Operations - Agency Securities Finance Operations

3 weeks ago


Sydney, Australia JPMorgan Chase Bank, N.A. Full time

Agency Securities Finance Operations provides regional operational support for our Discretionary Securities Lending businesses.

Securities Lending as agent lender provides equity and fixed income securities to broker dealers to facilitate their proprietary and client trading strategies. Where they have a requirement to borrow securities the lending desk negotiates a fee for the loan based on supply and demand and the type of underlying strategy. With 4 desks globally, JPMC offers a 24 hour service in 37 different markets.

**Responsibilities**:
As an Agency Securities Finance Operations Associate, you will be:

- Providing operational support for the Securities Lending & Cash Reinvestment Trading desks
- Monitoring client sales, and ensuring adequate inventory for settlement
- Assist the trade desk to recall or swap positions for proxy events, buffer management, MSCI rebalance and client transitions
- Monitoring of Securities Lending trades to ensure settlement, liaising directly with counterparties and agent banks
- Processing and monitoring of Reinvestment Desk trades to ensure smooth settlement
- Collateral Management - ensuring sufficient collateral is maintained at all times for the stock on loan in our Discretionary program. Products - Cash & Non-cash Collateral (triparty & bilateral), Repo & Reverse Repo, CD's, CP's & TD's
- Reviewing and reporting on daily compliance data, and presenting data to senior operations managers.
- Act as a contact point to the business.

**Required qualifications, capabilities, and skills**:

- Excellent knowledge of Global Financial Markets with strong understanding of the workflows of a custodian is highly preferred
- Minimum of 2 years' experience in Securities Lending, Collateral Management, Settlements, Trade Support/Middle Office or corporate actions role
- Proven track record in a busy / dynamic operations environment with an ability to work under pressure and to strict deadlines
- Good understanding of Microsoft Excel
- With a strong controls focus

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.


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