at J.P. Morgan
Bulge Bracket Investment BanksPosted 14 days ago
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**Trade Services Associate I** at JPMorganChase in Mumbai, Maharashtra, India. Manage trade life cycle, reconcile systems, investigate risks, and enhance trade Straight-Through-Processing (STP). Leverage fixed income product knowledge and strong communication skills to collaborate and drive improvements. Ideal candidate: 5+ years in IB ops, fixed income expertise, risk consciousness, and excellent communication skills. Contribute to tech projects and grow in a dynamic environment.
- Compensation
- Not specified
- City
- Mumbai
- Country
- India
Currency: Not specified
Full Job Description
Location: Mumbai, Maharashtra, India
Are you ready to elevate your career in a fast-paced, innovative environment? You will have the opportunity to utilize and keep developing your skills while contributing to a team that values growth and collaboration. Join us and be part of a company that supports your professional journey and offers exciting challenges.
As a Trading Services Associate I within JPMorganChase, you will play a pivotal role in the seamless execution of trade activities, from order entry to settlement. While still developing, your expertise in market products and understanding of automation technologies will be instrumental in optimizing our trading services. You will be expected to leverage your proficiency in change management and continuous improvement to enhance the efficiency and resilience of our operating platform Your role will also allow you to keep developing your relationships with internal stakeholders, presenting insights to senior management, and driving process improvements. Your decisions will contribute and impact on short-term team and department goals, and you will often guide others in their work activities, contributing to the overall success of our trading services.
Job responsibilities
As a Trading Services Associate I within JPMorganChase, you will play a pivotal role in the seamless execution of trade activities, from order entry to settlement. While still developing, your expertise in market products and understanding of automation technologies will be instrumental in optimizing our trading services. You will be expected to leverage your proficiency in change management and continuous improvement to enhance the efficiency and resilience of our operating platform Your role will also allow you to keep developing your relationships with internal stakeholders, presenting insights to senior management, and driving process improvements. Your decisions will contribute and impact on short-term team and department goals, and you will often guide others in their work activities, contributing to the overall success of our trading services.
Job responsibilities
- End to end Client Trade Life cycle management including allocation, prematching, fails management, Reconciliation (FOBO / FOFO) etc.
- Reconciling the completeness of Trading Activity sent to Firms Surveillance system, REG W and RG K Checks
- Follow the Governance and Reporting Framework to report breaks - exposure to MO & Business Control Managers
- Performing Reconciliation activities between Front Office, Middle Office and Back Office Systems therefore maintaining a controlled environment
- Investigate Risk Management systems for economic breaks, raised by the back office of affiliates through the query management tools.
- Query management tools Work with Settlements, Confirmations & Accounting to review and assist with any settlement, confirmation and or accounting related queries/issues. Live Client interaction through mail and Client hotline.
- Interact back office / middle office to identify issues, challenges, disputes and take appropriate and corrective action to ensure timely settlement.
- Compile Ad-hoc reports that are requested by Front Office or other Middle / Back-office groups. Analyze trends and partner across teams to address issues and enhance trade STP
- Execute all prime record reconciliations not linked to trade execution of deals. This will involve the execution of these reconciliations and the investigation of breaks
- Participate and contribute to tech projects including UATs and new idea generation
Required Qualifications, Skills and Capabilities:
- Graduate with minimum 5+ years of work experience in Investment Banking Operations. Knowledge of Fixed Income products such as Cash Bonds and Repo.
- This role requires a wide variety of strengths and capabilities, including:
- Understanding of Fixed Income life cycle of a trade.
- Good understanding of the control environment. Has risk and control awareness.
- Knowledge of the front to back Operations process (including the key elements such as confirmations, settlements, regulatory reporting) and facilitate issue resolution across teams
- Understand 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 owners
