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Triparty settlement associate

Bournemouth
J.P. Morgan
€80,000 - €100,000 a year
Posted: 5 June
Offer description

If you are interested in an evolving fast paced environment at the forefront of industry transformation, please join us!

As a Triparty Settlement Associate in Collateral Settlements Team, you will support the settlement of Triparty Required Value (RQV) transactions for the derivative collateral business.

The Collateral Settlements team deals primarily with market custodians (Euroclear, Clearstream etc.) and internal stakeholders (Client Service Teams, Regulatory Management, Credit Portfolio Group Middle and Front Office). The teams key responsibilities include, securities settlement, fails management, position reconciliations/management, Coupon/Corporate Actions(COAC) management, tax documentation processing.

Job responsibilities

* Monitor and manage the settlement of Regulated Initial Margin (IM) with Triparty agents
* Respond to stakeholder inquiries, and when needed, coordinate with the appropriate teams as well as the core processing area in order to facilitate resolution
* Mitigate Risk (Operational, Financial and Reputational)
* Provide quality client service
* Maintain and build excellent relationships with both internal partners and external parties

Required qualifications, capabilities, and skills

* Desire to work in a fast-paced environment
* Strong written and verbal communication skills
* Self-motivated, enthusiastic with a great appetite to learn and develop new skills
* Excellent relationship-building and good communication skills, with experience in working with Front Office Stakeholders
* Excellent time management skills and the ability to organize and prioritize work in a busy environment with the ability to work under pressure and to deadlines
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