CIB - Operations - EMEA Equities - Trader Assistant JPMorgan Chase is a leading global financial services firm with assets of $2.5 trillion and has presence in more than 100 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.
The Cash Equities Trader Assistant Team within IB Equities Operations is typically focused on trade capture and control but also has key interactions at all other levels of the transaction lifecycle, supporting the Cash Equities trading businesses. The team is situated alongside the Front Office on the trading floor, supporting activity broadly across High Touch (facilitation), DMA (algorithmic), and Program Trading (baskets) flows.
The Trader Assistant Team is responsible for:
Ensuring that all trades executed are entered completely & accurately into the Risk Management systems
Performing core start-of-day and end-of-day controls to ensure Risk is correctly represented for Front Office
Ensuring all trade capture and reporting exceptions are verified, cleared and escalated appropriately in a timely manner
Liaising with various other FO, MO and BO Teams on issues related to Cash Equity trades
E.g. Broker Pre-Matching & Fails, Settlements, Client Services, Reconciliations, Technology, Business Management
Daily management of trade life cycle events (expiries, dividends, corporate actions, etc.)
The integrity and continuous improvement of the pre and post trade controls environment
Maximizing trade processing STP through tactical problem solving and root cause analysis
Producing analysis for the trading desks and senior management
Understanding of Cash Equities products and trading workflows
Strong communication and problem-solving skills
Experience of trade workflows and appreciation of Legal Entity frameworks
Familiarity of various risk management systems and an advanced MS Excel skill set
Dedication and the ability to adapt to different business needs
The specific experience necessary for this position is:
Strong securities knowledge is required, knowledge of derivatives products is a plus
A minimum of one year prior Operational and/or line experience, is required
Self-motivation and demonstration of initiative
Excellent Analytical skills
Excellent oral and written communication presentation skills
Extremely detailed orientated
Keen to question everything and understand the detail behind the numbers and/or process
BA or BS degree is necessary
Strong PC Skills : in particular Excel, Word and PowerPoint
About J.P. Morgan Corporate & Investment Bank
J.P. Morgan's Corporate & Investment Bank (CIB) 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.
About J.P. Morgan Chase & Co.
J.P. Morgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, J.P. Morgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about J.P. Morgan Chase & Co. is available at www.jpmorganchase.com .
JPMorgan offers an exceptional benefits program and a highly competitive compensation package. JPMorgan is an Equal Opportunity Employer.