Trade Support Associate

JPMorganChase; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

JPMorganChase in Mumbai seeks an experienced Trading Services Associate I to contribute to the seamless execution of credit derivatives trades. You will process orders, validate lifecycle events, and collaborate with trading, legal, and operations to ensure accurate settlement and regulatory compliance.

You will leverage your knowledge of front-office systems and market products to support risk, P&L reporting, and process improvements within a dynamic trading services team.

Qualifications

• Minimum 4 years' experience in credit derivatives, exotics, or related middle office roles.
• Strong understanding of credit derivatives products and trade lifecycle.
• Experience with front and back office systems (Bloomberg, Calypso, Markit Wire, DTCC, ICE).
• In-depth knowledge of regulatory requirements for derivatives.
• Excellent analytical, problem-solving, and communication skills.

Responsibilities

• Validate and process credit derivatives trades across single-name CDS, index CDS and related instruments.
• Book trades accurately in front office platforms and reconcile with back office records.
• Review and resolve trade discrepancies and breaks between systems.
• Manage lifecycle events including credit events and amendments/terminations.
• Coordinate with trading, legal, and operations for settlement and updates.
• Oversee confirmations via Markit Wire, DTCC, and ICE for process integrity.
• Support daily risk and P&L reporting for credit derivatives portfolios.
• Ensure compliance with regulatory requirements and internal controls.

Skills

Credit derivatives expertise

Trade lifecycle knowledge

Analytical problem solving

Stakeholder management

Regulatory knowledge

Communication skills

Education

Bachelor's degree in Finance/Economics/Business

Advanced degree preferred

Tools

Bloomberg

Calypso

Markit Wire

DTCC/ICE

Job description

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.

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 a Trading Services Associate I within JPMorganChase, 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

• Validate and process credit derivatives trades across single-name CDS, index CDS (CDX/iTraxx), tranches/bespoke baskets, credit options, credit-linked notes, and total return swaps.
• Book trades accurately in front office platforms (e.g., Bloomberg, Calypso, Markit Wire) and reconcile positions with back office records.
• Review and resolve trade discrepancies, mismatches, and breaks between front office and back office systems.
• Manage lifecycle events including credit events, novations/assignments, coupons/roll dates/maturities, and amendments/terminations/cancellations.
• Coordinate with trading, legal, and operations to ensure correct settlement, documentation, and system updates for lifecycle activity.
• Oversee electronic and manual confirmations via Markit Wire, DTCC, and ICE to ensure process integrity.
• Drive timely confirmation matching and elevate aged/outstanding items to traders and counterparties.
• Support daily risk and P&L reporting for credit derivatives portfolios.
• Attribute P&L to market moves, new trades, lifecycle events, and valuation adjustments while resolving risk/P&L breaks.
• Ensure compliance with Dodd-Frank, EMIR, CFTC, and MiFID II requirements by supporting regulatory reporting, inquiries, and internal limits/controls.
• Improve control, efficiency, and automation by partnering with stakeholders and contributing SME input to new products, system upgrades, and regulatory change initiatives.

Required Qualifications, Skills And Capabilities

• Minimum 4 years' experience in credit derivatives, exotics, or related middle office roles
• Strong understanding of credit derivatives products, trade lifecycle, and operational processes
• Experience with front and back office systems (Bloomberg, Calypso, Markit Wire, DTCC, ICE)
• In-depth knowledge of global regulatory requirements for derivatives
• Excellent analytical, problem-solving, and communication skills
• Proven ability to manage multiple stakeholders and drive process improvements

Preferred Qualifications, Skills And Capabilities

• Bachelor's degree in Finance, Economics, Business, or related field; advanced degree preferred

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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.