Associate I - Special Equities Trade Support Middle Office
JPMorgan Chase, New York, New York, United States, 10001
Client Service Associate
J.P. Morgan's Special Equity Business is a complex business, supporting clients' needs in private and public dealings. As a Client Service Associate within the Special Equities Middle Office team, you will join a team responsible for all operational aspects of the trade life cycle. This includes daily trade and fail monitoring/activities, client account management, timely resolution of client inquiries, ensuring accurate DTC activity/data, trade allocation, and multiple reconciliations. The team ensures timely and accurate settlement of corporate cash trading programs and block trading, including trades done under Rule 144A, Restricted Stock, Special Stock Programs and Private Investments. The Associate will perform UAT, Controls, Trade Support and Client Service. There will be extensive client, trader and sales interaction & therefore communication and partnership skills are extremely important. Job responsibilities Assist Trading desk with daily activities Provide excellent client service in response to daily inquiries/issues. Ensure accuracy of client payments Trade booking/allocation Perform risk monitoring/reconciliation Perform fails reconciliation, Corporate Action Monitoring Coordinate and ensure settlement of DTC share deliveries and receives, including DRS, DWAC, and FOP settlement types Review Client Accounts/Position Management Required qualifications, capabilities, and skills Bachelor's Degree 4 years experience in Finance Industry DTC settlement experience Proficient in Microsoft Office Attention to detail/process oriented Self Starter Team Player Preferred qualifications, capabilities, and skills Exposure to Rule 144A/Non standard settling trades Market Operations Experience Self Starter
J.P. Morgan's Special Equity Business is a complex business, supporting clients' needs in private and public dealings. As a Client Service Associate within the Special Equities Middle Office team, you will join a team responsible for all operational aspects of the trade life cycle. This includes daily trade and fail monitoring/activities, client account management, timely resolution of client inquiries, ensuring accurate DTC activity/data, trade allocation, and multiple reconciliations. The team ensures timely and accurate settlement of corporate cash trading programs and block trading, including trades done under Rule 144A, Restricted Stock, Special Stock Programs and Private Investments. The Associate will perform UAT, Controls, Trade Support and Client Service. There will be extensive client, trader and sales interaction & therefore communication and partnership skills are extremely important. Job responsibilities Assist Trading desk with daily activities Provide excellent client service in response to daily inquiries/issues. Ensure accuracy of client payments Trade booking/allocation Perform risk monitoring/reconciliation Perform fails reconciliation, Corporate Action Monitoring Coordinate and ensure settlement of DTC share deliveries and receives, including DRS, DWAC, and FOP settlement types Review Client Accounts/Position Management Required qualifications, capabilities, and skills Bachelor's Degree 4 years experience in Finance Industry DTC settlement experience Proficient in Microsoft Office Attention to detail/process oriented Self Starter Team Player Preferred qualifications, capabilities, and skills Exposure to Rule 144A/Non standard settling trades Market Operations Experience Self Starter