Job Description
Welcome to JPMorgan Chase. Are you looking for an opportunity to work in Asia-Pacific Derivatives Hub team? You have found the right team.
As a Derivatives Operations Associate / Analyst within the FX & OTC Derivatives Operations team, you will be tasked with managing operational processes related to confirmations and settlement of FX and Derivatives transactions. Your role will involve supporting a global and diverse client base, with primary functions including affirmation, settlement, client money daily segregation, credit event management, client valuations, regulatory reporting, and tax reporting. You will be instrumental in facilitating transaction execution via a 'best in class' systematic control framework, integrating risk systems (Athena, GPS, Kapital, Pyramid) with vendor platforms (DTCC / TIW / Markitwire / Thunderhead). Your responsibilities will also encompass confirmation matching and chasing, client service and break resolution, processing of FX/Derivatives transactions, maintaining client & business reference data, supporting Front Office sales and Middle Office, and managing inter-regional stakeholders. You will also be involved in process review and uplift.
Job responsibilities
- Ensure all trades are correct and accurately matched in a timely and risk-free manner
- Ensure all payments are processed correctly and settled within cut off times
- Provide the highest of customer service standards to external clients and internal partners/stakeholders
- Partner closely with middle office, sales and operations teams around the globe
- Ensure all controls and checks are completed by the end of day & day-to-day compliance with internal SLAs
- Resolve outstanding breaks in the Nostro/Wash accounts, performing root cause analysis and implementing corrective actions to prevent recurrence.
- Analyze and re-engineer existing processes
Required qualifications, capabilities, and skills- Hold a bachelor degree or equivalent
- Minimum of 3 years of experience in Derivatives Operations within the banking industry
- Good interpersonal and communication abilities
- Excellent relationship-building and time management skills
- Ability to cope in a high-pressure environment with time-critical deliveries whilst maintaining accuracy
- Strong analytical and problem-solving skills in order to identify, understand, and address operational related issues.
- Control mindset to identify process control gaps, prioritize, and mitigate operational risk
Preferred qualifications, capabilities, and skills- Experience with investment banking environment, preferably in Back Office
- Experience with handling external clients
About UsJ.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.
About the TeamJ.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.