Trade Lifecycle Manager Senior Associate (AVP) - Cost and Commission Services

JPMorganChase; Metro Manila; On-site; PHP 600,000 - 900,000; Full time

Job summary

JPMorganChase in Manila is seeking an Operations Associate for Cost and Commission Services to support end-to-end invoice management and related reconciliations. You will help ensure timely payments, accurate allocation, and strong books-and-records integrity while collaborating with technology, finance, and business stakeholders.

Bring your attention to detail and analytical mindset to identify exceptions, resolve breaks, and drive continuous improvement in a fast-paced operations environment

Qualifications

• Experience supporting clearing-related books-and-records maintenance and reconciliations.
• Ability to reconcile omnibus and suspense accounts and resolve breaks.
• Knowledge of bank reconciliations and international product reconciliations.
• Experience processing payments to counterparties and broker-dealers with accuracy.
• Ability to identify and report abnormal activity per procedures.
• Experience posting journal entries and basic accounting tasks.
• Strong proficiency in Excel and PowerPoint for management reporting.

Responsibilities

• Maintain daily books-and-records reconciliations for clearing activities, including incoming/outgoing funds balancing.
• Process payments to counterparties and broker-dealers in line with timelines and controls.
• Report abnormal trade activity to stakeholders per regulatory expectations (e.g., NYSE).
• Balance legal-entity activity within the books-and-records processing stream.
• Reconcile omnibus and suspense accounts and resolve breaks to closure.
• Perform bank reconciliations and international product reconciliations, monitoring aged items.
• Reconcile intercompany trading accounts and allocate data processing charges.
• Reconcile DVP balances and CNS omnibus activity, investigate settlement exceptions.
• Manage invoice lifecycle activities for trading-related fees and payments.
• Reconcile cash movement across omnibus and suspense accounts, including journal entries.

Skills

Clearing reconciliations

Bank reconciliations

DVP settlements

CMTA processing

Excel

PowerPoint

Analytical thinking

Attention to detail

Data accuracy

Tools

Geneva

Job description

Make your mark in a fast-paced operations team supporting trading expense management across products and markets. You'll help deliver timely, controlled processing for fees, brokerage, and invoice activity while partnering closely with technology, finance, and business stakeholders. This role offers opportunities to deepen your reconciliation and risk-and-control skillset, drive continuous improvement, and contribute to stronger end-to-end execution. Bring your attention to detail, analytical mindset, and ownership to a team that values quality, collaboration, and practical problem-solving.

Make your mark in a fast-paced operations team supporting trading expense management across products and markets. You'll help deliver timely, controlled processing for fees, brokerage, and invoice activity while partnering closely with technology, finance, and business stakeholders. This role offers opportunities to deepen your reconciliation and risk-and-control skillset, drive continuous improvement, and contribute to stronger end-to-end execution. Bring your attention to detail, analytical mindset, and ownership to a team that values quality, collaboration, and practical problem-solving.

Make your mark in a fast-paced operations team supporting trading expense management across products and markets. You'll help deliver timely, controlled processing for fees, brokerage, and invoice activity while partnering closely with technology, finance, and business stakeholders. This role offers opportunities to deepen your reconciliation and risk-and-control skillset, drive continuous improvement, and contribute to stronger end-to-end execution. Bring your attention to detail, analytical mindset, and ownership to a team that values quality, collaboration, and practical problem-solving. As an Operations Associate in Cost and Commission Services, you will support end-to-end invoice management and clearing-related reconciliations to help ensure accurate allocation, timely payments, and complete books-and-records integrity. You will investigate exceptions, resolve breaks to closure, and

• Maintain daily books-and-records reconciliations for clearing activities, including incoming and outgoing funds balancing
• Process payments to counterparties and broker-dealers in line with timelines and controls
• Report abnormal trade activity to appropriate stakeholders in line with documented procedures and applicable regulatory expectations (e.g., New York Stock Exchange requirements)
• Balance legal-entity activity within the books-and-records processing stream
• Reconcile omnibus and suspense accounts and resolve breaks to closure
• Perform bank reconciliations and international product reconciliations, including monitoring aged and high-risk items
• Reconcile intercompany trading accounts and monitor allocation of data processing charges
• Reconcile delivery-versus-payment (DVP) balances and Continuous Net Settlement (CNS) omnibus activity, investigating settlement exceptions
• Manage invoice lifecycle activities for trading-related fees (e.g., Electronic Communication Network invoices and securities transaction fees), including analysis, accruals, allocations, and payment
• Reconcile cash movement across omnibus accounts and suspense accounts (U.S. and foreign currencies), including journal and bank-account balancing
• Process Clearing Member Trade Agreement (CMTA) commission receipt/payment activity and related receivable/payable reconciliations, including stock loan/borrow income and expense booking and system-to-books reconciliations

Required Qualifications, Capabilities And Skills

• Demonstrated experience supporting clearing-related books-and-records maintenance, including balancing incoming and outgoing funds
• Proven ability to reconcile omnibus and suspense accounts and resolve breaks to closure
• Working knowledge of bank reconciliations and international product reconciliations, including monitoring aged items and exceptions
• Experience executing payments to counterparties and broker-dealers with strong attention to accuracy and deadlines
• Ability to reconcile delivery-versus-payment (DVP) balances and investigate settlement-related exceptions
• Experience managing fee and invoice processing from analysis through payment (including accruals and allocations)
• Working knowledge of regulatory fee processing controls (e.g., securities transaction fees) and related documentation requirements
• Ability to identify, document, and elevate abnormal activity in line with defined procedures and governance expectations
• Experience preparing and posting journal entries and performing basic operational accounting tasks (income/expense booking and cash movement reconciliation)
• Strong analytical and problem-solving skills, including root-cause analysis and clear written documentation
• Proficiency in Microsoft Excel (e.g., pivot tables, lookups, reconciliations, and data validation) and PowerPoint for management reporting

Preferred Qualifications, Capabilities And Skills

• Experience with Continuous Net Settlement (CNS) omnibus reconciliations and clearing exception management
• Experience processing Electronic Communication Network (ECN) invoices and other market/brokerage fee structures
• Experience supporting stock loan/borrow income and expense booking and related receivable/payable reconciliations
• Experience with Clearing Member Trade Agreement (CMTA) commission receipt/payment processing and reconciliation
• Familiarity investigating Nostro account and securities position breaks in prime brokerage or clearing environments
• Experience reconciling data across portfolio management systems or vendor platforms (e.g., Geneva) against internal books and records
• Experience driving process improvements, control enhancements, or automation/reporting initiatives within operations

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.