JPMorgan Trading Services Manager - Vice President 

India 

716832717

Job Summary

As a Trading Services Manager - Vice President within the Confirmations team, you will be responsible for issuing and executing OTC Legal Documents with clients in a timely manner. You will have the opportunity to understand the fundamentals of the product and underlying instruments and business strategy, and to continually improve control infrastructure to meet regulatory requirements and maintain control. We value your ability to promote efficiency, manage new analysis requirements, and oversee data gathering processes. Your role is crucial in ensuring all issues are investigated and resolved in a timely manner as per Business Standards. You will also have the chance to contribute to strategic automation projects and improve controls in the process to ensure 100% accuracy and compliance to Regulatory rules

The focus of Confirmations team is to issue and execute OTC Legal Documents with the clients in a timely manner. The team is required to understand the fundamentals of the product and underlying instruments and business strategy and to continually improve control infrastructure to meet regulatory requirements and maintain control.

Process involves drafting of confirmations from risk management system, to ensure legal documentation issued to clients is in line with Risk Management System.

Job responsibilities

• Drafting and Affirmation of Legal confirmations and understand legal aspects relating to Derivatives confirmations.
• Drive Efficiency in the current process and identifying incorrect booking practice and educate Middle office on the impact
• Timely escalation of unissued/unexecuted documents.
• Building and sustaining, strong working relationships with internal Lines of Business with Middle Office, Front Office and internal Counterparts.
• Ensuring all issues are investigated and resolved in a timely manner as per Business Standards.
• Automation projects
• Improving controls in the process & ensure 100% accuracy and compliance to Regulatory rules
• Manage any new analysis requirements across multiple stakeholders
• Overseeing the data gathering process, analyze the data and report MIS utilizing the various data source
• Produce time sensitive daily reports with actionable data to Front Office, Middle Office or Back Office for break resolutions

Preferred qualifications, capabilities and skills

• CA/ MBA with 11-13 years / Graduate or Post-Graduate with 14-15 years’ experience in operations
• The candidate must be a motivated individual with a strong Partnership abilities
• ISDA knowledge and Derivatives Product knowledge and experience is preferable
• The individual must be able to: handle a high level of complexity in their product coverage, be able to shift gears with relative ease, be flexible enough in shifting workload in accordance with changing priorities and be comfortable dealing with a stressful and fast paced Trading environment.
• Good understanding of downstream impact of actions undertaken, particularly the requirement for strong and timely controls throughout the life cycle of the trade
• Attentive to details, strong interpersonal skills, Solid business judgments and positive attitude
• Excellent verbal and written communication skills, and adept at communicating with all levels of the business and technical parts of the organization
• 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
• Extensive Knowledge on CFTC/EMIR/NCMR rules