CIB Operations (Derivatives Ops) - Collateral Client Processing - Bournemouth - Professional

Job description

Position Summary
Collateral Operations is a rapidly growing area offering a wide variety of Collateral based products to a varied client base, ranging from the Broker Dealer groups to Hedge Funds to Global Fund Managers. Our products are constantly developing in line with new business opportunities.

The Collateral Management Operations team supports 3 main products:

Derivatives, Securities Lending Escrow (SLE) and Tri Party Repo (TPR).

Key responsibilities
· Derivatives service provides international securities and escrow management in support of clients' derivatives exposures in line with their ISDA Agreements.
· Securities Lending Escrow is a developing product which provides a Collateral Management Service to support stock lending between large Borrowers and Lenders.
· Tri Party Repo is a trading activity whereby cash is lent from one client to another on a secured basis at an agreed rate for an agreed term.
· The team is split into three main roles which offer possible variation through rotation:
· Settlements – Settle all securities and cash movements. Rectify all market positions and balance anomies utilising TLM. Improve settlement rates.
· Trade Management - Reflect all agreed collateral movements within systems within specified deadlines confirming transactions to counterparts.
· Client Service Representative (CSR) - Accurately manage client accounts and collateral allocation, liaise directly with clients counterparties whilst adhering to strict market deadlines and internal controls. Ensure timely collateralisation

Desired profile

Qualifications
· Client Focused
· Excellent verbal and written communication skills
· Numeracy
· Accuracy
· Flexible approach to working hours
· Ability to prioritise
· Ability to work under pressure
· Ability to work under own initiative
· Educated to at least A level standard or equivalent
· Experience in a relevant environment

Additional Information
The Collateral Management team provides a service to our clients across European working hours, and is also required to work UK Bank Holidays as governed by client requirements. Cover may be provided via rotational shifts so a flexible approach to working hours is therefore needed.

Experience (required)
· Proven Client Service skills
· Previous experience in related products

Experience (advantageous)
· Stock Lending experience
· Collateral Management experience
· Securities settlement experience
· OTC Derivatives experience
About J.P. Morgan Corporate & Investment Bank
J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

About J.P. Morgan Chase & Co.
J.P. Morgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, J.P. Morgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about J.P. Morgan Chase & Co. is available at www.jpmorganchase.com .

JPMorgan offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan is an Equal Opportunity Employer.

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 an openness to having the conversation.