Job Description
If Special Purpose Vehicle is one of your expertise - this role is for you!
As a Trade Support Special Purpose Vehicle Associate within our dynamic team, you will be responsible for coordinating and facilitating the seamless settlement of various SPV deals. Your role will involve providing operational and administrative support to the SPVs that are part of the Repackaging Programmes. You will liaise with senior internal stakeholders, internal and external legal counsel, and operational support teams, as well as external service providers like the Paying Agent, Custodian, Trustee, and Corporate Administrators appointed by the SPVs. This role offers a comprehensive view of the issuance process from start to finish.
Job responsibilities
- Performs daily tasks including reconciliation of SPV cash balances, monitoring corporate actions and lifecycle events
- Co-ordinates new issuances and provides operational support from trade date till settlement date
- Understands all KPIs and exceptions to ensure timely resolution and escalation
- Works on new business and technological initiatives
- Ensures the smooth settlement of a variety of SPV Repackaging trades through coordination with each of the various teams involved
- Acts as the primary point person for the various service providers including Paying Agent, Custodian, Corporate Administrators and Trustee on each deal, ensuring that all parties are informed of the deal and all appropriate instructions for settlement for each deal are in place
- Manages and maintains accurate records for all issuances
- Performs cost reviews and analysis where required and other ad hoc project work
Required qualifications, capabilities, and skills
- Knowledge of complex transaction management/SPVs/repackaging
- Excellent time management and organizational skills - the ability to multi-task effectively
- Pro-active approach to problem solving; root cause analysis, identifying solutions and taking ownership of these through to resolution
- 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
Preferred qualifications, capabilities, and skills
- Strong technical skills, especially in Excel VBA
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.
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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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