What are the responsibilities and job description for the Margin&Collateral Associate II position at JPMorgan Chase?
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As a Margin&Collateral Associate in our Collateral Services Team, you will play a crucial role in supporting bilateral OTC derivative collateral requirements and all related settlements. You will primarily engage with buy-side clients such as Hedge Funds, Investment Advisors, and Asset Managers, fostering internal partnerships with the Markets, Sales, Prime Brokerage, Credit Executive, Middle Office and Line of Business Operations teams.
Job responsibilities
Remain client focused, able to work independently under strict deadlines with limited supervision, be control oriented
Oversee the processing of both outgoing and incoming margin calls
Ensure all transfers agreed are eligible under the appropriate legal document
Ensure response to all client inquiries, and when needed, coordinate with the appropriate Front/Middle Office as well as the core processing area in order to facilitate resolution
Perform Risk Mitigation (Operational, Financial and Reputational)
Maintain and build excellent relationships with both internal partners and external clients
Required qualifications, capabilities, and skills
Desire to work in a fast-paced environment
Self-motivated, enthusiastic with a great appetite to learn and develop new skills
Excellent time management skills and the ability to organize and prioritize work in a busy environment with the ability to work under pressure and to deadlines
Excellent interpersonal, negotiating, and oral and written communication skills
Expertise in presentation, influencing and facilitation skills
Preferred qualifications, capabilities, and skills
Previous exposure to financial products including securities and derivatives instruments advantageous but not essential.
Process oriented with strong attention to detail, highly entrepreneurial, creative, open-minded, persistent, highly collaborative and with a passion for delivering business results.
5 years of Operations experience with some Derivatives or Securities experience