Prime Brokerage Margin-Client Service Operations Associate

Overview

Job Description Embark on your journey as a Trade Lifecycle Manager I where you'll be at the forefront of managing the pre- and post-trading life cycle across all asset classes. Your role will be crucial in ensuring accurate cash movements and proper funding coordination, leveraging your expertise to drive process improvements and ensure project success. This role involves managing the operations of the pre- and post-trading life cycle across all asset classes, ensuring trades are processed on respective platforms and coordinating cash movements in and out of client accounts.

You will be responsible for day-to-day operational functions including firm and regulatory risk monitoring, review and approval of collateral movements, and maintaining equity levels on margin loans. These functions include providing first class client service to our Client Service Rep team that deal directly with our Prime Brokerage/Hedge Fund clients.

• Manage and optimize client collateral and monitor its movement.
• Answer incoming margin settlement requests sent by clients, compare them to JPMorgan's exposure, and agree on the amount and type of asset to be moved.
• Continue development of the Prime Brokerage Margin Service offering.
• Prevent client payments from resulting in deficits and follow up on counter party issues.
• Maintain a controlled environment by adhering to and updating operational procedures.
• Report significant issues to management and respond quickly to internal inquiries.
• Support reconciliations, resolve discrepancies, and assist with reporting and root cause analysis.
• Handle ad hoc management requests, operational investigations, and audit requirements.
• Regularly review processes, suggest improvements, and implement enhancements.
• Participate in strategic STP initiatives and manage complex change requests.
• Ensure full compliance with all control and educational requirements.

• Broker Dealer Operations experience or a similar background.
• Working knowledge of client service, cash funding, global settlements & exception remediation.
• Strong problem-solving and strategic thinking with the ability to develop solutions for clients and drive process improvements.
• High accuracy, attention to detail, numeracy, with strong proficiency in Excel and core systems.
• Strong communication skills for detailed interactions across multiple lines of business and core processing areas.
• Methodical work style, with ability to meet strict deadlines and perform under pressure.
• Ability to proactively identify risks and confidently challenge stakeholders when controls may be compromised.
• Collaborative, team-oriented, and able to support team goals while fostering a positive environment.
• Take responsibility for mistakes, share lessons learned, and embrace feedback for growth.
• Strong analytical abilities and interest in digital automation tools.
• Series 99 and SIE licenses required to be obtained within 6 months of starting in role.

• Knowledge of Reg T, FINRA Rule 4210, SEC Rule 15c3-1 and SEC Rule 11d1 preferred, with ability to apply these regulations to ensure compliance in trade lifecycle management and margin requirements.

• Please note this role is not eligible for employer immigration sponsorship.
• Final Job Grade and officer title will be determined at time of offer and may differ from this posting.

JPMorgan Chase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility.

These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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,…