Margin&Collateral Manager Vice President

Location: Chicago, IL, United States

Job Family: Margin&Collateral

About the Role

At JPMorgan Chase, we are a leading global financial services firm with operations spanning investment banking, consumer and community banking, commercial banking, and asset and wealth management. The Margin & Collateral Manager Vice President role within our Corporate & Investment Bank in Chicago, IL, is pivotal in delivering exceptional service to our institutional clients. Reporting to the Head of Collateral Operations, you will lead a dynamic team that acts as the primary point of contact for clients on all matters related to margins and collateral, ensuring seamless execution in a high-volume, regulated environment. This position demands a strategic mindset to oversee daily operations while driving innovations that enhance efficiency and client satisfaction in our derivatives and financing businesses. Your core responsibilities will include providing operational leadership for margin call processing, collateral mobilization, and dispute management, all while adhering to stringent regulatory frameworks like Dodd-Frank and EMIR. You will collaborate closely with front-office teams to align collateral strategies with client trading activities, optimizing usage to reduce costs and risks. Additionally, you will spearhead process improvements, leveraging technology to automate workflows and integrate advanced analytics for better forecasting of margin requirements amid market volatility. As a Vice President, you will also contribute to broader risk management initiatives, preparing detailed reports for senior leadership and ensuring the team's alignment with JPMorgan Chase's commitment to operational excellence and client-centric solutions. This role offers a unique opportunity to grow within one of the world's most admired financial institutions, where your expertise in margins and collateral can directly impact our clients' success. In Chicago's vibrant financial hub, you will join a collaborative culture that values innovation, diversity, and professional development. If you have a passion for the intricacies of financial risk and a track record of leading high-performing teams, this position at JPMorgan Chase will allow you to make a meaningful contribution to our global operations.

Key Responsibilities

• Provide strategic oversight and leadership to a team responsible for daily client interactions on margin calls, collateral postings, and dispute resolutions
• Develop and implement policies for collateral management to ensure compliance with internal JPMorgan Chase standards and external regulations
• Monitor and optimize collateral usage across client portfolios to minimize risk and maximize efficiency
• Collaborate with sales, trading, and risk management teams to support client needs in derivatives and financing products
• Analyze market volatility and its impact on margin requirements, advising on proactive measures
• Lead initiatives to enhance operational processes, including automation of collateral workflows
• Conduct regular audits and reporting on margin and collateral activities to senior management
• Foster strong client relationships by serving as the primary escalation point for complex margin issues
• Stay abreast of industry trends and regulatory changes, integrating them into team strategies
• Mentor and develop team members to build a high-performing group within JPMorgan Chase's Corporate & Investment Bank

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 7-10 years of experience in margin management, collateral operations, or risk management within the financial services industry
• Proven leadership experience managing teams in a fast-paced banking environment
• Deep knowledge of regulatory requirements such as Dodd-Frank, EMIR, and Basel III related to margins and collateral
• Strong understanding of derivatives, securities lending, and collateralized financing
• Experience with collateral management systems and risk mitigation strategies
• Ability to thrive in a high-stakes, client-facing role at a global financial institution like JPMorgan Chase

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications (e.g., FRM, CFA)
• Prior experience at a Tier 1 investment bank handling complex client portfolios
• Familiarity with JPMorgan Chase's internal systems and processes for collateral optimization
• Track record of implementing margin efficiency programs in volatile markets
• International exposure to cross-border collateral arrangements

Required Skills

• Expertise in margin calculation methodologies (e.g., ISDA SIMM)
• Proficiency in collateral management platforms like Murex or Calypso
• Strong analytical skills for risk assessment and portfolio modeling
• Excellent communication and negotiation skills for client interactions
• Leadership and team management abilities
• In-depth knowledge of financial derivatives and securities
• Regulatory compliance and reporting expertise
• Problem-solving in high-pressure environments
• Project management for operational improvements
• Data analysis using tools like Excel, SQL, or Python
• Attention to detail in collateral valuation and reconciliation
• Strategic thinking for long-term risk mitigation
• Client relationship management
• Adaptability to market changes and regulatory updates
• Cross-functional collaboration skills

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at Chicago facilities
• Flexible work arrangements and hybrid options post-pandemic

JP Morgan Chase is an equal opportunity employer.