JPMorgan Chase Prime Services - Derivatives Clearing - Client Service - Associate in New York, New York

Description:

The Derivatives Clearing business resides within the Investor Services segment of J.P. Morgan's Corporate and Investment Bank. The business provides intermediation and clearing services across listed and OTC derivative products. The unit has a diverse client base, with representation across hedge funds, asset managers, insurance companies, banks and broker-dealers

The role of the Client Service representative includes the following responsibilities:

• Manage client profitability via oversight of client pricing and cost management (e.g., commission schedules, capital consumption, guaranty fund requirements, operational costs)

• Provide clients and internal partners with granular, value-added product and workflow expertise

• Support clients as they navigate evolving regulatory landscapes

• Develop and leverage subject matter expertise in clearing house rules, risk management practices (i.e., portfolio margining) and operational flows

• Deepen client wallet penetration

• Understand, synthesize and assess new requirements from potential and existing clients

• Review any bespoke client requests and assess their merit in the context of the potential profitability, resource consumption and the broader business agenda

Qualifications:

  • 3-5 years of relevant experience

  • Ability to learn, absorb and synthesize new information and concepts

  • Product knowledge in listed and/or OTC derivatives

  • Strong analytical skills

  • Strong communication skills

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.