Margin and Collateral Associate

Join our Bournemouth based Client Service Representative team! Do you have experience with buy-side clientsand would like to utilize your communication skills Then you found the right position!

As a Margin and Collateral Associate within our Collateral Services team you will play a crucial role in mitigating counterparty risk. You will monitor and collect collateral for our trading businesses make independent decisions and build relationships with our priority buy-side clients and internal partners. This role offers the opportunity to work in a controlled environment where your judgment and decision-making skills will be highly valued.

Job responsibilities

• Interacts with customers generating collateral statements and sending calls to clients for both standard and non-standard agreements
• Answers incoming collateral calls sent by clients comparing them to JP Morgans exposure
• Agrees on the amount and type of collateral to be moved. I.e. Cash or securities; follow up on anycounterparty fails
• Provides timely resolution of incoming queries regarding a clients portfolio escalation of issues reconciliation and dispute resolution with regards to disputes or credit sensitive customers
• Ensures accuracy when processing and approvingdaily BAU
• Acts on agreement of coupons due on securities held as collateral & processing of month end tasks including the agreement of interest on any cash collateral held/delivered
• Participates in projects testing to ensure JPM operating infrastructure continues to be enhanced and developed to meet the business needs (Occasional weekend testing support may be required)
• Maintains current knowledge on controls required to maintain firmwide compliance
• Builds strong networks with key stakeholder group
• Engages and influences Global Partners on change requirement
• Identifies areas for improving process quality control and productivity

Required qualifications capabilities and skills

• External Client services experience or similar experience interacting with senior/demanding internal clients with strong client communication skills and an strong ability to build client relationships
• High level of accuracy and attention to detail is required with an ability to work with minimal supervision and in a methodical and organized manner and to follow procedures.
• Must be highly numerate with good keyboard and core system (Outlook Excel and Word) skills
• Ability to work as part of a team and be flexible during busy periods such as month end & self motivated and flexible approach to working hours
• Working knowledge of OTC Derivatives Collateral Management and supporting Legal documentation (E.g. ISDA GMRA)