Career Central

Connecting people since 1887
Leverage our network to build your career.
Tell us about your professional DNA to get discovered by any company in our network with opportunities relevant to your career goals.

Futures & Options Asia Clearing Analyst



Metro Manila, Philippines
Posted on Thursday, July 11, 2024

Job Description

Job Description:

Futures and Options (F&O) manages JP Morgan's global exchange traded futures and options brokerage business. F&O provides investors and hedgers access to exchange traded listed derivatives throughout the world. F&O acts solely as the clients agent on brokerage transactions, and never as principal.

As a Global Clearing Operations Analyst, you will support Clearing, Reconciliations, Middle Office, F&O House Ops, Expiries & Deliveries, Settlement, Brokerage, Client On-boarding, Client Money, Regulatory Reporting, Static Data Management and Position Management.

Job Summary:

The Exchange Clearing group's primary responsibility is to provide an effective reconciliation and settlement service of exchange traded derivative products to both internal and external clients of JP Morgan. JP Morgan is a clearing member on over 60 Futures & Options exchanges globally. This role is focused upon derivative products. These include Fixed Income Securities, Equities, FX & Oil, Gas, Metals, Metals and Agricultural products. It is helpful that the candidate has some knowledge of the majority of these markets. The Singapore Regional Operations Centre (ROC) will be JP Morgan's preferred hub for a wide range of operational support for our listed derivatives business.

Required qualifications, capabilities, and skills:

  • Knowledge in F&O, preferably of Asia markets would be an added advantage
  • Knowledge of the products and the exchange rules covered by the team and is aware of the functions of the global business
  • Perform Regional Exchange Clearing in accordance with local regulatory requirements
  • Maintain accurately both at the exchange and within the internal clearing system
  • Escalate and resolve all trade and position breaks on trade date + 1
  • Awareness of the appropriate escalation procedures when issues are raised
  • Reviews and checks production output from a control aspect
  • Processes are reviewed regularly and where possible make suggestions for greater efficiency

Preferred qualifications, capabilities, and skills:

  • Ability to assimilate information quickly and accurately, whilst remaining focused on 'the big picture'
  • Excellent Client focus and Customer care working practices
  • Flexible attitude towards working hours due to the demands of the working place
  • Strong intellectual curiosity for process improvements
  • Good written and verbal communication skills
  • Able to work accurately and effectively under pressure
  • Strong time management skills required to meet the many internal and external deadlines
  • Good PC skills
  • Excellent attention to detail
  • Ability to review and enhance processes is preferred