JP Morgan Chase & Co.

Trade Lifecycle Associate II

JP Morgan Chase & Co. • $70K — $95K *
Newark, DE 19713In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 3+ years of experience in managing trade lifecycle processes with a focus on cash movements and funding for managed demand deposit accounts.
  • Proficiency in using automation technologies to optimize operations and implement process improvements.
  • Advanced knowledge of market products, operating procedures, and industry regulations relevant to trade lifecycle.
  • Proven project management skills, leading cross-functional teams and delivering results on schedule.
  • Strong data analysis skills, experienced in ledger reconciliation and resolving discrepancies.

Responsibilities

  • Oversee and manage funding for demand deposit accounts, ensuring accurate allocation of client funds.
  • Conduct comprehensive ledger reconciliations, promptly identifying and addressing discrepancies.
  • Collaborate with other departments to ensure proper funding and effective communication.
  • Validate internal processing instructions with attention to detail and a solid understanding of trade lifecycle processes.
  • Lead projects in partnership with Operations Departments to meet goals and deliver impactful results.
  • Contribute to process reviews, identifying inefficiencies and implementing effective solutions.
  • Ensure financial risk controls are in place, proactively addressing any identified gaps.
  • Support strategic initiatives, facilitating adoption of changes in collaboration with Product, Tech, and Change partners.

Benefits

  • Opportunity to work in a dynamic and collaborative environment.
  • Access to advanced analytical tools and automation technologies.
  • Exposure to various asset classes and trade lifecycle processes.
  • Support for professional growth and development within the organization.
Full Job Description
JOB DESCRIPTION
Join our team where you'll play a crucial role in ensuring accurate and efficient trade processing across all asset classes. Your advanced analytical skills and trade lifecycle expertise will be vital in solving complex problems, making impactful decisions, and ensuring compliance with industry standards.

As a Trade Lifecycle Associate II within JPMorganChase, you will play a pivotal role in managing the operations of the pre- and post-trading life cycle across all asset classes. Your expertise in trade lifecycle processes will be crucial in ensuring all trades are processed accurately and efficiently on respective platforms. You will be expected to apply your advanced analytical skills and broad understanding of the professional field to solve problems, make decisions that impact the department, and ensure compliance with technical standards and policies.
Your role will involve coordinating with various departments, managing cash movements in and out of client accounts, and preparing funding for managed demand deposit accounts. You will also be responsible for identifying process inefficiencies and implementing improvements, leveraging automation technologies, and managing projects effectively. Your ability to influence and manage internal stakeholders, coupled with your strong presentation skills and market product knowledge, will be key to your success in this role.

Job responsibilities
  • Oversee the preparation and management of funding for managed demand deposit accounts (DDA9s), ensuring proper allocation of wires to client/funding accounts within the appropriate threshold.
  • Conduct comprehensive reconciliation of ledgers using various systems and tools, identifying and addressing any discrepancies promptly.
  • Collaborate with other lines of business to facilitate proper funding, ensuring seamless coordination and communication.
  • Validate internal entries for processing and confirming instructions, applying a keen attention to detail and a thorough understanding of trade lifecycle processes.
  • Lead and manage projects in partnership with various Operations Departments, leveraging your project management skills to meet goals and deliver results.
  • Contribute to end-to-end process and operating model reviews, identifying areas for improvement and implementing effective solutions.
  • Ensure proper controls are in place to mitigate financial risks, proactively identifying and addressing any gaps.
  • Support strategic projects in partnership with Product, Tech, and Change partners, facilitating seamless change adoption with a key focus on strategic stack adoption.
  • Know the front to back Operations process (including the key elements such as confirmations, settlements, regulatory reporting) and facilitate issue resolution across teams.

Required qualifications, capabilities, and skills
  • 3+ years of experience in managing trade lifecycle processes, with a focus on cash movements and funding for managed demand deposit accounts.
  • Demonstrated proficiency in using automation technologies to optimize trade lifecycle operations and implement process improvements.
  • Advanced knowledge of market product definitions, operating procedures, and industry regulations, with the ability to apply this knowledge in day-to-day operations.
  • Proven ability to manage projects effectively, with experience in leading cross-functional teams and delivering results within set timelines.
  • Proficiency in data analysis and interpretation, with experience in using various systems and tools for ledger reconciliation and discrepancy resolution.

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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