Trade Support at JPMC Candidate Experience page

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

19 Oct, 26

Salary

131000.0

Posted On

21 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Derivatives Knowledge, Hedging Products, Reconciliation, Risk Management Systems, Excel, VBA, Analytical Skills, Numerical Skills, Problem Solving, Project Management, Communication Skills, Attention to Detail, Operational Risk, Market Risk, Credit Risk, Regulatory Reporting

Industry

Financial Services

Description

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, 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) 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 [https://careers.jpmorgan.com/us/en/how-we-hire/faqs] for more information about requesting an accommodation. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans 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.

Responsibilities

The role involves accurately capturing trading transactions in Risk Management Systems and performing reconciliation checks. It also requires collaborating with operations and infrastructure groups to ensure all controls are diligently performed and signed off.