JPMorgan Trade Lifecycle Manager II Markets Operations 

Philippines, Quezon City 

541943803

As a Trade Lifecycle Manager II within Markets Operations, you will be providing support to the execution of strategic business initiatives, workflow design, and implementation of the department’s goals and objectives. You will lead the team in Manila responsible in processing transactions and facilitating accurate and timely payment of invoices of various counterparties/brokers; meeting service levels, production workflows, and training. You will be part of the group that is responsible for invoice management, validation/reconciliation, and allocation of charge to various LOB, Cost Centers, timely payment, NOSTRO Clearance, and MIS Reporting.

Job responsibilities:

• Manage the daily maintenance and reconciliation of the books and records of various JP Morgan Legal entities relating to clearing activities and balancing of incoming and outgoing funds, payments to counterparties and broker dealers. Execute Notification letters to clients of cash and stock transfers
• Ensure all day to day queries dealt with within required SLAs and escalate issues to the immediate manager
• Lead reconciliation of security and NOSTRO positions/ transactions breaks for proprietary and Prime brokerage accounts by referring it to settlements/ Middle Office/ Agents systems/reports.
• Review payable and receivables for stock loans/borrows and Clearing Member Trade Agreements (CMTA) for options, SEC Fees Direct payment & Non Direct payment and process invoices from external parties and resolve/escalate discrepancies to OU(Organization units)/Middle office
• Report any abnormal trade activity to Product Controllers/traders that is consistent with the Firm’s internal policies and procedures, and in accordance with Federal, State and New York Stock Exchange, Inc. (“NYSE”) regulations, as well as all other self-regulatory organizations of which the Firm is a member or to whose jurisdiction the Firm is subject.
• Conduct reconciliation of delivery-versus-payment account balances, cash movement from JPMCC to JPMSI & JPMSL through the firm omnibus accounts, including reconciling Suspense Accounts – U.S. and currencies for operations and International and Custodial Trust Company or CTC)
• Improve and maintain a controlled environment (e.g. necessary controls activities along process flow implemented, appropriate control tools in place, team members fully understand risks and related controls)
• Manage relationship with internal teams, anticipate needs, take feedback, run conference calls and act as a point of contact for escalations and high priority requests from internal clients.
• Create weekly/monthly management reports
• Conduct regular team meetings (onshore and offshore staff), 1:1s, and coaching sessions.
• Manage projects and other initiative as required.

Required qualifications, capabilities and skills:

• At least 8 years relevant experience reconciling security & NOSTRO positions, TLM breaks; accounts payable and receivable, reconciliation etc.
• Must have at least 3 years experience managing a similar function
• Must be organized and have excellent follow-up and prioritization abilities
• Strong business writing and verbal English communication skills
• Strong business knowledge i.e. Investment Banking, product knowledge in derivatives, fixed income, and equities.
• Behavioral skills, Leadership, Problem solving and time management
• Strong planning, negotiation and analytical skills
• Knowledge of accountancy, journal entries, general ledger, book keeping etc.
• Knowledge of Prime brokerage / Clearing business and the regulations
• Assertive and self-confident.