Job added in hotlist
Applied job
Contract job
90-day-old-job
part-time-job
Recruiter job
Employer job
Expanded search
Apply online not available
View more jobs in Newark, DE
View more jobs in Delaware

Job Details

CIB Operations Derivatives Ops - Foreign Exchange Settlements Specialist - Newark - Analyst - Military veterans preferred

Company name
JPMorgan Chase & Co,

Location
Newark, DE

Apply for this job






13 hit(s)  

Profile


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.\u00a0
Derivative Operations provides operational support across the CIB covering eight key product areas including FX, OTC Derivatives, Collateral Principal, 3rd Party Derivatives, Cleared Derivatives, Agency Collateral, Billing and CASS with ~1,900 employees.\u00a0 Services provided to our Businesses include:

Transaction Processing, Confirmation, Settlement and Clearing, Collateral Management, Client Service, Invoicing and CASS Support

Typical daily activity includes settling in excess of $217B via FX trading, leading a Markets OTC portfolio of 2.5M trades, servicing >200 3rd party clients, performing 10,000 margin calls, processing 470k cleared and intermediated trades and producing >9,000 invoices

\u00a0
Currencies Operating primary functions supported covered by the 200 strong group include; Payment processing and controls, confirmation drafting issuance and matching, client service, economic affirmation, onboarding to electronic platforms, client money novation, regulatory governance and change management.

Service over 60,000 clients with over 400,000 discrete accounts

Manage payments to 135 different countries, Transact in 113 different currencies, out of 35 JPM entities

Manage > $2Trn of gross settlements on 500,000 transactions, in over 100 different products daily

Direct businesses supported generate >$4Bn of annual revenue

\u00a0
Newark. We\u2019re right at home in Delaware, the world\u2019s credit card capital. You could join over 5,000 employees in the state, who work at 13 different locations. We have designated Newark, DE, as one of our seven \strategic technology hubs\ in the U.S., where we are expanding operations. We\u2019re looking forward to our new Technology Center, which will feature modern furnishings and state-of-the-art collaboration tools. Come join us in Newark and be a part of our exciting future.\u00a0Team Description:The Delaware team will provide comprehensive operational services to the Investment Bank's business across the globe, for FX and FX Options trading products. The department is very fast moving, with ever increasing volumes, there is always an opportunity to learn, increase knowledge, to take on more responsibility and where staff excellence is recognised through reward and promotion.The Currency Operations (Foreign Exchange) settlements team is responsible for liaising with our client service to process settlement of Foreign exchange trades. This will include performing key checks as well as the input and verification of the settlement instructions of the trades. The team works from 9am to 7pm Eastern time, with staggered shift start times. \u00a0\u00a0Key Responsibilities:
Day to day responsibilities involve processing client settlement instructions with currency deadlines
Identifying issues and investigating root cause.
Working with the client service teams to quickly and efficiently resolve client issues.
Initiating and participating in process improvement initiatives.
Ensure that any issues are escalated within an appropriate time frame
Performing key control checks including required as part of the settlement process.
Key Skills\u00a0
Excellent time management skills are required.
Results-orientated
Capability to prioritize
Ability to process high volumes of transactions
Capacity to think laterally and understand the big picture
Ability to work under pressure with currency cut offs.
Take ownership and display the ability to follow through with departmental objectives whilst taking into account risks involved in daily processing.
\u00a0\u00a0Qualifications\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Bachelors degree or similar work experience. \u00a0Experience Required
\u2022Experience in an operational / financial services / customer services environment.
Effective organisational skills with the ability to manage and prioritise workload whilst working as part of a team.
\u00a0Experience (nice to have)\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 A good working knowledge of the IB funds transfer policy would be an advantage.
Knowledge of TSSFX would be useful as would Athena and IRFE.
FX & FXO experience is desirable, although not essentialKnowledge of payment formatting (MT103 / MT202) would be an advantage. \u00a0Happy to talk flexible working.We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.\u00a0\u00a0
See Job Description

Company info

JPMorgan Chase & Co,
Website : http://www.jpmorganchase.com

Company Profile
JPMorgan Chase (NYSE: JPM) is one of the oldest financial institutions in the United States. With a history dating back over 200 years, here's where we stand today: JPMorgan Chase (NYSE: JPM) is one of the oldest financial institutions in the United States. With a history dating back over 200 years, here's where we stand today:

Similar Jobs:
Cash and Trade Process Manager
location Newark, DE
Cash and Trade Process Manager','18008405','!*!About Citi Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corp...
CIB Operations (Derivatives Ops) - Foreign Exchange Settlements Specialist - Newark - Analyst','180014246','!*!J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, go...
Cash and Trade Process Manager
location Newark, DE
Cash and Trade Process Manager','18008405','!*!About Citi Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corp...
I was very pleased with the TradingCrossing. I found a great position within a short amount of time … I definitely recommend this to anyone looking for a better opportunity.
Jose M - Santa Cruz, CA
  • All we do is research jobs.
  • Our team of researchers, programmers, and analysts find you jobs from over 1,000 career pages and other sources
  • Our members get more interviews and jobs than people who use "public job boards"
Shoot for the moon. Even if you miss it, you will land among the stars.
TradingCrossing - #1 Job Aggregation and Private Job-Opening Research Service — The Most Quality Jobs Anywhere
TradingCrossing is the first job consolidation service in the employment industry to seek to include every job that exists in the world.
Copyright © 2018 TradingCrossing - All rights reserved. 169