The role involves supporting FX trading operations, managing deals, monitoring FX exposure, and ensuring compliance with controls and processes.
Job Description
Job Summary:
Join our dynamic Sydney FX Middle Office team as a Trading Services Professional, supporting the electronic trading franchise as well as the FX voice sales desk. In this role, you will be responsible for managing and amending deals, monitoring orders, ensuring exposure alignment with franchise expectations, completing reconciliation checks, and ensuring that all controls are diligently performed. This role requires a keen understanding of FX fundamentals, risk management, and the ability to work collaboratively with various teams to mitigate risk and ensure smooth trading operations.
Key Responsibilities:
Requirements:
Beneficial Attributes:
Join us and be a part of a team that values collaboration, innovation, and excellence in the fast-paced world of FX trading.
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.
Job Summary:
Join our dynamic Sydney FX Middle Office team as a Trading Services Professional, supporting the electronic trading franchise as well as the FX voice sales desk. In this role, you will be responsible for managing and amending deals, monitoring orders, ensuring exposure alignment with franchise expectations, completing reconciliation checks, and ensuring that all controls are diligently performed. This role requires a keen understanding of FX fundamentals, risk management, and the ability to work collaboratively with various teams to mitigate risk and ensure smooth trading operations.
Key Responsibilities:
- Accurately capture all transactions in the Risk Management Systems in a timely manner.
- Monitor and manage FX exposure to align with franchise expectation.
- Complete intraday and end-of-day processes, including completeness and reconciliation checks, to ensure accurate processing of new trading activity and general book management.
- Collaborate 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.
- Communicate clearly and concisely with all internal and external stakeholders to ensure the timely and efficient resolution of queries.
- Participate in and contribute to various strategic initiatives; continuously improve and evolve processes and business architecture.
- Develop an in-depth understanding of all trading structures from both a financial and operational perspective.
- Work closely with FX Sales & Traders, providing an opportunity for professional growth and development.
Requirements:
- Clear communication skills with the ability to work collaboratively, explain, and challenge as appropriate.
- Strong attention to detail and a sense of ownership.
- Excellent team player capable of working in a pressurized and changing environment.
- Strong analytical and numerical skills.
- Proficient problem-solving, control, and project management skills.
Beneficial Attributes:
- Understanding of Foreign Exchange (FX) and FX Options (FXO) products.
- Knowledge of the front-to-back Operations process, including key elements such as confirmations, settlements, and regulatory reporting, and the ability to facilitate issue resolution across teams.
- Understanding of the key elements of other infrastructure groups (e.g., Finance, Market Risk, Credit Risk, Operational Risk, Legal, Collateral) and the impact of the Trade Support team's actions on these areas.
- Strong technical skills, particularly in Excel, Python or digital automation tools like Alteryx, Xceptor, etc.
Join us and be a part of a team that values collaboration, innovation, and excellence in the fast-paced world of FX trading.
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.
Top Skills
Alteryx
Excel
Python
Xceptor
Similar Jobs at JPMorganChase
Financial Services
The Analyst will support the lead Equity Strategist by conducting market analysis, collaborating on reports, handling client requests, and providing insights.
Financial Services
The Corporate Analyst Development Program offers students an opportunity to gain insights into the bank's operations and collaborate on management strategies.
Financial Services
The role involves managing client activities, supporting transactions across various sectors, collaborating with teams, and maintaining relationships with stakeholders.
What you need to know about the Sydney Tech Scene
From opera to comedy shows, the Sydney Opera House hosts more than 1,600 performances a year, yet its entertainment sector isn't the only one taking center stage. The city's tech sector has earned a reputation as one of the fastest-growing in the region. More specifically, its IT sector stands out as the country's third-largest, growing at twice the rate of overall employment in the past decade as businesses continue to digitize their operations to stay competitive.
