JOB TITLE: EMEA LINEAR RATES - TRADE SUPPORT MANAGER -VICE PRESIDENT DEPARTMENT: RATES MIDDLE OFFICE LOCATION: 25 Bank Street, E14 5JP REPORTING TO:
About JPMorgan Chase
JPMorgan Chase is a leading global financial services firm with assets of $1.1 trillion and operations in more than 50 countries. The firm is a leader in Investment Banking, Financial Services for consumers and businesses, Financial Transaction Processing, Asset and Wealth Management, and Private Equity. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients.
If you're interested in working in an environment where leadership, excellence, integrity and diversity are among our core principles, then explore the opportunities at JPMorgan Chase.
About Rates Middle Office
EMEA Linear Rates MO provides operational supports to the EMEA Rates Swaps Trading Business covering 10 trading desks dealing in G10 currencies. The team is responsible for all aspects of trade management, from trade inception and maintenance to expiry, giving a good all round view of the trade lifecycle. We provide full and dedicated support service to the business and maintain a high degree of control across all aspects of the process.
The team has significant interaction with a variety of business partners (Accounting, Finance, FO, Marketers, Credit, Settlements, Confirms, and Technology) in order to manage the operations front to back. The ability to communicate complex matters in a clear and concise manner is essential whether dealing with the FO or with other support groups.
The manager would be co-heading the Linear Rates MO, specifically responsible for managing the team supporting the London USD, CHF, Scandi desks, as well as a strategic system migration project.
Key Responsibilities of the team
Timely and accurate capture of all transactions in the Risk Management Systems.
Complete Intraday / EOD processes including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been processed accurately.
Work closely with Operations functions and infrastructure groups to support a 'one team approach'. The team is expected to be a centre of excellence and is pivotal in ensuring accurate information in cross group communication.
Ensure all controls are diligently performed, completed and signed off on a timely basis.
Participate and contribute to the various strategic initiatives; keep improving & evolving processes & business architecture.
Key Responsibilities of the Role:
Build strong relationships with MD level Trading desk heads
Oversight of day to day activities of the team and ownership of the end to end control environment
Oversight of key operational metrics, and investigation and resolution where there are aging issues
Strong understanding of process and control and drive to continuous improvement
Define the strategic agenda for system migration and ensure current processes are challenged
Build strong relationships with support functions not directly managed (Mumbai and Bournemouth MOs) Skills & Experience
People management experience is a must have
Track record of ensuring continuous improvement of processes and controls
Strong understanding of Interest Rate Derivative products and markets
Ability to make good priority calls across multiple priorities in a high pressure environment
About J.P. Morgan's Corporate & Investment Bank:
J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com .
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.