What are the responsibilities and job description for the Nexus Middle Office Associate position at JPMorganChase?
Job Description
JP. Morgan Nexus Platform has grown significantly in the past years in all key metrics including number of transactions, outstanding notional amount, profitability and functionalities offered. It is a flagship Nexus product which allows clients to obtain synthetic exposure to a discretionarily managed portfolio utilizing J.P. Morgan's most advanced technology and operations (transactional, settlement, reporting).
Nexus MO Team was created in 2020 to support the continuous growth of the Nexus Business, which has evolved significantly as a product. Our Nexus MO Team provides operational oversight and assists clients, as the business provides an end-to-end scalable solution for them to manage their own strategies, leveraging the firms trading and operational expertise. The team is global with members in London, BA and Mumbai. We are seeking to hire a team member in Delaware to support the team, perform daily controls and liaise with both internal and external clients and key contacts. The successful candidate will work extensively with cross-functional teams to ensure effective lifecycle management of the Nexus trades.
Job Responsibilities
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
JP. Morgan Nexus Platform has grown significantly in the past years in all key metrics including number of transactions, outstanding notional amount, profitability and functionalities offered. It is a flagship Nexus product which allows clients to obtain synthetic exposure to a discretionarily managed portfolio utilizing J.P. Morgan's most advanced technology and operations (transactional, settlement, reporting).
Nexus MO Team was created in 2020 to support the continuous growth of the Nexus Business, which has evolved significantly as a product. Our Nexus MO Team provides operational oversight and assists clients, as the business provides an end-to-end scalable solution for them to manage their own strategies, leveraging the firms trading and operational expertise. The team is global with members in London, BA and Mumbai. We are seeking to hire a team member in Delaware to support the team, perform daily controls and liaise with both internal and external clients and key contacts. The successful candidate will work extensively with cross-functional teams to ensure effective lifecycle management of the Nexus trades.
Job Responsibilities
- Primary point of contact for addressing and resolving all client queries, ensuring prompt responses and escalation to key stakeholders
- Trade reconciliations and coordinating with global trading and middle office teams ensuring successful trade capture and to clear trade booking exceptions
- Price reconciliation to identify and rectify price exceptions. Reconciliation of BBG published levels
- Verification of pricing and reference data prior to distribution of daily reports to high priority clients
- Corporate action event reconciliation: ensuring all event instructions are accurately and swiftly booked
- Dividend reconciliation and management; ensuring div details are correct and accurately captured in client reporting
- Responsible for set-up, amend and termination of Indices based on request from stakeholders
- Monitor Publications and perform various reconciliations (Primary, Secondary, Tertiary, Quaternary etc.) to ensure levels are correct and send MIS daily
- Proactively seek opportunities to automate manual processes wherever feasible
- Mailbox Management. Responding to various stakeholders in a timely manner
- Ongoing project management across multiple streams (infrastructure, regulations, controls etc )
- Knowledge of financial products such as Equities, Derivatives, Fixed income, Options, Futures
- Good excel, word and power point knowledge
- Ability to work effectively with cross functional teams
- Strong communication skills
- Ability to analyze processes and suggest process improvements to drive efficiencies
- Motivated self-starter, who is results driven, and control minded
- Ability to multi-task and effectively prioritize under pressure
- Strong numeric, analytical and problem-solving skills
- Ability to deliver a consistently high level of customer service
- Previous trade support/control function experience
- Experience in automation tools such as Alteryx, Tableau
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.