The Prime Finance Trading Services Team is based in NYC and provides support to Prime Trading, covering primarily Equity Swaps.
Job summary
As a trading services associate on Prime finance team you are are responsible for: • Ensuring that all trades executed are entered completely & accurately into the Risk Management systems • Performing core start-of-day and end-of-day controls to ensure Risk is correctly represented for Front Office • Ensuring all trade capture and reporting exceptions are verified, cleared and escalated appropriately in a timely manner • Liaising with various other Front Office, Middle Office and Back Office Teams on issues related to Cash Equity trades Example. Product Control, Sales, Sales Support, Cash and Derivative Settlements, Client Services, Reconciliations, Technology, Business Management
Job responsibilities
Ensuring that all trades executed are entered completely & accurately into the Risk Management systems
Performing core start-of-day and end-of-day controls to ensure Risk is correctly represented for Front Office
Ensuring all trade capture and reporting exceptions are verified, cleared and escalated appropriately in a timely manner
Liaising with various other Front Office, Middle Office and Back Office Teams on issues related to Cash Equity trades. For example, Product Control, Sales, Sales Support, Cash and Derivative Settlements, Client Services, Reconciliations, Technology, Business Management
Daily management of trade life cycle events (expiries, dividends, corporate actions, etc.) and the integrity and continuous improvement of the pre and post trade controls environment.
Maximizing trade processing Straight Through Processing through tactical problem solving and root cause analysis
Producing analysis for the trading desks and senior management
Providing input into core projects including; industry-wide initiatives, regulatory, trading strategy, operational programs
Required qualifications, capabilities, and skills
Strong security and derivative products knowledge is required
2+ years prior Operational Trade Support and Equity Derivatives /Swaps
Self-motivation and demonstration of initiative
Excellent Analytical skills
Excellent oral and written communication and presentation skills
Highly organized
Extremely detailed and Control orientated
Keen to challenge processes and suggest automated solutions
Ability to work well under pressure
Strong PC Skills : in particular Excel, Word and PowerPoint
Bachelors degree is necessary
Preferred qualifications, capabilities, and skills
Sound understanding of Equity Swaps, Cash Equities, Derivative products, trading workflows and corporate actions
Experience supporting Trading Desks in Prime/ Hedge Fund business
Confidence to communicate with senior managers effectively
Strong problem-solving skills
Familiarity of various risk management systems and an advanced MS Excel skills
Strong work ethic and the ability to adapt to different business needs
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 and perspectives that 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) 1-866-777-4690 and indicate the specifics of the assistance needed.)
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $94,050.00 - $131,000.00 / year