CIB Operations - Fixed Income Middle Office - Analyst - Bournemouth

Recruiter
J.P. Morgan
Location
Bournemouth, UK
Salary
Competitive
Posted
16 Sep 2019
Closes
19 Sep 2019
Ref
1218361527
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
CIB Operations - Fixed Income Middle Office - Analyst - Bournemouth

J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at http://www.jpmorgan.com/ .

Our Business

The EMEA Fixed Income Trade support team focuses on the trade flow post deal execution for the Credit, Rates & Financing businesses based in London. The team is divided into sections specific to the lines of business and has many responsibilities. Daily the team will work closely with traders and market counterparties to investigate and resolve trading queries for the Bonds and secondary traded products, Futures, Options & FX. Part of the Investment Bank Middle Office & Operations the team communicates with partners locally, regionally & globally and works through a variety of mediums with the goal of maximising the settlement efficiency and delivery to our counterparties.

The role is an excellent opportunity to get exposure to trading & product control activities and develop a strong operational skills set.

JPMorgan's Investment Bank provides market leading worldwide public underwriting and secondary market activities for Cash Security Products through its Credit, Rates and Global Emerging Markets businesses, primarily selling to Asset Managers, Hedge Funds, Insurance Companies and Banks.

The range of Credit and Rates products includes; Government and Agency Bonds, Corporate Bonds, Emerging Market Bonds, Mortgage and Asset Backed Securities, Commercial Paper and Certificates of Deposit.

Key Responsibilities include:

  • Trade investigations for Credit/Rates both cash and repo activity
  • Trade Affirmation/Confirmation of all unmatched trades for a variety of trading desks across Credit and Rates businesses.
  • Close coordination with other support groups globally, such as front office, trader assistant teams and settlements, to resolve potential settlement issues.
  • Ensure continuity of daily trade processing to allow for greater STP and exception queue monitoring such as client and issue reference data and cash accruals.
  • Investigation and resolution of trade queries and trading reports.
  • Supporting new market, compliance, regulatory changes as well as new business opportunities and implementing them into the existing process with quality controls
  • Possible requirement to work UK Bank Holidays.


The successful applicant with have;

  • Excellent communication - Much ofthe role requires dialogue with trading desks, operations and 3rd parties on alocal and regional level.
  • Time management - There are numerousdeadlines and processes across the day and the candidate must be able to dealwith issues and escalations in a fast paced environment.
  • Numeracy - Many of theinvestigations will require a good level of numeracy to calculate interestamounts and be comfortable dealing with volumes of data at speed.
  • Team-work - The ability to workeffectively as part of a team working to deliver against core businessobjectives such as improving settlement efficiency of Trade support.
  • Ability to work well under pressureis essential as there are significant operational losses associated with noncompletion of daily processes.


Experience required:

  • Fixed Income experience
  • Graduate qualification or equivalent
  • Experience working in an investment bank environment.
  • Good industry and operational knowledge of European Securities Markets.
  • Intermediate excel - Comfortable with basic macros and pivot tables.


About J.P. Morgan'sCorporate & Investment Bank:


J.P. Morgan'sCorporate & Investment Bank is a global leader across banking, markets andinvestor services. The world's most important corporations, governments andinstitutions entrust us with their business in more than 100 countries. With$18 trillion of assets under custody and $393 billion in deposits, theCorporate & Investment Bank provides strategic advice, raises capital,manages risk and extends liquidity in markets around the world. Furtherinformation about J.P. Morgan is available at www.jpmorgan.com .

"JPMorgan Chase &Co. offers an exceptional benefits program and a highly competitivecompensation package. JPMorgan Chase & Co. is an Equal Opportunity Employerand a member of the UK Government's Disability Confident Scheme."

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