Prime Finance Services House Operations has a global footprint across 3 locations globally manages JPM in-house Trading Operations. The team works closely with the trading desks on day to day basis on identifying possible breaks arising out of Trade, Position, Nostros & P&L between Risk and Internal Systems to mitigate any risk arising to the firm. Team works on stringent market based timelines covering Asia and EMEA F&O JPM inhouse Trading business. The team works very close with Business and traders to ensure seamless trading across F&O products and meet client/ market bespoke and controls to mitigate any exposures to the firm mitigating risk/ exposures through trading. The team also drives innovation, transformation and change management across industry initiatives, strategic programs both internally and externally.
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Job Responsibilities
- Performs Trade, Position and P&L Reconciliation of Risk systems vs. internal books
- Executes Nostro Reconciliations for Cash Movements i.e. Margin movements, fees and Commissions at Entity & CCY Levels
- Coordinates with Trading desks, Middle Offices , Risk & Tech on regular basis on daily discrepancies
- Reviews and checks the accuracy of daily Reconciliations performed by the team
- Completes Daily Funding and checks pertaining to Payments and OFAC
- Ensures the team completes all mandatory trainings and adheres to all controls
- Ensures that all issues are investigated and resolved in a timely manner as per Business Standards
Required qualifications, capabilities, and skills
- Understanding of Future & Options products
- Strong on Communication to build strong relationships across Traders and Business
- Ability to analyze and comprehend issues for resolution
- Query Management and Reporting/ Analytical Skills
- Bachelor's degree in Finance/ Commerce/ Operations/ Investment banking.
- Experience in Operations in Investment Banking/ Financial services firms interacting with senior/demanding internal clients
- Problem solver with the ability to assist in the development of solutions for clients and strategic thinker, able to review and implement process improvements.
- High level of accuracy and attention to detail is required and highly numerate with good keyboard and core system (Outlook, Excel, Word) skills.
- Ability to adhere to strict deadlines/procedures and work in a methodical and organized manner
- Strong Risk and Control Awareness - with the ability to push back on stakeholders when risk/controls could be compromised.
- Dynamic & proactive team player, ensuring that the team works together in the most efficient manner.
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 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.