As an Analyst within Core Collateral Operations, you will hit the ground running as part of a global operations team. The role requires a level of independent decision making and judgment. You will work effectively with minimal supervision and will align yourself with the role responsibilities outlined by the function.
The Collateral Services team provides a controlled environment for the mitigation of counterparty risk via the monitoring and collection of collateral for the CIB trading businesses including; Fixed Income, FX, Equity Derivatives, Credit Derivatives, Commodities, Prime Brokerage and Fixed Income Repo.
Job responsibilities
- Comply with relevant policies, controls, regulations and escalation protocols
- Proactively identify areas for improving process quality, control, and productivity
- Issue, recipe and monitor of margin calls in accordance with the terms of the collateral agreements for Derivatives with accuracy and within defined timelines / SLAs
- Resolve, control and escalate of collateral disputes and fails to senior management and credit risk teams
- Settle, record, reconcile and control of cash or securities received/posted as collateral
- Resolve in a timely manner incoming queries regarding a client’s portfolio, escalation of issues, reconciliation and dispute resolution with regards to disputes or credit sensitive customers
- Agree of coupons due on securities held as collateral & processing of month end tasks including the agreement of interest on any cash collateral held/delivered
- Participate in projects, testing to ensure JPMorgan operating infrastructure continues to be enhanced and developed to meet the business needs (occasional weekend testing support may be required)
- Be a Client Service Representative (CSR) within the Derivatives Collateral Client Service Margin team based in Paris
Required qualifications, capabilities, and skills
- A qualified professional with strong knowledge and first experience in Client Service
- Interacting with senior/demanding internal and external clients with strong client communication skills and an strong ability to build client relationships
- A strong team player, who is reliable, independent and able to prioritise and work to demanding deadlines
- An individual who appreciates working in a multicultural and dynamic environment
- Fluency in English with excellent writing and speaking skills
Preferred qualifications, capabilities, and skills
- Working knowledge of Derivatives Collateral Management and supporting Legal documentation (E.g. ISDA, GMRA) is advantageous
- French language is nice to have
About us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.
Source ⇲
