Derivatives Operations Associate

Drive trade execution and confirmations, streamline ops, mitigate risk, and partner with teams in a fast paced derivatives environment.
As a Derivatives Operations Associate within JPMorganChase, you will play a pivotal role in the execution and processing of trade orders, ensuring the smooth operation of our trading and portfolio management businesses. Your work will have a significant impact within your team, contributing to the overall performance of our trading services. You will be responsible for managing daily tasks and remediation activities while leading process improvement.

Job responsibilities

• Draft structured confirmations using trade risk management systems and terms sheets
• Understand structured products and the respective legal documentation requirements, including, but not limited to, long-form confirmations, Transaction Supplements and Master Confirmation Agreements.
• Drive efficiency in the current process and identify incorrect booking practices and educate Middle Office on the impact
• Manage workflow in a queue, ensuring that allocations are managed in a timely manner
• Ensure drafting is checked for accuracy of financial details and ISDA language and are in accordance with JPMorgan and market standards.
• Build and sustain strong working relationships with internal Lines of Business including Middle Office, Front Office, and internal counterparts
• Ensure all issues are investigated and resolved in a timely manner as per Business Standards
• Review the process to identify possible improvements and that sufficient controls and procedures are in place and adhered to, in order to guard the Bank from risk or exposure
• Ensure the confirmation process follows the Bank's compliance, audit and legal policies
• Work with traders and marketers, marketing support groups, middle office, Legal, client servicing team and other departments on a daily basis

Required qualifications, capabilities and skills

• Strong partnership abilities
• Excellent Team Working Skills and Personal Motivation
• Demonstrated ability to manage complex product coverage efficiently
• Adaptable to changing priorities and capable of shifting workload seamlessly
• Proven flexibility in handling dynamic and fast-paced trading environments
• Comfortable and effective in managing stress within high-pressure situations
• Strong analytical skills with complementary communications and presentation skills with attention to detail and accuracy
• Highly numerate with excellent keyboard skills and a high-level of computer literacy
• Understanding of the large financial risks that can be incurred through operational errors and control risks
• Advanced skills in process improvement methodologies, with a track record of optimizing operations in a financial services environment

Preferred qualifications, capabilities and skills

• ISDA knowledge, Derivatives product knowledge and experience
• Self-starter
• Ability to learn quickly
• Strong leadership skills with focus to mitigate risks and taking proactive approach to ensure "Best in Class" results