Cash and Controls Associate II

Testing Site - JPMC; Newark (DE); On-site; USD 90,000 - 130,000; Full time

Job summary

Testing Site - JPMC in Newark, DE seeks an Associate II in Prime Brokerage to support accurate trade processing across asset classes and to drive efficient funding and reconciliation workflows. You will collaborate across teams to optimize funding, control risks, and deliver end-to-end process improvements.

The role requires 3+ years in trade lifecycle, automation experience, and FINRA licensing (SIE + Series 99) or willingness to obtain.

Qualifications

• 3+ years of experience in managing trade lifecycle processes, with a focus on cash movements and funding for managed demand deposit accounts.
• Experience using automation technologies to optimize trade lifecycle operations.
• Advanced knowledge of market product definitions, operating procedures, and industry regulations.
• Proven ability to manage projects effectively with cross-functional teams and on-time delivery.
• Proficiency in data analysis and ledger reconciliation tools.
• FINRA licensing: SIE + Series 99 (or willingness to obtain).

Responsibilities

• Oversee the preparation and management of funding for DDA accounts and timely allocation of wires to client funding accounts.
• Conduct comprehensive ledger reconciliations and promptly address discrepancies.
• Collaborate with other lines of business to facilitate proper funding and coordination.
• Validate internal entries for processing and confirm instructions with attention to detail.
• Lead and manage projects in partnership with Operations, Product, Tech and Change teams.
• Contribute to end-to-end process and operating model reviews for improvements.
• Ensure controls mitigate financial risks and address gaps proactively.
• Support strategic initiatives with Product, Tech and Change partners for stack adoption.
• Understand front-to-back operations including confirmations, settlements and regulatory reporting.

Skills

Trade lifecycle management

Automation technologies

Project management

Data analysis

Regulatory compliance

FINRA licensing: SIE + Series 99

Job description

Join our team where you'll play a crucial role in ensuring accurate and efficient trade processing across all asset classes. Your advanced analytical skills and trade lifecycle expertise will be vital in solving complex problems, making impactful decisions, and ensuring compliance with industry standards.

As an Associate II in our Prime Brokerage team, you will have the opportunity to develop your skills while contributing to a collaborative group that values growth and learning, you will join us and be part of a company that supports your professional journey and offers exciting challenges. This is an excellent opportunity for a motivated professional seeking to make a difference in a supportive and dynamic environment. You’ll work alongside individuals with diverse skills and backgrounds, united to achieve common goals through excellence and creativity.

the successful applicant will be required to successfully obtain their FINRA Series 99 certification within 12 months of their start date.

Job responsibilities

• Oversee the preparation and management of funding for managed demand deposit accounts (DDA’s), ensuring proper allocation of wires to client/funding accounts within the appropriate threshold.
• Conduct comprehensive reconciliation of ledgers using various systems and tools, identifying and addressing any discrepancies promptly.
• Collaborate with other lines of business to facilitate proper funding, ensuring seamless coordination and communication.
• Validate internal entries for processing and confirming instructions, applying a keen attention to detail and a thorough understanding of trade lifecycle processes.
• Lead and manage projects in partnership with various Operations Departments, leveraging your project management skills to meet goals and deliver results.
• Contribute to end-to-end process and operating model reviews, identifying areas for improvement and implementing effective solutions.
• Ensure proper controls are in place to mitigate financial risks, proactively identifying and addressing any gaps.
• Support strategic projects in partnership with Product, Tech, and Change partners, facilitating seamless change adoption with a key focus on strategic stack adoption.
• Know the front to back Operations process (including the key elements such as confirmations, settlements, regulatory reporting) and facilitate issue resolution across teams.

Required qualifications, capabilities, and skills

• 3+ years of experience in managing trade lifecycle processes, with a focus on cash movements and funding for managed demand deposit accounts.
• Demonstrated proficiency in using automation technologies to optimize trade lifecycle operations and implement process improvements.
• Advanced knowledge of market product definitions, operating procedures, and industry regulations, with the ability to apply this knowledge in day-to-day operations.
• Proven ability to manage projects effectively, with experience in leading cross-functional teams and delivering results within set timelines.
• Proficiency in data analysis and interpretation, with experience in using various systems and tools for ledger reconciliation and discrepancy resolution.
• FINRA licensing: SIE + Series 99 (or willingness to obtain)