J.P. Morgan
Margin & Collateral Specialist
This job is now closed
Job Description
- Req#: 210455450
- You will be client focused, able to work independently under strict deadlines with limited supervision, be control oriented
- Efficiently and accurately process both outgoing and incoming margin calls and provide transparency to the client on the margin call when necessary
- Ensuring all transfers agreed are eligible under the appropriate legal document
- Responding to client inquiries, and when needed, coordinate with the appropriate Front/Middle Office as well as the core processing area in order to facilitate resolution
- Identifying and resolving client disputes related to both collateral and trade settlement discrepancies
- Risk Mitigation (Operational, Financial and Reputational)
- Maintaining and building excellent relationships with both internal partners and external clients
- Desire to work in a fast-paced environment
- Self-motivated, enthusiastic with a great appetite to learn and develop new skills
- Excellent time management skills and the ability to organize and prioritize work in a busy environment with the ability to work under pressure and to deadlines
- Previous exposure to financial products including securities and derivatives instruments advantageous but not essential.
- Process oriented with strong attention to detail, highly entrepreneurial, creative, open-minded, persistent, highly collaborative and with a passion for delivering business results.
- Excellent relationship building & influencing skills, with strong written and oral communication and interpersonal skills.
Post the financial crisis, the financial services industry continues to evolve and re-invent itself, partly driven by global financial reform. At the forefront of financial reform are regulatory efforts to decrease systemic and counterparty risk with an aim at standardizing certain trading and risk management practices. In the middle of these efforts is the need to collateralize/margin transactions executed or cleared between financial firms. If you are interested in an evolving fast paced environment at the forefront of industry transformation, please join us!
Job Summary
The Collateral Services Team supports bilateral OTC derivative collateral requirements and all related settlements. The Client Service Representative will deal primarily with buy-side clients (Hedge Funds, Investment Advisors/Asset Managers) and will develop partnerships internally with various Marketers/Salespeople, individuals in Prime Brokerage, Credit Executives, Middle Offices, and Line of Business Operations Teams
Job Responsibilities
Required Qualifications, Capabilities, and Skills
Preferred qualifications capabilities and Skills
About the company
J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients' interests first.
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