Margin&Collateral Manager Vice President
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Job Location:
Chicago, IL - USA
Monthly Salary:
$ 95500 - 153000
Posted on:
10 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
Come join a winning team! We have an exciting opportunity to help expand your knowledge skills and abilities in themarginingspace.
As a Vice President within the Futures and Derivatives Clearing Client Margins team you will provide strategic and operational oversight for a team that serves as the daily contact for clients regarding their margin obligations. You will champion payment controls ensure adherence to regulatory and internal standards and drive continuous improvement in team processes. Collaboration with internal partners is key to enhancing the client experience and supporting operational transformation. This position requires a strong ownership mindset the ability to critically assess and resolve issues and a commitment to developing team capabilities in line with business priorities and Firm-wide objectives. Product knowledge and a keen focus on payment controls are essential for success in this role.
Job Responsibilities
- Lead and oversee a team serving as the primary escalation point for clients settling margin requirements
- Champion payment controls ensuring rigorous oversight and continuous process improvement
- Ensure all margin requirements are met in accordance with margin regulations client priorities and internal risk policies
- Resolve complex issues related to SWIFT formatting cash and securities settlement instructions (SSIs) and securities settlements across global markets
- Build and leverage relationships across Sales/RM Compliance Technology and Operations to drive solutions
- Analyze client behavior margin balances and exceptions to identify opportunities for improvement
- Implement solutions to enhance client experience drive capacity gains efficiency and strengthen controls
- Lead and participate in cross-functional initiatives (Regulatory Strategic/Platform Exchange/Product onboarding client experience) to improve service offerings
- Monitor industry developments in cleared derivatives and communicate relevant insights to management and the team
- Promote a culture of continuous learning and product expertise within the team
Required qualifications capabilities and skills
- Deep understanding of Derivatives Clearing business and the end-to-end lifecycle of Futures and Cleared OTC Swaps products
- Proven experience in team oversight with a focus on developing talent and fostering a culture of accountability
- Strong communication skills and ability to build relationships with external clients and internal stakeholders including Sales Controls Technology and Operations
- Demonstrated control mindset to identify process gaps prioritize and mitigate operational risk especially in payment controls
- Excellent problem-solving skills and ability to address operational and technical issues with sound judgment
- Ability to prioritize drive results and influence team members in a cross-functional diverse environment
- Strong organizational skills and attention to detail with ability to multi-task and deliver against tight deadlines
- Commitment to self-development and continuous learning
- Ability to synthesize complex information for various audiences
- Series 99 or ability to obtain
Preferred qualifications capabilities and skills
- Working knowledge or strong desire to learn data visualizations and analytics tools (Tableau Alteryx LLM etc.)
Required Experience:
Exec
Key Skills
- Change Management
- Financial Services
- Growing Experience
- Managed Care
- Management Experience
- Analysis Skills
- Senior Leadership
- Performance Management
- Process Management
- Leadership Experience
- negotiation
- Analytics
About Company
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans ov ... View more
