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JPMorgan Transaction Processing Analyst 
United Kingdom, England 
411916764

26.06.2024

As a Middle Office Transaction Processing Analyst in Market Operations team, you will be providing direct support to senior Operational Management with respect to the Rates Risk Middle Office, acting as a key point of contact for downstream groups, whilst leading process improvements.

Our Middle Office currently supports approx. 80 traders with a trade volume of 105,000 per day, due to this high demanding volume we have to ensure our controls monitoring this population are accurately and efficiently completed.

Job responsibilities

  • Performs deal reviews within the Service Level Agreement which involves reviewing term sheet versus risk management systems and legal confirmation versus risk management systems
  • Monitors Middle Office trade lifecycle event processing to understand the key manual touch-points themes and display the impact of this via suitable MIS
  • Identified problems area and builds relationships across the business to create working groups and initiate change discussions
  • Liaises with Marketing support, Trade Support and other Back Office control groups
  • Ensures accurate reviews and timely escalation of unissued/unexecuted documents
  • Drives efficiency in the current process and identify incorrect booking practices and educate Middle Office on the impact
  • Builds and sustains strong working relationships with internal Lines of Business including Middle Office, Front Office, and internal Counterparts
  • Ensures all issues are investigated and resolved in a timely manner as per Business Standards
  • Prepares weekly MIS and monthly control packs for Senior Management, analyses MIS and report trends and spikes
  • Participates in various testing related to system enhancement, project implementation, and new business initiatives
  • Identifies control gaps and suggest improvement ideas for better efficiency and effectiveness

Required qualifications, capabilities, and skills

  • Must exhibit strong partnership abilities
  • Must be able to handle a high level of complexity in product coverage, 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
  • Strong communication skills
  • Problem solving – Developing and implementing solutions to often complex issues
  • Control – Understanding and implementing the control framework to mitigate risk through the transaction lifecycle
  • Projects - Assisting in the delivery of tactical and strategic solutions
  • Needs to be highly numerate with excellent keyboard skills and a high-level of computer literacy
  • Needs to be aware and have an understanding of the large financial risks that can be incurred through operational errors and control risks

Preferred qualifications, capabilities, and skills

  • Derivatives product knowledge and Derivatives experience