LONDON, LONDON, United Kingdom
3 days ago
Structured Products Operations - Senior Associate

Support EMEA Equity Derivative Structured Products Desks, ensuring seamless trade booking, validation, and process improvement in a dynamic team.

As a Structured Products Operations Senior Associate in the Structured Products Operations Middle Office team, you will be supporting the Equity Derivative Structured Products Desks in EMEA, covering both sales and trading for the exotic business lines. You will be facilitating trade bookings, queries on various structured trades, validating the economic integrity of the trades, ensuring settlement, client set-up is complete, all secondary buybacks formalities are actioned and facilitation of pricing (Bloomberg, Telekrus, Reuters etc).

Job responsibilites

Works with sales to provide pre-trade approvals on new structured, ensuring clients are on-boarded correctly and ensure all pre-trade formalities are completed prior to issue datePrepares various calculations on structured trades (cross asset class) for expiries, coupons, physical pay-offs and drafting fixing notices for custodians. Calculations are calculated using term sheets, confirmations and models built in excel pulling in data from Bloomberg and various data sources.Is responsible for booking Structured Products into various front office systems. Products range from ETP (exchange traded products/notes), range accruals, accumulators, auto-callable, callable notes, FX notes and various other exotic structures.Works with sales and trading to build the ETP (exchange traded products/notes) business to on-board new trades, automate the flow and work on enhancing the exciting marketing material to ensure this covers all JPM new product rangeWorks on projects to reduce manual labour, increase controls and mitigated risk of input errors on TIdentifies, implements and supports efforts to drive down manual work per trade, and working with other JPM teams in reducing costs within the middle office by taking advantage of our low-cost centresImproves daily processes to cut down on manual tasks, reduce risks, increase controls and assist in all new business activities.

Required qualifications, capabilities, and skills

Excellent product knowledge on a range of Structured Products under various asset classes (Equity Derivatives, FX, Commodities etc)

Understanding of the booking flows of structured products from FO risk systems, to full product lifecycle management (coupons, knockouts, corporate actions) to settlement (from JPM, to custodians to clearers)

Excellent attention to detail

Control mind set

Time Management, ability to prioritize effectively, to be able to work under pressure in an ever changing and evolving environment while not compromising the quality of the end result

A team player, capable of building effective business relationships across the organization, an understanding of the difference of what different teams within the bank do and ensuring the correct teams are engaged and utilised when required throughout the life of a trade

Pro-active approach to problem solving; root cause analysis, identifying solutions and taking ownership of these to resolution

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