Trading Services Associate

JPMorgan Chase & Co.•Newark, DE

About The Position

Looking for an opportunity to transform your operating environment and take your career to the next level? Join our team! Our role provides exposure to the breadth of services and products across the firm, giving you the chance to identify problems, improve scale with automation tools, and enhance the client experience. Don't miss out on the chance to empower yourself and make a difference. As a Trade Services Associate in the Complex Products Middle Office team, you will support our OTC Derivatives Solution desk and Advisor business. You will frequently interact with both areas of the business along with credit, legal, compliance, tax, pricing, and other areas of the bank to ensure all OTC trades are captured as expected, trade tickets are accurately dropped, lifecycle events are booked, accounts are properly setup to trade with the various regulations in mind. Additionally, you will have a large focus on automating the manual processes within the team while approaching the automations with a control mindset.

Requirements

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 ISDA & Dodd Frank documentation and 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

Strong technical skills, with a focus on Excel (VBA is a plus), Intelligent Solutions (Alteryx, Tableau), Python and AI knowledge is a plus

Responsibilities

Create and accurately capture of all transactions in the Risk Management Systems
Support the Dodd Frank and ISDA legal documentation processes
Act on 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’
Confirm all controls are diligently performed, completed, and signed-off on a timely basis
Create clear and concise communication 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