• CIB - Middle Office - Transaction Processing Manager - Associate Jobs in Hyderabad,India

  • JPMorgan Chase & Co
  • Save Job
  • 8 - 9 Years
  • Posted : above 1 month

Job Description:

CIB - Middle Office - Transaction Processing Manager - Associate Req # 190064233

Location Mumbai, MH, 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 Business Description Equity Derivatives Confirmations

J P Morgan has an Investment Banking footprint across the Globe, supporting global client base

The Equity Derivatives Group (EDG) provides marketing, structuring and trading services on equity-based and fund-based derivatives products These products are marketed to a broad range of clients, including distributors, institutional investors and corporate JP Morgan is recognized as a market leader in Equity Derivatives

Equity Derivatives Business is one of the most dynamic and complex business lines within the JP Morgan franchise With an ever growing range of product types tailored to meet the requirements of specific investors, the area provides a stimulating challenge for employees with an interest in financial engineering and their place in the current financial markets

Job Functions / Responsibilities

The Confirmation teams main responsibility to ensure issuance, affirmation and execution of all legal confirmations with the counterparty These are then reported on a weekly basis to senior management The work covers daily BAU as well as process improvement initiatives

As a SrAssociate, you will be responsible for the following functions

Perform daily controls and reconciliation functions for EDG trades
Overseeing the data gathering process, analyze the data and report MIS utilizing the various data source
Produce time sensitive daily reports with actionable data to Front Office, Middle Office or Back Office for break resolutions
Provide detailed business control metrics to management on a daily basis
Action business as usual (BAU) tasks and execute root cause analyses on new issues or control gaps
Take ownership of work, problems, clarify issues / objections, and ensure data integrity, accuracy and completeness
Escalate issues for any urgent matters or assistance
Build and maintain strong working relationships with all EDG teams and be an expert on Equity Derivative Reconciliations and Controls
Handle adhoc projects for the team
Ensure all controls and checks are completed on End of Day

Skill Sets Required

The candidate must be a motivated individual with a strong Partnership abilities
ISDA knowledge and Equity Derivatives Product knowledge is preferable
Equity Derivative experience preferable
The individual must be able to handle a high level of complexity in their product coverage, be able to shift gears with relative ease, be flexible enough in shifting workload in accordance with changing priorities and be comfortable dealing with a stressful and fast paced Trading environment
Good communication skills
The candidate should be flexible to work in all shifts

Min Required Qualifications / Experience

8-9 years of experience in an investment banking environment, preferably in Middle Office / Trade Support
Attentive to details and strong interpersonal skills
Solid business judgments and positive attitude
Sound knowledge in EDG products
Basic project management skills
Ability to prioritize
Degree holder in Finance / Economics or other related disciplines
Fluent English language skills (both verbal and written)
Strong proficiency with PC software Knowledge of MS VBA and SQL would be an asset
Candidate should provide opportunity to the Team to gain valuable insights into the products, trade flows and systems globally
Creates and/or contributes to an environment of collaboration and mutual responsibility
Good understanding of downstream impact of actions undertaken, particularly the requirement for strong and timely controls throughout the life cycle of the trade
Candidate should possess People management and Leadership skills and be a role model for the Team

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

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