DESCRIPTION:
Duties: Manage the futures and derivatives clearing operations team, ensuring precise trade capture, allocation, and reconciliation across exchanges, clients, and clearing houses such as CME Group, ICE, and OCC. Ensure the timely completion, review, and sign-off of all operational controls, while maintaining strict compliance with CFTC, NFA, and relevant exchange regulations. Lead and manage market-specific clearing projects, driving initiatives that focus on innovation, operational efficiency, and the exploration of new business opportunities. Identify and implement process improvements across trade and client workflows, collaborating with internal stakeholders including front office, trading desks, technology, compliance, legal, and other operations teams. Address and resolve client escalations and ad hoc inquiries from clients, legal, compliance, and audit functions. Supervise daily team activities, including workload distribution, performance feedback, personnel actions, and cross-training initiatives.
QUALIFICATIONS:
Minimum education and experience required: Bachelor's degree in Business Administration, Business Management, or related field of study plus seven (7) years of experience in the job offered or as Trading Services Manager, Associate/Transaction Processing Manager, or related occupation. The employer will alternatively accept a Master's Degree in Business Administration, Business Management, or related field of study plus five (5) years of experience in the job offered or as Trading Services Manager, Associate/Transaction Processing Manager, or related occupation.
Skills Required: This position requires five (5) years of experience with the following: executing post-trade workflows using exchange-traded derivatives. This position requires any amount of experience with the following: applying CFTC, NFA, and exchange rules in operational workflows; operating exchange-specific user interfaces including CME FEC, ICE FEC, and OCC Encore; operating Fidelity Investor Services applications including ClearVision, FIS Cleared Derivatives, and Global Market Interface; Streamlining workflows, automating processes, and implementing controls to review KPIs and SOPs; developing and enhancing exchange reconciliations using Alteryx workflows.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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. In addition, please visit: https://careers.jpmorgan.com/us/en/about-us.
Job Location: 10 South Dearborn St, Chicago, IL 60603.
Full-Time. Salary: $138,599 - $163,000 per year.
About UsWe 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
Skills Required
- Bachelor's degree in Business Administration, Business Management, or related field plus seven (7) years of relevant experience (or Master's plus five (5) years).
- Five (5) years' experience executing post-trade workflows for exchange-traded derivatives.
- Experience applying CFTC, NFA, and relevant exchange rules in operational workflows (any amount required).
- Experience operating exchange-specific user interfaces including CME FEC, ICE FEC, and OCC Encore (any amount required).
- Experience with Fidelity Investor Services applications: ClearVision, FIS Cleared Derivatives, and Global Market Interface (any amount required).
- Experience streamlining workflows, automating processes, and implementing controls to review KPIs and SOPs.
- Experience developing and enhancing exchange reconciliations using Alteryx workflows.
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.
-
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.
-
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.
-
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.
Gallery
