Trading Services Associate
J.P. Morgan
London, UK
If Special Purpose Vehicle is one of your expertise - this role is for you!
As a Trading Services Special Purpose Vehicle – Associate in Market Operations Team, you will coordinate and ensure smooth settlement of the various SPV deals that are issued, providing operational and administrative support to the SPVs that have acceded to the Repackaging Programmes. You interact with senior internal stakeholders in the business, internal and external legal counsel and associated operational support teams, as well as external service providers, such as the Paying Agent, Custodian, Trustee and Corporate Administrators appointed by the SPVs to support the deals; gaining a true end to end view of the issuance process.
The Special Purpose Vehicle Middle Office (SPV MO) provides the central point of contact and support for SPV deals that are issued off a Repackaging Platform. The team provides global support for deals that originate in Europe, Asia and North America, providing operational expertise to the marketers/structures that manage these bespoke deals.
Job responsibilities
Provide front to back, and cross-asset class Middle Office support to Trading, Structuring, Sales, Finance and Legal
Co-ordinate multi-asset class SPV new issuance activity, providing operational support from pre-deal analysis, through Trade date until Issue Date
Perform cost calculations for SPV activity, pricing new trades, restructurings and upsize cost impacts
Run core daily tasks including lifecycle support on reconciliation of SPV cash balances, monitoring CLO activity, coupon fixing, payments and corporate actions
Oversee complex activity, including restructuring, novation, upsize and unwind activity
Understands all KPIs and exceptions to ensure timely resolution and escalation
Drive process and control improvements, working on new business and technological initiatives to enhance the Repack space
Ensures the smooth settlement of a variety of SPV Repackaging trades through coordination with each of the various teams involved
Acts as the primary point person for the various service providers including Issuing and Paying Agents, Custodians, Corporate Administrators and Trustees on each deal; ensure all parties are informed of pipeline activity and all appropriate instructions for settlement are in place
Maintain accurate records for all issuances and lifecycle activity
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Day to day query management, and provision of subject matter expertise to global SPV Repack stakeholders
Required qualifications, capabilities, and skills
Knowledge of complex transaction management/SPVs/repackaging
Excellent time management and organizational skills – the ability to multi-task effectively
Pro-active approach to problem solving; root cause analysis, identifying solutions and taking ownership of these through to resolution
Must have clear communication skills and an ability to use these to work collaboratively, explain, and challenge, as appropriate
Attention to details and sense of ownership
Great team player able to work in a pressurized and changing environment
Possess strong analytical and numerical skills
Preferred qualifications, capabilities, and skills
Strong technical skills, especially in Excel (VBA) and Python
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.
If Special Purpose Vehicle is one of your expertise - this role is for you!




