Are you enthusiastic about client experience and being a team player? Then explore our part-time opportunity!
As a Client Service Representative Analyst in Collateral Services team, you will help drive our clients’ business forward, while getting a behind-the-scenes look at how our own businesses run, you’ll work on implementing new ideas to improve and enhance our client services - driving increased productivity and efficiencies for our clients and the firm. You will primarily deal with the banks priority buy-side clients (Hedge Funds, Investment Advisors/Asset Managers) and partners internally with various Marketers/Salespeople, Prime Brokerage, Credit Executives, Middle Offices and other line of Business Operations Teams.
The Collateral Services team provides a controlled environment for the mitigation of counterparty risk via the monitoring and collection of collateral for the CIB trading businesses including; Fixed Income, FX, Equity Derivatives, Credit Derivatives, Commodities, Prime Brokerage and Fixed Income Repo. Key objectives of this team are to provide clients with the option of receiving single consolidated reporting/statements, a single funding point for settlement activity and a single point of contact for supporting daily activity across Derivatives/Repo Collateral Management teams.
Job responsibilities
Generates collateral statements and sends calls to clients for both standard and non-standard agreements Follows up timely of all calls made by JPMorgan Answers of incoming collateral calls sent by clients comparing them to JP Morgan's exposure Agrees on the amount and type of collateral to be moved. I.e. Cash or securities as well as follows up on any counterparty fails. Provides timely resolution of incoming queries regarding a client’s portfolio, escalation of issues, reconciliation and dispute resolution with regards to disputes or credit sensitive customers Prepares agreements of coupons due on securities held as collateral & processing of month end tasks including the agreement of interest on any cash collateral held/delivered Participates in projects, testing to ensure JPM operating infrastructure continues to be enhanced and developed to meet the business needs (Occasional weekend testing support may be required)Required qualifications, capabilities, and skills
External client services experience or similar experience interacting with senior or demanding internal clients, with strong client communication skills and a strong ability to build client relationships A high level of accuracy and attention to detail is required, with the ability to work with minimal supervision in a methodical and organized manner and to follow procedures Must be highly numerate with good keyboard skills and proficiency in core systems (Outlook, Excel, and Word) Ability to work as part of a team and be flexible during busy periods, such as month-end, with a self-motivated and flexible approach to working hours Ability to work effectively across diverse cultures, collaborating with high-performing teams and individuals throughout the firm to accomplish common goals Ability to comply with relevant policies, controls, regulations, and escalation protocols Ability to manage client requests accurately and within defined timelines/SLAs Ability to build working-level awareness of digital operations tools by leveraging the firm’s online and classroom training Proactively identify areas for improving process quality, control, and productivityPreferred qualifications, capabilities, and skills
Working knowledge of Repo and/or OTC (over-the-counter) Derivatives Collateral Management and supporting Legal documentation (E.g. ISDA, GMRA) is advantageous