Senior Associate, Public Finance Trade Support

JPMorgan Chase; New York (NY); On-site; USD 94,000 - 131,000; Full time

Job summary

An established industry player is seeking a Senior Associate to lead a team on the trading floor, focusing on Public Finance Trading. In this pivotal role, you will manage daily operations, ensuring smooth transaction processes and compliance with regulations. Your analytical mindset and attention to detail will drive enhancements in trading flows while fostering collaboration across departments. This is a fantastic opportunity for professional growth within a dynamic environment that values innovation and excellence. Join a team that is committed to delivering exceptional results and making a significant impact in the financial sector.

Benefits

Comprehensive health care coverage

On-site health and wellness centers

Retirement savings plan

Backup childcare

Tuition reimbursement

Mental health support

Financial coaching

Qualifications

• 3+ years experience in Public Finance Trading in a middle office role.
• Strong knowledge of trading tools and ability to manage a team.

Responsibilities

• Manage a team providing support to the Public Finance Trading division.
• Ensure compliance with regulatory rules and oversee trade lifecycle.

Skills

Public Finance Trading

Team Management

Attention to Detail

Communication Skills

Analytical Skills

Collaboration

Education

Bachelor's Degree

Tools

Tradeweb

MarketAxess

Bloomberg

SQL

Python

Alteryx

Job description

Step into a pivotal role on the trading floor, where your expertise in trading services can drive impactful results. As a Senior Associate, you'll lead a team that supports the dynamic Public Finance Trading desk, offering you a platform for career growth and development within Middle Office and beyond. Join us to enhance your skills and contribute to a team that values innovation and excellence.

As a Senior Associate in Markets Operations, you will manage a team of four colleagues, providing essential support to the Public Finance Trading division. Your role is crucial in ensuring the smooth operation of trading activities, from transaction booking to settlement. We value a collaborative team culture and offer opportunities for professional growth and development.

Job Responsibilities

1. Manage a team overseeing daily support to the Public Finance Trading division.
2. Build an in-depth understanding of end to end trading flows to provide enhancement opportunities.
3. Demonstrate strong attention to detail and understanding of Public Finance Secondary Market Products (Municipal Bonds, Commercial Paper, Tender Option Bonds, VRDBs, MMI, Treasuries, etc).
4. Supervise the entire trade lifecycle from booking to settlement.
5. Ensure compliance with key regulatory rules impacting business workflows (MSRB Rules G-34, G-12, G-32 amongst others).
6. Complete front to back reconciliation checks and verify trade positions.
7. Investigate and resolve queries from key stakeholders across the organization.
8. Produce accurate management statistics for supervisory oversight.
9. Drive operations and business projects, including automation and new system/workflow implementations.
10. Facilitate cross-organizational communication to identify real-time risk issues.

Required Qualifications, Capabilities, and Skills

1. Three years of experience in Public Finance Trading in a middle office or relevant role.
2. Ability to prioritize tasks and manage multiple requests simultaneously.
3. Collaboration with Front Office as well as Business and Operations partners alike (e.g. Technology, Settlements, Compliance, Product Control, Business Management).
4. Strong knowledge of Tradeweb, MarketAxess, DTC, Euroclear, FedWire, Bloomberg, and reporting requirements.
5. Logical and analytical mindset with awareness of market and industry trends.
6. Excellent written and oral communication skills with attention to detail.
7. Ability to manage a team, providing mentorship and guidance.
8. Challenge processes and controls.

Preferred Qualifications, Capabilities, and Skills

1. Technical skills in Python, SQL, Alteryx, and additional programming languages.
2. Understanding of the Primary/Syndicate market.
3. Desire to grow within Middle Office as an organizational leader.

JPMorgan Chase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching, and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.

Base Pay/Salary

New York, NY $94,050.00 - $131,000.00 / year