Associate I - Special Equities Trade Support Middle Office

JPMorgan Chase & Co. • New York, NY

8d

About The Position

J.P. Morgan’s Special Equity Business is a complex business, supporting clients' needs in private and public dealings.
As a Client Service Associate within the Special Equities Middle Office team , you will join a team responsible for all operational aspects of the trade life cycle. This includes daily trade and fail monitoring / activities, client account management, timely resolution of client inquiries, ensuring accurate DTC activity/data, trade allocation, and multiple reconciliations. The team ensures timely and accurate settlement of corporate cash trading programs and block trading, including trades done under Rule 144A, Restricted Stock, Special Stock Programs and Private Investments. The Associate will perform UAT, Controls, Trade Support and Client Service. There will be extensive client, trader and sales interaction & therefore communication and partnership skills are extremely important.

Requirements

• Bachelor's Degree
• 4 years experience in Finance Industry
• DTC settlement experience
• Proficient in Microsoft Office
• Attention to detail/process oriented
• Self Starter
• Team Player

Nice To Haves

• Exposure to Rule 144A/Non standard settling trades
• Market Operations Experience
• Self Starter

Responsibilities

• Assist Trading desk with daily activities
• Provide excellent client service in response to daily inquiries/issues.
• Ensure accuracy of client payments
• Trade booking/allocation
• Perform risk monitoring/reconciliation
• Perform fails reconciliation, Corporate Action Monitoring
• Coordinate and ensure settlement of DTC share deliveries and receives, including DRS, DWAC, and FOP settlement types
• Review Client Accounts/Position Management

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level