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JPMorgan Chase & Co.
- London
- JPMorgan Chase & Co. - London
PLEASE NOTE: ALL INTERNAL MOVES WILL TAKE PLACE ON THE SAME GRADE AND SAME SALARY. ANY PROMOTION OR SALARY DISCUSSIONS WILL BE HELD AT YEAR END.
Securities Lending:
The group provides operational support to the Discretionary and Alternative Lending programs offered to JPMorgan custody and various non custody clients. The role involves interaction with clients, trading desks, agent bank networks, borrowing counterparties, operational teams based in London, Sydney and New York together with other internal JPMorgan business partners.
Securities Lending is an asset management technique where securities are temporarily transferred by its owner (the lender) to another investor/financial intermediary (the borrower). The borrower is obliged to return the securities to the lender, either on demand, or at the end of any agreed term. For the period of the loan, the lender is secured by acceptable assets delivered by the borrower to the lender as collateral. Securities Lending covers a wide area of process on a smaller scale to the Custody wide business.
Areas of the business include:
Controls & Operations
Trade Support, Fixed Income and Alternative Lending
Equity & Non Custody Settlements
Collateral Management
Tax & New Business
Technology and Operations development
Client Crediting and Borrower Billing
Asset ServicingBSc or BA Degree in Business
At least six months of experience in domestic or international bond settlements and/or Euroclear
Knowledge of securities market
Understanding of payments and reconciliations
System skills: MS Office, Euclid, and SWIFT.JPMorgan offers an exceptional benefits program and a highly competitive compensation package. JPMorgan is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.