Join JPMorganChase and be at the forefront of optimizing our trading operations. The Stock Borrow/Loan (SBL) desk is part of the Prime Finance organization and supports a broad set of equity finance trade structures, including short coverage, financing, conduit lending, dividend yield enhancement, and longer-term structured solutions. To enable these activities, SBL borrows securities from counterparties across multiple jurisdictions and manages the operational flow of positions through relevant legal entities to the appropriate risk entity.
As a Stock Borrow/Loan Middle Office Analyst within JPMorganChase, you will be play a pivotal role in facilitating and controlling the end-to-end lifecycle of Equity Borrow/Loan activity in North America. You will partner closely with Front Office, clients, and external counterparties to ensure timely trade processing, accurate collateral management, effective exception resolution, and adherence to regulatory and internal control requirements. Your core responsibilities include regulatory reporting support, client onboarding coordination, collateral (cash and securities) management, reconciliations, and oversight of trade lifecycle-related cash flows and breaks.
Job responsibilities - Perform daily collateral and exposure monitoring, ensuring appropriate margining and timely calls/returns.
- Support end-to-end processing for equity borrow/loan transactions, including settlements, rate changes, corporate action impacts, and lifecycle events.
- Investigate and resolve trade exceptions, breaks, and cash/stock discrepancies; maintain strong ownership of key reconciliations and controls.
- Act as a day-to-day point of contact for Front Office, clients, and external counterparties; escalate issues appropriately and proactively.
- Support regulatory reporting and ongoing control obligations, ensuring accurate, complete, and timely deliverables.
- Partner with KYC, Legal, Credit, and internal stakeholders to support new and incremental client onboarding and maintenance activities.
- Produce daily/weekly metrics for key risk indicators (KRIs) and performance measures; provide clear updates to management.
- Identify opportunities to improve controls, reduce operational risk, and increase efficiency through standardization and use of digital/automation tools.
Required qualifications, capabilities and skills - Strong attention to detail with a high degree of accuracy in numeric and process-driven work
- Clear, professional communication skills with the ability to build effective relationships across diverse internal and external partners
- Ability to prioritize and deliver under tight deadlines in a fast-paced environment
- Strong analytical and problem-solving skills, including root-cause analysis for breaks/exceptions
- Collaborative, team-oriented mindset with accountability and a proactive approach to issue ownership
- An understanding of how Operations/Middle Office partners with trading, risk, legal, credit, and controls functions
- Demonstrated commitment to operating within policies, controls, regulatory requirements, and escalation protocols
- Proficiency in Microsoft Excel, comfort with data analytics and operational tooling (or strong willingness to learn)
Preferred qualifications, capabilities and skills - Previous experience in Finance industry (operations roles) is preferred
Availability to work from 8am to 6pm, with certain days going until 7pm based on daily volumes. ABOUT USJPMorganChase, 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 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.
