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Chase · 2 hours ago

Associate I - Trade Lifecycle

500 Stanton Christiana Rd, Newark, DE, 19713, US

Full-time

Onsite

Entry Level

2+ years exp

JPMorgan Chase is one of the oldest financial institutions, and they are seeking a Trade Lifecycle Associate I to manage the pre- and post-trading life cycle. The role involves ensuring seamless trade processing, managing cash movements, and improving operational processes while collaborating with various stakeholders.

BankingFinancial Services

Responsibilities

Support trade processing platforms through the monitoring and resolution of complex issues

Interact daily with clients, internal stakeholders, counterparties, traders, custodian banks and senior management

Identify trade discrepancies as well as mitigate the risks related to the trade life cycle

Contribute to the review and improvement of end-to-end trade lifecycle processes, applying knowledge of process improvement methodologies to optimize operations

Support strategic projects in partnership with Product, Tech, and Change partners, applying change management skills to ensure seamless adoption of new processes and technologies

Understand Risk Management and should be able to manage the issues exceptions above materiality thresholds for resolution

Ensure all day-to-day queries dealt with within required SLAs and escalate issues to the team leader

Perform root cause analysis for their respective clients to increase Straight Through Processing (STP) and reduce client inquiries

Will be required to master the complexities of many equity and fixed income products as well as gain a solid understanding of our business model and infrastructure

Review existing controls and procedures - identify where processes can be improved through technology such as automation

Develop and implement effective Operational Risks analytics – ability to deliver deep, thoughtful analysis to identify CIB level risks and measure the overall health of the CIB Control Environment

Qualification

Cash movements managementProcess improvement methodologiesAutomation technologiesFinancial markets knowledgeData reconciliation toolsStakeholder engagementProject managementInternal stakeholder managementRisk mitigationMulti-taskingPresentation skills

Required

2+ years of experience or equivalent expertise in managing cash movements and preparing funding for managed demand deposit accounts (DDA's)

Demonstrated proficiency in using various systems and tools for financial data reconciliation and ledger management

Advanced skills in process improvement methodologies, with a track record of optimizing operations in a financial services environment

Experience in managing strategic projects in partnership with Product, Tech, and Change partners, with a focus on change management and stakeholder engagement

Proficiency in automation technologies and systems architecture, with a focus on implementing automation optimization and initiatives in a trading environment

Exposure to business intelligence tools (I.E. Tableau, Alteryx, UiPath, OwlDQ); comfortable working with data

Ability to work in a fast paced deadline driven environment with an emphasis on risk mitigation and efficiency

Strong knowledge of financial markets and products

Ability to prioritize and multi-task

Preferred

Prior custody/treasury operation services, markets operational experience

Understanding of SWIFT, Cross Border Payments, Foreign Exchange, Trade life cycle, Reconciliation rules and Global Custody

Self-starter, ability to learn quickly, Strong leadership skills with focus to mitigate risks and taking proactive approach to ensure 'Best in Class' results

Bachelor degree in Finance or related field and/or equivalent work experience preferred

Proficient with Excel, Word, Access, PowerPoint. VBA and SQL knowledge is a plus