Step into the pivotal role of Trading Services Specialist, where you'll drive the processing of market events for alternative financing and securities lending, ensuring seamless operations and impactful results.
As a Trading Services Specialist within the Securities Lending Asset Management (SLAM) team, you will offer essential back-office assistance to the trading desk, manage cash settlements, lending and investment trade support, along with client revenue processing. You should excel under pressure and deadlines, demonstrating flexibility and quick decision-making in unexpected situations, using sound judgment to act appropriately. You will have a keen attention to detail and the ability to plan ahead are crucial. Solid mathematical skills are advantageous for calculating receivables and reconciling them with actuals.
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Job responsibilities
- Review and match counterparties' deals and collateral postings as directed by the trading desk
- Coordinate daily mark-to-market of investment assets in our system
- Match and resolve cash breaks with Counter parties and other issues as required
- Lead and Identify innovation and process improvement opportunities
- Work on special research/reconciliation type projects from time to time to derive efficiencies
- Review and verify trade confirmations and release funds for cash reinvestment
- Calculate accruals and allocate investment earnings across all investment portfolios
Required qualifications, capabilities and skills
- 3 + years of Financial Services experience and working knowledge of Securities, Lending, and Custody products
- Demonstrates a robust ability to thrive in both team-oriented settings and independently
- Possesses exceptional verbal and written communication skills, with the capability to engage effectively across all levels of the organization
- Exhibits proficiency in operating within dynamic, deadline-driven environments, with a keen ability to prioritize tasks effectively
- Skilled in articulating complex scenarios, such as lending terms, investigations, and results, with clarity and precision
- Adaptable to fast-paced work environments, maintaining efficiency and focus
- Proven ability to manage and nurture relationships, both internally and externally
- Displays excellent numeracy skills alongside superior written and verbal communication abilities
- Possesses comprehensive knowledge of automation systems, including Alteryx, UI Path, Tableau, and Visual Basic for Applications (VBA)
- Possess an acute awareness of the significant financial risks associated with operational errors and negligence
Preferred qualifications, capabilities, and skills
- Ability to follow industry news and understand how this impacts daily processes and understanding of regulatory rules and controls
- Attention to controls and oversight
Optional additional information:
This position is not eligible for H1B or Sponsorship
ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.