Trading Services Manager - Vice President

Posted 17 Days Ago
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India
7+ Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Drafting and affirming legal confirmations, driving process efficiency, maintaining strong relationships with internal teams, ensuring compliance with regulatory rules, and managing automation projects.
Summary Generated by Built In

Job Description
Job Summary
As a Trading Services Manager - Vice President within the Confirmations team, you will be responsible for issuing and executing OTC Legal Documents with clients in a timely manner. You will have the opportunity to understand the fundamentals of the product and underlying instruments and business strategy, and to continually improve control infrastructure to meet regulatory requirements and maintain control. We value your ability to promote efficiency, manage new analysis requirements, and oversee data gathering processes. Your role is crucial in ensuring all issues are investigated and resolved in a timely manner as per Business Standards. You will also have the chance to contribute to strategic automation projects and improve controls in the process to ensure 100% accuracy and compliance to Regulatory rules
The focus of Confirmations team is to issue and execute OTC Legal Documents with the clients in a timely manner. The team is required to understand the fundamentals of the product and underlying instruments and business strategy and to continually improve control infrastructure to meet regulatory requirements and maintain control.
Process involves drafting of confirmations from risk management system, to ensure legal documentation issued to clients is in line with Risk Management System.
Job responsibilities

  • Drafting and Affirmation of Legal confirmations and understand legal aspects relating to Derivatives confirmations.
  • Drive Efficiency in the current process and identifying incorrect booking practice and educate Middle office on the impact
  • Timely escalation of unissued/unexecuted documents.
  • Building and sustaining, strong working relationships with internal Lines of Business with Middle Office, Front Office and internal Counterparts.
  • Ensuring all issues are investigated and resolved in a timely manner as per Business Standards.
  • Automation projects
  • Improving controls in the process & ensure 100% accuracy and compliance to Regulatory rules
  • Manage any new analysis requirements across multiple stakeholders
  • Overseeing the data gathering process, analyze the data and report MIS utilizing the various data source
  • Produce time sensitive daily reports with actionable data to Front Office, Middle Office or Back Office for break resolutions


Preferred qualifications, capabilities and skills

  • CA/ MBA with 11-13 years / Graduate or Post-Graduate with 14-15 years' experience in operations
  • The candidate must be a motivated individual with a strong Partnership abilities
  • ISDA knowledge and Derivatives Product knowledge and experience is preferable
  • The individual must be able to: handle a high level of complexity in their product coverage, be able to shift gears with relative ease, be flexible enough in shifting workload in accordance with changing priorities and be comfortable dealing with a stressful and fast paced Trading environment.
  • Good understanding of downstream impact of actions undertaken, particularly the requirement for strong and timely controls throughout the life cycle of the trade
  • Attentive to details, strong interpersonal skills, Solid business judgments and positive attitude
  • Excellent verbal and written communication skills, and adept at communicating with all levels of the business and technical parts of the organization
  • Can operate effectively in a dynamic environment with tight deadlines, and can prioritize one's own and team's work to achieve them
  • Flexibility to work global hours and willing to travel globally, if needed
  • Extensive Knowledge on CFTC/EMIR/NCMR rules


About Us
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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
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.

The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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