Ba OTC Settlements

**JOB DESCRIPTION** J.P. Morgan **is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. **OTC Derivatives Operations **supports a global and diverse client base. Primary functions performed: affirmation, settlement, client money daily segregation, credit event management, regulatory reporting, and tax reporting. Facilitate transaction execution via a ‘best in class’ systematic control framework, providing integration between risk systems and vendor platforms - Manage a portfolio of 2.5Mill live trades - Monthly settlement of 600,000 payments We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. **Location Description** J.P. Morgan’s extensive history in Argentina dates back to the 1880s, playing a crucial role in the financing of railroads, gold and minerals extraction, and sovereign financing. In 1978, J.P. Morgan reinforced its local presence with a branch office in the city, and less than a decade later, J.P. Morgan Argentina S.A. was created. Buenos Aires is a key location for the company’s international footprint. The firm is investing in creating a world-class corporate center in Buenos Aires, with refurbished and high performance workplaces, state-of-the-art technology and collaboration tools. It’s a first-class environment, where people take great pride in the important work they do for the company. Employees at the BA Corporate Center provide a wide range of support for the firm’s day-to-day, global business activities, representing JPM Corporate & Investment Bank, the strategic Operations & Technology Corporate Center and Corporate Functions. Employees work in 2 buildings collaborating, innovating and sharing their time while offering robust training, development and internal mobility. **Summary of Responsibilities**: - Confirmation with clients of amounts to be settled in relation of coupons payments for Interest, Credit or Equity derivative trades; - Pre-settlement investigations of differences between client´s and JPM amount. Analysis of trade documentation to identify differences and follow up for resolution. - Management of client´s reference data for ensuring documentation delivery is done on time - Management of client´s settlement instructions - Post-settlement investigations of differences. Follow up with internal and external clients to close open breaks. - Creation of daily/weekly metrics report for outstanding open breaks. **Skills and Qualifications** - Derivative Operations experience desirable (Middle Office / Back Office) - Strong product knowledge; thorough understanding of the end to end transaction cycle for derivatives products - Excellent verbal and written communication skills - Ability to drive results through a "hands-on" approach - Successful in team environments with matrix reporting structures - Can operate effectively in a dynamic environment with tight deadlines - Control mindset to identify process control gaps, prioritize & mitigate operational risk - Ability to multi-task effectively to meet tight dead lines - Flexibility to work in shifts **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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. **ABOUT THE TEAM** The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world. Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. De