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Prime Brokerage Inventory Management Specialist
2 months ago
We are excited to present a unique opportunity within the Prime Brokerage Inventory Management division.
As an Analyst specializing in Prime Brokerage Inventory Management, your primary responsibility will be to oversee Cash and Repo transaction inventory management, primarily through pair-off activities. You will play a crucial role in ensuring that all payments and receipts are processed promptly, while also ensuring that transactions are settled and reconciled efficiently.
Key Responsibilities
- Identify and confirm eligible pair-off opportunities with Brokers within the required daily timeframe.
- Initiate payments and ensure that net cash receipts are agreed upon and processed by brokers in a timely manner, while actively monitoring and following up on any non-receipts.
- Guarantee that trades are settled accurately, promptly, and efficiently.
- Maintain an updated workflow tool to reflect all transaction status updates, ensuring a clear audit trail and accurate client reporting.
- Escalate any unmatched trades, outstanding cash issues, or urgent matters requiring assistance.
- Complete, review, and approve End of Day controls to ensure compliance and accuracy.
- Develop detailed business control metrics to track performance.
- Ensure all tasks are executed within established timeframes, processing windows, market regulations, and bank policies to minimize risk.
- Maintain reference data related to processes.
- Conduct root cause analysis on activities to identify opportunities for improving the operating model and reducing turnaround times.
- Engage in initiatives aimed at enhancing the function and operating model, including process improvement and technology development.
- Self-motivated, proactive, and enthusiastic individual.
- Strong numerical skills with exceptional attention to detail.
- Excellent written and verbal communication abilities.
- Proficient in data analytics.
- Sound understanding of risk management and controls.
- Team-oriented with the ability to foster relationships with clients, brokers, and various operational contacts.
- Ability to thrive in a high-pressure environment, meeting tight deadlines.
- Proficient in Microsoft Excel.
- Awareness of and compliance with relevant policies, controls, regulations, and escalation protocols.
- Practical knowledge of JPMorgan's suite of digital operations tools.
- Familiarity with the settlement mechanics of Prime Brokerage products.
- A naturally curious mindset with a desire to learn and share knowledge.
- An optimistic approach to problem-solving, viewing challenges as opportunities.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to prominent corporations, governments, wealthy individuals, and institutional investors. Our commitment to serving clients with excellence drives our operations. We prioritize building trusted, long-term partnerships to assist our clients in achieving their business goals.
We recognize that our workforce is our greatest asset, and the diverse talents they bring are integral to our success. We are an equal opportunity employer, valuing diversity and inclusion within our organization. We do not discriminate based on any protected attribute and make reasonable accommodations for applicants' and employees' needs.
About the Team
The Corporate & Investment Bank is a global leader in investment banking, wholesale payments, markets, and securities services. We serve the world's most important corporations, governments, and institutions across more than 100 countries, providing strategic advice, capital raising, risk management, and liquidity solutions. Our Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally, leveraging the latest technology to deliver industry-leading capabilities.