Markets Asset Servicing-Risk Team, Associate

JPMorganChase•Jersey City, NJ

60d

About The Position

The Markets Asset Servicing team manages corporate actions across global markets, including Stock Splits, Tender Offers, and Rights Issues. They handle the announcement, processing, and settlement of these events, as well as the collection and payment of income for all asset classes. A new risk function team analyzes events to understand risk profiles and market exposure, ensuring all actions are captured and executed, particularly around expiration periods. Key services include proactive management of Corporate Actions, Income, Taxation, Proxy Voting, and Client Inquiries/Reporting. As a Markets Asset Servicing-Associate within Commercial & Investment Bank you will have the opportunity to work with Prime Finance and the Trading businesses, and build up comprehensive product and market knowledge. You will work closely with several other groups across the firm, including trading desks, middle office and financial control teams. This interaction enables employees to gain an insight into other operations and obtain a high level knowledge of the diverse range of the J.P. Morgan products.

Requirements

Must have a relevant work experience
Knowledge of the transaction/ trade lifecycle
Give examples of your risk awareness and operational controls experience within Asset Services.
Strong communicator who is confident to express concerns and risk in a timely manner
Adaptability is essential in order to learn the process quickly and efficiently
Discuss you process improvement experience, where you clearly articulate ideas, concepts, procedural changes to internal colleagues and clients.
Proven ability to give examples of your reconciliation and problem solving skills
Proven experience within an arena where accuracy is critical within strict deadlines.
Excellent communication skills, both written and verbal at all levels are necessary to meet the demands of the client base and to support management in an effective manner
Flexible proactive attitude towards work is required, as the individual must adapt to the needs of the business

Nice To Haves

Asset servicing knowledge and experience within an operations environment preferred
10 years in Asset Servicing preferred

Responsibilities

Analyzing risk of all voluntary corporate actions (all Lines of Businesses)
Reviewing the finer details of the event to determine nuance risk
Reviewing the stock record to determine positional risk
Calculating the market exposure in terms of discount, liquidity and volatility
Checking all events have been captured and are due for instruction on the correct day
Ensuring corporate instructions are sent to custodians/ trading counterparties on time
Providing opportunity for direct supervision & involvement in project work related to improving efficiency and/or reducing risk
Investigating and resolving of complex issues and enquiries
Producing daily management reports to summarize risk and actions taken
Escalating, as appropriate of all risk events ahead of their expiration
Work with multiple partners: Senior Management, Technology, Middle Offices, Finance, Product Control, OCM, Audit, Front office and Clients to manage risk and provide an excellent global service