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JPMorgan Chase & Co.
- London
- JPMorgan Chase & Co. - London
This is a key role, which will focus on the drafting and query resolution of structured equity derivatives, the role will report into the Manager of the Drafting team. The successful candidate will play a role towards the strategic development of the structured documentation function of the Equities asset class. Prime responsibility will focus on ensuring timely and accurate confirmation drafting ensuring that all steps of the firm’s procedural, legal, regulatory and audit compliance frameworks are met. This will be a particularly challenging role in that it focuses on the firm’s more bespoke and non standardized end of the documentation spectrum.
The Group is undergoing significant investment in technology and business needs. As such, the successful candidate must demonstrate an open and flexible approach, coupled with both a breadth and depth of technical documentation experience and interpersonal skills.
Primary Responsibilities include:
Day to day drafting and query resolution for all aspects of structured drafting working to servicec the client (internal and external)
Work closely with the Business (Desk Heads, legal, Business Managers)
Look towards STP enhancement understanding client nuance, templating and submission tmeliness
Active participation in client negotiations in order to promptly resolve issues and ensure risk mitigation
Act as point of contact for the client
Where possible, work with legal during the master agreement negotiation in order to ensure that mutually acceptable templates are agreed within the firms counterparties ahead of trading.
Submission to regulatory time lines remains a key priority and seeking any STP gain an essential component.
Ensuring that all confirmations reconciliations and queries are cleared with no outstandings in a timely manner.
Ensure all operational and tech issues are logged, monitored and progressed, with responsibilities and ownership cross location and cross product
Liase with DCO team, where necessary for management of Confirmation exceptions
Maintain key client facing support surrounding all outstanding activity
Develop automation solutions that support the client
Roll out functionality that promotes STP in capture of client information
Maximise client leverage of self service tools (Thunderhead)
Degree Educated
Derivatives product experience specifically operational processing experience required
Understanding of the transactional documentation processes within differing financial OTC markets.
Technical proficiency in the documentation of Equities’ products.
Experience of interpreting, and demonstrating an understanding of, legal documentation within the ISDA Equities documentation environment.
Experience of interpreting, and demonstrating an understanding of, legal documentation within the ISDA Equities documentation environment.
Excellent documentation negotiation skills.
The ability to understand complex derivative structures and break them down into their component parts.
Demonstration of an up-to-date awareness of industry initiatives and projects in the Equities markets, especially within ISDA. Understanding of FED targets.
Client or IB middle office experience preferred
Understand Derivative confirmations and settlements.
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.
About J.P. Morgan Chase & Co.
J.P. Morgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, J.P. Morgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about J.P. Morgan Chase & Co. is available at www.jpmorganchase.com.
JPMorgan offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan is an Equal Opportunity Employer.