at J.P. Morgan
Bulge Bracket Investment BanksPosted 12 days ago
No clicks
**Margin & Collateral Analyst (Mumbai, India) - Lead Portfolio Reconciliation & Drive Efficiency in OTC Derivatives Operations. Requires 4+ years of operations experience, familiarity with Capital Markets & OTC Derivatives. Manage end-to-end collateral disputes, ensure regulatory compliance (CFTC, EMIR, NCMR), collaborate cross-functionally, and drive strategic automation initiatives. Excellent communication skills across diverse teams. Preferred: OTC confirmations, collateral management, reconciliation platforms experience.**
- Compensation
- Not specified
- City
- Mumbai
- Country
- India
Currency: Not specified
Full Job Description
Location: Mumbai, Maharashtra, India
Collateral Operations Team Leader role supporting OTC derivatives portfolio reconciliation, collateral dispute management, and regulatory compliance across global stakeholders.
As a Analyst within Collateral Operations, you lead portfolio reconciliation, regulatory adherence across applicable regimes, and cross-LOB metrics and strategic projects. You build and reinforce a culture of continuous improvement to support Back Office, Middle Office, and global teams. You partner with Operations and Technology stakeholders to deliver day-to-day business support and drive process enhancements.
Job Responsibilities
- Lead portfolio reconciliation activities and manage collateral disputes end-to-end.
- Investigate MTM breaks, including root-cause analysis tied to data quality and strategic initiatives.
- Proactively deep dive into upstream issues and drive fixes to minimize recurring breaks.
- Resolve breaks by partnering with Middle Office, Credit Risk, VCG, and other stakeholders.
- Ensure adherence to regulatory requirements, including CFTC, EMIR, and NCMR obligations.
- Execute UAT testing to validate enhancements, fixes, and process changes.
- Drive strategic automation initiatives to improve efficiency, controls, and scalability.
Required qualifications, skills, and capabilities
- Graduate or Post-Graduate with 4+ years of operations experience
- Familiarity with Capital Markets and OTC Derivatives, including products, processes, and systems
- Strong hands-on execution mindset with ability to drive results
- Excellent verbal and written communication skills across business and technical audiences
Preferred qualifications, skills, and capabilities
- Knowledge of CFTC, EMIR, and NCMR regulations
- Experience with OTC confirmations processes
- Experience with collateral management processes and controls
- Experience using reconciliation platforms supporting OTC derivatives operations
