Prime Brokerage Cash And Controls - Vice President
Join to apply for the Prime Brokerage Cash And Controls - Vice President role at JPMorganChase. Be a member of a dynamic team where individuals with diverse skills and backgrounds unite to achieve common goals through excellence and creativity.
As a Vice President in the Prime Brokerage Cash and Controls team you will provide services to hedge funds and professional investors enabling them to finance their investment activities through a bespoke range of products tailored to suit their needs. The range of services typically available to our Prime Brokerage clients include Global Custody, Securities Lending, Financing and Margin Solutions. You will be responsible for cash wire processing, payment processing as well as controls around equity and fixed incoming trading activity. In this role you will learn and gain exposure to a growing market and you will play an active part in the success of the team.
Job Responsibilities
Process payments
Review and apply incoming cash wires to institutional and retail clients
Take care of payment controls, understanding and adherence to these controls and adhering to these standards
Investigate and resolve cash and control breaks
Liaise with global partners and stakeholders to resolve and mitigate reconciliation issues related to the Prime Brokerage product range
Perform, design and implement key controls across the trade lifecycle process
Analyze and identify opportunities to increase STP
Develop, revise and ensure adherence to company and department policies and procedures
Ensure that all work items are completed as per the agreed timeline
Prepare and analyze metrics
Required Qualifications, Capabilities, And Skills
Relevant experience or equivalent expertise in payments or controls
Demonstrated advanced skills in using automation technologies to optimize payment systems and processes
Advanced knowledge of market products, including their definitions, operating procedures, and relevant industry regulations
Proactive approach to problem solving, taking ownership of issues, and having the determination to follow through
Impeccable time management
Ability to deliver at a high standard even when under pressure
Finra licensing; SIE + Series 99
Expertise in data analysis techniques, with the ability to communicate data-driven insights effectively to inform strategic decisions
Expertise to create presentations across various levels
Ability to deliver in person and virtual presentations to senior management and stakeholders
Preferred Qualifications, Capabilities, And Skills
Financial services experience in Corporate Banking
Strong payments understanding and background
Stronger leadership skills
Experience within Prime Brokerage / Securities Settlements / Asset Servicing
Experience of reconciliations
Analytical skills
As a successful applicant you will be required to obtain your FINRA Series 99 certification within 12 months of your start date.
About Us
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Seniority level
Mid‑Senior level
Employment type
Full‑time
Job function
Finance and Sales
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