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Rates Sales Trade Support Associate

Rates Sales Trade Support Associate

CompanyJP Morgan Chase
LocationNew York, NY, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelJunior, Mid Level

Requirements

  • Bachelor’s degree required with a strong GPA.
  • Minimum of 2+ years of related experience in derivatives.
  • Motivated, high-energy individual who works well under pressure and is resilient.
  • Knowledge of Swaps, Options, Swaptions, Caps and Floors, and general knowledge of exotic derivative products.
  • Knowledge of relevant Dodd-Frank Act & EMIR regulations.
  • Excellent client service skills.
  • Excellent Excel skills.
  • Strong written and verbal communication skills.

Responsibilities

  • Perform operational support for derivative trades, including inception/execution, client setup, booking verification, client trade check out, MWIRE affirmation, confirmation review, and sales revenue reconciliation.
  • Comply with all trade processing controls and regulatory requirements.
  • Respond quickly to marketer or client requests and queries.
  • Escalate problematic trades to Sales, Middle Office, and Operational Management as required.
  • Act as a single point of contact for queries from marketers, clients, and internal teams, including Risk Middle Office, Reference Data Team, Confirmations, DTCC, Settlements, Valuations, Collateral, Legal, Credit, and Audit.
  • Onboard clients to preferred electronic matching utility (MarkitWire).
  • Drive Technological Enhancements.

Preferred Qualifications

  • Experience in a fast-paced, deadline-driven environment.
  • Ability to collaborate effectively with cross-functional teams.