OTC Derivatives Settlements Analyst

JPMorgan Chase & Co.; Christchurch; On-site; GBP 32,000 - 52,000; Full time

Job summary

JPMorgan Chase & Co. in the United Kingdom seeks an OTC Derivatives Settlements Analyst to ensure smooth settlements for Credit Derivatives, Interest Rate Swaps, Equity Derivatives and Commodities within a fast-paced EMEA team.

You will manage end-to-end settlements, respond to client inquiries, and collaborate with global hubs to improve processes and mitigate risk in a dynamic market environment.

Qualifications

• Desire to work in a fast-paced environment.
• Interest in markets business and product knowledge.
• Excellent relationship-building and communication skills.
• Strong time management and prioritisation under pressure.

Responsibilities

• Ensures all payments are settled accurately and client enquiries are handled promptly.
• Develops understanding of Credit Default Swaps, Interest Rate Swaps and related instruments.
• Maintains relationships with clients and internal teams across Derivatives hubs.
• Mitigates operational, financial and reputational risk.
• Participates in process improvement initiatives.
• Identifies and investigates root causes of errors.

Skills

Fast-paced environment

Client relationship building

Communication skills

Time management

Risk awareness

Job description

Ensure smooth OTC derivatives settlements and client service in a fast-paced, global EMEA team. Grow your market expertise!
As a OTC Derivatives Settlements Analyst in the EMEA Derivative Settlementsteams 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 and Governments.

EMEA Derivative Settlementsteam 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, Kuala Lumpur and Buenos Aires. 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

• Ensures that all payments are settled accurately and all incoming client enquiries are dealt with in a timely and professional manner
• Develops an understanding of Credit Default Swaps, Interest Rate Swaps and related instruments
• Maintains and builds excellent relationships with external clients as well as with multiple teams across the Derivatives hubs and globally with the Middle Offices we support
• Mitigates risk (Operational, Financial and Reputational)
• Participates in process improvement initiatives.
• Identifies and investigates 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.