Portfolio Financing Middle Office Associate

Location: Newark, DE, United States

Job Family: Trading Services

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client-focused solutions. As a Portfolio Financing Middle Office Associate in our Trading Services team, you will play a pivotal role in supporting the firm's securities financing and prime brokerage operations. Based in our Newark, DE office, this position offers the opportunity to work in a dynamic, collaborative environment where your contributions directly impact high-stakes trading activities. You will join a team dedicated to delivering efficient, risk-aware middle office support, ensuring seamless execution of portfolio financing strategies for institutional clients worldwide. In this role, you will handle the end-to-end middle office functions for portfolio financing, including trade monitoring, margin oversight, and reconciliation. Your responsibilities will encompass validating complex financial transactions, assessing collateral requirements, and mitigating operational risks in line with JP Morgan Chase's rigorous standards. You will interact closely with traders, clients, and compliance teams to resolve issues swiftly, while leveraging advanced tools to analyze portfolio exposures and optimize financing terms. This position demands a keen eye for detail and a proactive approach to identifying process enhancements in a fast-evolving market landscape. We value associates who thrive in high-volume settings and are committed to excellence in financial services. Joining JP Morgan Chase means access to unparalleled resources for professional growth, including mentorship from industry leaders and exposure to cutting-edge technologies. If you have a solid foundation in finance and a passion for operational integrity, this role will allow you to advance your career while contributing to the firm's mission of powering the progress of global markets.

Key Responsibilities

• Support the portfolio financing team by monitoring daily trade bookings, confirmations, and settlements for accuracy and compliance
• Perform middle office controls including trade validation, margin calculations, and collateral valuation
• Collaborate with front office traders and back office teams to resolve discrepancies and ensure seamless trade execution
• Conduct risk assessments on financed portfolios, identifying potential exposures and recommending mitigation strategies
• Reconcile positions across multiple systems, ensuring data integrity and timely reporting to senior management
• Assist in regulatory reporting and adherence to internal policies within JP Morgan Chase's trading services framework
• Analyze portfolio performance metrics and provide insights to optimize financing structures
• Contribute to process improvements and automation initiatives to enhance operational efficiency
• Liaise with clients and counterparties to manage financing agreements and resolve operational queries
• Maintain accurate documentation of all middle office activities for audit and compliance purposes

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• 2-4 years of experience in middle office operations, portfolio financing, or securities finance within the financial services industry
• Strong understanding of financial products including equities, fixed income, and derivatives
• Proficiency in trade lifecycle management and risk assessment processes
• Excellent analytical skills with the ability to handle complex financial data
• Familiarity with regulatory requirements such as Dodd-Frank, EMIR, and SEC rules
• Ability to work in a fast-paced, high-volume trading environment

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications like CFA or FRM
• Experience with collateral management systems or portfolio margining in a prime brokerage setting
• Prior exposure to JP Morgan Chase systems or similar banking platforms
• Knowledge of automated reconciliation tools and data analytics in trading services
• Demonstrated project management experience in financial operations

Required Skills

• Financial modeling and valuation techniques
• Trade reconciliation and settlement processes
• Risk management and exposure analysis
• Proficiency in Microsoft Excel and financial software (e.g., Aladdin, Murex)
• Knowledge of SQL for data querying and analysis
• Strong attention to detail and accuracy
• Excellent communication and interpersonal skills
• Analytical problem-solving abilities
• Time management in high-pressure environments
• Team collaboration and stakeholder management
• Understanding of market data and pricing sources
• Regulatory compliance awareness
• Adaptability to changing market conditions
• Basic project management skills
• Proficiency in data visualization tools like Tableau

Benefits

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

JP Morgan Chase is an equal opportunity employer.