This is an Associate role located in Hong Kong, as a newly positon of AM Derivatives Middle Office. This candidate will be the Derivatives MO team and expected to be working in Partnership with Equity Middle Office closely and the Derivatives Product define end to end operating environment for Derivatives, and to design and drive comprehensive solutions that meet business requirements across AM. The partnership with our Business colleagues is an imperative, as well as a trusted relationship with our Technology counterparts. The candidate will work closely to give vision and direction to operational capabilities as a whole, while ensuring we are able to support the development of new businesses, products and markets in a controlled, agile and scalable way. in addition to, the ability to communicate complex matters in a clear and concise manner is essential whether dealing with the FO or other support groups.
Define the end to end operating environment for Derivatives with a very strong risk and control mindset
Oversee the Investment Book of Record (IBOR) to ensure any securities and cash position discrepancies are identified and escalated to front office in a timely manner
Manage projects and initiatives, such as process movement, business model changes, system implementation, new product or new market rollouts, and other ad hoc projects
Collaborate with various stakeholders (portfolio managers, trade implementation, dealing, business management, compliance, controls, risks, client service, operations, internal and external service providers) to deliver results
Partner with Client Onboarding Management teams to set up new products and design new operating models (if required)
Oversee India offshoring team and outsourced vendor and ensure performance and service levels are met
Keep informed of market and regulatory changes impacting the Derivatives and Equity business and ensure processes/controls are in place to support changes
Ensure that a highly robust 1st line control framework is put in place to avoid and mitigate trading and settlement risks
Minimum of 2 years of relevant experience in Middle office/AM operational process
Minimum Bachelors Degree
Exceptional cross asset class expertise in the Derivatives market, with a strong understanding of the evolving market structure and regulatory environment
Excellent interpersonal and communication skills with good command of written and spoken English
A good team player, passionate, detail-minded and keen to develop career in asset management industry
Ability to communicate effectively with management, counterparties and external service providers
Ability to work under fast-paced environment
Excellent in excel and proficiency in Microsoft Office applications
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.
Medical authorities agree that being vaccinated is the best way to protect yourself, loved ones, colleagues and communities from COVID-19. To protect the health and safety of our employees, in line with the Hong Kong Monetary Authority and Securities and Futures Commission guidance, only vaccinated employees are able to enter our offices. In light of this, in order for the successful candidate to be able to enter the office, they must be either fully vaccinated against COVID-19 (as defined by the Hong Kong Department of Health at the time of commencing employment) or be certified by a medical practitioner as being medically ineligible to be fully vaccinated.