Job Description

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Join our team and use your strong numerical and analytical skills to ensure all the transactions are settled down and reconciled in a timely and accurate manner.

As EMEA Settlements Analyst you will join the Cash Prematching team and you will collaborate regularly with internal business partners, front office, clients and brokers. You will be also involved in ensuring stringent controls are applied to the daily inventory management activities and you will be driving both process improvements in the end to end operating model as well as supporting the implementation of a strategic development and automation program.

The Prime Brokerage Fixed Income inventory management team comprises of a business-aligned support team to perform Cash and Repo transaction inventory management via pair off activity. This extends from trade rules maintenance, netting agreements being actioned on eligible trades with the brokers daily, ensuring the payments or receipts are settled timely and transactions settled down and reconciled timely and effectively.

Job responsibilities

• Identifies and agree eligible pair off opportunities with Brokers by the required timeframe daily
• Initiates payments and/or ensure net cash receipts are agreed and paid by brokers timely and monitor and follow up on non-receipt
• Partners with various internal teams including the Settlements and Reconciliations teams for timely settlement of the netted trades and payments and ensure reconciliation exceptions are reviewed and resolved timely
• Ensures all transaction status updates are reflected in the workflow tool for clear audit trail and client reporting
• Facilitates dividend payments to American Depositary Receipt (ADR) holders and acts as an escalation point for offshore core settlements team ADR
• Takes responsibility for managerial review of wires, trades, cash tickets ADR, metrics reporting and analysis of key ADR statistics as well as escalation of unmatched trades, outstanding cash or any such urgent matters or requirements for assistance
• Performs End of Day controls to be completed, reviewed and approved to ensure daily controls actioned and creates detailed business control metrics
• Ensures all tasks are completed within timeframes, processing windows, market regulations, bank policies, and what is deemed prudent to minimize risk and maintains process related reference data
• Actions and performs root cause analysis on the activities for opportunities to improve the operating model and reduce turn-around times
• Participates continuously in initiatives to develop and improve the function and operating model including root cause analysis, process improvement, technology development deliverables etc.
• Takes ownership of work, problems, clarify issues / objections, and ensure data integrity, accuracy and completeness

Required qualifications, capabilities, and skills

• Highly motivated, pro-active and enthusiastic
• Highly numeric with excellent attention to detail in all areas
• Strong written & oral communication skills
• Strong Data analytics
• Sound risk and controls mindset
• Ability to work as a team player
• Familiarity with the securities industry and/or ADR Products
• Ability to develop relationships with clients, the business, brokers and a variety of other contacts across operations
• Ability to work in a highly pressured environment, meeting tight intra-day deadlines
• Proficient in Microsoft Excel
• Be innovative and suggest and drive system improvement capabilities

Preferred qualifications, capabilities, and skills

• Practical knowledge of JPM suite of digital ops tools
• Awareness of and compliance with relevant policies, controls, regulations and escalation protocols

About Us: J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world\'s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants\' and employees\' religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team:

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world\'s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Operations teams develop and manage innovative, secure service solutions to meet clients\' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

JPMorgan Chase