Intro Marketing Language:
Join JP Morgan Chase as a Trading Services Associate and become a key player in our dynamic trading operations team. You'll have the opportunity to work in a fast-paced environment, collaborating with talented professionals who are committed to excellence and innovation. This role offers a platform for career growth and development, where your contributions will be valued and recognized. Be part of a team that drives success and makes a difference in the financial industry.
Job Summary:
As a Trading Services Associate, you will play a crucial role in ensuring the accuracy and efficiency of our trading operations. You will be responsible for capturing all transactions accurately, performing reconciliation checks, and maintaining robust controls. Working closely with various operations and infrastructure teams, you will support a seamless trading process and contribute to strategic initiatives. Your strong analytical skills, attention to detail, and ability to work under pressure will be essential in this role. Join us to leverage your expertise in derivatives and trading structures, and make a significant impact on our trading services.
Job 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. Communicate clearly and concisely 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.Required Qualifications, Capabilities, and Skills:
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.Preferred Qualifications, Capabilities, and Skills:
Experience in a similar role within a financial institution. Familiarity with regulatory requirements and compliance in trading operations. Advanced Excel skills, including VBA programming. Experience with risk management systems and trading platforms.