Buenos Aires is one of JP Morgan's key strategic hubs with over 3,500 employees supporting different areas like Operations, Technology, Finance, Credit Risk, Human Resources, Legal... among others, providing value-added services, products and solutions to our clients located in various countries around the world.
Payables and Receivables Team is responsible for collecting/paying funds on the post settlements period once Bloomberg updates the Coupon/Factor and becomes final. The difference between the actual settlement amount of the trade in question and the amount that Bloomberg states needs to be wired/SPO vs the counterparty.
Job Responsibilities:
In Buenos Aires the Payables and Receivables team is responsible for:
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- Oral and written communication with external and internal clients to get the trades in line.
- Pay/Receive SPO (Security Payment order) or via Wire due to factor/coupon updates, also cash differences after there are cxl and Rbl Trades.
- Daily review of cash reconciliation- Responsible for reviewing cash breaks daily basis.
- Bloomberg tool is used in order to take decisions.
Required Qualifications, Skills and Capabilities:
- Advanced written and oral English skills (used on daily basis with US Management and US counterparties)
- Proficient in Microsoft tools
- Problem-solving skills, facilitate the understanding of the problem and possible solutions.
- Client/customer focus: Be able to assist internal clients and prioritize queries
- Team player
- Attention to details
- Ability to effectively prioritize workloads and work to critical deadlines while maintaining accuracy and quality
- Able to quickly adapt to different scenarios as per the internal client requirements, industry changes and procedures
- Able to deal with deadlines to meet the daily cut offs.
If you join the company, you will be part of a diverse and inclusive team that supports each other and will empower you to do your best work.
Your wellbeing is very important to us. Below you'll find some examples of ongoing initiatives to promote it and a link to learn more about our benefits & culture:
- Home office/flexible work arrangements and work tools to ensure a great experience.
- Generous vacation, exam and parental leave.
- Support for parents, including Family Network that provides support to parents and caregivers, Lactation room on premise, and Paid Day Care for your children up to 6-years-old.
- Medical coverage for you and your family, including domestic partners.
- Employee Assistance Program which provides personal and confidential advisory on psychological, financial and legal matters.
- Wellness programs - e.g. Yoga, stretching and mindfulness classes delivered on premises.
- Language classes, mentorship programs and customized trainings.
- Platform for employee discounts in Buenos Aires.
- Many others that will be presented to you if you join the team.
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
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.