Job Description
Are you ready to be part of a dynamic team driving growth in Agency Securities Finance Operations? As a Trade Support Associate, you'll play a crucial role in supporting our Discretionary Securities Lending businesses. Join us to leverage your expertise, collaborate with global teams, and contribute to the expansion of our operations. We offer a platform for career growth, where your skills and dedication will make a significant impact.
As a Trade Support Associate within the Agency Securities Finance Operations team, you will provide operational support for our Securities Lending and Cash Reinvestment Trading desks. You will monitor client sales, ensure adequate inventory for settlement, and assist the trade desk with various tasks. Additionally, you are essential in maintaining efficient operations and supporting the growth of our business.
Job responsibilities
- Provide operational support for the Securities Lending and Cash Reinvestment Trading desks
- Monitor client sales, and ensure adequate inventory for settlement
- Assist the trade desk to recall or swap positions for proxy events, buffer management, equity rebalances and client transitions
- Monitor Securities Lending trades to ensure settlement, liaising directly with counterparties and agent banks
- Provide oversight and escalation support for Asia Pacific events - Corporate Actions and Manufactured Income
- Process and monitor of Reinvestment Desk trades to ensure settlement
- Ensure sufficient collateral is maintained at all times for the stock on loan in our Discretionary program, including cash and non-cash collateral, and bilateral repos reviewing and reporting on daily compliance data
- Provide metrics and associated commentary to senior operations managers
- Train and develop junior staff
- Focus and drive efficiencies, utilizing digital tools such as Alteryx, Xceptor, Tableau and Python
- Drive changes to the control and automation agendas
Required qualifications, capabilities, and skills:
- At least two years of experience in Securities Lending, Collateral Management, Settlements, or Trade Support
- Sound knowledge of Global Financial Markets
- Proven track record in a dynamic operations environment
- History of process improvements
- Good understanding of Microsoft Excel
- Exposure to digital tools like Alteryx, Xceptor, Tableau, and Python
- Understanding of custodian workflows
- Strong controls focus
Preferred qualifications, capabilities, and skills:
- Experience in a fast-paced, high-pressure environment
- Strong analytical and problem-solving skills
- Excellent communication and presentation skills
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.