Margin&Collateral Associate II
J.P. Morgan
If you are interested in an evolving fast paced environment at the forefront of industry transformation, please join us!
As a Margin&Collateral Associate in our Collateral Services Team, you will play a crucial role in supporting bilateral OTC derivative collateral requirements and all related settlements. You will primarily engage with buy-side clients such as Hedge Funds, Investment Advisors, and Asset Managers, fostering internal partnerships with the Markets, Sales, Prime Brokerage, Credit Executive, Middle Office and Line of Business Operations teams.
Job responsibilities
Remain client focused, able to work independently under strict deadlines with limited supervision, be control oriented
Oversee the processing of both outgoing and incoming margin calls
Ensure all transfers agreed are eligible under the appropriate legal document
Ensure response to all client inquiries, and when needed, coordinate with the appropriate Front/Middle Office as well as the core processing area in order to facilitate resolution
Perform Risk Mitigation (Operational, Financial and Reputational)
Maintain and build excellent relationships with both internal partners and external clients
Required qualifications, capabilities, and skills
Desire to work in a fast-paced environment
Self-motivated, enthusiastic with a great appetite to learn and develop new skills
Excellent time management skills and the ability to organize and prioritize work in a busy environment with the ability to work under pressure and to deadlines
Excellent interpersonal, negotiating, and oral and written communication skills
Expertise in presentation, influencing and facilitation skills
Preferred qualifications, capabilities, and skills
Previous exposure to financial products including securities and derivatives instruments advantageous but not essential.
Process oriented with strong attention to detail, highly entrepreneurial, creative, open-minded, persistent, highly collaborative and with a passion for delivering business results.
5+ years of Operations experience with some Derivatives or Securities experience
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
You will help drive our clients’ business forward while implementing new ideas to improve and enhance our client services.