Cash Equities Trade Support Associate I

J.P. Morgan; New York (NY); On-site; USD 70,000 - 90,000; Full time

Job summary

Join a leading financial institution as a Cash Equities Trade Support Associate I, where you'll play a key role in managing equity trades across North America. This role demands high-level problem-solving and attention to detail while ensuring smooth trading operations. You will collaborate with traders and infrastructure groups, contributing significantly to the success of our trading initiatives.

Qualifications

• 3 years of experience in finance operations roles.
• Solid understanding of cash equities and FX operations.
• Ability to manage multiple tasks in a fast-paced environment.

Responsibilities

• Support operations for agency and principal trading in North American markets.
• Manage trade lifecycle events including trade capture and reconciliation.
• Collaborate with teams to resolve trade-related issues efficiently.

Skills

Problem-solving

Attention to detail

Effective communication

Proficiency in Microsoft Excel

Education

Bachelor’s degree in business, Finance, Economics, or similar

Tools

Trading systems

Microsoft Excel

Job description

Embark on a career journey with JPMorgan, where your skills in finance operations can drive impactful change. As part of our team, you'll have the opportunity to grow professionally while contributing to the success of our global equity trading operations. Join us to enhance your career and be part of a team that values innovation and collaboration.

As a Cash Equities Trade Support Associate I within the Cash Equities Trade Support team, you will play a crucial role in ensuring the smooth operation of equity trades across North America. You will work closely with traders and various infrastructure groups to manage trade lifecycle events, ensuring accuracy and efficiency in trade processing. Your role is vital to maintaining the integrity of our trading operations and supporting our commitment to excellence.

Job responsibilities

• Support operations for agency and principal trading in North American markets
• Complete intra-day and end-of-day processes, ensuring accurate capture of new trading activity
• Collaborate with infrastructure groups to resolve discrepancies and ensure smooth trade processing
• Facilitate cross-organizational communication to identify and address real-time risk issues
• Participate in strategic initiatives to improve processes and business architecture
• Manage trade lifecycle events, including trade capture, settlement, and reconciliation
• Ensure accurate allocation of exchange, broker, and principal fills to client orders
• Investigate and resolve trade-related issues efficiently under pressure
• Maintain strong focus on accuracy and precision in trade processing
• Communicate effectively with traders and functional partners to resolve exceptions
• Prioritize tasks and manage multiple requests in a fast-paced environment

Required qualifications, capabilities, and skills

• Bachelor’s degree in business, Finance, Economics, or similar
• Three years of experience in finance operations roles
• Solid understanding of cash equities, Foreign Exchange (FX), and listed options operations
• Proficiency in trade lifecycle management and risk mitigation
• High-level problem-solving skills and attention to detail
• Effective communication skills with traders and functional partners
• Ability to prioritize tasks and manage multiple requests simultaneously
• Willingness to stay updated on industry trends and best practice.
• Proficiency in Microsoft Excel, including advanced formulas and pivot tables

Preferred qualifications, capabilities, and skills

• Familiarity with trading systems and ability to learn new technologies quickly
• Prior experience in equities trade support, client services, or Profit and Loss (P&L) reporting
• Hold Series 99 FINRA license (Operations Professional)

Optional additional information:

This position is not eligible for H1B or Sponsorship