Global Derivatives Middle Office Trade Support Associate

JP Morgan Chase; Newark (DE); On-site; USD 90,000 - 130,000; Full time

Job summary

JPMorganChase is seeking an Associate for Global Derivatives Services Operations to support OTC derivatives workflows and advisor business. You will ensure accurate trade capture, lifecycle events, and regulatory compliance while partnering with Credit, Legal, Compliance, Tax, and Pricing teams.

You will develop deep product expertise, lead strategic initiatives, and drive process improvements with automation focus across multiple product types and time zones.

Qualifications

• Demonstrated understanding of derivatives and hedging products across IR swaps, cross-currency swaps, CDS, commodities, FX, and OTC Equity Derivatives.
• Full trade lifecycle understanding including onboarding, ISDA and Dodd-Frank docs, confirmations, settlements, and regulatory reporting.
• Familiarity with key infrastructure groups and their downstream impact on trade support actions.
• Ability to prepare and deliver clear presentations/roadshows to PB and JPMA Advisor teams.
• Excellent communication skills to collaborate across teams and explain complex concepts.
• Willingness to work extended hours to support West Coast PB/JPMA teams across time zones.
• Attention to detail and ownership in a high-volume, fast-paced environment.
• Team-oriented, adaptable to a pressurized and evolving environment.
• Strong analytical and numerical interpretation abilities.
• Proven ability to identify root causes, manage priorities, and complete initiatives with controls.

Responsibilities

• Business Partnership: Support and grow the OTC derivatives business with Private Bank and JPM Advisory teams.
• Trade Capture & Lifecycle Management: Accurately create/capture trades and lifecycle events in Risk Management Systems.
• Legal Documentation Support: Assist with Dodd-Frank and ISDA documentation, confirmations, and regulatory reporting.
• Intraday & End-of-Day Processing: Perform completeness and reconciliation checks for new trading activity.
• Cross-Functional Collaboration: Work with Finance, Credit Risk, Collateral, Legal to foster a one-team approach.
• Controls & Compliance: Ensure daily controls are performed and issues escalated timely.
• Stakeholder Communication: Maintain clear, professional communication with internal support teams.
• Strategic Initiatives & Process Improvement: Contribute to initiatives to improve processes and architecture.
• Automation Development: Identify manual processes and develop automation solutions with risk-awareness.
• Trade Flow Expertise: Develop deep understanding of end-to-end trade and lifecycle across supported products.

Skills

Derivatives knowledge

Trade lifecycle

Regulatory reporting

ISDA/Dodd-Frank

Analytical skills

Communication

Automation mindset

Process improvement

Cross-functional collaboration

Tools

Risk Management Systems

Alteryx

Tableau

Job description

Are you looking for an opportunity to transform your operating environment and take your career to the next level? Join our Global Derivatives Services Operations team!

As anAssociate, you will be at the heart of one of JPMorganChase's most complex and high-impact operations functions, supporting the OTC Global Derivatives Services desk and Advisor business. This role offers unparalleled exposure to the breadth of products, services, and infrastructure across the firm, giving you the opportunity to:

• Identify operational gaps and drive meaningful improvements
• Scale processes through automation with a strong control mindset
• Enhance the client experience across a diverse product suite

You will serve as a key point of contact across Credit, Legal, Compliance, Tax, Pricing, and other business areas – ensuring all OTC trades are accurately captured, lifecycle events are properly booked, and accounts are set up in full compliance with applicable regulations.

This role is an opportunity to develop deep product expertise, build cross-functional relationships, and lead strategic initiatives that have a measurable impact on the business.

Job Responsibilities

• Business Partnership:Work closely with the Private Bank and JPM Advisory business to support and grow the OTC derivatives business, acting as a trusted operational partner
• Trade Capture & Lifecycle Management:Accurately create and capture all trades and lifecycle events (e.g., resets, terminations, novations) in Risk Management Systems in a timely and controlled manner
• Legal Documentation Support:Support the Dodd-Frank and ISDA legal documentation processes, including confirmations and regulatory reporting requirements
• Intraday & End-of-Day Processing:Execute completeness and reconciliation checks to ensure all new trading activity is captured and general book management is processed accurately
• Cross-Functional Collaboration:Work closely with Operations functions and infrastructure groups (Finance, Credit Risk, Collateral, Legal) to foster a "one team" approach to problem-solving and issue resolution
• Controls & Compliance:Ensure all daily controls are diligently performed, completed, and signed off on a timely basis; escalation issues proactively and appropriately
• Stakeholder Communication:Maintain clear, concise, and professional communication with all internal support teams to ensure timely and efficient resolution of queries
• Strategic Initiatives & Process Improvement:Actively participate in and contribute to strategic initiatives; continuously look for opportunities to improve and evolve processes and business architecture
• Automation Development:Identify manual processes within the team and develop automation solutions with a strong emphasis on risk and control awareness
• Trade Flow Expertise:Develop a thorough understanding of end-to-end trade and lifecycle process flows across all supported product types

Required Qualifications, Capabilities & Skills

• Derivatives Product Knowledge:Demonstrated understanding of derivatives and hedging products, including:
  • Interest Rate Swaps & Cross Currency Swaps
  • Credit Default Swaps
  • Commodities & FX Products
  • OTC Equity Derivatives: Options, Swaps, Accumulators/Decumulators, and Variable Pre-paid Forwards
• Front-to-Back Operations Knowledge:Understanding of the full trade lifecycle including onboarding, ISDA & Dodd-Frank documentation, confirmations, settlements, and regulatory reporting
• Infrastructure Awareness:Familiarity with the roles and interdependencies of key infrastructure groups (Finance, Credit Risk, Operational Risk, Legal, Collateral) and the downstream impact of trade support actions
• Presentation & Roadshow Experience: Comfortable preparing and delivering clear, structured presentations and roadshows to Private Banking (PB) and JPMA Advisor teams, translating complex operational and product topics into accessible, audience-appropriate content
• Communication Skills:Clear and confident communicator with the ability to collaborate across teams, explain complex concepts, and challenge constructively when appropriate
• Flexibility & Commitment to Client Service: Willingness to work extended hours to provide timely support to West Coast-based PB and JPMA teams, ensuring consistent and high-quality service across all time zones
• Attention to Detail & Ownership:Strong sense of accountability with meticulous attention to detail in a high-volume, fast-paced environment
• Team Orientation:Collaborative team player who thrives in a pressurized and constantly evolving environment
• Analytical & Numerical Aptitude:Strong quantitative reasoning and data interpretation skills
• Problem-Solving & Project Management:Proven ability to identify root causes, manage multiple priorities, and see initiatives through to completion with appropriate controls in place

Preferred Qualifications, Capabilities & Skills

• Regulatory Familiarity:Prior exposure to Dodd-Frank, EMIR, or other derivatives regulatory frameworks
• Technical Proficiency:Experience with Intelligent Solutions tools such asAlteryxandTableau
• AI/ML Awareness:Knowledge of emerging AI tools and their applications in an operational context is a strong plus