JPMorganChase

Cash and Controls Associate I

JPMorganChase  •  Newark, DE (Onsite)  •  2 hours ago
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Job Description

Are you ready to elevate your career in a fast-paced, innovative environment? The Prime Brokerage department provides packaged services to hedge funds and professional investors, enabling them to finance their investment activities through a bespoke range of products tailored to their needs. Our services include Global Custody, Securities Lending, Financing, and Margin Solutions.



As an Associate in our Prime Brokerage team, you will have the opportunity to develop your skills while contributing to a collaborative group that values growth and learning, you will join us and be part of a company that supports your professional journey and offers exciting challenges. This is an excellent opportunity for a motivated professional seeking to make a difference in a supportive and dynamic environment. You’ll work alongside individuals with diverse skills and backgrounds, united to achieve common goals through excellence and creativity. The successful applicant will be required to successfully obtain their FINRA Series 99 certification within 12 months of their start date.

Job responsibilities

  • Process payments and review incoming cash wires for institutional and retail clients
  • Apply and monitor payment controls, ensuring adherence to standards
  • Investigate and resolve cash and control breaks
  • Liaise with global partners and stakeholders to resolve reconciliation issues
  • Perform and help design key controls across the trade lifecycle process
  • Analyze and identify opportunities to increase STP (Straight Through Processing)
  • Support the development and revision of company and department policies and procedures
  • Ensure timely completion of work items
  • Prepare and analyze metrics

Required qualifications, capabilities, and skills

  • Experience using automation technologies to optimize systems and processes
  • Knowledge of market products, operating procedures, and relevant industry regulations
  • Proactive approach to problem solving and ownership of issues
  • Strong time management and ability to deliver under pressure
  • FINRA licensing: SIE + Series 99 (or willingness to obtain)
  • Data analysis skills and ability to communicate insights effectively
  • Ability to create and deliver presentations to management and stakeholders

Preferred qualifications, capabilities, and skills

  • Experience in financial services, especially Corporate Banking
  • Payments understanding and background
  • Experience within Prime Brokerage, Securities Settlements, or Asset Servicing
  • Reconciliation experience
  • Analytical skills

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

JPMorganChase

About JPMorganChase

With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

We serve millions of customers and many of the world’s most prominent corporate, institutional, and government clients daily, managing assets and investments, offering business advice and strategies, and providing innovative banking solutions and services.

Social Media Terms and Conditions: https://bit.ly/JPMCSocialTerms

© 2024 JPMorgan Chase & Co. All rights reserved. JPMorganChase is an Equal Opportunity Employer, including Disability/Veterans.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
New York, NY
Year Founded
Unknown
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