Margin&Collateral Associate II

JPMorgan Chase & Co. • Newark, DE

19h

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

• 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

• 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: Mid Level
• Education Level: No Education Listed