• CIB- Derivatives Operations Transaction Processing Supervisor Team Leader Jobs in Hyderabad,India

  • JPMorgan Chase & Co
  • Save Job
  • 4 - 7 Years
  • Posted : above 1 month

Job Description:

CIB- Derivatives Operations Transaction Processing Supervisor Team Leader Req # 190064217

Location Bangalore East, KA, IN

Job Category Operations

JP Morgan is a leading global financial services firm, established over 200 years ago

o We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management

o We have assets of $25 trillion and operations worldwide

o We operate in more than 100 markets

o We have more than 243,000 employees globally

Our wholesale businesses include JP Morgans Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families

Our corporate functions support the entire organization and include the following functions Accounting, Audit, Finance, Human Resources, Operations, and Technology

JP Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firms operations regionally and globally The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions

JP Morgan is a global leader in financial services, offering solutions to the worlds most important corporations, governments and institutions in more than 100 countries

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 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 25M trades, servicing >200 3rd party clients, performing 10,000 margin calls, processing 470k cleared and intermediated trades and producing >9,000 invoices

Global Clearing Operations supports Clearing, Reconciliations, Middle Office, F&O House Ops, Expiries & Deliveries, Settlement, Brokerage, Client On-boarding, Client Money, Regulatory Reporting, Static Data Management and Position Management

JPM is the 2nd largest Futures Commission Merchant based on Client Assets
Processes ~750,000 cleared and intermediated trades daily
Provides clearing at 62 global Clearing Houses
Settled USD equivalent 243Bn in physical deliveries Q1 2016

Happy 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

Location Description

Job Description

A part of DCO team which is responsible for providing 24 hr support functions globally for the client facing teams of the Futures & Options and OTC Clearing and F&O business of the bank It provides support to in-house and client trading floors by way of risk management, reference data management, MIS reporting and analysis
Payments related to Margin, fees and Commissions at Entity & Currency level
Nostro Reconciliations for all cash movements Liaising with the counterparts on a regular basis
Adherence to controls and compliance requirements
Client Onboarding to various trade flow systems for FX and CDS Prime Brokerage
Limits set up and maintenance on various ECN trading platforms like Reuters, EBS etc
Reference data maintenance on various front end systems
NOP Limit data maintenance for CDS and FX PB Clients
Reporting and Analysis, Query handling and projects
Establishing and maintaining excellent relationships with the Business partners as well as the people in the Client support groups
He/she performs daily/monthly activities for Brokerage clients/Brokers by generating invoices and sending to Brokers/clients for payment collection
He/she performs daily/monthly activities for Brokerage by reconciliation of invoices and processing payments to Brokers

He/she needs to quickly gets familiar with the Payment & billing procedure for invoices

Summary of Responsibilities

Execute BAU tasks Assigned
Take lead on process improvement and automation
Ability to manage assigned tasks independently with a little or no supervision
Have a control mindset and be alert to issues, risk that have impact on process or to the organization
Team Management and an initiator, whereever required

Skills and Qualifications

Graduate with atleast 4 years of experience, preferably in back office operations
Good computer skills ( MS Excel, Word, PPT, Outlook etc)
A fair understanding of the financial services industry, products and processes
Good communication skills, ability to articulate processes, issues to a wide range of stakeholders without ambiguity
Strong time management and prioritization skills

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 07th Jan 2020

Key Skills:

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