JPMorgan Chase Credit Trade Support in Brooklyn, New York
The Global Fixed Income Securities Cash Middle Office is primarily responsible for the trade management and control of both the standard and non standard elements of the business.
Fixed Income ETF's
NA Corporate Bonds
Emerging Markets Corporate and Sovereign Bonds
As an associate on the Fixed Income Securities Cash trade support team your primary responsibilities include timely and accurate entry of transactions for Secondary Market Bonds, via front-end systems, and monitoring trade flow through our risk management and back-office systems. The Trade Support unit is responsible for the strict control of trades booked and liaising with internal departments and escalating to management where appropriate. Trade support works independently from the Front Office and are key to the control of our business ensuring the highest level of quality is achieved at all times. The candidate will work closely with Trading, Sales, Senior Management, Technology, Operations, Audit and Compliance. In this role one should be familiar with fixed income products, proficient with PC skills and be comfortable working in a fast paced environment.
Provide operational support for the Credit desk
Product coverage includes Corporate and Sovereign bonds, US Treasuries and Equity transactions
Working directly with the traders and structurers to understand each deal to ensure seamless trade entry and flow to subsequent back-office systems
Trade booking and enrichment
Reconciliation of trades between front and back end trading systems
Understand system flow and front to back operations of trade processing including settlements, PnL and confirms
Understand trade reporting rules to regulatory bodies including FINRA (TRACE)
Metrics reporting for upper management and control teams within the Middle Office
Produce ad-hoc scenario based reporting, as requested by Management
Ensures all issues are dealt with effectively and resolved accordingly in a timely manner
Drives Middle Office change management in coordination with Technology to increase automation and controls
Reviews, collaborates and prepares potentially new operational procedures in line with changes and developments in the business
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.