Analyst - Global Fund Services Derivatives Operations

Location: Boston, MA, United States

Job Family: Fund Servicing

About the Role

At JPMorgan Chase, we are a leading global financial services firm with a strong commitment to innovation and client success. The Analyst - Global Fund Services Derivatives Operations role within our Fund Servicing category is pivotal in supporting the operations team that drives the success of both our clients and JPMorgan Chase. Based in our Boston, MA office, this position involves hands-on management of derivatives operations for a diverse portfolio of global funds, including hedge funds and institutional investors. You will play a key role in ensuring seamless transaction processing, risk mitigation, and regulatory adherence in a dynamic environment shaped by evolving financial markets. In this role, you will handle the end-to-end lifecycle of derivatives trades, from confirmation and reconciliation to settlement and reporting. Collaborating closely with cross-functional teams, you will resolve complex operational issues, contribute to process enhancements, and support the delivery of high-quality services that meet client expectations. Your work will directly impact the efficiency of fund operations at JPMorgan Chase, leveraging our cutting-edge technology platforms to manage high-volume derivatives activities such as OTC swaps and exchange-traded options. This position offers exposure to sophisticated financial instruments and the opportunity to grow within one of the world's largest asset servicing providers. We seek detail-oriented professionals passionate about the financial services industry, with a solid foundation in derivatives and fund operations. Joining JPMorgan Chase means becoming part of a collaborative culture that values integrity, innovation, and professional development. This role not only provides a platform to apply your expertise but also opens doors to broader career paths in global markets and operations, all while contributing to the firm's mission of powering the progress of the world's leading funds.

Key Responsibilities

• Process and reconcile derivatives transactions for global fund clients, ensuring accuracy and timeliness
• Monitor and resolve trade breaks, valuation discrepancies, and settlement issues in derivatives operations
• Collaborate with front office, middle office, and client service teams to support fund servicing needs
• Ensure compliance with regulatory requirements and internal controls for derivatives activities
• Analyze daily derivatives positions and generate reports for fund managers and stakeholders
• Support the implementation of new derivatives products and process improvements within the operations team
• Liaise with custodians, prime brokers, and counterparties to facilitate smooth derivatives workflows
• Contribute to risk management by identifying operational risks in fund derivatives portfolios
• Assist in month-end and quarter-end close processes for derivatives-related fund valuations
• Participate in training and knowledge sharing to enhance team capabilities in derivatives operations

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• At least 1-2 years of experience in financial services operations, preferably in derivatives or fund services
• Strong understanding of derivatives products including swaps, options, and futures
• Proficiency in financial regulations such as Dodd-Frank, EMIR, and MiFID II
• Excellent analytical and problem-solving skills
• Ability to work in a fast-paced, high-volume environment
• U.S. work authorization without sponsorship

Preferred Qualifications

• Experience with fund accounting or middle office operations in a global financial institution
• Knowledge of JPMorgan Chase's internal systems like Aladdin or similar platforms
• Certification such as CFA Level 1 or FRM
• Prior exposure to hedge funds or mutual funds servicing
• Familiarity with reconciliation processes for OTC derivatives

Required Skills

• Derivatives product knowledge (swaps, options, futures)
• Financial reconciliation and trade processing
• Regulatory compliance (Dodd-Frank, EMIR)
• Data analysis using Excel and SQL
• Attention to detail and accuracy
• Problem-solving in complex financial scenarios
• Communication and stakeholder management
• Time management in high-pressure environments
• Team collaboration and cross-functional coordination
• Risk assessment and mitigation
• Proficiency in financial software (e.g., Bloomberg, Aladdin)
• Analytical thinking for valuation and reporting
• Adaptability to changing market conditions
• Basic understanding of fund structures (hedge funds, mutual funds)

Benefits

• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for relevant certifications
• Employee stock purchase plan and performance-based bonuses
• Wellness programs including gym memberships and mental health support
• Flexible work arrangements and hybrid options in Boston, MA
• Access to JPMorgan Chase's global mobility and career advancement opportunities

JP Morgan Chase is an equal opportunity employer.