Duties & Responsibilities
The role involves partnering and working closely with various the local & primary Middle office teams to manage various reconciliations & control functions across internal & external trades
- Responsible for performing data quality checks of the feeds received in downstream systems. Making sure the team is organized and can accurately track and control newly signed and amended CSAs.
- Perform corrections to identified inflated values to ensure right collateral is exchanged meeting regulatory deadlines.
- Daily process to translate CSA information into Discount curves and FCFs.
- Key controls over changes in CSA data, curve overrides
- Key controls on data quality of data used in the CSA Discount curve mapping process
- Face off to multiple asset classes and be able to co-ordinate a global strategy effectively and efficiently.
- Accurately capture the impact of a change to a CSA from a PnL and Risk point of view across multiple asset classes and businesses.
- Gather business requirements, perform detailed analysis, and produce associated functional specifications where required.
- Partner with Operations, Technology and Front Office groups globally within JPM to define and implement new requirements
Skills & Competencies
- 4-5 years in a Derivative Operations (Middle Office / Back Office) role
- Strong product knowledge; thorough understanding of the end to end transaction cycle for Rates derivative products
- Strong communications skills both verbal and written
- Build strong working relationships across global cross functional teams, including Front Office
- Partnering with global & local partners on projects, efficiency and business change (new products, industry change)
- Ability to drive results through a "hands-on" approach
- Ability to manage a team of high achievers with diverse experience and skill sets. Successful in team environments with matrix reporting structures
- Skilled in identifying talent, recruiting, coaching, mentoring, and developing team members
- Can operate effectively in a dynamic environment with tight deadlines
- Control mindset to identify process control gaps, prioritize & mitigate operational risk
- Analytical mindset and high attention to detail
- Ability to multi-task effectively to met tight dead lines
- Ability to negotiate & influence at appropriate levels
- Ability to manage internal clients & stake holders
- Problem solving skills and ensure quick resolution by coordinating with relevant groups
- Flexibility to work global hours