Margin and Collateral - Associate

Job Description

As an Associate in Collateral Operations, you will be responsible for Margin calls Settlements, Nostro reconciliation, adherence for all controls and regulations, cross LOBs metrics and projects and building the culture of Continuous Improvement supporting business across Back Office, Middle offices as well as Global teams. The individual will be interacting with multiple Operations & technology teams within the organization to (re)design process.

Job Responsibilities

• Same day settlement/Exception management of Margin Calls
• Nostro Investigations on VD+1
• Supervisory controls around collateral exposure management
• MTM Breaks: Including Data Quality, strategic projects etc.
• Continuous Focus on deep dive and fixing on upstream issues to keep the breaks to minimum.
• Resolving Breaks with CSR’s
• UAT testing
• Improving controls in the process & ensure 100% accuracy and compliance to Regulatory rules
• Manage any new analysis requirements across multiple stakeholders 
• Regular update to senior management on BAU, projects etc 
• Strategic automation projects

Required qualifications, capabilities and skills

• CA/ MBA with 6+ years / Graduate or Post-Graduate with 8+ years’ experience in operations.
• Experience on Collateral Management and Derivative Settlements 
• Familiarity with a Capital Markets & OTC Derivatives i.e. Investment Banking, including OTC product, process and system knowledge. 
• Ability to drive results through a "hands-on" approach 
• Excellent verbal and written communication skills, and adept at communicating with all levels of the business and technical parts of the organization 
• Skilled in MS office applications including Outlook, PowerPoint, Excel, Word, Access and Project 
• Can operate effectively in a dynamic environment with tight deadlines, and can prioritize one's own and team’s work to achieve them 
• Flexibility to work global hours and willing to travel globally, if needed

JPMorgan Chase & Co., 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 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.