Margin&Collateral Associate II

JPMorgan Chase & Co.Newark, DE

About The Position

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

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.
  • 5+ years of Operations experience with some Derivatives or Securities experience

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

Benefits

  • comprehensive health care coverage
  • on-site health and wellness centers
  • a retirement savings plan
  • backup childcare
  • tuition reimbursement
  • mental health support
  • financial coaching

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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