Trade Support Specialist
JPMorgan Chase - New York, NY

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Trade Support Specialist - 140068607
Job Description
Equity Syndicate Operations – North America

Department Description:

Equity Syndicate Operations provides direct, high-touch operational support to three lines of business:

1. Equity Capital Markets

a. Deal Origination (Issuance)

b. Deal Execution

c. Syndicate Accounting

2. Equity Derivatives Group

a. Deal Origination (Issuance)

3. Special Equities Group

a. Company stock re-purchases

b. Convertible note buy backs

c. Equity Drawdown programs

d. Special situations, Medallion program, and restricted securities

e. Account Set ups

The primary function of the syndicate operations team involves the creation of, payment for, and distribution of new securities. There is also an accounting or financial control function relating to deal economics within North America and LATAM regions. Similarly, a solid understanding of the regulatory requirements for specific types of issuance and implications for investor certifications around suitabilty, IPO eligibility, and QIB attestations is required. All team members need an in depth knowledge of the settlements process and how to work with external Corporate trust departments and transfer/paying agents of the securities we are servicing.

Main Products supported (there are more than on this list):
US Listed Equities (IPOs and Follow Ons)
ADRs and GDRs
Convertible Notes
Convertible Preferred Stock and Units
ETNs (EDG Product)
Certificates of Deposit (EDG Product)
JPMorgan Derivatives Issuances (REN, BREN, etc)
Canadian Notes
Each member of the team will have core responsibilities supporting a primary business line above but all team members are expected to be able to back up any team member across several functions.

Syndicate Operations Analyst/Professional:

The analyst role in Syndicate Operations is a high-touch, high volume, specialized discipline within the middle office. The will face many different parts of the organization including the business, other middle office teams, and the back office; as well as client facing situations for the Special Equities business. The analyst will provide support to all 3 business lines and will be exposed to varying functions and special situations. Flexibility and attention to details are crucial within this space.

Some of the duties performed within this stripe are the following:
EDG Issuances and closings
Regulatory (TRACE set ups)
ECM deal execution functions
Client onboarding
Company stock re-purchases (Security and Cash Settlement)
Convertible bond buy backs
Restricted securities and certificated securities (physical, non-electronic)
Equity Drawdown Program servicing
Administer Medallion Program
Many Ad hoc client requests
Qualifications/Requirements :
  • tlement activities for U.S. securities – both internal and external.
  • Excellent Communications Skills.
  • Ability to work in a high stress, high control environment.
  • build working relationships.
  • .
  • Superior organizational skills and acute attention to details.
  • Develop strong awareness and grasp of regulatory obligations in functional role context and willingness to question any non-standard requests or deal characteristics.
  • Good discretionary instincts on when to escalate problems or potentially risky scenarios either to SynOps Senior Officers, MO Management, or to Legal/Compliance if required.
  • Willingness to cross-train on other group roles and provide support during high volume or vacation periods as needed.
  • Team Player with ability to multi-task in fact paced environment

Job Securities Operations
Primary Location US-NY-New York-383 Madison Avenue (BSC) / 41039

Schedule Full-time
Job Type Standard
Shift Day Job
Employee Status Regular

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