Trading Services Associate

Overview

If Special Purpose Vehicle is one of your expertise - this role is for you!

As a Trading Services Special Purpose Vehicle – Associate in Market Operations Team, you will coordinate and ensure smooth settlement of the various SPV deals that are issued, providing operational and administrative support to the SPVs that have acceded to the Repackaging Programmes. You interact with senior internal stakeholders in the business, internal and external legal counsel and associated operational support teams, as well as external service providers, such as the Paying Agent, Custodian, Trustee and Corporate Administrators appointed by the SPVs to support the deals; gaining a true end to end view of the issuance process. The Special Purpose Vehicle Middle Office (SPV MO) provides the central point of contact and support for SPV deals that are issued off a Repackaging Platform. The team provides global support for deals that originate in Europe, Asia and North America, providing operational expertise to the marketers/structures that manage these bespoke deals.

Responsibilities

• Provide front to back, and cross-asset class Middle Office support to Trading, Structuring, Sales, Finance and Legal
• Co-ordinate multi-asset class SPV new issuance activity, providing operational support from pre-deal analysis, through Trade date until Issue Date
• Perform cost calculations for SPV activity, pricing new trades, restructurings and upsize cost impacts
• Run core daily tasks including lifecycle support on reconciliation of SPV cash balances, monitoring CLO activity, coupon fixing, payments and corporate actions
• Oversee complex activity, including restructuring, novation, upsize and unwind activity
• Understands all KPIs and exceptions to ensure timely resolution and escalation
• Drive process and control improvements, working on new business and technological initiatives to enhance the Repack space
• Ensures the smooth settlement of a variety of SPV Repackaging trades through coordination with each of the various teams involved
• Acts as the primary point person for the various service providers including Issuing and Paying Agents, Custodians, Corporate Administrators and Trustees on each deal; ensure all parties are informed of pipeline activity and all appropriate instructions for settlement are in place
• Maintain accurate records for all issuances and lifecycle activity
• Day to day query management, and provision of subject matter expertise to global SPV Repack stakeholders

Required Qualifications, Capabilities, And Skills

• Knowledge of complex transaction management/SPVs/repackaging
• Excellent time management and organizational skills – the ability to multi-task effectively
• Pro-active approach to problem solving; root cause analysis, identifying solutions and taking ownership of these through to resolution
• Must have clear communication skills and an ability to use these to work collaboratively, explain, and challenge, as appropriate
• Attention to details and sense of ownership
• Great team player able to work in a pressurized and changing environment
• Possess strong analytical and numerical skills

Preferred Qualifications, Capabilities, And Skills

• Strong technical skills, especially in Excel (VBA) and Python

About Us

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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.