Address
Form of work
Salary
DESCRIPTION:
Duties: Assist with traditional cash financing, including margin and securities lending, in Equity and Fixed Income Prime Brokerage businesses. Responsible for client-facing calculations, charging and reporting financial month end close and analysis, financing rates onboarding and rate maintenance, assisting account managers with resolving and responding to client inquiries, management reporting. Support the build out, development, testing and implementation of various strategic business initiatives, including client charging engine, margin trading application, enhancement of client financing reports, and decommissioning of legacy systems. Responsible for high degree front office support and exposure with pricing the business. Review and perform daily client level cash financing validations. Analyze variances and investigate discrepancies to ensure customer balances reported to senior management are complete and accurate. Handle SOX control, internal and external audit. Review gross interest financing month end process for Prime Brokerage client cash financing and Stock Borrow Lending. Ensure overall accuracy of financing rate set-up process. Coordinate with the front office team on Margin Trading tasks such as Risk one setups, Risk one, PB cost curves, Exposure reporting, Risk packet deck, Book rotation and FX vs Market vs Customer activity.
QUALIFICATIONS:
Minimum education and experience required: Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or related field of study plus 3 years of experience in the job offered or as a Client Service Associate, Accountant, or related occupation. The employer will alternatively accept a Master’s degree in Finance, Accounting, Business Administration, Economics, or related field of study plus 1 year of experience in the job offered or as Client Service Associate, Accountant, or related occupation.
Skills Required: Requires experience in the following: Excel functions including Pivot Tables, VLOOKUP, Charts & Graphs, and VBA; financial data sets; analyzing financial markets, including stocks, bonds, derivatives, and other financial instruments; analyzing market data, including pricing, volatility, and liquidity metrics; and trade life cycle, including trade booking, confirmation, matching, and clearing processes.
Job Location: 4 Chase Metrotech Center, Brooklyn, NY 11245. Telecommuting permitted up to 40% of the week.
Full-Time. Salary: $90,000.00-$128,000.00 per year.
ABOUT USWe offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
