International Securities Settlements SpecialistPosted: November 1, 2009
Title: International Securities Settlements Specialist Location: DE-Newark Private Bank Operations supports the JPMorgan Private Bank, the worlds premier service provider for ultra wealthy individuals. The Private Banks goal is to help these affluent individuals across the globe optimize their wealth, after taxes and across generations. Located in Newark, Delaware, the 400 members of Private Bank Operations provide end-to-end support for all aspects of the client banking experience, working closely with sales, service, and product specialty groups. JPMorgan Chase is a leading global financial services firm with assets of $1.1 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. Under the JPMorgan and Chase brands, the firm serves millions of consumers in the United States and many of the most prominent corporate, institutional and government clients in the world. The JPM Private Bank affords its client the ability to settle securities transactions through Depositories (DTC, FED, Euroclear, and Option Clearing Corporation), in physical/restricted form, and at mutual fund companies. These transactions can be entered through the Private Bank Brokerage services, or by outside money manager/brokers. The Securities Settlement Specialist ensures the timely and accuracy of securities settlements (or related transactions) in the Private Banking client account. The securities settlement specialists will act as the primary contact for Client Services, the JPMPB custodian, and the JPM PB Middle/Front office of securities settlement transactions. * Core Responsibilities * Instruct and settle security transactions through Euroclear or local security markets * Process Cash transactions including cash only movement and time deposits * Execute and process foreign exchange transactions to support trade, income, corporate actions, derivative processing or outright FX * Fail management reportingsettlement methods for various types of securities * Strong mainframe (OMNI, AmTrust, Cosmic, Inform) and Desktop/PC skills Required Experience/Skills * Bachelors Degree or Equivalent JPMorganChase experience * Knowledge of both domestic and international securities (e.g., equities, fixed income, treasury, municipal, corporate bonds) * Strong technical/desktop skills * Strong attention to detailA * Ability to organize, multi-task & prioritize effectively Preferred Experience/Skills * 2 - 3 years of financial industry experience; operations experience a plus * Strong knowledge of the domestic and foreign settlement processes, foreign market regulations, and restrictions and time frames * Knowledge of settlement methods for various types of securities * Experience with JPMorgan technical systems (OMNI, AmTrust, Cosmic, Inform)
Please refer to job code jpmorgan-090056833 when responding to this ad.
| Category: | Office Employment |
|
> Other Office Employment
| | Location: | Newark, DE | | County: | New Castle County | | ZIP Code: | 19702 | | Pay Rate: | Open | | Job Terms: | full time | | Company: | JPMorgan Chase | | Phone: | email only please | | Fax: | email only please |
|