As a Trading Services Associate, you'll be responsible for understanding trading structures to accurately capture all transactions, complete reconciliation checks, and ensure controls are performed.
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
- Clear and concise communication 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
This role requires a wide variety of strengths and capabilities, including:
- 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
- Strong technical skills, especially in Excel (VBA is a plus)
Skills Required
- Understanding of derivatives and hedging products (Interest Rate Swaps, Basis Swaps, Cross Currency swaps, FRA, FX, OIS, Bonds, Futures)
- Knowledge of front-to-back operations including confirmations, settlements, and regulatory reporting
- Ability to complete intraday and end-of-day reconciliation and completeness checks
- Understanding impact of trade support actions on Finance, Market Risk, Credit Risk, Operational Risk, Legal, Collateral
- Clear and concise communication skills to collaborate and resolve queries
- Attention to detail and strong sense of ownership
- Ability to work as a team player in a high-pressure, changing environment
- Strong analytical and numerical skills
- Strong problem solving, control, and project management skills
- Strong technical skills, especially in Excel
- VBA programming experience
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 broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
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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