collateral services Operations- trading services associate iJPMorgan Chase

Job Description : Collateral Services Operations support internal & external clients (predominantly Banks & Broker Dealers) in managing their margin obligations/exposures.Primary product support falls into 3 categories: Derivatives Collateral Manage Job Description : Collateral Services Operations support internal & external clients (predominantly Banks & Broker Dealers) in managing their margin obligations/exposures.Primary product support falls into 3 categories: Derivatives Collateral Management (DCM), Securities Collateral Management (SCM) & Margin Control.Primary functions span three global teams 1) Core Operations own day to day processes, (2) Middle Office have ownership of overall operational client satisfaction, (3) Client Implementations own the onboarding of new and incremental client/business to the ACO platform. . J.P. Morgan manages in excess of $350Bn of collateral balances and processes 20M transactions each year . More than 200 collateral clients globally, with 6,400 CSAs for over 100 third-party buy side clients. Collateral relationships with all major banks and brokers globally . Provides tri-party support in excess of 20 markets We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Job Description Provides international securities and escrow management in support of clients' derivatives exposures in line with their ISDA Agreements liaises directly with the clients' market counterparts to agree collateral obligations and movements, and manages the terms of the Credit Support Annexes. Summary of Responsibilities . Issue and consume margin statements or RQVs, depending on underlying trade . Calculate margin and manage margin call agreement process . Verify asset eligibility and agree collateral movements against margin obligations . Instruct and monitor collateral settlements . Track and value collateral positions daily . Provide daily reporting on margin and collateral activity . Provide dispute notification and portfolio reconciliations, leveraging TriOptima's TriResolve service, which can assist in identifying the cause of disputes and facilitate their resolution Skills and Qualifications . Proficiency in MS Office Applications . Client service Aptitude . Ability to work under rigorous intra-day deadlines . Exposure to collateral management, cash and securities processing is an advantage.
Monster

Manila City, Metro Manila
Permanent
Full-time