Operations – Agency Securities Lending Operations – Associate Job at JPMorgan Chase Bank, N.A. in Sydney NSW

Job Description

Securities Lending as agent lender provides equity and fixed income securities to broker dealers to facilitate their proprietary and client trading strategies. Where they have a requirement to borrow securities the lending desk negotiates a fee for the loan based on supply and demand and the type of underlying strategy. With 4 desks globally, JPMC offers a 24 hour service in 37 different markets.

Your key responsibilities will include:
Providing operational support for the Securities Lending & Cash Reinvestment Trading desks and monitoring client sales, and ensuring adequate inventory for settlement

To maintain optimum service level for all clients ensuring any reasons for and proposed solutions to, negative trends are documented and escalated

Assist in tracking trends in work volumes, including reconciliation errors and document any negative trends and proposed solutions

Escalate issues to the Manager and be involved in taking action to escalate and resolve with the other party. A review is to be done on the issue to ensure procedures are updates

Corporate Actions – ensuring manufactured income and stock entitlements are claimed from borrowers on pay date. Provide support for the Securities Lending desk with any urgent queries. Reconciliation of on-loan positions where required for events with a short-turnaround (e.g. RAPIDs). Local point of contact for internal and external queries in the Asian time zone.

To be successful you will need:
Minimum 4 years experience in Securities Lending, Collateral Management, Settlements, Trade Support/Middle Office or COACs role with excellent knowledge of Global Financial Markets

Bachelor degree or above preferred along with working understanding of the workflows of a custodian

Strong inter-personal and communication skills with the ability to build strong relationships with strategic internal & external partners

Continued focus on improving processes and procedures along with solid quality orientation

Excellent analytical and numerical skills combined with a strong controls focus

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

About Company

Company: JPMorgan Chase Bank, N.A.

Company Location:  Sydney NSW

Job Category:

About JPMorgan Chase Bank, N.A.