As awithin our“Break resolution and Analytics team ”, you will spend each day defining, refining and delivering set goals for our firm
Derivative Operationsprovides operational support across the CIB covering eight key product areas including FX, OTC Derivatives, Collateral Principal, 3rd Party Derivatives, Cleared Derivatives, Agency Collateral, Billing and CASS with ~1,900 employees. Services provided to our Businesses include:
- Transaction Processing, Confirmation, Settlement and Clearing, Collateral Management, Client Service, Invoicing and CASS Support
- Typical daily activity includes settling in excess of $217B via FX trading, leading a Markets OTC portfolio of 2.5M trades, servicing >200 3rd party clients, performing 10,000 margin calls, processing 470k cleared and intermediated trades and producing >9,000 invoices
Global Clearing Operationssupports Clearing, Reconciliations, Middle Office, F&O House Ops, Expiries & Deliveries, Settlement, Brokerage, Client On-boarding, Client Money, Regulatory Reporting, Static Data Management and Position Management.
- JPM is the 2nd largest Futures Commission Merchant based on Client Assets
- Processes ~750,000 cleared and intermediated trades daily
- Provides clearing at 62 global Clearing Houses
- Settled USD equivalent 24.3Bn in physical deliveries
Job Responsibilities
- Communication – ability to build strong relationships with many disparate groups across the Equity/F&O/OTC/Prime Finance stack and influence other teams to ensure deliverables are prioritized. Tenacious attitude that will not accept push back willingly and will escalate effectively if bottlenecks develop
- Ability to manage multiple metrics to get clarity and focus on issues/bottlenecks
- Knowledge of Cash Equities, Pre matching, F&O and OTC infrastructure– Knowledge of where systems sit in the hierarchy, inter-relationships would be advantageous
Required qualifications, capabilities and skills
- Graduate with at least 6+ yrs of experience, preferably in Operations in Investment Banking/ Financial services firms
- Demostrated experience in designing & developing AI/ML models capable of tackling intricate business conundrums
- Experience working with large data sets and writing efficient code capable of processing large data streams at speed
- Proficiency in BI tools llike Alteryx, Power BI, UI Path, Tableau, Qliksense preferable
- Ability to articulate the macro view of the problem statements and design strategies to tackle them
- Strong people management skills with exposure to planning, budgeting, goal setting, performance feedback & ability to motivate the team at all times
- Analytical and detail oriented with complementary communications and presentation skills. Solid intellectual capacity for process improvements.
- A strong sense of ownership and responsibility; Excellent Client focus and Customer care working practices
- Drive results through people, communication, influence and interactions
- Flexible attitude towards working hours due to the demands of the working place
- Strong time management skills required to meet exchange and front office deadlines
- Motivated: Displays drive, energy and enthusiasm. Results driven individual with a proven track record
- Must be a Team player able to work effectively at all levels of an organization with the ability to influence others to move toward consensus. Must be highly reliable, trustworthy, honest, and commitment oriented.