JP Morgan Chase & Co.

Margin and Collateral Analyst

JP Morgan Chase & Co. • $95K — $115K *
New York, NY 10017In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field or equivalent experience
  • Strong project management skills and experience
  • Ability to organize, prioritize, and manage issues effectively
  • Sound independent judgment, with an understanding of escalation procedures
  • Detail-oriented with strong analytical skills
  • Self-motivated and capable of working independently
  • Proficient in Excel

Responsibilities

  • Set up collateral agreement terms in credit systems for compliance monitoring
  • Monitor collateral daily and address non-compliance issues with Credit and Bankers
  • Manage intraday transaction requests and assess collateral adequacy
  • Oversee amendments to agreement terms, ensuring accurate updates in systems
  • Handle third-party pledges and maintain accurate system valuations of external assets
  • Engage in defect identification and User Acceptance Testing (UAT) for credit systems
  • Lead initiatives to address control gaps and improve processes

Benefits

  • Comprehensive health insurance options
  • Retirement savings plan with company match
  • Opportunities for professional development and training
  • Flexible work arrangements
  • Employee resource groups and diversity initiatives
Full Job Description
JOB DESCRIPTION

As a Margin and Collateral Analyst within the Credit Operations group, you will be expected to develop a deep understanding of the Credit business and all collateral functions, applicable regulations and policies to provide oversight and guidance to this group daily. In this role, you will work very closely with Credit Operations leadership, Risk, Capital Advisory, Bankers, Client Service, Centralized Lending, underwriting as well as technology, compliance and legal personnel to manage collateral and secured or unsecured credit exposure, execute client requests, identify and escalate credit issues, and manage risk.

Job Responsibilities

  • Set-up agreement terms regarding collateral in credit systems for ongoing compliance monitoring. If credit systems cannot support the monitoring of the arrangement, set-up the agreement for monitoring offline
  • Monitor collateral daily and identify non-compliant scenarios. Confirm the accuracy and escalate to Credit and Bankers for resolution plan and date determination
  • Manage requests for intraday transactions and approve if collateral position and/or covenant compliance is adequate.Intraday transactions are inclusive of cash and security movement within pledged accounts as well as loan and letter of credit draw downs
  • Manage amendments to original agreement terms, including lending value and covenant requirement changes and ensure they are accurately reflected in credit systems for ongoing compliance monitoring
  • Manage third party pledge scenarios when the client27s exposure secured by assets held internally is external to JP Morgan and when the client27s exposure secured by assets held externally is internal to JPM. Regularly update credit system valuations regarding the external assets
  • Participate in credit system defect identification, User Acceptance testing (UAT), and ongoing business requirement discussions
  • Manage initiatives to resolve control gaps and enhance current processes for further efficiency and effectiveness as needed

Required qualifications, capabilities and skills

  • Bachelor27s degree in a relevant field or equivalent experience
  • Strong project management skills 6 experience managing process reengineering initiatives
  • High-level of proficiency in organizing, prioritizing, and managing issues
  • Strong independent judgment and awareness of appropriate escalation
  • Attention to detail, strong analytic skills
  • Must be self-motivated and able to work independently
  • Strong excel skills

Preferred qualifications, capabilities and skills

  • Knowledge of bank systems and loan/credit operations a plus
  • Operational Management experience

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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