What are the responsibilities and job description for the Analyst - Global Fund Services Derivatives Operations position at JPMorganChase?
Job Description
Job Summary
Global Derivative Operations (GDO) supports four main Over the Counter (OTC) and Contract for Differences (CFD) derivatives services including NAV Support, Independent Valuations, Middle Office and Asset Verification. The individual will work within the GDO Team and have responsibility for the delivery of these services to a number of clients globally.
As an OTC Specialist within the Global Derivative Operations team, you will have a unique opportunity to work in a cross-asset environment with exposure to all types of OTC derivatives, from the most straightforward to the most complex. You will experience a dynamic and challenging environment, where you can develop your skills and knowledge in OTC derivatives.
Job Responsibilities
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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
About The Team
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.
Job Summary
Global Derivative Operations (GDO) supports four main Over the Counter (OTC) and Contract for Differences (CFD) derivatives services including NAV Support, Independent Valuations, Middle Office and Asset Verification. The individual will work within the GDO Team and have responsibility for the delivery of these services to a number of clients globally.
As an OTC Specialist within the Global Derivative Operations team, you will have a unique opportunity to work in a cross-asset environment with exposure to all types of OTC derivatives, from the most straightforward to the most complex. You will experience a dynamic and challenging environment, where you can develop your skills and knowledge in OTC derivatives.
Job Responsibilities
- Manage the daily trading activities of clients, ensuring accurate execution and oversight.
- Review and resolve reconciliation breaks in positions, market prices, income, cash, financing, and valuation.
- Support client and broker queries related to daily trade activities, providing timely and accurate responses.
- Investigate and amend any issues related to OTC/CFD trades, ensuring proper delivery sign-off to fund accounting and clients.
- Provide reconciliation services for derivative products, specifically OTC, from the Boston location.
- Reconcile all relevant OTC/CFD deliveries accurately and efficiently against core controls.
- Bachelor degree or prior work experience
- Strong technical skills including accounting principles and theories
- Knowledge of 40 ACTs Fund Accounting, Financial Reporting and Tax Operations
- Ability to be effective in a global operating environment and a matrix management organizations
- Ability to build and maintain effective working relationships with clients and counterparties
- Self-motivated with a flexible approach to working hours
- Quick learner both technical knowledge and systems
- Results orientated; ability to create and sustain a target driven environment
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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
About The Team
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.
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