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Global Equities - Futures and Derivatives Clearing, Treasury - Analyst or Associate

Greater London
Full time
Posted
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JP Morgan
Banking, investment & finance
10,001+ employees
560 jobs
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Opportunity:

The Global Clearing business resides within the Global Equities segment of J.P. Morgan's Corporate and Investment Bank. The business provides intermediation and clearing services across listed and OTC derivative products. The unit has a diverse client base, with representation across hedge funds, asset managers, insurance companies, banks and broker-dealers.

The Global Clearing Treasury team sits within the business and is tasked with managing the businesses NII, overall liquidity, balance sheet, investments and client pricing. The team consists of members based in New York, London, Paris and Singapore.

Responsibilities:

  • Oversee the liquidity of the business (Cover and optimise CCP Margin requirements, monitor sources and uses of cash and non-cash margin, review currency funding exposure, liquidity buffers and borrowing needs from Corporate Treasury)
  • Manage strategy and execution of the team’s investments in reverse repos and external bank placements.
  • Cover for the management of a securities portfolio held for liquidity management purposes.
  • Strategize, develop and implement new initiatives to optimize firm’s use of cash and securities margin
  • Understand, synthesize and assess all aspects of the team’s revenue and costs (including Capital/default fund contributions, corporate allocations, client pricing and investment returns)
  • Develop a deep understanding of Central Clearing Counterparty (CCP) and inter-affiliate margin call process and methodology
  • Develop and leverage subject matter expertise in CCP rules, risk management practices (i.e., portfolio margining, collateral eligibility) and operational flows
  • Build and maintain relationships with key business stakeholders, CCPs and various investment sales teams and desks
  • Partner with Product Development and Technology to develop a range of in-flight process improvement initiatives including automation.

Requirements:

  • Previous relevant Treasury, Liquidity Management, Collateral Optimisation, Clearing or Fixed Income experience;
  • Portfolio Management and/or trading experience in Front End Fixed Income Products preferred;
  • Expert quantitative, analytical and technical skills (Bloomberg, Excel, PowerPoint);
  • Basic programming and data analytics skills preferred (in particular Python and Alteryx, Tableau);
  • Demonstrable track record of driving change in a technical role;
  • Willingness to learn, absorb and synthesize new information and concepts;
  • Ability to drive automation and simplify processes;
  • Superior time management and multi-tasking skills to juggle live transactions, daily tasks and projects;
  • Strong communication skills and an ability to build and leverage cross-functional relationships;
  • Certified Treasury Professional or Chartered Financial Analyst preferred.

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.