Trading Services Associate

Posted 20 Hours Ago
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Philadelphia, PA
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Trading Services Associate, you'll support TCIO's North America Trade Operations by ensuring effective transaction execution and management. Responsibilities include overseeing transaction flows, coordinating with portfolio managers and funding teams, addressing issues promptly, and participating in technology enhancements to improve workflows. Strong analytical skills and an understanding of complex financial products are crucial.
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Job Description
Treasury and Chief Investment Office - Trade Support - Associate
Elevate your career with the TCIO Execution Middle Office in Delaware, where you'll be at the heart of financial innovation and excellence. Join a team that provides essential Trade Support, Settlement, and Product Control to TCIO desks, enabling seamless execution of transactions and effective position management.
As a Trading Services Associate in the Middle Office Trade Support team supporting TCIO's North America activity, you will be responsible to ensure the business is well supported and properly controlled. Due to the constant evolution of business and regulatory initiatives, your role will necessitate your involvement in daily processes as well as special projects. You will work closely with Portfolio Managers to fully understand business drivers and support requirements, as well as colleagues within settlement, financial control, market risk, interest rate risk, liquidity risk, and technology. To be successful, you should possess a financial mindset, an appreciation for complex system flows and the controls necessary to ensure their accuracy, an aptitude for root/cause analysis, demonstrated people management skills, and an overriding eagerness to exhibit leadership and drive.
This team manages the implementation of the firm's funding plan, including multiple forms of long-term debt issuance in all major currencies. It also manages the firm's short-term cash across both developed and emerging markets using a variety of products, including foreign exchange swaps, repurchase agreements and money markets. This desk manages the Firm's investment portfolio, which includes a wide range of fixed income products including corporate bonds, asset- and mortgage-backed securities, municipal bonds, and government securities. It also includes the MSR Hedging group, who utilize a variety of interest rate derivatives (options and swaps) and fixed income products to manage the complex market risks generated by the Bank's mortgage servicing activities.
Job Responsibilities:

  • Understand all transaction flows and controls pertinent to the various set of products in the TCIO portfolio. Whether directly responsible, or managing via service level, ensure control processes operate effectively to quickly highlight potential issues in the lifecycle management of positions.
  • Address and escalate issues as they arise as a matter of urgency.
  • Work closely with the Funding Front Office to ensure critical collateral movements and funding flows are successfully captured and settled.
  • Work closely with the CIO Portfolio Managers to ensure accurate and timely capture of all executed activities.
  • Identify opportunities and drive the development of technology to support business flows.
  • Generate test cases and execute user acceptance testing to ensure new technology delivers and functions as expected.
  • Participate in global working groups with colleagues from other disciples or other regions.
  • Build and maintain strong business, operations and technology relationships.
  • Participate within a strong team of professionals who are fully trained, engaged and contributing to the health of the business.


Required Qualifications, Skills, and Capabilities:

  • Minimum of 3 year of Trade Support or Finance Operations experience
  • Strong analytical skills to understand a diverse set of sophisticated cross-asset products and complex end-to-end workflow
  • Detail-oriented with a strong control mindset and experience in reconciliation across multiple systems
  • Keen attention to detail and a methodical approach to problem solving
  • Effective organization and communication skills
  • Ability to multi-task & prioritize in a fast-paced environment
  • Strong interest in process improvement, automation, and system enhancement
  • Extensive financial instrument product knowledge
  • Ability to self-motivate, drive urgently and deliver with fine attention to detail


About Us
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.

Top Skills

Financial Analysis
Product Control
Settlement
System Reconciliation
Technology Enhancement
Trade Support

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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