Trading Services Associate - London, United Kingdom - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The Stock Borrow Loan (SBL) and Collateral Management Group (CMG) desks are part of the Equity Finance Business within the Corporate and Investment Bank.

As a desk they undertake various trade structures ranging from short coverage, financing, conduit lending and the facilitation of longer-term non-standard structured deals.

To support this they borrow stock from counterparties based globally and flow this stock through multiple legal entities onto the relevant risk entity.

Job responsibilities:

Provide close support to the trading desk, understanding the various trade flows and look at continuous ways to improve operational support
Timely and accurate execution of trade bookings, across recalls, Corporate Actions, returns and various inceptions and amends in trades lifecycle
Governance and oversight of the Stock Borrow Loan (SBL) fail activity, and constantly performing root cause analysis with support teams to better improve the fail landscape
Understand the Stock Borrow Loan (SBL) regulatory environment and perform trade bookings to remain compliant
Oversight and management of the PB rehypothecations and short cover processes
Ensure all controls are diligently performed and signed off on a timely basis.
Exercise initiative and judgement to resolve problems within a range of established policies and procedures, then seeking advise if required on more complex issues

Required qualifications, capabilities and skills:

Understand the Stock Borrow Loan (SBL) product and all the relevant trading structures and flows
Indepth knowledge and experience of working with front to back Operations process (including the key elements such as confirmations, settlements, and regulatory reporting) and facilitate issue resolution across teams
Good manager of stakeholders
Organised and able to prioritise, able to successfully manage that tradeoff between speed of execution and attention to detail
Possess strong analytical and numerical skills with s trong problem solving, control, and project management experience
Strong technical skills, especially in Excel (experience of Alteryx)

Preferred qualifications, capabilities and skills:

Tableau knowledge

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.

In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.