Job Description
Embark on a rewarding career as a Trade Settlements Associate at JP Morgan. This role offers a unique opportunity to manage complex processes from trade settlement to regulatory reporting, while collaborating with top-tier stakeholders across the firm. With ample room for growth in a dynamic, fast-paced environment, you will have the chance to make a lasting impact and advance your career. Join a team at the forefront of innovation in the financial industry.
As a Trade Settlements Associate within the Execution Middle Office team of JP Morgan's Treasury and Chief Investment Office (TCIO), you will be instrumental in developing expertise in Money Market and Fixed Income Security transactions. You will gain insights into how these financial instruments are used to manage various types of risks within the bank. Your responsibilities will include monitoring, analyzing, and processing transactions through multiple proprietary and vendor systems, ensuring accurate and timely settlements. You will work closely with diverse stakeholders to deliver high-quality results that meet regulatory and business requirements.
Job responsibilities:
- Monitor, analyze, and process transactions to ensure accuracy and timeliness.
- Develop a deep understanding of issues and escalate them appropriately for timely resolution.
- Engage daily with middle office, counterparties, traders, corresponding banks, finance desk, cash management, and other internal and external teams.
- Communicate effectively with domestic and international custodians and counterparties.
- Master the complexities of various overnight and term products, gaining a solid understanding of the business model and infrastructure.
- Support project work and participate in User Acceptance Testing (UAT) for system enhancements, analyzing their impact on TCIO activities.
- Multi-task and prioritize workload in a fast-paced, deadline-driven environment.
- Provide support for audit queries and proactively respond to inquiries from the Front Office, Treasury Services, and other stakeholders.
- Assist the Transaction Processing Manager by investigating, analyzing, and providing relevant data to resolve client queries.
- Be adaptable in supporting other locations during contingency situations as part of business recovery efforts.
Required qualifications, capabilities, and skills
- Minimum of 1 year of experience in Middle Office/Settlements.
- Ability to work under pressure in a high-volume environment.
- Flexibility, strong organizational skills, and the ability to prioritize tasks.
- Quick, accurate work with minimal supervision.
- Strong problem-solving skills.
- Detail-oriented with a focus on control.
- Excellent written and verbal communication skills.
- Proficiency in Microsoft Office applications (Excel, Word, Access, PowerPoint).
Preferred qualifications, capabilities, and skills
- Experience in Money Market and Fixed Income Security Settlements.
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
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
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.
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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.
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