JPMorganChase

Trading Services [Multiple Positions Available]

JPMorganChase  •  $179k - $187k/yr  •  Jersey City, NJ (Onsite)  •  13 hours ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Duties: Oversee class action processes, collaborating with client account managers, legal teams, portfolio managers, and third-party vendors to ensure precise and timely filings. Initiate and implement strategic solutions in both corporate actions and class actions to enhance efficiencies, facilitate automation, and mitigate risk. Liase with stakeholders, including portfolio managers, third parties, and technology, operations, and legal teams. Develop and implement an oversight model for offshore teams, focusing on deliverables, including reporting, team meetings, random sampling, and continuous learning sessions. Collaborate with technology teams to build an oversight dashboard that reflects all key performance indicators. Manage Asset Servicing risk associated with global corporate actions, with a focus on operational risk management and delivering a positive client experience. Serve as an escalation point for inquiries. Develop a Corporate Action Risk Dashboard that provides a real-time view of client and firm exposure to elective events, working with Product and Technology teams. Communicate operations issues and remediation steps to senior management, ensuring an understanding of the control environment. Work on strategic initiatives for enrichment, manipulation, and data visualization. Support Fixed Income trade orders, ensuring flow to Middle Office systems, and provide support to portfolio managers, traders, and investment specialists. Develop and apply automation technologies to support trade processing, including settlements, profit and loss, and confirmations. Develop market products to understand each deal and contribute to the optimization of our trading platform. Drive continuous improvement efforts, while reducing risk across all touchpoints in the trade path.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Financial Risk Management, Finance, Business, or related field of study plus 5 years of experience in the job offered or as Trading Services, Asset Servicing Risk, Security Lending, Financial Analyst, or related occupation. The employer will alternatively accept a Bachelor's degree in Financial Risk Management, Finance, Business, or related field of study plus 7 years of experience in the job offered or as Trading Services, Asset Servicing Risk, Security Lending, Financial Analyst, or related occupation.

Skills Required: This position requires 5 years of experience with the following: Investigating cash and stock breaks, record date balancing, and payment processing of coupon and redemption events; Scrubbing and validating corporate action events, reconciling trading positions, managing claims of market buy and sell trades, and managing exceptions as related to Mandatory and Voluntary corporate action events; Supporting day-to-day operational processes and exception resolution; Planning, strategy & execution of technology integration and process automation; Analyzing security-level data and corporate action information using industry financial systems including Bloomberg, Markit, DTCC, TLM, and Broadridge applications.

Job Location: 575 Washington Blvd, Jersey City, NJ 07310.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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. In addition, please visit: https://careers.jpmorgan.com/us/en/about-us.

Full-Time. Salary: $179,088 - $187,000 per year.


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
Social Media