J.P. Morgan is a leading global financial services firm, established over 200 years ago:
- We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.
- We have assets of $3 trillion and operations worldwide
- We operate in more than 100 markets.
- We have more than 243,000 employees globally.
Our corporate functions support the entire organization and include the following functions: Accounting, Audit, Finance, Human Resources, Operations, and Technology.
Job Description:
Trade Support is responsible for trade confirmations, trade reconciliations, trade reporting, trade repairs, Fails Reporting and follow-up, Processing of Time Deposits, Confirm-affirm for Muni Bonds etc. This function includes multiple sub-processes involving working with CAM’s/Front office and Portfolio Managers across trade confirmations and settlements
Scope of responsibilities:
- Participate in Business and Operations meetings; effectively demonstrate and communicate workflows, best practices and technologies
- Plan, schedule and manage all deliverables within the team
- Effective monitor of deliverables to ensure high SLA compliance within set accuracy standards
- Ensure adherence to all internal and external standard procedures and best practices
- Address and/or escalate all material issues in a detailed & timely manner
- Review of the operating processes to enhance efficiency, automation and improve controls
- Liaise closely with the Manager to identify and implement on the job training initiatives for team members; own team related duties including vacation management, performance appraisals, etc.
- Ensure high standard of training and competence of team members while ensuring that succession plans are in place with strong career development focus for all those within the team
- Required to understand trade support across Investment Manager or Investment Banking Ops.
- Trade Support is critical and financially very sensitive function. This team supports the Portfolio Management Groups,, Front Office . Hence hands on approach required from monitoring and working through the trades, exceptions, risk, real time dialogue with different desks. Claims/Fails and breaks have to be minimum across products
- Analytical – Be able to analyze the process flows and ideate on operational improvements
- Leadership skills, must have the capability to build good working relationships with cross functional/geographical teams.
- A proactive approach to people, problem which impact client experience and own the issues and having the determination to follow things through till closure.
- Communication (Spoken – Assertiveness & Written) – Ability to communicate effectively and assist Client Service Specialists with queries/investigations.
- Ability to drive operational discipline as day in life since financially very sensitive functions
- Adaptability - Ability to perform in a fast-paced environment and handle multiple tasks through effective prioritization
Control orientated and Risk awareness is essential to confront audit and other comply with the regulatory asks