Job Description
As an Operations Trade Lifecycle Associate in our Peru Office, you'll be responsible for performing/supervising reconciliations to verify trade positions, Fixed Income, FX and Money Market settlements in Peruvian Market, focusing continuous improvement , process re-engineering and automation.
Responsibilities:
- Complete 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
- Prepare and supervise regulatory reports to Peruvian regulators.
- Investigate and provide solutions to various queries from settlements and confirmations.
- Produce MIS Reports.
- Complete operations projects and ad hoc requests to satisfy new initiatives and operations/technology enhancements (new system implementations)
- Complete 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
- Work closely with Operations functions and infrastructure groups to support a 'one team approach'
- Ensure all controls are diligently performed, completed, and signed-off on a timely basis
- Clear and concise communication with all support teams to ensure the timely and efficient resolution of queries
- Participate and contribute to the various strategic initiatives; keep improving and evolving processes and business architecture
- Build an in-depth understanding of all trading structures from both a financial and operational perspective
- Understand local regulations to accurately prepare and validate regulatory reports.
- Intraday and forecasted cashflow for the Local Legal Entity.
- Review and validate all payments are executed complying with local and corporate standards.
This role requires a wide variety of strengths and capabilities, including:
- LBTR / CAVALI knowledge is desirable to perform day to day activities.
- Understand all relevant fixed income and fx derivative products (Interest Rate Swaps, Cross Currency swaps, Foreign Exchange (FX), Zero Coupon and Overnight Index Swaps (OIS))
- Knowledge of the front to back Operations process (including the key elements such as confirmations, settlements, regulatory reporting) and facilitate issue resolution across teams
- Understand the key elements of other infrastructure groups (i.e. Finance, Market risk, Credit risk, Operational risk, Legal, Collateral etc.) and recognize the impact of the actions of the Trade support team on these areas
- Must have 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
- Possess strong analytical and numerical skills
- Strong problem-solving, control, and project management skills
- Strong technical skills, especially in Excel (VBA is a plus)
- Previous experience in Finance industry (operations roles) is preferred
- BA or BS degree preferred (either Economics or Industrial Engineer preferred
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.
