Clearing Operations Associate

J.P. Morgan; Bournemouth; Hybrid; GBP 42,000 - 60,000; Full time

Job summary

JPMorgan Chase & Co. in Bournemouth is seeking a Clearing Operations Associate to monitor exchange-cleared futures and options trades, ensure timely clearing into the GMI system, and maintain the integrity of cleared trade processing in a fast-paced, hybrid work environment.

The role requires 2+ years in financial services, strong Excel skills, experience with reconciliations and data analysis, and a proactive mindset toward automation and process improvement.

Qualifications

• 2+ years in Financial Services, preferably in Futures & Options Operations or Clearing Operations.
• Understanding of derivatives lifecycle and clearing processes.
• Experience with data analysis, reconciliations and improving processes.

Responsibilities

• Process and monitor exchange-cleared Futures & Options trades on Trade Date.
• Investigate clearing exceptions and resolve processing issues.
• Support downstream teams by analysing trade activity and clearing records.
• Perform clearing-related activities including pricing, allocations and roll periods.
• Liaise with exchanges, brokers, front/middle office, tech and operations to resolve issues.
• Escalate risks and service issues, ensuring timely resolution per SLAs.
• Contribute to system testing, changes and automation initiatives.

Skills

Futures & Options Operations

Reconciliations

Data analysis

GMI platform

CCP clearing

Excel

Automation mindset

Communication skills

Education

Financial Services degree

Tools

GMI

Job description

Clearing Operations Associate

Location: Bournemouth
Contract: 12 months
Work Setup: Hybrid - 4 days in the office (Fully onsite for 6 weeks)

Who We Are

JPMorgan Chase & Co. is a leading global financial institution headquartered in New York City. It offers diverse financial services-including consumer banking, investment banking, commercial banking, and asset management-to clients worldwide. It is the largest U.S. bank by asset size, known for its strong market position, technological innovation, and global reach. The company focuses on delivering shareholder value, operational efficiency, and sustainable growth.

What You'll Do

• Process and monitor exchange-cleared Futures & Options trades on Trade Date (T), ensuring timely, accurate clearing into GMI and maintaining the integrity of cleared trade processing.
• Investigate and resolve clearing exceptions, trade queries and processing issues, ensuring trades are correctly booked and suspense accounts remain balanced.
• Support downstream Operations teams by analysing trade activity and clearing records to resolve position, cash and settlement breaks.
• Perform clearing-related operational activities, including average pricing, allocations, daily operational controls and support during contract roll and quarterly expiry periods.
• Liaise with exchanges, clearing brokers, Front Office, Middle Office, Technology and Operations teams to resolve operational issues and deliver an efficient clearing service.
• Escalate operational risks, exceptions and service issues promptly, ensuring timely resolution in line with agreed service levels and control standards.
• Contribute to system testing, operational change, process improvement and automation initiatives to enhance operational efficiency, controls and service delivery.

What You Bring

• 2+ years' experience in Financial Services, ideally within Futures & Options Operations, Clearing Operations or another post-trade environment; alternatively, a relevant Financial Services degree.
• Good understanding of exchange-traded derivatives, the listed derivatives trade lifecycle and clearing processes.
• Experience with reconciliations, data analysis and data administration within an operational environment.
• Knowledge of GMI or similar clearing platforms and familiarity with central counterparty (CCP) clearing processes is advantageous.
• Strong analytical and problem-solving skills, with the ability to investigate issues and identify root causes.
• Ability to manage multiple priorities in a fast-paced, time-sensitive environment while maintaining accuracy and attention to detail.
• Proficient in Microsoft Excel, with excellent communication skills and a continuous improvement mindset focused on automation and operational efficiency.

We are committed to creating an inclusive recruitment experience. If you require support or adjustments to the recruitment process, our Adjustment Concierge Service is here to help. Please feel free to contact us at [e-mail] to discuss how we can support you.

This position is being recruited on behalf of our client through our Outsourcing service line. Resource Solutions Limited, trading as Robert Walters, acts as an employment business and agency, partnering with top organizations to help them find the best talent.

We welcome applications from all candidates and are committed to providing equal opportunities.