Bond Settlement and Money Market Administrator at JPMorgan Chase & Co.

About the job

• The CEM analyst will be responsible for the BAU operational processes for the Money Market and Fixed Income settlement business as well as administration tasks across other lines of businesses. The role is suited to a motivated and innovative self-starter with the necessary skills and experience to drive change as well as to ensure an efficient and controlled operating model. This includes working within the operating model, technology requirements and business processes needed to facilitate the business whilst maintaining a robust control environment

Key Responsibilities

• Monitoring and assistance with the daily settlement process
• Investigating and solving all queries reported by the settlement agent
• Calculation and verification of daily settlement funding requirement
• Position management - short positions to be investigated, verified and reported, accurately and on time
• Preparation of cash receipts, payments and journals
• Daily reconciliation of bank accounts across all products and monitoring and resolving all nostro outstanding items
• Ensuring a well-controlled and efficient operating model that includes the performance of all relevant control reconciliations including stock/cash positions and FOBO reconciliations
• Ensure robust support across the transaction life cycle, identifying key areas of risk and ensuring that mitigating controls are effectively implemented and adhered to
• Liaising with sales/traders; clients; custodian and internal JPM colleagues and teams to ensure timely and accurate processing and settlement of all transactions
• Appropriate escalation and reporting of any pertinent issues
• Capturing of trades in the JPM corporate systems
• Proactive problem identification and query resolution
• Identify and execute process improvements and provide SME support on key process and technology initiatives
• Ensure all trades are correctly captured in the risk systems at the end of the day
• Resolution of all queries
• Maintenance of static data
• End of day processes
• Ownership and resolution of all daily tasks as well as any extraordinary issues that arise
• Development and training of personnel
• Project management - Involvement with project work arising from new system implementations, new products and general improvement and development of processes
• Meeting all MIS and reporting deadlines
• Implementation of new processes and systems
• Provide business support and effectively partner with other areas of the bank as necessary
• Maintenance of standard operating procedures
• Production and distribution of trade confirmations
• Managing the expectations and requirements of key stakeholders
• Presentation of key issues and risks on a regular basis at various control forums
• Own and drive to completion all relevant industry initiatives

Key Competencies

• Ability to interact effectively with clients, custodian and settlement authority
• Good appreciation of the necessity for a controlled operations environment
• Ability to develop and maintain sound working relationships with other areas in the bank
• Ability to prioritise and co-ordinate work flows effectively
• Ability to work well under pressure
• Attention to detail - high level of accuracy
• Strong analytical and numerical skills
• Good Excel and Word Skills
• Good communication skills - both written and verbal

Educational/Qualifications

• B. Comm or similar qualification preferable
• Qualified JSE Settlement Officer an advantage

Experience

• 3+ years relevant market experience
• Proficient Excel skills
• Key Personality Traits
• Self-starter and self-motivated with initiative
• Strong team player
• Innovative
• Ability to work under pressure
• Deadline/control orientated
• Hardworking / Fast learner - strength of character
• Enthusiastic
• Assumes ownership
• Client orientated
• Leadership qualities
• Accountable

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.