Make your mark in a fast-paced operations team supporting trading expense management across products and markets. You’ll help deliver timely, controlled processing for fees, brokerage, and invoice activity while partnering closely with technology, finance, and business stakeholders. This role offers opportunities to deepen your reconciliation and risk-and-control skillset, drive continuous improvement, and contribute to stronger end-to-end execution. Bring your attention to detail, analytical mindset, and ownership to a team that values quality, collaboration, and practical problem-solving.
As an Operations Associate in Cost and Commission Services, you will support end-to-end invoice management and clearing-related reconciliations to help ensure accurate allocation, timely payments, and complete books-and-records integrity. You will investigate exceptions, resolve breaks to closure, and escalate issues appropriately to help maintain a strong control environment. You will partner with colleagues across operations, product control, and technology to improve processes and reporting. You will also contribute to management information routines that provide transparency into key risks, breaks, and processing performance.
Job responsibilities- Maintain daily books-and-records reconciliations for clearing activities, including incoming and outgoing funds balancing
- Process payments to counterparties and broker-dealers in line with timelines and controls
- Report abnormal trade activity to appropriate stakeholders in line with documented procedures and applicable regulatory expectations (e.g., New York Stock Exchange requirements)
- Balance legal-entity activity within the books-and-records processing stream
- Reconcile omnibus and suspense accounts and resolve breaks to closure
- Perform bank reconciliations and international product reconciliations, including monitoring aged and high-risk items
- Reconcile intercompany trading accounts and monitor allocation of data processing charges
- Reconcile delivery-versus-payment (DVP) balances and Continuous Net Settlement (CNS) omnibus activity, investigating settlement exceptions
- Manage invoice lifecycle activities for trading-related fees (e.g., Electronic Communication Network invoices and securities transaction fees), including analysis, accruals, allocations, and payment
- Reconcile cash movement across omnibus accounts and suspense accounts (U.S. and foreign currencies), including journal and bank-account balancing
- Process Clearing Member Trade Agreement (CMTA) commission receipt/payment activity and related receivable/payable reconciliations, including stock loan/borrow income and expense booking and system-to-books reconciliations
- Demonstrated experience supporting clearing-related books-and-records maintenance, including balancing incoming and outgoing funds
- Proven ability to reconcile omnibus and suspense accounts and resolve breaks to closure
- Working knowledge of bank reconciliations and international product reconciliations, including monitoring aged items and exceptions
- Experience executing payments to counterparties and broker-dealers with strong attention to accuracy and deadlines
- Ability to reconcile delivery-versus-payment (DVP) balances and investigate settlement-related exceptions
- Experience managing fee and invoice processing from analysis through payment (including accruals and allocations)
- Working knowledge of regulatory fee processing controls (e.g., securities transaction fees) and related documentation requirements
- Ability to identify, document, and escalate abnormal activity in line with defined procedures and governance expectations
- Experience preparing and posting journal entries and performing basic operational accounting tasks (income/expense booking and cash movement reconciliation)
- Strong analytical and problem-solving skills, including root-cause analysis and clear written documentation
- Proficiency in Microsoft Excel (e.g., pivot tables, lookups, reconciliations, and data validation) and PowerPoint for management reporting
- Experience with Continuous Net Settlement (CNS) omnibus reconciliations and clearing exception management
- Experience processing Electronic Communication Network (ECN) invoices and other market/brokerage fee structures
- Experience supporting stock loan/borrow income and expense booking and related receivable/payable reconciliations
- Experience with Clearing Member Trade Agreement (CMTA) commission receipt/payment processing and reconciliation
- Familiarity investigating Nostro account and securities position breaks in prime brokerage or clearing environments
- Experience reconciling data across portfolio management systems or vendor platforms (e.g., Geneva) against internal books and records
- Experience driving process improvements, control enhancements, or automation/reporting initiatives within operations
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.
Skills Required
- Experience supporting clearing-related books-and-records maintenance, including balancing incoming and outgoing funds
- Ability to reconcile omnibus and suspense accounts and resolve breaks to closure
- Working knowledge of bank reconciliations and international product reconciliations, including monitoring aged items and exceptions
- Experience executing payments to counterparties and broker-dealers with strong attention to accuracy and deadlines
- Ability to reconcile delivery-versus-payment (DVP) balances and investigate settlement-related exceptions
- Experience managing fee and invoice processing from analysis through payment (including accruals and allocations)
- Working knowledge of regulatory fee processing controls (e.g., securities transaction fees) and related documentation requirements
- Ability to identify, document, and escalate abnormal activity in line with defined procedures and governance expectations
- Experience preparing and posting journal entries and performing basic operational accounting tasks (income/expense booking and cash movement reconciliation)
- Strong analytical and problem-solving skills, including root-cause analysis and clear written documentation
- Proficiency in Microsoft Excel (pivot tables, lookups, reconciliations, data validation)
- Proficiency in Microsoft PowerPoint for management reporting
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental health coverage are comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
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Retirement Support — A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
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Leave & Time Off Breadth — Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.
JPMorganChase Insights
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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