Job Description
This role is ideal for someone with a strong background in financial markets, particularly in derivatives and emerging markets, who can handle complex processes and work collaboratively across different teams. If you are eager to grow your career in a Middle Office role, please apply!
As an Emerging Markets Exotics & Hybrids Middle Office - Associate in the Global Currencies and Emerging Markets Middle Office team, you'll be responsible for understanding trading structures to accurately capture all transactions, complete reconciliation checks, and ensure controls are performed. You will work closely with Operations functions and infrastructure groups to support the "one team approach."
Currencies and Emerging Markets (CEM) Exotics & Hybrids is a multi-asset class trading desk focused on providing clients with widely traded and bespoke derivatives tailored to client requirements. The desk operates in markets across EMEA and LATAM, with a primary focus on Emerging Markets Rates. However, the role requires standard London working hours.
Job responsibilities
- Ensures timely and accurate capture of all transactions in the Risk Management Systems
- Completes intraday and end-of-day processes, including reconciliation checks, to ensure accurate book management
- Works closely with Operations and infrastructure groups to support a unified team approach
- Ensures all controls are diligently performed, completed, and signed off in a timely manner
- Maintains clear communication with support teams to resolve queries efficiently
- Participates in strategic initiatives to improve processes and business architecture
- Builds an in-depth understanding of trading structures from financial and operational perspectives
Required qualifications, capabilities, and skills
- Understand all relevant derivatives and hedging products (Interest Rate Swaps, Basis Swaps, Cross Currency swaps, Forward Rate Agreement (FRA), FX Spot, FX Forwards, FX Options, Bonds, Futures, Repos and Credit Default Swaps)
- Knowledge of the front to back Operations process (including the key elements such as confirmations, settlements, regulatory reporting) and facilitate issue resolution across teams
- Understand the key elements of other infrastructure groups (i.e. Finance, Market risk, Credit risk, Operational risk, Legal, Collateral etc.) and recognize the impact of the actions of the Trade support team on these areas
- Must have clear communication skills and an ability to use these to work collaboratively, explain, and challenge, as appropriate
- Attention to details and sense of ownership
- Great team player able to work in a pressurized and changing environment
- Possess strong analytical and numerical skills
- Strong problem-solving, control, and project management skills
Preferred qualifications, capabilities, and skills
- Strong technical skills, especially in Excel (VBA is a plus)
- Experience with digital tools including Alteryx & Tableau
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
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.
