At a Glance
- Tasks: Process and monitor Futures & Options trades, ensuring accuracy and timely clearing.
- Company: Join JPMorgan Chase & Co., a leading global financial institution with a strong market presence.
- Benefits: Enjoy a competitive salary, hybrid work setup, and opportunities for professional growth.
- Other info: Inclusive environment with support for all candidates throughout the recruitment process.
- Why this job: Make an impact in the fast-paced world of finance while developing your skills.
- Qualifications: 2+ years in Financial Services or a relevant degree; strong analytical skills required.
The predicted salary is between 29700 - 36300 £ per year.
Clearing Operations Associate
Location: Bournemouth Contract: 12 months Work Setup: Hybrid - 4 days in the office (Fully onsite for 6 weeks)
Who We Are
JPMorgan Chase & Co. is a leading global financial institution headquartered in New York City.
It offers diverse financial services-including consumer banking, investment banking, commercial banking, and asset management-to clients worldwide.
It is the largest U.
S. bank by asset size, known for its strong market position, technological innovation, and global reach.
The company focuses on delivering shareholder value, operational efficiency, and sustainable growth.
What You'll Do
- Process and monitor exchange-cleared Futures & Options trades on Trade Date (T), ensuring timely, accurate clearing into GMI and maintaining the integrity of cleared trade processing.
- Investigate and resolve clearing exceptions, trade queries and processing issues, ensuring trades are correctly booked and suspense accounts remain balanced.
- Support downstream Operations teams by analysing trade activity and clearing records to resolve position, cash and settlement breaks.
- Perform clearing-related operational activities, including average pricing, allocations, daily operational controls and support during contract roll and quarterly expiry periods.
- Liaise with exchanges, clearing brokers, Front Office, Middle Office, Technology and Operations teams to resolve operational issues and deliver an efficient clearing service.
- Escalate operational risks, exceptions and service issues promptly, ensuring timely resolution in line with agreed service levels and control standards.
- Contribute to system testing, operational change, process improvement and automation initiatives to enhance operational efficiency, controls and service delivery.
What You Bring
- 2+ years' experience in Financial Services, ideally within Futures & Options Operations, Clearing Operations or another post-trade environment; alternatively, a relevant Financial Services degree.
- Good understanding of exchange-traded derivatives, the listed derivatives trade lifecycle and clearing processes.
- Experience with reconciliations, data analysis and data administration within an operational environment.
- Knowledge of GMI or similar clearing platforms and familiarity with central counterparty (CCP) clearing processes is advantageous.
- Strong analytical and problem-solving skills, with the ability to investigate issues and identify root causes.
- Ability to manage multiple priorities in a fast-paced, time-sensitive environment while maintaining accuracy and attention to detail.
- Proficient in Microsoft Excel, with excellent communication skills and a continuous improvement mindset focused on automation and operational efficiency.
We are committed to creating an inclusive recruitment experience.
If you require support or adjustments to the recruitment process, our Adjustment Concierge Service is here to help.
Please feel free to contact us at adjustments@robertwalters. com to discuss how we can support you.
This position is being recruited on behalf of our client through our Outsourcing service line.
Resource Solutions Limited, trading as Robert Walters, acts as an employment business and agency, partnering with top organizations to help them find the best talent.
We welcome applications from all candidates and are committed to providing equal opportunities.
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Clearing Operations Associate in Bournemouth employer: J.P. Morgan
As a leading global financial institution, we pride ourselves on fostering a dynamic and inclusive work environment that empowers our employees to excel. The Head of Markets Tax Operations role offers unparalleled opportunities for professional growth, collaboration across diverse teams, and the chance to drive innovation in tax operations while working in vibrant locations like Spain, Italy, and Hungary. Join us to be part of a culture that values excellence, embraces technology, and prioritises employee development, ensuring you can make a meaningful impact in your career.
StudySmarter Expert Advice🤫
We think this is how you could land Clearing Operations Associate in Bournemouth
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
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Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like J.P. Morgan.
✨Connect with Alumni from Your Uni
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Keep your eyes peeled on job boards specifically for finance roles. Companies like J.P. Morgan might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Clearing Operations Associate in Bournemouth
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at J.P. Morgan will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at J.P. Morgan. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give J.P. Morgan confidence in your short-term commitment to the role.
How to prepare for a job interview at J.P. Morgan
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with J.P. Morgan.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure J.P. Morgan that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
