CIB Operations – Fixed Income Marketing Middle Office – Regulatory Support

Fixed Income Marketing Middle Office
 
The team
 
The Regulatory Support team is a dedicated group of internal and client facing resources that are focused on delivering against large scale change initiatives that span across business units to address Industry, Business and Client requirements across the Markets Operations organization. The team provides a unique mix of project skills and product experience that are not tied to a specific business unit enabling it to provide a consistent, high-quality and responsive approach to the way we manage and execute change across the Corporate and Investment Bank.
 
The Role: Associate
 
A high profile role, the Fixed Income Marketing middle office is looking for an associate to take up a role in the Regulatory Support team, interfacing both internally and externally with clients, to ensure that JP Morgan and its clients are able to understand and meet the ongoing regulatory requirements that arise from Dodd Frank, EMIR and other bodies.
 
Leading by example and driving others on, you will need to assume a strong regulation and infrastructure knowledge to ensure a first class service to salespeople, clients and other internal stakeholders. The ability to be flexible and work with different teams to solve complex problems and to bring issues to closure will be critical.
As part of the role you will need to effectively partner with numerous teams such as FO (Trading, Sales, and business management), Sales Support, Legal, Compliance, Middle Office and IB wide PMO teams on a daily basis.
 
Some of the specific responsibilities in the role are the following;
Reference Data and other BAU queries:

Devising efficient, standardised processes to track onboarding of clients to regulatory protocols

Dealing with internal and external queries in relation to regulatory protocols, providing a central point of contact

Assisting  in education around the decision trees for regulatory requirements to trade with various counterparties

Extensive interaction with Front Office (Sales and Trading), Compliance, Business Management, Legal, Credit Risk, Operations and Technology teams

Participate in regular internal meetings to review upcoming initiatives and priorities

Manage client outreach initiatives 
Current ongoing initiatives are;
MIFID/MIFIR

EMIR client classification and clearing obligation

Non Cleared Derivative Margin rules

SEC Transaction Reporting and External Business Conduct Rules

CTFC and EMIR Transaction Reporting

Brexit planning
Required Experience

Experience and strong product knowledge of derivative products (3-5 years experience preferred)

Previous experience in a regulatory role

Experience in managing initiatives/ projects

Client interaction in a previous role

Understanding of client reference data desirable

Regulatory reporting experience desirableOther role requirements

Excellent delivery record in previous roles, ability to manage changing priorities and high volume processes

Experience of OTC derivative processing/lifecycle, in one or multiple asset classes

Excellent communication and presentation skills, at all levels

Strong influencing and negotiation skills

Good organisational skills

Excellent teamwork skills

Have a proactive, focussed approach, looking at continuous ways to improve the control and operational environment.

Strong PC skills e.g. Excel, PowerPoint

Strong risk and controls awareness, attention to detail
About J.P. Morgan Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.