NY Rates Sales Trade Support
Apply NowCompany: JP Morgan Chase & Co.
Location: New York, NY 10025
Description:
Job Description
Join our dynamic NA Global Rates Marketing Middle Office team as an Analyst, where you'll provide crucial operational support for interest rate derivative trades. Engage with clients and internal teams to ensure seamless trade processing and swift issue resolution, enhancing the JPM client experience with tailored solutions.
Job Summary:
As an Analyst in the NA Global Rates Marketing Middle Office, You will perform all aspects of operational support for derivative trades executed by marketers. You will ensure that client trades are captured and processed timely, comply with trade processing controls and regulatory requirements, and act as a single point of contact for queries from marketers, clients, and internal teams. Your role will involve onboarding clients to preferred electronic matching utilities and participating in cross-business client service initiatives. You will leverage your product knowledge and system expertise to analyze complex operational issues and deliver fast, customized solutions. You will actively participate in technology enhancement programs that minimize operational burdens for salespeople and enable excellent operational experiences for JPM clients.
Job Responsibilities:
Required Qualifications, Capabilities, and Skills:
Preferred Qualifications, Capabilities, and Skills:
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.
Join our dynamic NA Global Rates Marketing Middle Office team as an Analyst, where you'll provide crucial operational support for interest rate derivative trades. Engage with clients and internal teams to ensure seamless trade processing and swift issue resolution, enhancing the JPM client experience with tailored solutions.
Job Summary:
As an Analyst in the NA Global Rates Marketing Middle Office, You will perform all aspects of operational support for derivative trades executed by marketers. You will ensure that client trades are captured and processed timely, comply with trade processing controls and regulatory requirements, and act as a single point of contact for queries from marketers, clients, and internal teams. Your role will involve onboarding clients to preferred electronic matching utilities and participating in cross-business client service initiatives. You will leverage your product knowledge and system expertise to analyze complex operational issues and deliver fast, customized solutions. You will actively participate in technology enhancement programs that minimize operational burdens for salespeople and enable excellent operational experiences for JPM clients.
Job Responsibilities:
- Perform operational support for derivative trades, including inception/execution, client setup, booking verification, client trade check out, MWIRE affirmation, confirmation review, and sales revenue reconciliation.
- Comply with all trade processing controls and regulatory requirements.
- Respond quickly to marketer or client requests and queries.
- Escalate problematic trades to Sales, Middle Office, and Operational Management as required.
- Act as a single point of contact for queries from marketers, clients, and internal teams, including Risk Middle Office, Reference Data Team, Confirmations, DTCC, Settlements, Valuations, Collateral, Legal, Credit, and Audit.
- Onboard clients to preferred electronic matching utility (MarkitWire).
Required Qualifications, Capabilities, and Skills:
- Bachelor's degree required with a strong GPA.
- Minimum of 1 year of related experience in derivatives.
- Motivated, high-energy individual who works well under pressure and is resilient.
- Knowledge of Swaps, Options, Swaptions, Caps and Floors, and general knowledge of exotic derivative products.
- Knowledge of relevant Dodd-Frank Act & EMIR regulations.
- Excellent client service skills.
- Excellent Excel skills.
- Strong written and verbal communication skills.
Preferred Qualifications, Capabilities, and Skills:
- Experience in a fast-paced, deadline-driven environment.
- Ability to collaborate effectively with cross-functional teams.
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.