Join our OTC Derivatives Settlement team as a Sr. Associate, where you'll lead the settlement processes for complex derivative products. Utilize your operational expertise to ensure accurate and timely settlements while driving process improvements. Collaborate with diverse teams to maintain high standards of service excellence and compliance.
Job Summary
As a Senior Associate in the OTC Derivatives Settlement team, you will manage end-to-end settlement processes for OTC Derivative Products (IRS, CDS, ESW). You will ensure accurate, timely settlements and compliance with industry standards. Collaborate with clients, JPM Middle Offices, and Front Offices to drive operational excellence and process improvements.
Job Responsibilities
Oversee end-to-end settlement of OTC Derivatives (IRS, CDS, ESW).Ensure timely and accurate processing from trade date to final settlement.Drive KPI adherence and maintain service excellence.Communicate proactively with stakeholders on trade status and issues.Escalate risks and issues with solutions-oriented mindset.Engage in client-centric thinking and prioritization.Execute payment processing and resolve trade breaks.Investigate Nostro account breaks and ensure timely resolution.Monitor liquidity and funding issues, collaborating with Treasury.Participate in firm-wide initiatives and strategic projects.Confirm trade details and maintain data integrity.Required Qualifications, Capabilities, and Skills:
Hold a Bachelor's degreeMinimum 8 years of experience in financial services, focusing on OTC Derivatives settlements.Understand post-trade operations and ISDA documentation.Proficient in Excel; experience with MarkitWire and DTCCGrasp derivative products and their trading roles.Manage complex workflows under pressure.Communicate effectively and solve problems efficiently.Preferred qualifications, capabilities, and skills
Lead and mentor junior team members.Adapt to shift work and global business coverage needs.Innovate and suggest process improvements.Build cross-functional relationships and networks.Support global trading books with flexibility.Engage in continuous learning and adaptation.Foster collaborative problem-solving across teams.