JP Morgan Chase & Co.

Margin&Collateral Specialist IV

JP Morgan Chase & Co. • $80K — $95K *
Newark, DE 19702In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Desire to thrive in a fast-paced work environment
  • Self-motivated with a strong desire to learn and grow
  • Excellent time management and organizational skills
  • Ability to prioritize tasks under pressure
  • Attention to detail and process-oriented mindset

Responsibilities

  • Maintain a client-focused approach while managing multiple deadlines
  • Process and manage margin calls, ensuring client transparency
  • Verify eligibility of all transfers based on legal agreements
  • Address client inquiries and coordinate with relevant internal teams
  • Identify and resolve disputes relating to collateral and settlements
  • Conduct risk mitigation across operational, financial, and reputational dimensions
  • Build strong relationships with both internal and external stakeholders

Benefits

  • Opportunity to work closely with high-profile clients in the finance industry
  • Gaining behind-the-scenes insight into market operations and business functions
  • Fostering partnerships across various departments within the firm
  • Professional development through exposure to financial products
  • Engagement in a supportive team environment with a collaborative culture
Full Job Description
Job Description

As a Margin and Collateral specialist within Market operations, you will help drive our clients' business forward, while getting a behind-the-scenes look at how our own businesses run, you'll work on implementing new ideas to improve and enhance our client services - driving increased productivity and efficiencies for our clients and the firm.

The Collateral Services Team supports bilateral OTC derivative collateral requirements and all related settlements. The Client Service Representative will deal primarily with buy-side clients (Hedge Funds, Investment Advisors/Asset Managers) and will develop partnerships internally with various Marketers/Salespeople, individuals in Prime Brokerage, Credit Executives, Middle Offices, and Line of Business Operations Teams.

Job responsibilities

  • Remain client focused, able to work independently under strict deadlines with limited supervision, be control oriented
  • Process efficiently and accurately both outgoing and incoming margin calls and provide transparency to the client on the margin call when needed
  • Ensure all transfers agreed are eligible under the appropriate legal document
  • Respond to client inquiries, and when needed, coordinate with the appropriate Front/Middle Office as well as the core processing area in order to facilitate resolution
  • Identify and resolve client disputes related to both collateral and trade settlement discrepancies
  • Perform Risk Mitigation (Operational, Financial and Reputational)
  • Maintain and build excellent relationships with both internal partners and external clients


Required qualifications, capabilities, and skills

  • Desire to work in a fast-paced environment
  • Self-motivated, enthusiastic with a great appetite to learn and develop new skills
  • Excellent time management skills and the ability to organize and prioritize work in a busy environment with the ability to work under pressure and to deadlines


Preferred qualifications, capabilities, and skills

  • Previous exposure to financial products including securities and derivatives instruments advantageous but not essential
  • Process oriented with strong attention to detail, highly entrepreneurial, creative, open-minded, persistent, highly collaborative and with a passion for delivering business results
    Work schedule
  • This role requires full five days in office


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.

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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