Cib - Margin & Collateral Associate - Bournemouth - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

Bournemouth, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The position is in the EMEA Treasury Operations team, in FDCO. The team is based in Bournemouth, and is responsible for Treasury and Margin functions including collateral settlement (Equities & bonds), FX processing, cash management and break investigation/resolution
**Responsibilities

Collateral management of client collateral holdings
The effective cash management of FDCO's bank accounts.
Adhere to operational procedures to ensure a controlled environment
Ability to review processes regularly and implement enhancements
Ensure all exchange and client deliveries are settled within settlement and exchange deadlines
Effective and accurate funding of exchange accounts during fixed income & equity deliveries
Processing of client FX transactions
Understand and ensure compliance with all control requirements
Identify process improvements and efficiency opportunities in daily workflow
Escalation of issues where appropriate to Management
Dealing with Client queries / issues on a timely basis
CASS responsibilities for cash and collateral obligations
Ad hoc request management and investigation of operational issues
Ability to understand and implement complex change requests within the F&O business
Assist with all Audit (internal and external) requests and prioritize accordingly in functions covered by the team
To work closely with global team
Operations teams are based in London, New York, Delaware, Chicago and various APAC locations
CASS responsibilities for cash and collateral obligations
Adhere to operational procedures to ensure a controlled environment
Participate in the implementation of strategic and ongoing STP initiatives

Skill Requirements / Competencies
A Treasury Operations Associate should possess the following skills:

Previous Operations experience with, ideally, a background in Derivatives/Futures & Options.
Knowledge of cash funding, global settlements & reconciliations are desired but not essential
Proven experience of effective relationship building with a wide variety of stakeholders, for example; Clients, Credit Execs and/or Business Partners.
Ability to organize, prioritise and manage multiple streams of work
Ability to troubleshoot and recommend strategic solutions
Strong attention to detail and must be able to demonstrate delivery track record
Ability to work independently under mínimal supervision
Ability to adhere to strict deadlines and procedures
Strong Risk and Control Awareness with the ability to push back on stakeholders when risk/controls could be compromised.
Excellent communication (written and verbal), analytical and interpersonal skills.
Ability to work effectively under pressure with an high accuracy rate
Must be highly numerate with good keyboard and core system (Outlook, Excel, Word) skills.
Ability to work as part of a team and be flexible during busy periods such as month end.
Strong oral and written communication skills.

The hiring manager for this job opening would be willing to have a conversation about flexibility. This could range from ad hoc flexibility in a full time position, to a more formal Flexible Work Arrangement. The hiring manager is not committing to offering this, just highlighting openness to having the conversation.
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.