Trading Services Associate
JPMorgan Chase & Co.
Trading Services Associate
Salary Not Specified
JPMorgan Chase & Co., City of Westminster
- Full time
- Permanent
- Onsite working
Posted 3 weeks ago, 24 Aug | Get your application in now before you miss out!
Closing date: Closing date not specified
job Ref: d1f72f4d903d47cc9eca2bf8bafee5e7
Full Job Description
- Becomes an independent SME (Subject Matter Expert) performing daily trade lifecycling and event management
- Takes ownership of trade capture in risk management systems to fulfill Trading/Sales requests and performs key risk/PnL checks
- Assists in the resolution of a variety of ad hoc queries, coming from key partners in teams such as Product Control, Market Risk, Sales, Structuring, Quantitative Research and Technology
- Complete of start / end of day processes, including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been performed accurately
- Works closely with other business functions to gather appropriate information, form solutions to complex problems and communicate these to the relevant stakeholders
- Ensures all controls are diligently performed on a timely basis, with issues escalated appropriately
- Participates and contributing to various strategic initiatives allowing constant evolution of our processes and business architecture to generate scale, whilst ensuring the Exotics function is aligned with changes to the regulatory framework
- Builds an in-depth understanding of the Exotics space and the underpinning operational framework to bring creative, innovative ideas to the table regarding how we can bring further robustness and visibility across our key controls and procedures
Possesses an understanding of basic derivative products (options, swaps, futures) and simple exotics payoffs (variance swaps, auto-callable options, etc.) - Knowledge of front-to-back operational procedure (including key elements such as legal documentation, economic affirmation, confirmations, settlements, and regulatory reporting) and has experience facilitating issue resolution across teams
- Must have clear communication skills and leverage these to work collaboratively and challenge, as appropriate
- Illustrates an ability to be proactive and take ownership, possessing strong analytical skills and a keen eye for detail
- Great team player, who can work methodically in a high pressure and fast paced environment
- Strategic thinking ability and passion for innovation & change management
- Strong technical skills, especially in Excel & Alteryx is beneficial
Explore an exciting opportunity in Equity Index Exotics Team which supports Trading Desk in London!
Preferred qualifications, capabilities and skills
As a Trading Services Associate in Equity Index Exotics Team, you will be responsible for the completion of daily procedures, controls and providing operational support for 5 desks who trade structured products in over-the-counter and securitised formats., 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.
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.