Trading Services Associate

Posted 5 Days Ago
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Mumbai, Maharashtra
Hybrid
1-3 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Senior Associate in the Credit Portfolio Group, you will manage collateral data, ensure compliance with regulations, analyze business requirements, and facilitate collaboration across multiple teams to improve processes while controlling risk in trade portfolios.
Summary Generated by Built In

Job Description
Build your career in Trade Lifecycle while working in the world's most innovative bank which values creativity and excellence
Job Summary
As a Senior Associate in Credit Portfolio Group (CPG), you will be responsible for Collateral Data Management, GAUSS adherence for all controls and regulations, cross LOBs metrics and projects and building the culture of continuous improvement supporting business across Back Office, Middle offices as well as Global teams. You will be interacting with multiple Operations & Technology teams within the organization to (re)design process.
Job Responsibilities

  • Responsible for tracking remap negotiations; this includes but is not limited to managing the expected demand NMCR phase 2 (non-cleared margin). Making sure the team is organized and can accurately track and control newly signed and amended CSAs.
  • Production team in Mumbai responsible for CSA discount curve mappings for each Line Of Business including:
  • Daily process to translate CSA information into Discount curves and FCFs.
  • Key controls over changes in CSA data, curve overrides
  • Key controls on data quality of data used in the CSA Discount curve mapping process
  • Face off to multiple asset classes and be able to co-ordinate a global strategy effectively and efficiently.
  • Accurately capture the impact of a change to a CSA from a PnL and Risk point of view across multiple asset classes and businesses.
  • Gather business requirements, perform detailed analysis, and produce associated functional specifications where required.
  • Partner with Operations, Technology and Front Office groups globally within JPM to define and implement new requirements
  • Risk mitigation, ensure the risk in JP Morgan's outstanding portfolio of trades is effectively mitigated and controlled through various control & risk mitigation processes and function.
  • Close interactions with senior experts from various different teams and regions including global Middle offices, Technology and Compliance to resolve outstanding issues. This role will involve a large amount of facilitation and negotiation.
  • Actively work with the global team and management to achieve both industry and internal targets.


Required qualifications, capabilities and skills

  • 10-12 years in a Derivative Operations (Middle Office / Back Office) role
  • Strong numerical, analytical, technical and problem solving skills.
  • The role global in nature therefore will require strong communication skills and the candidate should be highly articulate in the English language.
  • Attention to detail. Demonstrates willingness to deep dive into an issue or problem to establish and address root cause.
  • Drive and motivation: successfully handles and prioritizes multiple tasks, takes initiative and leads to improve own and team's performance, works intensely towards extremely challenging goals and persists in the face of obstacles.
  • Strong team player- effectively collaborates with others both locally and globally.
  • Creativity/Innovation- leads by example to challenge status quo and looks for new ways to improve current processes and procedures. Develop creative solutions that are grounded in reality and have practical value.


About Us
JPMorgan Chase & Co., 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 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.
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.

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

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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