At a Glance
- Tasks: Support EMEA Equity Derivative Structured Products with trade booking and process improvement.
- Company: Join J.P. Morgan, a global leader in financial services.
- Benefits: Competitive salary, diverse culture, and opportunities for professional growth.
- Why this job: Make an impact in a dynamic team while working with innovative financial products.
- Qualifications: Strong knowledge of structured products and excellent attention to detail required.
- Other info: Collaborative environment with a focus on diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
Support EMEA Equity Derivative Structured Products Desks, ensuring seamless trade booking, validation, and process improvement in a dynamic team.
Job Responsibilities
- Works with sales to provide pre‑trade approvals on new structured products, ensuring clients are on‑boarded correctly and all pre‑trade formalities are completed prior to issue date.
- Prepares various calculations on structured trades (cross asset class) for expiries, coupons, physical pay‑offs and drafting fixing notices for custodians.
- Calculations are performed using term sheets, confirmations and models built in Excel pulling in data from Bloomberg and various data sources.
- Responsible for booking Structured Products into various front‑office systems. Products range from ETP (exchange traded products/notes), range accruals, accumulators, auto‑callable, callable notes, FX notes and various other exotic structures.
- Works with sales and trading to build the ETP business to on‑board new trades, automate the flow and enhance marketing material to cover all JPM new product range.
- Works on projects to reduce manual labour, increase controls and mitigate risk of input errors on trades.
- Identifies, implements and supports efforts to drive down manual work per trade, and collaborates with other JPM teams in reducing costs within the middle office by utilising low‑cost centres.
- Improves daily processes to cut down on manual tasks, reduce risks, increase controls and assist in all new business activities.
Required Qualifications, Capabilities and Skills
- Excellent product knowledge on a range of Structured Products under various asset classes (Equity Derivatives, FX, Commodities etc).
- Understanding of the booking flows of structured products from front‑office risk systems, to full product lifecycle management (coupons, knockouts, corporate actions) to settlement (from JPM, to custodians to clearers).
- Excellent attention to detail and control mindset.
- Time management, ability to prioritise effectively, to work under pressure in an ever changing and evolving environment while maintaining quality.
- A team player, capable of building effective business relationships across the organisation, understanding the roles of different teams within the bank and ensuring the correct teams are engaged throughout the life of a trade.
- Pro‑active approach to problem solving; root cause analysis, identifying solutions and taking ownership to resolution.
Structured Products Operations - Senior Associate employer: JPMorganChase
Contact Detail:
JPMorganChase Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Structured Products Operations - Senior Associate
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work with structured products. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your product knowledge. Make sure you can discuss various structured products confidently, as well as their booking flows and lifecycle management. We want you to shine!
✨Tip Number 3
Show off your problem-solving skills! Be ready to share examples of how you've tackled challenges in previous roles, especially around process improvements or risk mitigation. This will demonstrate your proactive approach.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our dynamic team at J.P. Morgan.
We think you need these skills to ace Structured Products Operations - Senior Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Structured Products Operations role. Highlight relevant experience and skills that match the job description, especially your product knowledge and attention to detail.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this position. Use it to showcase your understanding of structured products and how your proactive problem-solving approach can benefit our team.
Showcase Your Team Spirit: We love team players! In your application, mention experiences where you've successfully collaborated with others. This will show us you can build effective business relationships across the organisation.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at JPMorganChase
✨Know Your Structured Products
Make sure you brush up on your knowledge of various structured products, especially those related to equity derivatives, FX, and commodities. Be ready to discuss how these products work and their lifecycle from booking to settlement.
✨Showcase Your Attention to Detail
Given the importance of accuracy in this role, prepare examples that demonstrate your attention to detail. Think about times when your meticulousness helped avoid errors or improved processes in previous jobs.
✨Demonstrate Your Problem-Solving Skills
Be prepared to discuss specific instances where you've identified problems and implemented solutions. Highlight your proactive approach and how you took ownership of issues to drive them to resolution.
✨Build Relationships with Team Dynamics in Mind
Since teamwork is crucial, think of examples where you've successfully collaborated with different teams. Show that you understand the roles of various departments and how effective communication can enhance trade processes.