OTC Derivatives Settlements Analyst

JPMorgan Chase; Bournemouth; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A global financial services firm in Bournemouth is seeking an OTC Derivatives Settlements Analyst to ensure smooth settlements for various derivatives. The role involves developing relationships with clients, managing inquiries, and mitigating risks. Suitable candidates will have strong communication and time management skills, with a keen interest in financial products. This position offers an opportunity to grow expertise in a dynamic team environment.

Qualifications

• Desire to work in a fast-paced environment.
• Interest in learning about markets business and developing product knowledge.
• Ability to organize and prioritize work under pressure.

Responsibilities

• Ensure accurate settlement of payments and timely handling of client inquiries.
• Understand Credit Default Swaps, Interest Rate Swaps, and related instruments.
• Maintain excellent relationships with clients and teams across hubs globally.

Skills

Relationship-building

Communication skills

Time management

Pressure management

Job description

Ensure smooth OTC derivatives settlements and client service in a fast‑paced, global EMEA team. Grow your market expertise!

As an OTC Derivatives Settlements Analyst in the EMEA Derivative Settlements team you will be responsible for ensuring a smooth settlements process for Credit Derivatives, Interest Rate Swaps, Equity Derivatives and Commodities between the Investment Banks and their EMEA client base, covering Hedge Funds, Asset Managers, Corporates, Financial Institutions, Governments and Special Purpose Vehicles (SPV).

EMEA Derivative Settlements team deals with the end‑to‑end settlements process including confirmation of settlements prior to value, investigation of post‑settlement discrepancies, responding to all incoming client enquiries and dealing with queries from Middle Offices (globally) and our sister hubs in Delaware, Mumbai and Kuala Lumpur. Teams have high levels of client and Middle Office contact and are constantly being challenged to innovate and inspire to meet the demands of a developing product set, client base and trading growth.

Job Responsibilities

• Ensure that all payments are settled accurately and all incoming client enquiries are dealt with in a timely and professional manner.
• Develop an understanding of Credit Default Swaps, Interest Rate Swaps and related instruments.
• Maintain and build excellent relationships with external clients as well as with multiple teams across the Derivatives hubs and globally with the Middle Offices we support.
• Mitigate risk (Operational, Financial and Reputational).
• Participate in process improvement initiatives.
• Identify and investigate the root cause of errors/issues.

Required Qualifications, Capabilities, and Skills

• A desire to work in a fast‑paced environment.
• Interest in learning more about the markets business and desire to develop product knowledge.
• Excellent relationship‑building and good communication skills.
• Excellent time management skills and the ability to organise and prioritise work in a busy environment with the ability to work under pressure and to deadlines.
• Understand the risks and adhere to the controls in place at all times.

Preferred Qualifications, Capabilities, and Skills

• Previous exposure to financial products and derivatives instruments advantageous but not essential.

About us

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.

About the Team

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.