Trading Services [Multiple Positions Available]

JPMorganChase; Chicago (IL); On-site; USD 139,000 - 163,000; Full time

Benefits offered by this job

Health coverage

On-site wellness centers

Retirement savings plan

Tuition reimbursement

Mental health support

Financial coaching

Job summary

JOB LOCATION: Chicago, IL. JPMorganChase seeks a senior leader to manage futures and derivatives clearing operations, ensuring accurate trade capture, allocation, and reconciliation across exchanges, clients, and clearing houses.

Lead market-specific clearing projects and drive efficiency while ensuring compliance with CFTC, NFA, and exchange rules. The role requires collaboration with front office, trading desks, technology, compliance, and audit, plus supervising daily team activities and

Qualifications

• Bachelor's degree in Business Administration, Business Management, or related field plus seven (7) years of experience in the job offered or related occupation.
• Master's Degree in Business Administration, Business Management, or related field plus five (5) years of experience in the job offered or related occupation.
• Five (5) years of experience with executing post-trade workflows using exchange-traded derivatives.
• Applying CFTC, NFA, and exchange rules in operational workflows; operating exchange interfaces CME FEC, ICE FEC, OCC Encore.
• Operating Fidelity Investor Services applications including ClearVision, FIS Cleared Derivatives, and Global Market Interface.

Responsibilities

• Coordinate and oversee futures/derivatives clearing operations.
• Ensure accurate trade capture, allocation and reconciliation.
• Manage process improvements and KPI/SOP controls.
• Collaborate with front office, tech, compliance, and legal teams.
• Handle client escalations and audit inquiries.
• Supervise workload and provide performance feedback.

Skills

executing post-trade workflows

applying CFTC, NFA, and exchange rules

exchange interfaces CME FEC / ICE FEC

Fidelity Investor Services apps (Clear

Education

Bachelor's degree in Business Administration/related field

Master's degree in Business Administration/related field

Tools

CME FEC

ICE FEC

OCC Encore

ClearVision

FIS Cleared Derivatives

Global Market Interface

Alteryx

Job description

Duties

Manage the futures and derivatives clearing operations team, ensuring precise trade capture, allocation, and reconciliation across exchanges, clients, and clearing houses such as CME Group, ICE, and OCC. Ensure the timely completion, review, and sign-off of all operational controls, while maintaining strict compliance with CFTC, NFA, and relevant exchange regulations. Lead and manage market-specific clearing projects, driving initiatives that focus on innovation, operational efficiency, and the exploration of new business opportunities. Identify and implement process improvements across trade and client workflows, collaborating with internal stakeholders including front office, trading desks, technology, compliance, legal, and other operations teams. Address and resolve client escalations and ad hoc inquiries from clients, legal, compliance, and audit functions. Supervise daily team activities, including workload distribution, performance feedback, personnel actions, and cross-training initiatives.

Description

JOB DESCRIPTION

Duties: Manage the futures and derivatives clearing operations team, ensuring precise trade capture, allocation, and reconciliation across exchanges, clients, and clearing houses such as CME Group, ICE, and OCC. Ensure the timely completion, review, and sign-off of all operational controls, while maintaining strict compliance with CFTC, NFA, and relevant exchange regulations. Lead and manage market-specific clearing projects, driving initiatives that focus on innovation, operational efficiency, and the exploration of new business opportunities. Identify and implement process improvements across trade and client workflows, collaborating with internal stakeholders including front office, trading desks, technology, compliance, legal, and other operations teams. Address and resolve client escalations and ad hoc inquiries from clients, legal, compliance, and audit functions. Supervise daily team activities, including workload distribution, performance feedback, personnel actions, and cross-training initiatives.

Qualifications

Minimum education and experience required: Bachelor's degree in Business Administration, Business Management, or related field of study plus seven (7) years of experience in the job offered or as Trading Services Manager, Associate/Transaction Processing Manager, or related occupation. The employer will alternatively accept a Master's Degree in Business Administration, Business Management, or related field of study plus five (5) years of experience in the job offered or as Trading Services Manager, Associate/Transaction Processing Manager, or related occupation.

Skills Required: This position requires five (5) years of experience with the following: executing post-trade workflows using exchange-traded derivatives. This position requires any amount of experience with the following: applying CFTC, NFA, and exchange rules in operational workflows; operating exchange-specific user interfaces including CME FEC, ICE FEC, and OCC Encore; operating Fidelity Investor Services applications including ClearVision, FIS Cleared Derivatives, and Global Market Interface; Streamlining workflows, automating processes, and implementing controls to review KPIs and SOPs; developing and enhancing exchange reconciliations using Alteryx workflows.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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. In addition, please visit: https://careers.jpmorgan.com/us/en/about-us.

Job Location: 10 South Dearborn St, Chicago, IL 60603.

Full-Time. Salary: $138,599 - $163,000 per year.

About Us

JPMorganChase, 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

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.