JPMorgan Chase CIB Operations - Equity Middle Office – Soft Dollar Support in New York, New York
The Commission Management Group is a client facing team that is responsible for looking after commission agreements that allows investment managers to separately pay the broker for trade execution and ask that the remaining commission be allocated to a client account, where the investment manager would accrue CSA credits and use them to pay eligible research/brokerage providers. The team is recruiting an associate/analyst who will have wide-ranging responsibilities in performing this role, ranging from daily control functions, trade break investigations and reconciliations, vendor documentation, legal documentation, tax governance to accommodating ad hoc tasks from the trading desk and the other operational teams with whom we partner.
The successful candidate will be expected to build a solid understanding of front to back trade flows and equity systems infrastructure. Developing strong working relationships with a wide range of both regional and global middle, back office, technology and finance teams will be essential to succeed in this role. The right candidate will preferably have an operations background, strong analytical skills, and needs to be able to work efficiently in a fast paced, high volume environment.
Trade reconciliation and Management
Coordination of payments to vendors on behalf of CSA clients
Management of trade exceptions
Partner with other MO and FO teams globally to resolve issues
Perform a variety of daily control functions
Identify process weaknesses and work with technology teams to implement solutions
Create adhoc reports for MO and FO management
Experience in an operations role
Strong analytical and problem solving skills
Ability to multitask and to work under pressure, prioritizing duties according to risk and client profiles
Excellent communication and interpersonal skills, ability to partner with teams across Operations, technology, finance and the front office
Experience in Microsoft Excel
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.