As a Trade Specialist, manage collateral exposure, support traders, reconcile trade lifecycle controls, and oversee regulatory reporting.
Job Description
Step into a pivotal role as a Trade Specialist within the Stock Borrow Loan Middle Office, where your diverse strengths and capabilities will drive success in equity trading. Engage daily with external counterparties and traders, managing collateral exposure, counterparty relationships, and supporting the Front Office's needs.
Job Summary:
As a Trade Specialist within the Stock Borrow Loan Middle Office, you will possess a wide variety of strengths and capabilities. You will liaise with external counterparties & traders on a daily basis. Regulatory reporting, client onboarding, and collateral (cash and stock) management are the main functions of the team, along with the control and clearance of all exceptions and cash flows that the trade lifecycle creates.
Job Responsibilities
Required qualifications, capabilities, and skills
Preferred qualifications, capabilities, and skills
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Step into a pivotal role as a Trade Specialist within the Stock Borrow Loan Middle Office, where your diverse strengths and capabilities will drive success in equity trading. Engage daily with external counterparties and traders, managing collateral exposure, counterparty relationships, and supporting the Front Office's needs.
Job Summary:
As a Trade Specialist within the Stock Borrow Loan Middle Office, you will possess a wide variety of strengths and capabilities. You will liaise with external counterparties & traders on a daily basis. Regulatory reporting, client onboarding, and collateral (cash and stock) management are the main functions of the team, along with the control and clearance of all exceptions and cash flows that the trade lifecycle creates.
Job Responsibilities
- Perform daily collateral exposure management
- Manage counterparty relationships
- Support the daily requirements of the Stock Borrow Loan Front Office
- Liaison with clients, counterparties, and traders to investigate & resolve any trade exceptions
- Reconciliation & investigation of all key controls within the trade life-cycle
- Production of daily metrics in relation to key risk and performance indicators
- Support the regulatory reporting requirements
- Support the new and incremental client onboarding agenda, working with Know Your Client, Legal, and Credit team
- Exception management and updates to supervisors
Required qualifications, capabilities, and skills
- Good communication skills and ability to develop relationships with internal and external parties
- Highly numeric person with excellent attention to detail in all areas
- Ability to work in a pressurized environment, meeting tight deadlines on a daily basis
- Ability to quickly learn complicated operations tools and systems through 1:1 training
- Ability to work as a team player
- Strong Data analytics and accuracy
- Basic experience with excel and other Microsoft Office applications
- Well motivated and enthusiastic
Preferred qualifications, capabilities, and skills
- Demonstrate an understanding of how operations interacts with relevant businesses
- Experience in proactively identifying areas for process, productivity, quality and control improvement
- Willingness to invest time in keeping up to date on industry standards
- Proficient with excel and other Microsoft Office applications
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Top Skills
Excel
MS Office
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