drjobs Margin&Collateral Manager III

Margin&Collateral Manager III

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1 Vacancy
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Job Location drjobs

Newark - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description

If you are interested in an evolving fast paced environment at the forefront of industry transformation please join us!

As a Margin & Collateral Manager within our Collateral Services Team you will play a crucial role in supporting bilateral OTC derivative collateral requirements and all related settlements. You will primarily engage with buyside clients such as Hedge Funds Investment Advisors and Asset Managers fostering internal partnerships with the Markets Sales Prime Brokerage Credit Executive Middle Office and Line of Business Operations teams.

In this role you will be at the forefront of the evolving financial services industry contributing to regulatory efforts aimed at decreasing systemic and counterparty risk. This is an exciting opportunity to be part of a team that is central to the standardization of trading and risk management practices.

Job Responsibilities

  • Oversee efficiently and accurately the processing of both outgoing and incoming margin calls
  • Ensure all transfers agreed are eligible under the appropriate legal document
  • Account for the uncollateralized credit risk of a subset of Investment Bank clients with responsibility for identifying and escalating fails and disputes in a timely and accurate manner to Credit/Risk Management Collateral Risk Management and Operations Management
  • Respond 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
  • Escalate and resolve client disputes related to both collateral and trade settlement discrepancies
  • Oversee Risk Mitigation (Operational Financial and Reputational)
  • Possess quality client Service and strong written and verbal communication skills
  • Maintain and build excellent relationships with both internal partners and external clients

Required qualifications capabilities and skills

  • Minimum 5 years of Operations experience
  • Desire to work in a fastpaced environment
  • Selfmotivated enthusiastic with a great appetite to learn
  • Excellent relationshipbuilding and good communication 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
  • Understand the risks and adhere to the controls in place at all times
  • An exceptional level of indepth experience in production client people/team dynamics risk and project management
  • Excellent interpersonal negotiating and oral and written communication skills
  • Expertise in presentation influencing and facilitation skills

Preferred qualifications capabilities and skills

  • Previous exposure to financial products and derivatives instruments advantageous but not essential
  • Process oriented with strong attention to detail highly entrepreneurial creative openminded persistent highly collaborative and with a passion for delivering business results
  • Derivatives or Securities experience

J.P. Morgan is a leader in investment banking financial services for consumers small business and commercial banking financial transaction processing asset management and private equity. J.P. Morgan Chase as a company provides an environment where leadership excellence integrity and diversity are among our core principles and offers an exceptional benefit program and a highly competitive compensation package. For further information about J.P. Morgan Chase visit our website: .





Required Experience:

Manager

Employment Type

Full-Time

Company Industry

Department / Functional Area

Operations

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