EMEA Credit Default Swap Client Services Senior Associate

Location: Paris, France

Job Family: Client Service Delivery

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. The EMEA Credit Default Swap (CDS) Client Services Senior Associate role within our EMEA Credit Derivatives Middle Office team in Paris, France, offers an exciting opportunity to support high-profile clients in one of the world's most dynamic financial markets. As a Senior Associate, you will play a pivotal role in delivering exceptional client service for CDS products, ensuring seamless operations from trade execution to post-trade processing. This position is integral to our Client Service Delivery category, where your expertise will help drive efficiency, mitigate risks, and foster long-term client relationships in the competitive EMEA credit derivatives landscape. In this role, you will collaborate closely with cross-functional teams including front office traders, risk managers, and global operations hubs to manage the full lifecycle of CDS trades. Responsibilities include resolving complex client inquiries, performing daily reconciliations, and providing insightful analytics on CDS portfolios, all while adhering to stringent regulatory frameworks like EMIR. You will leverage JP Morgan's cutting-edge technology platforms to enhance service delivery, contributing to process optimizations that align with our firm's commitment to operational excellence. This position demands a proactive approach to identifying potential issues and implementing solutions that uphold our high standards of integrity and accuracy in a fast-evolving market environment. Joining JP Morgan Chase means becoming part of a supportive, inclusive culture that values professional growth and work-life balance. We offer robust training programs, exposure to senior leadership, and opportunities for career advancement across our global network. If you are passionate about financial services, possess a strong foundation in credit derivatives, and thrive in a client-centric role, this Senior Associate position in Paris will allow you to make a meaningful impact while advancing your career in one of the industry's most prestigious institutions.

Key Responsibilities

• Serve as a key point of contact for EMEA clients on Credit Default Swap (CDS) inquiries, ensuring timely and accurate resolution of service requests
• Monitor and manage the end-to-end trade lifecycle for CDS products, including trade capture, confirmation, and settlement in compliance with regulatory standards
• Collaborate with front office, risk management, and operations teams to mitigate operational risks and enhance client service delivery
• Conduct daily reconciliations of CDS positions, valuations, and cash flows, identifying and escalating discrepancies promptly
• Provide analytical support for client reporting, including performance attribution and portfolio analysis for CDS exposures
• Assist in the implementation of new CDS products or process improvements within the EMEA Credit Derivatives Middle Office
• Ensure adherence to JP Morgan's risk and control frameworks, contributing to audit preparations and regulatory filings
• Build and maintain strong relationships with internal stakeholders and external clients to drive service excellence
• Support ad-hoc projects related to market events, system enhancements, or regulatory changes impacting CDS operations
• Mentor junior associates and contribute to team knowledge sharing on EMEA-specific credit market dynamics

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• Minimum of 3-5 years of experience in credit derivatives, middle office operations, or client services within the financial services industry
• Strong understanding of Credit Default Swaps (CDS) products, including EMEA market specifics and regulatory requirements such as EMIR
• Proficiency in trade lifecycle management, from execution to settlement and reconciliation
• Excellent knowledge of financial markets, risk management principles, and operational controls in a derivatives environment
• Fluency in English; proficiency in French is required due to the Paris location
• Relevant certifications such as CFA, FRM, or IMC preferred but not mandatory

Preferred Qualifications

• Experience working in a global investment bank like JP Morgan Chase, with exposure to EMEA credit markets
• Advanced degree (Master's or MBA) in Finance or a quantitative field
• Prior involvement in client-facing roles within derivatives middle office
• Familiarity with JP Morgan's internal systems and processes for credit products
• Knowledge of ESG considerations in credit derivatives

Required Skills

• Deep knowledge of Credit Default Swaps and credit derivatives
• Proficiency in financial modeling and valuation techniques
• Expertise in regulatory compliance (EMIR, Dodd-Frank, MiFID II)
• Strong analytical and problem-solving abilities
• Excellent communication and client relationship management skills
• Attention to detail and accuracy in high-volume data environments
• Proficiency in Microsoft Excel, VBA, and financial software like Bloomberg or Murex
• Ability to work under pressure in fast-paced trading environments
• Team collaboration and leadership qualities
• Risk assessment and operational control expertise
• Multilingual capabilities (English and French)
• Project management skills for process improvements
• Adaptability to evolving market conditions
• Ethical judgment in handling sensitive financial data
• Technical aptitude for system integrations and automation

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs, including tuition reimbursement and access to JP Morgan's learning academy
• Employee stock purchase plan and financial wellness resources
• Global mobility opportunities within JP Morgan Chase
• Wellness initiatives, including gym memberships and mental health support

JP Morgan Chase is an equal opportunity employer.