Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in the Credit Derivatives Middle Office team
Job Summary
- As a Trading Services Associate, you'll be responsible for Trading and Sales Middle office operations to accurately capture all transactions, complete reconciliation checks, and ensure controls are performed for Credit Derivatives business
- In your role you will work very closely with the local & primary Middle office teams, traders, trader assistants, PNL, Finance, Tech and OCMs
Job responsibilities
- Timely and accurate capture of all transactions in the Risk Management Systems
- Complete intraday / end-of-day processes including completeness and workflow checks to ensure capture of accurate trade risk
- Investigating trade break queries raised by Operations, analyzing trade booking /recaps, amending trades in risk management & working with Front Office to assess PNL impact
- Work closely with various operations functions across Middle office and back office to ensure resolution of exceptions
- Ensure strong communication with front office and counterparties to address trade mismatches
- Ensure clear and concise communication with all support teams to ensure the timely and efficient resolution of queries
- Ensure all controls are diligently performed and completed on a timely manner
- Ensure accurate trade risk capture and affirmation with respective counterparties to address process risk
- Ensure accurate capture, validation and flow of trade instructions to market for settlement
- Participate and contribute to the various strategic initiatives; keep improving and evolving processes and business architecture
- Build an in-depth understanding of the trade flow to refine the process and enhance STP
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Required qualifications, capabilities, and skills
- Graduate / post graduate, preferably in commerce or finance stream
- Minimum 7 years experience in Global Capital Markets domain, preferably in a Derivative Operations (Middle Office / Back Office) role
- Knowledge of the front to back operations, trade life cycle (including the key elements such as booking, confirmations, settlements, etc) to facilitate issue resolution across teams
- Must have clear communication skills and an ability to use these to work collaboratively, explain, and challenge, as appropriate
- Strong problem-solving skills with control focus and Attention to detail and sense of ownership
- Ability to multitask in a dynamic fast paced environment
- Strong team player and ability to work in a pressurized and changing environment
- Possess strong analytical and numerical skills and should be flexibility to work global hours and willing to travel
- Good understanding of Fixed Income and Credit Derivatives products
Preferred qualifications, capabilities, and skills
- Exposure to Lean / Six Sigma methodologies
- Track record of process improvement initiatives
- Exposure to automation tools like Excel macros, Alteryx, UI Path
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
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.