At a Glance
- Tasks: Join a dynamic team to manage cash processing and controls for hedge funds.
- Company: Innovative financial services firm with a focus on collaboration and creativity.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Why this job: Make an impact in a growing market while developing your skills in finance.
- Qualifications: Experience in payments or controls, strong analytical and problem-solving skills.
- Other info: Gain exposure to global partners and enhance your leadership abilities.
The predicted salary is between 48000 - 72000 Β£ per year.
Be a member of a dynamic team where individuals with diverse skills and backgrounds unite to achieve common goals through excellence and creativity. As a Vice President in the Prime Brokerage Cash and Controls team you will provide services to hedge funds and professional investors enabling them to finance their investment activities through a bespoke range of products tailored to suit their needs. The range of services typically available to our Prime Brokerage clients are Global Custody, Securities Lending, Financing and Margin Solutions. You will be responsible for cash wire processing, payments processing as well as controls around equity and fixed incoming trading activity. In this role you will learn and gain exposure to a growing market and you will play an active part in the success of the team.
Job Responsibilities
- Processes payments
- Reviews and applies incoming cash wires to institutional and retail clients
- Takes care of Payment controls, understanding and adherence to these controls and adhering to these standards
- Investigates and resolves cash and control breaks
- Liaises with global partners and stakeholders to resolve and mitigate reconciliation issues related to the Prime Brokerage product range
- Performs, designs and implements key controls across the trade lifecycle process
- Analyses and identifies opportunities to increase STP
- Develops, revises and ensures adherence to company and department policies and procedures
- Ensures that all work items are completed as per the agreed timeline
- Prepares and analyses metrics
Required qualifications, capabilities, and skills
- Relevant experience or equivalent expertise in payments or controls
- Demonstrated advanced skills in using automation technologies to optimize payment systems and processes
- Advanced knowledge of market products, including their definitions, operating procedures, and relevant industry regulations
- Proactive approach to problem solving, taking ownership of issues, and having the determination to follow through
- Impeccable time management
- Ability to deliver at a high standard even when under pressure
- Finra licensing; SIE + Series 99
- Expertise in data analysis techniques, with the ability to communicate data-driven insights effectively to inform strategic decisions
- Expertise to create presentations across various levels
- Ability to deliver in person and virtual presentations to senior management and stakeholders
Preferred qualifications, capabilities, and skills
- Financial services experience in Corporate Banking
- Strong payments understanding and background
- Stronger leadership skills
- Experience within Prime Brokerage / Securities Settlements / Asset Servicing
- Experience of Reconciliations
- Analytical skills
As a successful applicant you will be required to obtain your FINRA Series 99 certification within 12 months of your start date.
Prime Brokerage Cash And Controls - Vice President in Bournemouth employer: J.P. Morgan
Contact Detail:
J.P. Morgan Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Prime Brokerage Cash And Controls - Vice President in Bournemouth
β¨Network Like a Pro
Get out there and connect with people in the finance industry! Attend events, join online forums, and donβt be shy about reaching out on LinkedIn. We all know that sometimes itβs not just what you know, but who you know that can help you land that Vice President role.
β¨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with payments and controls. We want to see how you can bring your advanced skills in automation and data analysis to the table. Be ready to share specific examples of how you've tackled challenges in the past!
β¨Prepare for the Interview
Do your homework before the interview! Understand the Prime Brokerage product range and be prepared to discuss how your background aligns with their needs. We suggest practising common interview questions and even doing mock interviews with friends to boost your confidence.
β¨Apply Through Our Website
Donβt forget to apply through our website! Itβs the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and take the initiative to engage directly with us.
We think you need these skills to ace Prime Brokerage Cash And Controls - Vice President in Bournemouth
Some tips for your application π«‘
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Vice President role. Highlight your relevant experience in payments and controls, and donβt forget to mention any automation technologies you've used!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your passion for the financial services industry and how your background makes you a perfect fit for our dynamic team at StudySmarter.
Showcase Your Problem-Solving Skills: In your application, give examples of how you've tackled challenges in previous roles. We love candidates who take ownership and have a proactive approach to problem-solving, so let that shine through!
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way for us to see your application and get you into our system quickly. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at J.P. Morgan
β¨Know Your Products Inside Out
Make sure you have a solid understanding of the Prime Brokerage services, especially Global Custody, Securities Lending, and Financing. Be ready to discuss how these products can be tailored to meet client needs, as this will show your expertise and enthusiasm for the role.
β¨Showcase Your Problem-Solving Skills
Prepare examples of how you've proactively solved issues in past roles, particularly related to payments or controls. Highlight your determination to follow through on problems, as this aligns with the proactive approach theyβre looking for.
β¨Master the Metrics
Familiarise yourself with key performance metrics relevant to cash processing and controls. Be prepared to discuss how youβve used data analysis to inform decisions and improve processes in previous positions, as this will demonstrate your analytical skills.
β¨Practice Your Presentation Skills
Since you'll need to present to senior management and stakeholders, practice delivering clear and concise presentations. Use examples from your experience to illustrate your points, and ensure you can communicate complex information effectively, both in person and virtually.