and mitigate operational and settlement risks associated with equity trading.
- Problem-solving Skills: Capability to troubleshoot and resolve trade-related issues efficiently under pressure.
- Attention to Detail: Strong focus on accuracy and precision in trade processing.
- Communication Skills: Effective communication with traders and functional partners (Operations, Technology, Finance) to ensure smooth trade processing and exceptions resolution.
- Time Management: Ability to prioritize tasks and manage multiple requests simultaneously in a fast-paced environment.
- Continuous Learning: Willingness to stay updated on industry trends, regulations, and best practices in trade support operations.
- Microsoft Excel Proficiency: Skilled in handling extensive datasets, particularly adept in utilizing advanced formulas and pivot tables.
Work schedule
- This hybrid role requires going into the office three days a week with two days' flexibility to work from home, subject to change
ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.