What are the responsibilities and job description for the Credit Derivatives Trade Support position at JPMorgan Chase?
Elevate your career with us as a Credit Derivatives Trading Services Associate, where you'll play a crucial role in our trading operations. We offer a dynamic environment that values precision, collaboration, and continuous improvement. Be part of a team that supports your growth and empowers you to make a significant impact.
Job Summary:
As a Credit Derivatives Trading Services Associate within our team, you will be responsible for understanding trading structures to ensure the accurate capture of all transactions and provide comprehensive lifecycle support. You will perform reconciliation checks and ensure all controls are diligently executed. In this role, you will work closely with Operations functions and infrastructure groups, fostering a 'one team approach' to support efficient trading activities. Your responsibilities will include timely transaction capture, process management, and strategic initiative participation. You will build an in-depth understanding of trading structures from both financial and operational perspectives, contributing to the continuous evolution of our processes and business architecture. Join us to leverage your skills in a collaborative environment that values innovation and excellence.
Job Responsibilities:
- Timely and accurate capture of all transactions in the Risk Management Systems.
- Complete intraday/end-of-day processes, including completeness and reconciliation checks, to ensure accurate processing of new trading activity and general book management.
- Work closely with Operations functions and infrastructure groups to support a ‘one team approach.’
- Ensure all controls are diligently performed, completed, and signed off on a timely basis.
- Communicate clearly and concisely with Front Office and various support teams to ensure the timely and efficient resolution of queries.
- Participate and contribute to various strategic initiatives; continuously improve and evolve processes and business architecture.
- Build an in-depth understanding of all trading structures from both a financial and operational perspective.
Required Qualifications, Capabilities, and Skills:
- Understanding of all relevant derivatives for Credit Trading market-making products (e.g., Credit Default Swaps, Index, Tranche, Options, Total Return Swaps) and hedging products (e.g., Interest Rate Swaps, Equity Securities, Equity Derivatives, Corporate Bonds, Futures).
- Knowledge of the front-to-back Operations process, including key elements such as confirmations, settlements, and regulatory reporting, and the ability to facilitate issue resolution across teams.
- Understanding of the key elements of other infrastructure groups (e.g., Finance, Market Risk, Credit Risk, Operational Risk, Legal, Collateral) and the impact of Trade Support team actions on these areas.
- Clear communication skills with the ability to work collaboratively, explain, and challenge as appropriate.
- Attention to detail and a sense of ownership.
- Strong team player able to work in a pressurized and changing environment.
- Strong analytical and numerical skills.
- Strong problem-solving, control, and project management skills.
- Strong technical skills, especially in Excel
Preferred Qualifications, Capabilities, and Skills:
- Skills in Alteryx and Tableau
- Familiarity with ICELINK, Markitwire, Tradeserv and BBG
Visa sponsorship and relocation assistance will not be provided.
