Trade Services Associate

JPMorgan Chase JPMorgan Chase · Banking · India · Commercial & Investment Bank

This role is for a Trade Services Associate at JPMorgan Chase in India. The primary responsibilities include managing trade execution from order entry to settlement, handling end-of-day reports, managing exceptions, participating in audit reviews, and improving productivity benchmarks. The role requires a minimum of 8 years of experience in trade processing, fund accounting, or custody, with practical knowledge of the securities processing industry and trade reconciliation. While the role mentions leveraging automation and potentially AI/ML in preferred qualifications, the core responsibilities are focused on traditional trade services and operational efficiency.

What you'd actually do

  1. Manage process responsibility and to be in control of End of day reports and critical intraday reports
  2. Managing all Exceptions and handholding to closure
  3. Play a key role in Audit reviews and checks. Assist in preparing and implementing Business Continuity Plans
  4. Review and improve on productivity benchmarks on ongoing basis. Work with Senior Associate/VP to ensure regular communication with partner locations
  5. Processes research/investigations on appropriate systems to operations. Explains product features and benefits

Skills

Required

  • Bachelor’s degree
  • Minimum 8 years of experience in a trade processing/fund accounting/custody environment
  • Practical knowledge of the securities processing industry with basic knowledge of trade life cycle is essential
  • Knowledge and experience in reconciliation of F&O trades (traded on exchange) and processing of IM and VM margins.
  • Hands on knowledge of trade reconciliation and investigation of cash breaks for ETD is must.
  • Working knowledge of Excel is essential
  • Good verbal and written communication skills
  • Ability to prioritize multiple tasks and work under pressure in a deadline-oriented environment
  • Client focused with ability to work in tight deadlines
  • Attention to detail

Nice to have

  • Proficient in using trading platforms and software, with hands-on experience in navigating and optimizing these tools.
  • Knowledgeable about regulatory requirements in the trading industry, ensuring compliance and adherence to industry standards.
  • Skilled in leveraging digital literacy to adopt and integrate innovative technologies, enhancing trade services and operational efficiency.
  • Capable of utilizing AI and machine learning to enhance trade service processes and improve decision-making, driving data-driven insights and outcomes.

What the JD emphasized

  • minimum 8 years of experience in a trade processing/fund accounting/custody environment
  • Practical knowledge of the securities processing industry with basic knowledge of trade life cycle is essential
  • Hands on knowledge of trade reconciliation and investigation of cash breaks for ETD is must.