Derivative Operations provides operational support across the CIB covering eight key product areas including FX, OTC Derivatives, Collateral Principal, 3rd Party Derivatives, Cleared Derivatives, Agency Collateral, Billing and CASS with ~1,900 employees. Services provided to our Businesses include:
• Transaction Processing, Confirmation, Settlement and Clearing, Collateral Management, Client Service, Invoicing and CASS Support
• Typical daily activity includes settling in excess of $217B via FX trading, leading a Markets OTC portfolio of 2.5M trades, servicing 200 3rd party clients, performing 10,000 margin calls, processing 470k cleared and intermediated trades and producing >9,000 invoices
Location Description
Mumbai is one of our largest locations within India. Finance is a passion here, and we’ve been respected in the city since 1922. Mumbai is one of India’s most attractive cities with beautiful parks, avenues and impressive buildings. Parts of the city are amongst the most modern and westernized areas of India. We have seven sites in Mumbai, and each one offers private canteens, large break rooms and state-of-the-art facilities. Our teams here are business drivers. You can join them as you learn and grow. Join us, and you too can be part of it.
Job Description
DCO BAR Team: We own the MIS and regulatory reporting function for Global Derivative Operations & Futures/Options and Private Banking. As a centralized operations group, we cater to stakeholders across Back office and middle office to provide Operational risk metrics, performance and efficiency metrics, regulatory compliance reports and analytics. This is an exciting space for those who would love to work with data having an operations and business perceptive. It is a fast pace team constantly evolving its process to align with changes in reporting due to industry / regulatory changes, technology changes, internal management needs, and focus areas. The role provides opportunity to work with senior management across operation groups globally, project managers and our technology partners.
Summary of Responsibilities
• Daily/ Weekly reports monitoring and publishing to senior management and operations group
• Get involved in process improvements for better client experience & automation of reports generation.
• Regulatory and control metrics to measure compliance with regulatory requirements
• Investigation and resolution on internal queries on the reports and work with stakeholders on enhancements
• Work closely with stakeholders on new reporting requirements, and with technology teams on changes to incorporate in reports
• Providing analytics on the report with trends, root cause and business context
Skills and Qualifications
• Bachelors degree with 5 years experience
• Exposure to Derivative, IB Operations, Regulatory reporting will be an advantage
• Inclination towards data analytics and automationJPMorgan 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 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.