Trade Support, Associate

Fairygodboss; Newark (DE); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Comprehensive health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

Job summary

Fairygodboss is seeking a Trade Support professional to join the Middle Office Trade Support team in Newark, Delaware. The role involves ensuring business operations are well supported and controlled, with responsibilities including managing transaction flows and collaborating with various teams to enhance operational efficiency.

The ideal candidate will have a strong analytical mindset and 3+ years of relevant experience in Finance Operations. This position offers competitive remuneration and benefits.

Qualifications

• A minimum of 3 years of Trade Support or relevant Finance Operations experience.
• Strong analytical skills to understand sophisticated cross-asset products.
• Detail-oriented with a strong control mindset.

Responsibilities

• Understand transaction flows and controls pertinent to the TCIO portfolio.
• Work closely with the Funding Front Office for accurate collateral movements.
• Identify opportunities for technology development to support business flows.

Skills

Trade Support experience

Analytical skills

Detail-oriented

Effective organization

Communication skills

Interest in process improvement

Job description

The Treasury and the Chief Investment Office (TCIO) within JPMorgan is responsible for firm wide asset and liability management for one of the world's largest global financial institutions. Because it sits at the very center of the firm, TCIO directly influences the composition of the firm's balance sheet as well the activities of the firm's four main lines of business (LOBs): Asset & Wealth Management, Commercial Banking, Corporate & Investment Bank, and Consumer & Community Banking.

Working as a key member of the Middle Office Trade Support team supporting TCIO's North America activity, you will be responsible to ensure the business is well supported and properly controlled. Due to the constant evolution of business and regulatory initiatives, your role will necessitate your involvement in daily processes as well as special projects. You will work closely with Portfolio Managers to fully understand business drivers and support requirements, as well as colleagues within settlement, financial control, market risk, interest rate risk, liquidity risk, and technology.

A qualified candidate will possess a financial mindset, an appreciation for complex system flows and the controls necessary to ensure their accuracy, an aptitude for root/cause analysis, demonstrated people management skills, and an overriding eagerness to exhibit leadership and drive.

Job Responsibilities

• Understand all transaction flows and controls pertinent to the various set of products in the TCIO portfolio. Whether directly responsible, or managing via service level, ensure control processes operate effectively to quickly highlight potential issues in the lifecycle management of positions.
• Address and escape issues as they arise as a matter of urgency.
• Work closely with the Funding Front Office to ensure critical collateral movements and funding flows are successfully captured and settled.
• Work closely with the CIO Portfolio Managers to ensure accurate and timely capture of all executed activities.
• Identify opportunities and drive the development of technology to support business flows.
• Generate test cases and execute user acceptance testing to ensure new technology delivers and functions as expected.
• Participate in support of business initiatives, participate in global working groups with colleagues from other disciplines or other regions.
• Build and maintain strong business, operations and technology relationships.
• Participate within a strong team of professionals who are fully trained, engaged and contributing to the health of the business.

Required Qualifications, Capabilities and Skills

• A minimum of 3 years of Trade Support or relevant Finance Operations experience
• Strong analytical skills to understand a diverse set of sophisticated cross-asset products and complex end-to-end workflow
• Detail-oriented with a strong control mindset and experience in reconciliation across multiple systems
• Keen attention to detail and a methodical approach to problem solving
• Effective organization and communication skills
• Ability to multi-task & prioritize in a fast-paced environment
• Strong interest in process improvement, automation, and system enhancement
• Extensive financial instrument product knowledge
• Ability to self-motivate, drive urgently and deliver with fine attention to detail

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

Benefits

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.

Equal Opportunity Employer

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.