Margin&Collateral Associate

Posted 2 Days Ago
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Mumbai, Maharashtra
Hybrid
7+ Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Senior Associate in Collateral Operations, you'll manage portfolio reconciliation, margin call management, and enforce regulatory compliance. You'll oversee exceptions, supervisory controls, and support strategic automation projects while interacting with various teams across the organization.
Summary Generated by Built In

Job Description
As a Senior Associate in Collateral Operations, you will be responsible for Portfolio reconciliation, Margin call management, Regulatory adherence for all upcoming regulations, cross LOBs metrics and projects. Additionally, you will be building the culture of continuous improvement supporting business across Back Office, Middle offices as well as Global teams. You will be interacting with multiple Operations & Technology teams within the organization to provide business support.
Job Responsibilities

  • Manage Portfolio Reconciliation and Collateral Dispute.
  • Manage daily Margin Exchange - Same day Settlement and Exception management.
  • Perform supervisory controls around Collateral exposure.
  • Supervise MTM breaks including data quality and strategic projects. Partner with Middle Offices, Credit risk, VCG, etc.
  • Focus on deep dive and fixing on upstream issues to keep the breaks to minimum.
  • Play a key role in regulatory compliance CFTC, EMIR, NCMR, etc.
  • Improve controls in the process & ensure 100% accuracy and compliance to Regulatory rules.
  • Manage any new analysis requirements across multiple stakeholders. Provide regular update to senior management on BAU, projects, etc.
  • Supervise UAT testing.
  • Manage strategic automation projects.


Required qualifications, capabilities and skills

  • MBA with 8 years / Graduate or Post-Graduate with 10 years' experience in operations.
  • Familiarity with a global bank's process & operational environment including management and external reporting is a must. Strong business knowledge i.e. Investment Banking, including OTC product, process and system knowledge.
  • Ability to think and act strategically: Deal with day-to-day issues as well as planning and executing projects / initiatives, ensuring the team's activities support Operations in attaining its strategic goals, excellent attention to detail, and an ability to know when a deep-dive approach is appropriate.
  • Ability to drive results through a \"hands-on\" approach.
  • Skilled in identifying talent, recruiting, coaching, mentoring, and developing team members
  • Ability to manage a team of high achievers with diverse experience and skill sets. Successful in team environments with matrix reporting structures.
  • Excellent verbal and written communication skills, and adapt at communicating with all levels of the business and technical parts of the organization.
  • Skilled in MS office applications including Outlook, PowerPoint, Excel, Word, Access and Project.
  • Can operate effectively in a dynamic environment with tight deadlines, and can prioritize one's own and team's work to achieve them.
  • Flexibility to work global hours and willing to travel globally, if needed.


Preferred qualifications, capabilities and skills

  • Knowledge on CFTC, EMIR, NCMR regulations preferable.
  • Experience on OTC Confirmations will be an advantage.


About Us
JPMorgan Chase & Co., 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.

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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