APAC Prime Brokerage Margin Client Services Middle Office - Associate
JPMorganChase
Join the team that works to deliver industry-leading capabilities to our clients. Drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.
The Prime Brokerage Middle Office comprises of business-aligned support teams for the equity prime and stock borrow & lending traders based in Hong Kong. The business covers all Asian markets; with products that range from cash equity to highly structured swaps. As a Margin Middle Office associate, you will be supporting the Prime business for all client service activities covering trade management, margin & corporate actions across all Asia markets. The team works in co-ordination with global Middle Office teams to ensure round the clock service for international clients.
Job Responsibilities
- Manage the Prime Brokerage margin process for hedge fund clients, issuing margin calls and performing recalculations as needed
- Monitor hedge fund portfolio risk and ensure client withdrawals remain within margin excess
- Collaborate with the Margin Trading Desk to conduct margin analysis, including running “What If” scenarios for prospective client portfolios
- Respond to client queries in a timely manner to deliver a high level of service
- Partner with internal operational teams to support the management of Prime Brokerage margin requirements and minimize client impact
- Act as an escalation point for high-risk margin issues
- Liaise with clients to explain complex mechanics involved in margin calculations and calls
- Proactively identify and resolve processing gaps and inefficiencies, ensuring a globally consistent operating model
- Participate in ad hoc projects and technology enhancement initiatives
- Provide cross coverage for Prime Brokerage Middle Office team functions
Required Qualifications, Capabilities, and Skills
- Minimum 3 years of experience in Middle Office and/or Operations (Margin, Collateral Management, Client Service) within the financial services industry
- Demonstrate solid end-to-end margin experience through a Prime Broker
- Apply global market knowledge and understanding of securities and derivatives products, and exhibit familiarity with Prime Brokerage business and hedge fund portfolio risk
- Demonstrate understanding of ISDA CSA and exchange margin calculation processes
- Show initiative and ownership mentality, with the ability to think creatively
- Display strong leadership skills and the ability to escalate issues appropriately
- Organize and multi-task effectively in a high-pressure environment
- Drive and manage global initiatives and projects across business, industry, or operations
- Communicate clearly in English, both spoken and written, to a high business standard
- Build strong working relationships with marketers, clients, traders, and support teams
- Demonstrate proficiency in Microsoft Word, PowerPoint, and Excel
Preferred Qualifications, Capabilities, and Skills
- Possess knowledge of VBA, SQL, and experience with digital tools such as Alteryx, Tableau, and Robotics
- Bring experience in process improvement and technology enhancement projects
- Display advanced analytical skills and the ability to understand client perspectives
- Demonstrate experience working with global teams
- Show adaptability to evolving business needs
- Hold relevant professional qualifications in margin or collateral management
- Exhibit experience in cross-functional team coverage within Prime Brokerage operations
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.
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.
Join the team that works to deliver industry-leading capabilities to our clients. Drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.