Margin&Collateral Associate II

JPMorganChase • Newark, NJ

12h

About The Position

If you are interested in an evolving fast paced environment at the forefront of industry transformation, please join us! As a Margin&Collateral Associate in our Collateral Services Team, you will play a crucial role in supporting bilateral OTC derivative collateral requirements and all related settlements. You will primarily engage with buy-side clients such as Hedge Funds, Investment Advisors, and Asset Managers, fostering internal partnerships with the Markets, Sales, Prime Brokerage, Credit Executive, Middle Office and Line of Business Operations teams.

Requirements

• Desire to work in a fast-paced environment
• Self-motivated, enthusiastic with a great appetite to learn and develop new skills
• Excellent time management skills and the ability to organize and prioritize work in a busy environment with the ability to work under pressure and to deadlines
• Excellent interpersonal, negotiating, and oral and written communication skills
• Expertise in presentation, influencing and facilitation skills
• 5+ years of Operations experience with some Derivatives or Securities experience

Nice To Haves

• Previous exposure to financial products including securities and derivatives instruments advantageous but not essential.
• Process oriented with strong attention to detail, highly entrepreneurial, creative, open-minded, persistent, highly collaborative and with a passion for delivering business results.

Responsibilities

• Remain client focused, able to work independently under strict deadlines with limited supervision, be control oriented
• Oversee the processing of both outgoing and incoming margin calls
• Ensure all transfers agreed are eligible under the appropriate legal document
• Ensure response to all client inquiries, and when needed, coordinate with the appropriate Front/Middle Office as well as the core processing area in order to facilitate resolution
• Perform Risk Mitigation (Operational, Financial and Reputational)
• Maintain and build excellent relationships with both internal partners and external clients

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed