Settlements Senior Associate

Aumni; Buenos Aires; On-site; ARS 1,800,000 - 3,000,000; Full time

Job summary

J.P. Morgan in Buenos Aires seeks a Payables and Receivables Associate to manage a team, reconcile bank and brokerage transactions, and oversee daily cash reconciliation. The role requires strong English, financial systems proficiency, and the ability to prioritize and manage risk tasks.

The successful candidate will work closely with US management and counterparties, supporting a diverse and inclusive team while ensuring accuracy and timeliness in payables and receivables processes.

Qualifications

• Advanced written and oral English required for daily interaction with US Management and counterparties.
• Proficiency with Microsoft Office suite and related tools.
• Ability to manage escalations and work under pressure.
• Strong problem-solving skills to understand issues and propose solutions.
• Customer/service mindset for internal clients and queries.
• Collaborative team player who adapts to different scenarios.
• Meticulous attention to detail and accuracy.
• Ability to prioritize workload and meet critical deadlines.

Responsibilities

• Manage a team of 6 including escalations
• Reconciliation of transaction between bank accounts and brokerage accounts
• Pay/Receive charges due to factor/coupon updates / and To Be Announced products
• Balance Street-side accounts
• Daily review of cash reconciliation– Responsible for reviewing cash breaks on a daily basis
• Reconciliation on wires and books
• Approve checklist and other risk tasks

Skills

Escalation management

Fluent English

Microsoft Office

Problem solving

Client focus

Team player

Attention to detail

Prioritization

Tools

Microsoft Office

Job description

In Buenos Aires the Payables and Receivables Associate is responsible for:

• Manage a team of 6 including escalations


• Reconciliation of transaction between bank accounts and brokerage accounts


• Pay/Receive charges due to factor/coupon updates / and To Be Announced products


• Balance Street-side accounts


• Daily review of cash reconciliation– Responsible for reviewing cash breaks on a daily basis


• Reconciliation on wires and books.


• Approve checklist and other risk tasks

Required skills:

• Manage escalation – Work under pressure


• Advanced written and oral English skills (used on daily basis with US Management and US counterparties)


• Proficient in Microsoft tools


• Problem-solving skills, facilitate the understanding of the problem and possible solutions.


• Client/customer focus: Be able to assist internal clients and prioritize queries


• Team player and able to quickly adapt to different scenarios


• Attention to details


• Ability to effectively prioritize workloads and work to critical deadlines while maintaining accuracy and quality

If you join the company, you will be part of a diverse and inclusive team that supports each other and will empower you to do your best work.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first‑class business in a first‑class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Payables and Receivables Team is responsible for collecting/pay funds on the post settlements period once Bloomberg updates the Coupon/Factor and becomes final. The difference between the actual settlement amount of the trade in question and the amount that Bloomberg states needs to be wired/SPO vs the counterparty. Additionally, there is the MBS process which its principal goal Is to collect/Pay regarding TBA (To be Announced) – MBS (Mortgages Backed Securities).