Trading Services Associate

Job Description

Leverage your expertise in trading structures, reconciliation, and controls to drive efficiency.

As a Trading Services Associate within our dynamic team, you will be tasked with understanding various trading structures to accurately record all transactions. Your role will also involve conducting reconciliation checks and ensuring that all necessary controls are performed efficiently and effectively.

Job responsibilities

• Captures all transactions in the Risk Management Systems
• Completes intraday/end of day processes including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been processed accurately
• Works closely with Operations functions and infrastructure groups to support a ‘one team approach’
• Ensures all controls are diligently performed, completed, and signed off on a timely basis
• Communicates with all support teams to ensure the timely and efficient resolution of queries
• Participates and contributes to the various strategic initiatives
• Keeps improving and evolving processes and business architecture
• Builds an in-depth understanding of all trading structures from both a financial and operational perspective
  
  

Required qualifications, capabilities, and skills

• Understands all relevant derivatives and hedging products (Interest Rate Swaps, Basis Swaps, Cross Currency swaps, Forward Rate Agreement (FRA), Foreign Exchange (FX), Zero Coupon and Overnight Index Swaps (OIS), Bond and Futures)
• Knowledge of the front to back Operations process (including the key elements such as confirmations, settlements, and regulatory reporting) and facilitate issue resolution across teams
• Understands the key elements of other infrastructure groups (i.e. Finance, Market risk, Credit risk, Operational risk, Legal, Collateral, etc.) and recognize the impact of the actions of the Trade support team on these areas
• Must have clear communication skills and an ability to use these to work collaboratively, explain, and challenge, as appropriate
• Attention to details and sense of ownership
• Great team player able to work in a pressurized and changing environment
• Strong analytical and numerical skills
• Strong problem solving, control, and project management skills
• Strong technical skills, especially in Excel
  Preferred qualifications, capabilities, and skills
• VBA

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

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.