Job Description
Join the Prime Finance Trading Services Team and develop you career at J.P. Morgan!
As a Trading Services Associate/Senior Associate in the Prime Finance Trading Services team, you will be responsible for ensuring that all trades executed are entered completely and accurately into the Risk Management systems and liaising with various other teams on issues related to Cash Equity trades: e.g. Product Control, Sales, Sales Support, Cash and Derivative Settlements, Client Services, Reconciliations, Technology, Business Management.
Job responsibilities
- Performs core start-of-day and end-of-day controls to ensure Risk is correctly represented for Front Office
- Manages daily of trade life cycle events (expiries, dividends, corporate actions, etc.)
- Ensures all trade capture and reporting exceptions are verified, cleared and escalated appropriately in a timely manner
- Liaises with various other Front Office, Middle Office and Back Office Teams on issues related to Cash Equity trades
- Performs continuous improvement of the pre and post trade controls environment
- Maximizes trade processing STP (Straight-through processing ) through tactical problem solving and root cause analysis
- Produces analysis for the trading desks and senior management
- Provides input into core projects including; industry-wide initiatives, regulatory, trading strategy, operational programs
Required qualifications, capabilities, and skills
- Strong security and derivative products knowledge
- Operational experience
- Sound understanding of Equity Swaps, Cash Equities, Derivative products, trading workflows and corporate actions
- Experience in supporting Trading Desks in Prime/ Hedge Fund business
- Familiarity of various risk management systems and an advanced MS Excel skills
- Strong PC Skills : in particular Excel, Word and PowerPoint
- Excellent Analytical skills
- Excellent oral and written communication and presentation skills
- Confidence to communicate with senior managers effectively
- Strong problem-solving skills
- Strong work ethic and the ability to adapt to different business needs
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.