Markets Asset Servicing-Risk Team, Associate

Location: Jersey City, NJ, United States

Job Family: Asset Servicing

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 Markets Asset Servicing-Risk Team plays a critical role in our Corporate & Investment Bank division, ensuring the seamless processing of corporate actions while maintaining robust risk controls. As an Associate in this team based in Jersey City, NJ, you will drive accurate and timely execution of corporate actions such as dividends, mergers, and rights offerings across equities, fixed income, and derivatives. Your work will directly support our institutional clients by minimizing operational risks and delivering exceptional service in a dynamic, high-stakes market environment. In this position, you will collaborate closely with traders, operations specialists, and client advisors to identify and mitigate risks associated with market events. You will analyze the potential impacts on portfolios, implement preventive controls, and resolve any discrepancies swiftly to uphold JP Morgan's reputation for reliability. Additionally, you will contribute to enhancing our servicing processes through technology-driven solutions, ensuring compliance with global regulations like those from the SEC and ESMA. This role offers exposure to sophisticated financial instruments and the opportunity to grow within one of the world's largest banks. We value professionals who thrive in collaborative settings and possess a keen eye for detail. Joining JP Morgan Chase means becoming part of a diverse team committed to excellence, where your contributions help power economic growth for clients worldwide. If you are passionate about financial markets and risk management, this Associate role provides a platform to advance your career in asset servicing.

Key Responsibilities

• Process and validate corporate actions for securities across various asset classes to ensure accuracy and timeliness
• Collaborate with trading, operations, and client service teams to mitigate risks associated with market events
• Monitor and analyze potential impacts of corporate actions on client portfolios and JP Morgan's positions
• Implement risk controls and escalation procedures to prevent errors in asset servicing
• Provide exceptional client support by resolving inquiries related to corporate actions and market risks
• Contribute to process improvements and automation initiatives to enhance efficiency in the Markets Asset Servicing team
• Ensure compliance with internal policies and external regulations in all servicing activities
• Prepare reports and documentation for risk assessments and audit purposes
• Participate in team meetings to discuss emerging market risks and servicing challenges

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field
• Minimum of 2-3 years of experience in asset servicing, corporate actions processing, or risk management within the financial services industry
• Strong understanding of financial markets, securities, and corporate actions such as mergers, dividends, and stock splits
• Proficiency in risk assessment and control processes in a high-volume trading environment
• Excellent attention to detail and ability to handle complex, time-sensitive tasks
• Demonstrated experience collaborating with cross-functional teams to ensure compliance and client satisfaction

Preferred Qualifications

• Advanced certification such as CFA or FRM
• Experience with JP Morgan Chase systems or similar banking platforms like Aladdin or internal risk tools
• Prior work in a global markets division handling multi-asset class servicing
• Knowledge of regulatory requirements including SEC, FINRA, and Dodd-Frank Act

Required Skills

• Proficiency in Microsoft Excel and financial modeling tools
• Knowledge of Bloomberg or Reuters for market data analysis
• Strong analytical and problem-solving abilities
• Excellent communication and interpersonal skills
• Attention to detail and accuracy in data processing
• Risk management and compliance expertise
• Team collaboration and stakeholder management
• Time management in fast-paced environments
• Understanding of SQL or basic database querying
• Familiarity with Python or VBA for automation
• Adaptability to regulatory changes in financial services
• Client-focused service orientation
• Organizational skills for handling multiple priorities
• Basic knowledge of derivatives and fixed income products

Benefits

• Competitive base salary and performance-based annual bonuses
• 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 access to financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase facilities
• Flexible work arrangements and hybrid options for eligible roles

JP Morgan Chase is an equal opportunity employer.