Cash and Controls Associate II
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Job Location:
Newark, DE - USA
Monthly Salary:
Not Disclosed
Posted on:
22 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
Description
Join our team where youll play a crucial role in ensuring accurate and efficient trade processing across all asset classes. Your advanced analytical skills and trade lifecycle expertise will be vital in solving complex problems making impactful decisions and ensuring compliance with industry standards.
As an Associate II in our Prime Brokerage team you will have the opportunity to develop your skills while contributing to a collaborative group that values growth and learning you will join us and be part of a company that supports your professional journey and offers exciting challenges. This is an excellent opportunity for a motivated professional seeking to make a difference in a supportive and dynamic environment. Youll work alongside individuals with diverse skills and backgrounds united to achieve common goals through excellence and creativity. The successful applicant will be required to successfully obtain their FINRA Series 99 certification within 12 months of their start date.
Job responsibilities
As an Associate II in our Prime Brokerage team you will have the opportunity to develop your skills while contributing to a collaborative group that values growth and learning you will join us and be part of a company that supports your professional journey and offers exciting challenges. This is an excellent opportunity for a motivated professional seeking to make a difference in a supportive and dynamic environment. Youll work alongside individuals with diverse skills and backgrounds united to achieve common goals through excellence and creativity. The successful applicant will be required to successfully obtain their FINRA Series 99 certification within 12 months of their start date.
Job responsibilities
- Oversee the preparation and management of funding for managed demand deposit accounts (DDAs) ensuring proper allocation of wires to client/funding accounts within the appropriate threshold.
- Conduct comprehensive reconciliation of ledgers using various systems and tools identifying and addressing any discrepancies promptly.
- Collaborate with other lines of business to facilitate proper funding ensuring seamless coordination and communication.
- Validate internal entries for processing and confirming instructions applying a keen attention to detail and a thorough understanding of trade lifecycle processes.
- Lead and manage projects in partnership with various Operations Departments leveraging your project management skills to meet goals and deliver results.
- Contribute to end-to-end process and operating model reviews identifying areas for improvement and implementing effective solutions.
- Ensure proper controls are in place to mitigate financial risks proactively identifying and addressing any gaps.
- Support strategic projects in partnership with Product Tech and Change partners facilitating seamless change adoption with a key focus on strategic stack adoption.
- Know the front to back Operations process (including the key elements such as confirmations settlements regulatory reporting) and facilitate issue resolution across teams.
Required qualifications capabilities and skills
- 3 years of experience in managing trade lifecycle processes with a focus on cash movements and funding for managed demand deposit accounts.
- Demonstrated proficiency in using automation technologies to optimize trade lifecycle operations and implement process improvements.
- Advanced knowledge of market product definitions operating procedures and industry regulations with the ability to apply this knowledge in day-to-day operations.
- Proven ability to manage projects effectively with experience in leading cross-functional teams and delivering results within set timelines.
- Proficiency in data analysis and interpretation with experience in using various systems and tools for ledger reconciliation and discrepancy resolution.
FINRA licensing: SIE Series 99 (or willingness to obtain)
Required Experience:
IC
Key Skills
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
