Trade Lifecycle Analyst – Cost and Commission Services

Job title: Trade Lifecycle Analyst – Cost and Commission Services

Company: JPMorgan Chase


Job description: Job Description:Elevate your career with JPMorgan Chase, a top financial firm, valuing innovation, creativity, and excellence.As a Trade Lifecyle Analyst within Cost and Commission Services , you will be responsible for invoice management, validation/reconciliation, and allocation of charge to various Line of Business (LOB), Cost Centers, timely payment, NOSTRO Clearance, and MIS Reporting. You will be part of the group that executes Trading Expense Management with various functions/processes Fees and Brokerage [Derivative Operations (Credit, Rates, Equities, Fixed Income, and Options), Currency Operations (FxOps), Brokerage Control.Job responsibilities:

• Process transactions and facilitate accurate and timely payment of invoices of various counterparties/brokers; meeting service levels, production workflows, and training. Support the execution of strategic business initiatives, workflow design, and implementation of the department’s goals and objectives.
• Ensure that all company policies are followed and special projects are carried out in a competent and cost effective manner.
• Build strong working relationships with functional managers and develop the product and business knowledge on Prime Brokerage and Clearing Operations
• Balance all JPMCC entities within the books and records processing stream, omnibus and suspense accounts, inter-company trading accounts including balancing omnibus and suspense accounts, Daily balancing of Bank Accounts
• Monitor data processing charges allocated to select operational areas
• Reconcile delivery-versus-payment account balances, security and NOSTRO positions/ transactions breaks for proprietary and Prime brokerage accounts by referring it to settlements/ Middle Office/ Agents systems/reports
• Provide analysis on accruing, allocating, and paying Electronic Communication Network (ECN) invoices, SEC Fees Direct payment & Non Direct payment, Analyzing, accruing, allocating, and paying international bank / floor brokerage / Stock Loan fees etc.
• Process and execute receipt and payment of CMTA commissions and reconcile receivable/payable accounts, notification letters to clients of cash and stock transfers
• Process invoices from external parties and resolve/escalate discrepancies to OU(Organization units)/Middle office
• Process journal’s into firm/client accounts to resolve breaks & Reconciles cash flows through various systems and client accounts

Required qualifications, capabilities and skills:

• At least 3 years relevant experience reconciling security & NOSTRO positions, TLM breaks; accounts payable and receivable, reconciliation etc.
• Strong business knowledge i.e. Investment Banking, product knowledge in derivatives, fixed income, and equities.
• Knowledge of accountancy, journal entries, general ledger, book keeping etc.
• Working knowledge of industry systems like TLM (trade lifecycle management), E-PI (e-Serve Payments Initiation)
• High level of attention to detail and ability to multitask
• Ensure all day to day queries dealt with within required SLAs and escalate issues to the immediate manager
• Analytical, problem solver and able to multi-task
• Strong business writing and verbal English communication skills
• Strong Interpersonal skills. Should be able to communicate at all levels.

About Us:JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.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. Visit our for more information about requesting an accommodation.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.

Expected salary:

Location: Metro Manila

Job date: Sat, 22 Feb 2025 06:01:49 GMT

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