Trade Lifecycle Associate I - Settlements
Aumni
Job Description
As a Manager in Securities Operations, he/she will execute error free operations and identify and escalate any exceptions. He/She will comply with the firms policies and SOPs; identify opportunities for process efficiency and implement in a controlled manner (highlight recurring issues/question rationale behind each process and understand cascading impacts); and exhibit effective communication with key stakeholders. He/she will also participate in training opportunities; enhance your skill set of the various processes within the department and cross train colleagues on individual processes. He/She will have a thorough knowledge of SOPs/related check points, act as a disciplined and positive team member, operate as one team and act and think like an owner and partner.
The primary responsibility of this position is to support the day-to-day operations for settlement/transaction processing for trades received from global and domestic clients. Incumbent should possess knowledge on equities, warrants, bonds and thorough knowledge about trade life cycle. He/she should have the ability to work under pressure and meet stringent deadlines. Can effectively work in teams; liaise with internal clients, client services & relationship managers.
Job Responsibilities
- Provide the supervisory support, in the day to day management of the business deliverables of the team, such as release of trade instructions, reopening and settlement of trades from the core settlement systems, inventory/position management and inter-company reconciliation prior to settlement date, among others.
- Accountability for service quality of the team. Ensure operational procedures are followed and that tasks are completed in an accurate and timely manner.
- Provide first level of supervision to the staff during business hours.
- Support the process Vice President in their mission to provide top quality operations in support of this global business.
- Ensure that procedures are documented and that the documentation is updated periodically.
- Identify requirements for additional controls
- Daily investigation and escalation of any issues
- Provide daily/weekly statistics
- Assist in appraisals
- Participate in global and local projects including new business, system enhancements and market rule changes.
- Process re-engineering to enhance efficiency and controls
Required qualifications, skills and capabilities
- 6+ years of experience in Banking and Financial Services/ Treasury environment or related function. Familiarity with products and services.
- Experience in Asset Servicing and Trade Management & Settlements.
- Strong communication, organization and leadership skills.
- Able to provide coaching and guidance on all aspects necessary processes.
- Strong Control & Audit mindset and understanding of policies/regulations in the industry
- Good relationship-building and time management skills
- Flexibility to work on holidays / extended working hours on high volume days, if required.
- Ability to work under dynamic environment and under pressure to meet deadlines and productivity/quality goals.
- Good PC skills including Microsoft office products (Excel, Word, Power Point, Access).
- Good written & spoken English communication skills, exhibits effective communication with key stakeholders.
Preferred qualifications, skills and capabilities
- Experience of Funding management and forecasting, payment processing preferable.
- Graduate or Post Graduate preferably 6-7 years of experience in Banking and Financial Services/ Treasury environment
- CFA/FRM will have an added advantage but not necessary
About Us
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.