Job Description
Join our dynamic team as a Trading Services Associate! Leverage your expertise in trading structures and derivatives to drive accuracy and efficiency.
As a Trading Services Associate in our dynamic Trading Services team, you will play a crucial role in understanding and accurately capturing all trading transactions. You will work closely with various operations and infrastructure groups, ensuring diligent performance of all controls. Your contribution to strategic initiatives will help in improving and evolving our business processes. This role provides an opportunity to build an in-depth understanding of all trading structures from both a financial and operational perspective.
Job responsibilities
- Timely 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
- Clearly and concisely 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
- Understanding of 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)
- Understanding of the key elements of other infrastructure groups (i.e. Finance, Market risk, Credit risk, Operational risk, Legal, Collateral, etc.) and recognizing the impact of the actions of the Trade support team on these areas
- 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
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.
Top Skills
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