At a Glance
- Tasks: Support global clients and optimise margin and treasury operations in a dynamic team.
- Company: Join J.P. Morgan, a leader in financial services with a collaborative culture.
- Benefits: Competitive salary, health benefits, and opportunities for professional growth.
- Why this job: Make a real impact by driving process improvements and collaborating internationally.
- Qualifications: Experience in Futures and Options operations and strong problem-solving skills required.
- Other info: Dynamic environment with excellent career growth opportunities and a focus on digital automation.
The predicted salary is between 36000 - 60000 £ per year.
Join a dynamic team at J.P. Morgan, where you’ll play a key role in supporting global clients and optimizing margin and treasury operations in Futures & Derivatives Clearing – Global Equity Operations. Make an impact by driving process improvements and collaborating across international teams.
As a Cleared Margin Client Service and Treasury Operations Representative within Global Equity Operations, you will manage a range of tasks including:
- Settling margin values (Cash, Securities, Letters of Credit) with clients
- Cash funding
- Global non-cash collateral settlements
- FX trade processing
- Reconciliation and break resolution
- Settling margin obligations at Central Counterparties
- Owning the full life cycle of the underlying securities trades of expired options and futures
Job responsibilities include:
- Managing and optimizing client collateral and monitoring its movement
- Answering incoming margin settlement requests sent by clients, comparing them to JP Morgan's exposure and agreeing on the amount and type of asset to be moved
- Continuing development of the Clearing Client Service offering
- Ensuring timely settlement of trades with exchanges and clients
- Timely follow up on any failed settlements
- Accurately funding exchange cash accounts and processing client FX transactions
- Preventing client payments from resulting in deficits and following up on counterparty issues
- Maintaining a controlled environment by adhering to and updating operational procedures
- Reporting significant issues to management and responding quickly to internal inquiries
- Supporting reconciliations, resolving discrepancies, and assisting with reporting and root cause analysis
- Handling ad hoc management requests, operational investigations, and audit requirements
- Regularly reviewing processes, suggesting improvements, and implementing enhancements
- Participating in strategic STP initiatives and managing complex change requests
- Ensuring full compliance with all control and educational requirements
Required qualifications, capabilities and skills:
- Previous Operations experience of Futures and Options (Cleared & OTC) or similar background
- Working knowledge of client service, cash funding, global settlements & reconciliations
- Strong problem-solving & strategic thinking abilities
- High accuracy & attention to detail, maintaining precision and being highly numerate, with strong proficiency in Excel and core systems
- Strong communication skills for detailed interactions across multiple lines of business and core processing areas
- Ability to work methodically, adhering to strict deadlines and performing well under pressure
- Proactive identification of risks and confidence to challenge stakeholders when controls may be compromised
- Efficient collaboration, supporting team goals, and fostering a positive team environment
- Eagerness to learn, asking the right questions, and adapting to new challenges
- Taking responsibility for mistakes, sharing lessons learned, and embracing feedback for growth
- Strong analytical abilities and enthusiasm for digital automation tools
Preferred qualifications, capabilities and skills:
- Experience with global margin settlements and multi-currency operations
- Familiarity with regulatory reporting and compliance requirements
- Exposure to process improvement and strategic project initiatives
- Ability to manage complex change requests within derivatives operations
- Experience supporting audit and operational investigations
- Knowledge of digital automation tools such as Alteryx
- Experience working with global teams across multiple locations
Cleared Margin Client Service and Treasury Operations Representative in Bournemouth employer: J.P. Morgan
Contact Detail:
J.P. Morgan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cleared Margin Client Service and Treasury Operations Representative in Bournemouth
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those at J.P. Morgan. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to margin settlements and client service. We recommend role-playing with a friend or using online resources to boost your confidence.
✨Tip Number 3
Showcase your problem-solving skills during interviews. Think of examples where you've improved processes or resolved discrepancies – this is your chance to shine!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you're serious about joining the team.
We think you need these skills to ace Cleared Margin Client Service and Treasury Operations Representative in Bournemouth
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Cleared Margin Client Service and Treasury Operations Representative. Highlight your relevant experience in operations, client service, and any specific skills that match the job description. We want to see how you can make an impact!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with J.P. Morgan's needs. Don’t forget to mention your problem-solving skills and any process improvements you've driven in the past.
Showcase Your Skills: Be sure to highlight your strong analytical abilities and proficiency in Excel. Mention any experience you have with global margin settlements or multi-currency operations, as these are key for the role. We love seeing candidates who can demonstrate their skills effectively!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us. Plus, we’re excited to see what you bring to the table!
How to prepare for a job interview at J.P. Morgan
✨Know Your Stuff
Make sure you brush up on your knowledge of Futures and Options, especially in relation to cleared and OTC operations. Familiarise yourself with margin settlements, cash funding, and reconciliations. This will not only help you answer technical questions but also show that you're genuinely interested in the role.
✨Showcase Your Problem-Solving Skills
Prepare examples from your past experiences where you've successfully identified issues and implemented solutions. J.P. Morgan values strategic thinking, so be ready to discuss how you can drive process improvements and handle complex change requests.
✨Communicate Clearly
Since this role involves detailed interactions across various teams, practice articulating your thoughts clearly and concisely. Think about how you would explain complex concepts to someone without a financial background. Good communication can set you apart from other candidates.
✨Be a Team Player
J.P. Morgan looks for candidates who can collaborate effectively. Prepare to discuss how you've worked within a team to achieve goals, supported colleagues, and contributed to a positive work environment. Highlight your eagerness to learn and adapt to new challenges as well.