Massachusetts Jobs

MassHire JobQuest Logo

Job Information

JPMorgan Chase Associate - IBOR Operations Middle Office Oversight in Boston, Massachusetts

JPMorgan Chase's Investment Middle Office (IMOS) acts as the Middle Office for our clients across a range of products, including but not limited to Listed Securities, Cash, ETDs, OTCs, Repos, Bank Loans and CFDs. This team was established in 2020 and is expanding to add additional team members as our client base grows.

As an IMOS analyst within the IBOR Operations oversight team, you will deal with all stages of the lifecycle for each product from broker matching, management of the client's custodial network, lifecycle events including corporate events, ensuring timely settlement of trades and cash, management of claims and overdrafts, client / regulatory reporting and input into the production of our Investment Book of Record (IBOR) delivery .

Job Responsibilities

  • Provide support as the primary lead / first level escalation contact to drive for same day resolution of exceptions.

  • Identify & resolve the primary reasons for day over day position and/or market value movement

  • Perform quality control checks to ensure consistency between transaction vs. position

  • Perform pricing validation for Listed Equities and Fixed Income

  • Provide ownership and/or oversight of the various components of the daily operational activities essential to the validation of data set within the IBOR.

  • Work independently cross-functionally with technology, service, product and other operations teams to manage the entire IBOR service delivery

  • Seek opportunities and take ownership of automation initiatives to improve service levels and improved efficiency for J.P. Morgan and the Client

Required Qualifications, Capabilities and Skills

  • A self-starter who is eager to resolve exceptions and comfortable making independent decision after assessing situation at hand

  • Attested track record of successfully working to deadlines, with accountability and responsibility for independent workload

  • Ability to be flexible, follow and meet tight deadlines, organize and prioritize work and meet the clients expectations

  • Occasional late evening / weekend work may be required

Preferred Qualifications, Capabilities and Skills

  • Understanding of investment product, relevant trade life cycle and/or asset servicing events are most advantageous

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary

Brooklyn,NY $88,350.00 - $128,000.00 / year

DirectEmployers