Structured Products and Exchange Products Middle Office - Associate

JPMorgan Chase; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

JPMorgan Chase in London is seeking an Associate in the Structured Products Middle Office to support the end-to-end trade lifecycle from entry to settlement. You will leverage knowledge of market products and automation to enhance efficiency and resilience of the operating platform.

You will collaborate with internal stakeholders, present insights to senior management, and drive changes to optimize trade workflows while balancing risk and control in a fast-paced environment.

Qualifications

• Excellent knowledge of Structured Products across asset classes (Equity Derivatives, FX, Commodities).
• Understanding of booking flows from front office risk systems to settlement and lifecycle management.
• Strong attention to detail and a control mindset under pressure.
• Proactive problem solving with ownership and root-cause analysis.

Responsibilities

• Supports Equity Derivative Structured Products Desks in EMEA for sales and trading of exotic lines.
• Facilitates trade bookings, validates economic integrity, ensures settlement and client setup, handles buybacks and pricing references.
• Works with sales to provide pre-trade approvals and client onboarding prior to issue date.
• Responsible for booking Structured Products into front office systems.
• Works on projects to reduce manual labour, increase controls and mitigate risk of input errors.
• Drives future state improvements to reduce manual tasks, cut risks, and support new business activities.

Skills

Structured products knowledge

Booking flows understanding

Attention to detail

Control mindset

Team collaboration

Problem solving

Tools

Bloomberg

Telekurs

Reuters

Job description

Are you ready to elevate your career in a fast-paced, innovative environment? You will have the opportunity to utilize and keep developing your skills while contributing to a team that values growth and collaboration. Join us and be part of a company that supports your professional journey and offers exciting challenges.

As an Associate within the Structured Products and Exchange Products Middle Office team, you will play a pivotal role in the seamless execution of trade activities, from order entry to settlement. While still developing, your expertise in market products and understanding of automation technologies will be instrumental in optimizing our trading services. You will be expected to leverage your proficiency in change management and continuous improvement to enhance the efficiency and resilience of our operating platform Your role will also allow you to keep developing your relationships with internal stakeholders, presenting insights to senior management, and driving process improvements. Your decisions will contribute and impact on short-term team and department goals, and you will often guide others in their work activities, contributing to the overall success of our trading services.

Job responsibilities

• Supports the Equity Derivative Structured Products Desks in EMEA, covering both sales and trading for the exotic business lines
• Facilitates trade bookings, queries on various structured trades, validating the economic integrity of the trades, ensuring settlement, client set-up is complete, all secondary buybacks formalities are actioned and facilitation of pricing (Bloomberg, Telekrus, Reuters etc).
• Works with sales to provide pre-trade approvals on new structured, ensuring clients are on-boarded correctly and ensure all pre-trade formalities are completed prior to issue date
• Is responsible for booking Structured Products into front office systems
• Works on projects to reduce manual labour, increase controls and mitigated risk of input errors on T
• Identifies, implements and supports efforts to drive down manual work per trade, and working with other JPM teams in reducing costs within the middle office by taking advantage of our low-cost centres
• Drives the future state of the Structured Products business - improving daily processes to cut down on manual tasks, reduce risks, increase controls and assist in all new business activities

Required qualifications, capabilities and skills

• Excellent product knowledge on a range of Structured Products under various asset classes (Equity Derivatives, FX, Commodities etc)
• Understanding of the booking flows of structured products from FO risk systems, to full product lifecycle management (coupons, knockouts, corporate actions) to settlement (from JPM, to custodians to clearers)
• Excellent attention to detail
• Control mind set
• Time Management, ability to prioritize effectively, to be able to work under pressure in an ever changing and evolving environment while not compromising the quality of the end result
• A team player, capable of building effective business relationships across the organization, an understanding of the difference of what different teams within the bank do and ensuring the correct teams are engaged and utilised when required throughout the life of a trade
• Pro-active approach to problem solving; root cause analysis, identifying solutions and taking ownership of these to resolution

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.