Job Description
Intro Marketing Language:
Join JP Morgan Chase as a Trading Services Associate and become a key player in our dynamic trading operations team. You'll have the opportunity to work in a fast-paced environment, collaborating with talented professionals who are committed to excellence and innovation. This role offers a platform for career growth and development, where your contributions will be valued and recognized. Be part of a team that drives success and makes a difference in the financial industry.
Job Summary:
As a Trading Services Associate, you will play a crucial role in ensuring the accuracy and efficiency of our trading operations. You will be responsible for capturing all transactions accurately, performing reconciliation checks, and maintaining robust controls. Working closely with various operations and infrastructure teams, you will support a seamless trading process and contribute to strategic initiatives. Your strong analytical skills, attention to detail, and ability to work under pressure will be essential in this role. Join us to leverage your expertise in derivatives and trading structures, and make a significant impact on our trading services.
Job Responsibilities:
- Timely and accurate capture of all transactions in the Risk Management Systems.
- Complete intraday/end of day processes including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been processed accurately.
- Work closely with Operations functions and infrastructure groups to support a 'one team approach'.
- Ensure all controls are diligently performed, completed, and signed off on a timely basis.
- Communicate clearly and concisely with all support teams to ensure the timely and efficient resolution of queries.
- Participate and contribute to the various strategic initiatives; keep improving and evolving processes and business architecture.
- Build an in-depth understanding of all trading structures from both a financial and operational perspective.
Required Qualifications, Capabilities, and Skills:
- Understand all relevant derivatives and hedging products (Interest Rate Swaps, Basis Swaps, Cross Currency swaps, Forward Rate Agreement (FRA), Foreign Exchange (FX), Zero Coupon and Overnight Index Swaps (OIS), Bond and Futures).
- Knowledge of the front to back Operations process (including the key elements such as confirmations, settlements, and regulatory reporting) and facilitate issue resolution across teams.
- Understand the key elements of other infrastructure groups (i.e., Finance, Market risk, Credit risk, Operational risk, Legal, Collateral, etc.) and recognize the impact of the actions of the Trade support team on these areas.
- Must have clear communication skills and an ability to use these to work collaboratively, explain, and challenge, as appropriate.
- Attention to details and sense of ownership.
- Great team player able to work in a pressurized and changing environment.
- Possess strong analytical and numerical skills.
- Strong problem-solving, control, and project management skills.
Preferred Qualifications, Capabilities, and Skills:
- Experience in a similar role within a financial institution.
- Familiarity with regulatory requirements and compliance in trading operations.
- Advanced Excel skills, including VBA programming.
- Experience with risk management systems and trading platforms.
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.
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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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