CIB Operations – Markets Operations – Global Equities Operations – Futures & Derivatives Clearing Operations – Treasury Operations & Client Money – Associate (601) - Bournemouth

J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries.

The Corporate & Investment Bank (CIB) is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

Futures & Derivatives Clearing Operations (FDCO) provides clients with a path to trade Cleared products via Exchanges/Central Counterparties. FDCOsupports Clearing, Reconciliations, Middle Office, F&O House Ops, Expiries & Deliveries, Settlement, Brokerage, Client On-boarding, Client Money, Regulatory Reporting, Static Data Management and Position Management. FDCO provides clearing at 62 Clearing Houses globally, and JPM is the largest Futures Commission Merchant (FCM) based on Client Assets.

Location Description:

Bournemouth. Over 4,000 employees work at the Bournemouth Corporate Centre. We take immense pride in our work, and in helping our community. We are proud to leverage the local workforce and engage closely with local schools and charities. Our campus is set in 13 acres of grounds and includes on-site Tennis Courts and easy access to local sports facilities. We have good transport links including our commuter bus service. The site has recently benefitted from massive investment, redeveloping the office space into a High Performance Workspace and adding exciting new offerings to our communal spaces. We have 2 restaurants on site offering a wide range of healthy options. The staff are able to join in a wide range of groups from yoga to language classes, to groups supporting the diverse range of cultures represented here.

Position Description:

The position is in the EMEA Treasury Operations team, in FDCO. The team is based in Bournemouth, and is responsible for Treasury and Margin functions including reconciliation and break resolution, collateral settlement (Equities & bonds), FX processing and cash management.

Responsibilities

• The effective cash management of FDCO’s bank accounts.
• Collateral management of client collateral holdings
• Adhere to operational procedures to ensure a controlled environment
• Ability to review processes regularly and implement enhancements
• Ensure all exchange and client deliveries are settled within settlement and exchange deadlines
• Effective and accurate funding of exchange accounts during fixed income & equity deliveries
• Processing of client FX transactions
• Understand and ensure compliance with all control requirements
• Identify process improvements and efficiency opportunities in daily workflow
• Escalation of issues where appropriate to Management
• Dealing with Client queries / issues on a timely basis
• CASS responsibilities for cash and collateral obligations
• Ad hoc request management and investigation of operational issues
• Ability to understand and implement complex change requests within the F&O business
• Assist with all Audit (internal and external) requests and prioritize accordingly in functions covered by the team
• To work closely with global team - Operations teams are based in London, New York, Delaware, Chicago and various APAC locations
• CASS responsibilities for cash and collateral obligations

Skill Requirements / Competencies

A Treasury Operations Associate should possess the following skills:

• Previous Operations experience with, ideally, a background in Derivatives/Futures & Options.
• Proven experience of effective relationship building with a wide variety of stakeholders, for example; Clients, Credit Execs and/or Business Partners.
• Knowledge of cash funding, global settlements & reconciliations are desired but not essential
• Ability to organize, prioritise and manage multiple streams of work
• Excellent interpersonal skills in order to leverage subject matter expertise
• Ability to troubleshoot and recommend strategic solutions
• Strong attention to detail and must be able to demonstrate delivery track record
• Ability to work independently under minimal supervision
• Ability to adhere to strict deadlines and procedures
• Strong Risk and Control Awareness – with the ability to push back on stakeholders when risk/controls could be compromised.
• Excellent communication (written and verbal), analytical and interpersonal skills.
• Ability to work effectively under pressure with an high accuracy rate
• Must be highly numerate with good keyboard and core system (Outlook, Excel, Word) skills.
• Ability to work as part of a team and be flexible during busy periods such as month end.
• Strong oral and written communication skills.

The hiring manager for this job opening would be willing to have a conversation about flexibility. This could range from ad hoc flexibility in a full time position, to a more formal Flexible Work Arrangement. The hiring manager is not committing to offering this, just highlighting openness to having the conversation.

Job Operations
Primary Location: Bournemouth
Organization CIB MARKETS OPERATIONS
Schedule Full-time
Job Type Standard
Shift Day Job
Recruiter Vongai Hlupo
Hiring Manager Richard Vaughan
Salary Grade / Level Associate (601)