Collateral Exposure Management Associate

Full time
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JP Morgan
Banking, investment & finance
10,001+ employees
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This role is an excellent opportunity for people experienced in collateral trades who would like to continue career in one of the biggest banks in the world

As a Collateral Exposure Management Associate within Agency Securities Finance, you will be responsible for the oversight and settlement of Collateral trades, and managing intraday exposures generated from new lending activity. You will be resolving complex inquiries, communicate with various clients and stakeholders. You will also have the opportunity to learn automation tools like Alteryx, Tableau, UIpath.

Job responsibilities:

  • Processes and settles the daily collateral trades
  • Calculates non-cash & cash collateral exposures, works closely with the borrower community to ensure collateral is delivered and corrects margins
  • Marks previously settled loans, to account for fluctuation in securities price, to ensure collateral is maintained to correct margins
  • Understands cash flows and manual payment processing
  • Reconciles daily and reports intraday and end of day items
  • Manages cash break
  • Works alongside the trade desks, triparty agents, treasury services and counterparties
  • Deals with a high volume of queries relating to product understanding, settlement of collateral and general reconciliation breaks
  • Manages client relationships and liaises with relationship managers to maintain client expectations
  • Completes secondary verification of team processes, and deliver feedback on errors

Required qualifications, capabilities, and skills:

  • Problem solving skills
  • Previous experience
  • Ability to with others to meet deadlines, cross train and expand understanding of the teams operations
  • Time management skills alongside ability to effectively prioritise
  • Care and diligence