Trade Lifecycle Manager I - Prime Brokerage Margin

Testing Site - JPMC; Jersey City (NJ); On-site; USD 110,000 - 140,000; Full time

Job summary

JPMorgan Chase in New Jersey is seeking a Trade Lifecycle Manager I to oversee pre- and post-trading processes across asset classes, ensuring accurate cash movements and proper funding coordination. You will handle day-to-day operations, risk monitoring, collateral movements, and client service to our Prime Brokerage/Hedge Fund clients, with a focus on process enhancements and regulatory compliance.

This role requires strong attention to detail, Excel skills, and the ability to work under

Qualifications

• Broker Dealer Ops experience or similar background.
• Strong Excel and financial data analysis skills.
• Regulatory knowledge and ability to obtain Series 99 and SIE within 6 months.
• Ability to manage collateral movements and funding processes.

Responsibilities

• Manage and optimize client collateral and monitor its movement.
• Answer incoming margin settlement requests, compare to exposure, and agree on asset movements.
• Continue development of the Prime Brokerage Margin Service offering.
• Prevent payments from causing deficits and follow up on counterparty issues.
• Maintain a controlled environment by updating procedures.
• Report issues to management and respond to inquiries.
• Support reconciliations, resolve discrepancies, and assist with reporting.
• Handle ad hoc requests, investigations, and audits.
• Review processes, suggest improvements, and implement enhancements.
• Participate in strategic STP initiatives and complex changes.
• Ensure full compliance with control and educational requirements.

Skills

Broker Dealer Ops

Cash Funding

Global Settlements

Exception Remediation

Excel Proficiency

Attention to Detail

Analytical Thinking

Process Improvement

Reg T/FINRA/SEC

Series 99 / SIE

Cross-functional Comms

Tools

Core Banking Systems

Job description

Embark on your journey as a Trade Lifecycle Manager I where you'll be at the forefront of managing the pre- and post-trading life cycle across all asset classes. Your role will be crucial in ensuring accurate cash movements and proper funding coordination, leveraging your expertise to drive process improvements and ensure project success.

As a Prime Brokerage Margin-Client Service Operations Associate within JPMorgan Chase, you will play a pivotal role in managing the operations of the pre- and post-trading life cycle across all asset classes. Your expertise in trade lifecycle management will be crucial in ensuring all trades are processed on respective platforms, and in coordinating cash movements in and out of client accounts. You will be responsible for day-to-day operational functions including (1) firm and regulatory risk monitoring, (2) review and approval of collateral movements and (3) maintaining equity levels on margin loans. These functions are inclusive of providing first class client service to our Client Service Rep team that deal directly with our Prime Brokerage/Hedge Fund clients.

Job responsibilities

• Manage and optimize client collateral and monitor its movement.
• Answering of incoming margin settlement requests sent by clients, comparing them to JPMorgan's exposure and agreeing on the amount and type of asset to be moved.
• Continue development of the Prime Brokerage Margin Service offering.
• Prevent client payments from resulting in deficits and follow up on counterparty issues.
• Maintain a controlled environment by adhering to and updating operational procedures.
• Report significant issues to management and respond quickly to internal inquiries.
• Support reconciliations, resolve discrepancies, and assist with reporting and root cause analysis.
• Handle ad hoc management requests, operational investigations, and audit requirements.
• Regularly review processes, suggest improvements, and implement enhancements.
• Participate in strategic STP initiatives and manage complex change requests.
• Ensure full compliance with all control and educational requirements.

Required qualifications, capabilities, and skills

• Broker Dealer Operations experience of or similar background.
• Working knowledge of client service, cash funding, global settlements & exception remediation.
• Strong problem-solving & strategic thinking and should be able to develop solutions for clients and drive process improvements.
• Possess high accuracy & attention to detail,maintain precision and highly numerate, with strong proficiency in Excel and core systems.
• Possess strong communication skills, as the role involves detailed interactions across multiple lines of business and core processing areas.
• Work methodically, adhering to strict deadlines and perform well under pressure.
• Ability to proactively identify risks and confidently challenge stakeholders when controls may be compromised.
• Collaborate efficiently, support team goals, and foster a positive team environment.
• Take responsibility for mistakes, shares lessons learned and embrace feedback for growth.
• Strong analytical abilities and enthusiasm for digital automation tools.
• Series 99 and SIE licenses required to be obtained within 6 months of starting in role.

Preferred qualifications, capabilities, and skills

• Knowledge of Reg T, FINRA Rule 4210, SEC Rule 15c3-1 and SEC Rule 11d1 is highly preferred, with the ability to apply these regulations to ensure compliance in trade lifecycle management and margin requirements.

Please note this role is not eligible for employer immigration sponsorship.

Final Job Grade and officer title will be determined at time of offer and may differ from this posting.