Are you looking to launch your career in financial operations? Join a team where your attention to detail and commitment to excellence help support institutional clients in the dynamic world of cash equity settlements. At JPMorgan, you'll work alongside experienced professionals, gain valuable industry knowledge, and contribute to a collaborative environment. This is your opportunity to grow and make an impact in a global financial institution.
As a Junior Cash Equity Settlement staff member in the Equity Operations team, you play a vital role in supporting international and domestic institutional client transactions. You will be part of a team that manages client account setup, trade allocation, confirmation, and settlement processes for cash equity and securities borrowing and lending (SBL) intermediary business. Working with us, you'll develop your skills and contribute to the smooth operation of our brokerage business.
Job Responsibilities
- Manage the end-to-end process of cash equity settlement for institutional clients
- Set up trading accounts and ensure accurate client onboarding
- Confirm trades and perform settlement pre-matching and follow-up activities
- Monitor T+2 settlement cycles and follow up on failed trades
- Handle document management, including account opening packages
- Prepare and submit daily and monthly local regulatory reports
- Support allocation and confirmation processes for cash equity and SBL intermediary business
- Collaborate with team members to ensure timely and accurate settlements
- Maintain high standards of risk management and control throughout all processes
Required Qualifications, Capabilities, and Skills
- Bachelor's degree
- Up to 2 years of relevant experience; fresh graduates are welcome
- Demonstrate strong communication skills in English and Korean, both written and verbal
- Apply basic financial knowledge in daily operations
- Work effectively as part of a team and maintain a positive attitude
- Perform under pressure and manage multiple tasks efficiently
- Exhibit a strong risk and control mindset
- Display high standards of personal integrity
- Communicate and influence effectively with stakeholders
- Organize tasks and show willingness to take initiative
Preferred Qualifications, Capabilities, and Skills
- Bring experience in cash equity settlement or related financial operations
- Demonstrate familiarity with local regulatory reporting requirements
- Show proficiency in document management and account onboarding processes
- Display adaptability to changing business needs
- Exhibit experience working in a global financial institution
- Demonstrate strong problem-solving skills
- Possess advanced organizational and time management abilities
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.
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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