Job DescriptionAs a Trade Support Associate in the Prime Finance Trading Services team, you will be responsible for ensuring that all trades executed are entered completely and accurately into the Risk Management systems and liaising with various other teams on issues related to Equity Swap trades: e.g. Product Control, Sales, Sales Support, Cash and Derivative Settlements, Client Services, Reconciliations, Technology, Business Management.
Job responsibilities- Performs core start-of-day and end-of-day controls to ensure Risk is correctly represented for Front Office
- Manages daily Equity Swap/derivative trade life cycle events (expiries, dividends, corporate actions, etc.)
- Ensures all trade capture and reporting exceptions are verified, cleared and escalated appropriately in a timely manner
- Liaises with various other Front Office, Middle Office and Back Office Teams on issues related to Cash Equity trades
- Performs continuous improvement of the pre and post trade controls environment
- Maximizes trade processing STP (Straight-through processing ) through tactical problem solving and root cause analysis
- Produces analysis for the trading desks and senior management
- Provides input into core projects including; industry-wide initiatives, regulatory, trading strategy, operational programs
Required qualifications, capabilities, and skills- Strong security and derivative products knowledge
- Operational experience
- Sound understanding of Equity Swaps, Cash Equities, Derivative products, trading workflows and corporate actions
- Experience in supporting Trading Desks in Prime/ Hedge Fund business
- Familiarity of various risk management systems and an advanced MS Excel skills
- Strong PC Skills : in particular Excel, Word and PowerPoint
- Excellent Analytical skills
- Excellent oral and written communication and presentation skills
- Confidence to communicate with senior managers effectively
- Strong problem-solving skills
- Strong work ethic and the ability to adapt to different business needs
Preferred qualifications, capabilities, and skills - Proficient in using trading platforms and software, with hands-on experience in navigating and optimizing these tools.
- Knowledgeable about regulatory requirements in the trading industry, ensuring compliance and adherence to industry standards.
- Skilled in leveraging digital literacy to adopt and integrate innovative technologies, enhancing trade services and operational efficiency.
- Capable of utilizing AI and machine learning to enhance trade service processes and improve decision-making, driving data-driven insights and outcomes.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
About the TeamJ.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.
