Margin and Collateral Analyst
J.P. Morgan
Join our Bournemouth based Client Service Representative team!
Do you have experience with buy-side clients and would like to utilize your communication skills? Then you found the right position!
As a Margin and Collateral Analyst within our Collateral Services team, you will play a crucial role in mitigating counterparty risk. You will monitor and collect collateral for our trading businesses, make independent decisions, and build relationships with our priority buy-side clients and internal partners. This role offers the opportunity to work in a controlled environment, where your judgment and decision-making skills will be highly valued.
Job responsibilities
• Interacts with customers, generating collateral statements and sending calls to clients for both standard and non-standard agreements
• Answers incoming collateral calls sent by clients comparing them to JP Morgan's exposure
• Agrees on the amount and type of collateral to be moved. I.e. Cash or securities; follow up on any counterparty fails
• Provides timely resolution of incoming queries regarding a client’s portfolio, escalation of issues, reconciliation and dispute resolution with regards to disputes or credit sensitive customers
• Ensures accuracy when processing daily BAU
• Acts on agreement of coupons due on securities held as collateral & processing of month end tasks including the agreement of interest on any cash collateral held/delivered
• Participates in projects, testing to ensure JPM operating infrastructure continues to be enhanced and developed to meet the business needs (Occasional weekend testing support may be required)
• Maintains current knowledge on controls required to maintain firmwide compliance
• Develops a wide internal network, building relationships with key teams and contacts
• Looks to better service clients through the way we do business
Required qualifications, capabilities, and skills
• External Client services experience, or similar experience interacting with senior/demanding internal clients with strong client communication skills and an strong ability to build client relationships
• High level of accuracy and attention to detail is required with an ability to work with minimal supervision and in a methodical and organized manner and to follow procedures.
• Must be highly numerate with good keyboard and core system (Outlook, Excel, and Word) skills
• Ability to work as part of a team and be flexible during busy periods & self motivated and flexible approach to working hours
• Working knowledge of OTC Derivatives Collateral Management and supporting Legal documentation (E.g. ISDA, GMRA)
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
Join our Bournemouth based Client Service Representative team!
