Equity Derivatives Trade Support

JPMorgan Chase

237d • $94,050 - $131,000

About The Position

Join one of the world's top five most admired and prominent companies. For JPMorgan, people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. You will get the opportunity to work in a diverse team where you'll ensure the seamless execution of equity derivatives trades across the Americas, working alongside traders and infrastructure teams. As a Trading Services Associate within JPMorgan's Equity Derivatives Trade Support team, you will play a crucial role in ensuring the smooth operation of equity derivatives trades across the Americas. You will work closely with traders and various infrastructure groups to manage trade lifecycle events, ensuring accuracy and efficiency in trade processing. Your role is vital to maintaining the integrity of our trading operations and supporting our commitment to excellence.

Requirements

• Bachelor's degree in business, finance, economics, or similar
• Three years of experience in finance or operation roles
• Understand all relevant derivatives and hedging products (Interest Rate Swaps, Basis Swaps, Cross Currency swaps, Forward Rate Agreement (FRA), Foreign Exchange (FX), Zero Coupon and Overnight Index Swaps (OIS), Bond and Futures)
• Knowledge of the front to back Operations process (including the key elements such as confirmations, settlements, regulatory reporting) and facilitate issue resolution across teams
• Understand the key elements of other infrastructure groups (i.e. Finance, Market risk, Credit risk, Operational risk, Legal, Collateral etc.) and recognize the impact of the actions of the Trade support team on these areas
• Must have clear communication skills and an ability to use these to work collaboratively, explain, and challenge, as appropriate
• Attention to details and sense of ownership
• Great team player able to work in a pressurized and changing environment
• Possess strong analytical and numerical skills
• Strong problem-solving, control, and project management skills

Nice To Haves

• Familiarity with trading systems and ability to learn new technologies quickly
• Prior experience in equities trade support, client services, or Profit and Loss (P&L) reporting
• Strong technical skills, especially in Excel

Responsibilities

• Capture all transactions in the Risk Management Systems timely and accurately
• Complete intraday / end-of-day processes including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been processed accurately
• Work closely with Operations functions and infrastructure groups to support a ‘one team approach'
• Ensure all controls are diligently performed, completed, and signed-off on a timely basis
• Communicate clearly and concisely with all support teams to ensure the timely and efficient resolution of queries
• Participate and contribute to the various strategic initiatives; keep improving and evolving processes and business architecture
• Build an in-depth understanding of all trading structures from both a financial and operational perspective

Benefits

• Comprehensive health care coverage
• On-site health and wellness centers
• Retirement savings plan
• Backup childcare
• Tuition reimbursement
• Mental health support
• Financial coaching

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree