Role Summary
The primary responsibility of our trade support and operations team is to maintain a first-class operational infrastructure for the CEM trading and sales desks and TS business to mitigate operations and financial risk by providing a high quality control environment. Our operating model must remain flexible enough to adapt to innovation and new technology/regulatory requirements for the business, yet scalable enough to sustain a rigorous controls environment. As a Branch Operations Analyst,
your job function will include performing end-to-end controls along the trade lifecycle from trade execution and capture including analysis and verification of trade positions and valuations as well as timely and accurate monitoring of daily processes. The role will also include reconciling positions and trade details between various risk management systems and upstream execution platforms as well as investigating and resolving trade or system issues. Additional tasks include trade booking/verification, P&L; explanations, stress testing, MIS reporting, query management/resolution and various ad hoc project related tasks such as new regulatory and compliance mandates. The environment is fast paced and has a very high trade turnover so adaptability and the ability to multi-task are critical. As this is a middle office role, you will be communicating with a wide variety of areas critical to supporting the business including Trading, Sales, Business Management, and Finance, Operations, Technology and Market/Credit risk teams.
Key Responsibilities
- Maintain trading operations system integrity for our CEM and TS Businesses
- Control the risk management environment to ensure accurate P&L; and risk measures are available in real-time for our trading desk
- Perform numerous control reconciliations to verify trading positions are accurate through front office to middle office recs, middle office to back office recs including EOD checkouts and P&L; signoff
- Investigate and provide solutions to various queries from settlements and confirmations, collateral and credit disputes
- Production of Management Statistics, including but not limited to Key Performance and Key Control Indicators
- Complete operations projects and ad hoc requests to satisfy new initiatives and operations/technology enhancements
- Proactive in identifying issues/gaps and opportunities for new process improvements, taking appropriate actions to deliver simple and innovative solutions that improve the way we do business
EssentialQualifications
Education& Experience
- BA or BS degree required (Finance or Businessdegree)
- Previous experience in Finance industry (Opsroles) desired
- Proficiency with the trading environment, riskmanagement systems, performing critical operations controls
- Control oriented with a focus onefficiency and process improvement
- Quick learner with a strong senseto question and understand all details behind the processes and numbers
- Independent/analytical thinker who can quicklyassimilate situations through to the associated risks, business or controlissues
Skills& Knowledge
- Works well underpressure leveraging their initiative to fully develop their role
- Understanding of CEMand TS products
- Problem solver,proactive and able to work independently
- Stronganalytical and quantitative aptitude, very detail oriented
- Operationsand control mindset, strong ability to prioritize and deliver quality workusing time management skill
- Highly organized and self-motivated,enthusiastic attitude
- Understands the large financialrisks that can be incurred through operational errors and control risks
- Strong PC Skills required; inparticular MS Excel (VBA a plus), MS PowerPoint and Sharepoint
- Team player with excellentinterpersonal skills
- Fluent in English & Spanish
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. 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.
