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JPMorganChase

Credit Derivatives Trade Support

Posted Yesterday
Hybrid
New York, NY
Entry level
Hybrid
New York, NY
Entry level
As a Credit Derivatives Trading Services Associate, you will support trading operations, ensuring accurate transaction capture and lifecycle support, performing reconciliations, and contributing to process improvement.
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Job Description
Elevate your career with us as a Credit Derivatives Trading Services Associate, where you'll play a crucial role in our trading operations. We offer a dynamic environment that values precision, collaboration, and continuous improvement. Be part of a team that supports your growth and empowers you to make a significant impact.
Job Summary:
As a Credit Derivatives Trading Services Associate within our team, you will be responsible for understanding trading structures to ensure the accurate capture of all transactions and provide comprehensive lifecycle support. You will perform reconciliation checks and ensure all controls are diligently executed. In this role, you will work closely with Operations functions and infrastructure groups, fostering a 'one team approach' to support efficient trading activities. Your responsibilities will include timely transaction capture, process management, and strategic initiative participation. You will build an in-depth understanding of trading structures from both financial and operational perspectives, contributing to the continuous evolution of our processes and business architecture. Join us to leverage your skills in a collaborative environment that values innovation and excellence.
Job Responsibilities:

  • Timely and accurate capture of all transactions in the Risk Management Systems.
  • Complete intraday/end-of-day processes, including completeness and reconciliation checks, to ensure accurate processing of new trading activity and general book management.
  • Work closely with Operations functions and infrastructure groups to support a 'one team approach.'
  • Ensure all controls are diligently performed, completed, and signed off on a timely basis.
  • Communicate clearly and concisely with Front Office and various support teams to ensure the timely and efficient resolution of queries.
  • Participate and contribute to various strategic initiatives; continuously improve and evolve processes and business architecture.
  • Build an in-depth understanding of all trading structures from both a financial and operational perspective.


Required Qualifications, Capabilities, and Skills:

  • Understanding of all relevant derivatives for Credit Trading market-making products (e.g., Credit Default Swaps, Index, Tranche, Options, Total Return Swaps) and hedging products (e.g., Interest Rate Swaps, Equity Securities, Equity Derivatives, Corporate Bonds, Futures).
  • Knowledge of the front-to-back Operations process, including key elements such as confirmations, settlements, and regulatory reporting, and the ability to facilitate issue resolution across teams.
  • Understanding of the key elements of other infrastructure groups (e.g., Finance, Market Risk, Credit Risk, Operational Risk, Legal, Collateral) and the impact of Trade Support team actions on these areas.
  • Clear communication skills with the ability to work collaboratively, explain, and challenge as appropriate.
  • Attention to detail and a sense of ownership.
  • Strong team player able to work in a pressurized and changing environment.
  • Strong analytical and numerical skills.
  • Strong problem-solving, control, and project management skills.
  • Strong technical skills, especially in Excel


Preferred Qualifications, Capabilities, and Skills:

  • Skills in Alteryx and Tableau
  • Familiarity with ICELINK, Markitwire, Tradeserv and BBG


Visa sponsorship and relocation assistance will not be provided.
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

Alteryx
Bbg
Excel
Icelink
Markitwire
Tableau
Tradeserv

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