As a Settlement Specialist you will monitor, analyze, and process transactions via the front end system. As a Settlement Specialist you will facilitate the accurate and timely settlement of all domestic and international(Euroclear)transactions, within different product areas. You will identify trade discrepancies, unmatched trades, and the potential risk related to the trades. You will handle complex operational/settlement problems under general supervision. You will perform a daily reconciliation of bond and cash movements and facilitate cross border activity. You will create and maintain daily and monthly activity reports. As a Settlement Specialist you will have daily interaction with the Middle Office, counterparties, traders, corresponding banks, immediate supervisors, and the finance desk for all necessary funding/payment requirements. You will ensure continuity of daily trade processing. You will participate in special projects as needed.
The specific experience needed is:
Four year college degree
Derivatives experience required
Fixed Income experience required
At least one year experience with Euroclear transactions required
Knowledge of Money Market Processing (Foreign currency processing a plus)
At least one year prior reconciliation and operations experience required
At least one year securities experience required
Prior customer service experience
Understanding of payments and reconciliations
Good PC skills- Microsoft Suite (Excel, Word, Powerpoint, Access)
Very good organizational skills
Ability to work in a stressful and quick paced environment
Good interpersonal skills
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.
US-DE-Newark-CC - Ops 4 / 00778
CIO - Treasury Summary
JPMorgan Chase & Co.
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