at J.P. Morgan
Bulge Bracket Investment BanksPosted 10 days ago
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**Trading Services Analyst** at JPMorganChase in Mumbai. Review CSDR penalties, investigate claims, ensure settlement accuracy, and support regulatory conformity. Key responsibilities include global market analysis, reconciliation, root cause analysis, and report generation. Required: equity experience, strong controls mindset, excellent communication, and adaptability to complex systems. Preferred: Cash Equities knowledge, innovator mindset, and global team collaboration.
- Compensation
- Not specified
- City
- Mumbai
- Country
- India
Currency: Not specified
Full Job Description
Location: Mumbai, Maharashtra, India
Join JPMorganChase and be at the forefront of optimizing our trading operations. This role offers a unique opportunity for career growth and skill enhancement, as you support the success of our trading and portfolio management businesses. Be part of a dynamic team where your expertise and development will drive impactful change and innovation.
As a Trading Services Analyst within JPMorganChase, you will be responsible for reviewing all the debits penalties incurred as part of the CSDR regulations and identifying the error party before passing on the charges or coordinating internally to resolve them at root, depending on recurrence patterns. Your role is also required to thoroughly investigate incoming claims, before ascertaining if JPM was indeed at fault, prior to making payments. Your role will involve ensuring accuracy in investigating the claims/charges incurred by reviewing the trade booking, confirmation, matching and settlement of the transactions. You will also collaborate with both internal and external counterparts to maintain stringent controls and promote process improvement.
Job Responsibilities:
As a Trading Services Analyst within JPMorganChase, you will be responsible for reviewing all the debits penalties incurred as part of the CSDR regulations and identifying the error party before passing on the charges or coordinating internally to resolve them at root, depending on recurrence patterns. Your role is also required to thoroughly investigate incoming claims, before ascertaining if JPM was indeed at fault, prior to making payments. Your role will involve ensuring accuracy in investigating the claims/charges incurred by reviewing the trade booking, confirmation, matching and settlement of the transactions. You will also collaborate with both internal and external counterparts to maintain stringent controls and promote process improvement.
Job Responsibilities:
- Investigate trade booking, allocation, and confirmation across global markets
- Perform reconciliations between middle and back office systems for booking
- Follow up on claims issued to broker/clients for
- Update cash SSIs for payment
- Review transactions were matched on time for settlement
- Understand compliance/regulations of local markets
- Conduct root cause analyses on issues or control gap
- Escalate urgent issues for swift resolution
- Produce daily reports with commentary and action plan
- Provide business control metrics to management daily
- Participate in projects for system implementation and improvement
Required Qualifications, Skills and Capabilities:
- Demonstrate a strong control mindset and business ethics
- Possess in-depth experience with equity products and global markets
- Communicate excellently with diverse stakeholders
- Adapt to complex systems architecture easily
- Drive global initiatives and affect change in large organization
- Deliver results through a "hands-on" approach
- Thrive in high-pressure environments with time-critical deliveries
Preferred Qualifications, Skills and Capabilities:
- Adequate knowledge of Cash Equities & Prime business, tradeflows and market nuances
- Good communication skills written and verbal
- Respond effectively to changing environments
- Innovate and suggest system improvement capabilities
Contribute to a collaborative and responsible environment
- Foster strong relationships with global teams and clients
