Corporate & Investment Bank - Prime Financial Services - Treasury Associate - Singapore
Job Description
The Global Clearing business resides within the Global Equities segment of J.P. Morgan's Corporate and Investment Bank. The business provides intermediation and clearing services across listed and OTC derivative products. The unit has a diverse client base, with representation across hedge funds, asset managers, insurance companies, banks and broker-dealers.
As an Associate within the Global Clearing Treasury team, this role is tasked with managing CCP margins, generating NII through investments, advising on client pricing, and managing the firm's balance sheet and capital. The team consists of members based in New York, London, Paris and Singapore.
Job Responsibilities:
- Oversee the liquidity of the business (Cover and optimise CCP Margin requirements, monitor sources and uses of cash and non-cash margin, review currency funding exposure, liquidity buffers and borrowing needs from Corporate Treasury)
- Manage strategy and execution of the team's investments in reverse repos and external bank placements.
- Cover for the management of a securities portfolio held for liquidity management purposes.
- Strategize, develop and implement new initiatives to optimize firm's use of cash and securities margin
- Understand, synthesize and assess all aspects of the team's revenue and costs (including Capital/default fund contributions, corporate allocations, client pricing and investment returns)
- Develop a deep understanding of Central Clearing Counterparty (CCP) and inter-affiliate margin call process and methodology
- Develop and leverage subject matter expertise in CCP rules, risk management practices (i.e., portfolio margining, collateral eligibility) and operational flows
- Build and maintain relationships with key business stakeholders, CCPs and various investment sales teams and desks
- Partner with Product Development and Technology to develop a range of in-flight process improvement initiatives including automation.
Required qualifications, capabilities, and skills
- Bachelor's degree in Finance/Economics or a related field.
- 3+ years of relevant Treasury, Liquidity Management, Collateral Optimisation, Clearing or Fixed Income experience
- Expert quantitative, analytical and technical skills (Bloomberg, Excel, PowerPoint).
- Demonstrate track record of driving change in a technical role
- Willingness to learn, absorb and synthesize new information and concepts.
- Ability to drive automation and simplify processes
- Superior time management and multi-tasking skills to juggle live transactions, daily tasks and projects
- Strong communication skills and an ability to build and leverage cross-functional relationships
Preferred qualifications, capabilities, and skills
- Basic programming and data analytics skills (in particular Python and Alteryx, Tableau)
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
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.
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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.
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