IB Operations – Derivatives Confirmations & Settlements (Japanese speakers ONLY) recruitment
Investment Bank Operations Derivatives is responsible for the confirmations settlements processing client servicing of OTC derivatives trades. The coverage is global, although with a bias towards Asia, Europe, Middle East Africa-based clients.
The core operation covers the Cash Settlement for Swaps, FRA's, Flow Exotic, Credit Derivatives and Equity Derivatives
The successful candidate will be working in Asia-Pacific Client Services (Affirmations).
The functions of this team are: the chasing and accurately checking of legally binding contracts of various different types of Interest Rate and Equity Derivative/Structured products traded between JPM and a worldwide client base
Key Responsibilities:
- Maintaining a portfolio of clients, reducing outstandings and working to Targets
- Checking and chasing of Interest Rate and Equity /Structured Derivative contracts
- Building and sustaining, strong working relationships with internal lines of business within Derivatives and Middle office groups
- Liaising with a dedicated client base to ensure any issues are addressed in a timely and professional fashion
- Ensuring that all issues are investigated and resolved in a timely manner
- Understand and ensure compliance with, control and regulatory requirements
- Participate in the implementation of strategic initiatives
- Identify process improvements and efficiency opportunities in daily workflow
- Verbally confirming trade details via the phone
- To proactively identify any recurring issues and escalate accordingly
- Ownership and resolution of all exceptions and queries relating to Derivative Trades
- Exposure to Derivatives would be an advantage.
- Experience with MS Office packages is a benefit, particularly Access and Excel
- The candidate will be numerate with excellent keyboard skills and a high level of computer literacy
- It is essential the candidate is an effective and confident communicator
- The candidate will be required to work under pressure and with initiative
- The candidate will also be aware of the large financial risks that are incurred through operational errors and negligence
- It is essential that the candidate is able to maintain a high level of accuracy and follow control procedures at all times
- The candidate will be required to demonstrate and actively prioritise workflow
Skills
- Ensuring a timely resolution / escalation of trade queries
- Ability to build and maintain effective working relationships with a worldwide client base
- Quick learner both technical knowledge and systems
- Results orientated, target driven environment.
- Ability to adapt to opportunities presented through change
- Self-motivated and flexible approach to working hours
- Excellent organisational skills with ability to prioritise
- Ability to work under pressure and to strict deadlines
- PC Literate with working knowledge of Word / Excel
- Team Player, Excellent client service skills needed
Additional Information:
- Flexible Approach to working hours, Overtime is expected
February 19, 2012
• Tags: Derivatives Confirmations & Settlements (Japanese speakers ONLY) recruitment, IB Operations, Operations careers in the Singapore • Posted in: Financial