Prime Brokerage Settlements Part-Time Associate

Location: BOURNEMOUTH, DORSET, United Kingdom

Job Family: Trade Lifecycle

About the Role

At JPMorgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. As a Prime Brokerage Settlements Part-Time Associate in our Bournemouth office, you will play a vital role in supporting the trade lifecycle within our Prime Services division. This position offers the opportunity to work in a dynamic environment, processing settlements for hedge funds, asset managers, and institutional clients across equities, fixed income, and derivatives. You will contribute to ensuring seamless operations that underpin our clients' success, while gaining exposure to sophisticated financial products and systems in one of the world's top investment banks. Your primary focus will be on the accurate and efficient settlement of trades, including reconciliation with custodians and counterparties using platforms like CREST and Euroclear. You will identify and resolve exceptions, monitor settlement risks, and prepare detailed reports to support compliance with regulations such as MiFID II and EMIR. Collaborating closely with trading teams and clients, you will handle inquiries and facilitate the end-to-end trade process, all while adhering to JPMorgan Chase's rigorous risk management standards. This part-time role, ideal for 20-25 hours per week, provides flexibility while immersing you in the fast-paced world of prime brokerage. JPMorgan Chase values professional growth and offers robust support for part-time associates, including access to our world-class training programs and mentorship opportunities. Joining our Bournemouth team means becoming part of a collaborative culture that fosters innovation and excellence in financial services. If you have a keen eye for detail, a solid foundation in finance, and a passion for operational excellence, this role is an excellent stepping stone to build your career at a premier institution.

Key Responsibilities

• Process and settle prime brokerage trades across various asset classes, ensuring timely and accurate execution
• Reconcile daily trade settlements with counterparties and internal systems to identify and resolve discrepancies
• Monitor settlement risks and implement controls to mitigate operational exposures
• Collaborate with trading desks, clients, and custodians to facilitate smooth trade lifecycle management
• Prepare and analyze settlement reports for senior management and regulatory compliance
• Support month-end and quarter-end reconciliation processes, including NAV calculations
• Assist in the implementation of new settlement workflows and system enhancements
• Handle client inquiries related to settlement status, fees, and trade confirmations
• Ensure adherence to JPMorgan Chase's risk management policies and industry regulations

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• At least 1-2 years of experience in financial services, settlements, or trade operations
• Understanding of prime brokerage products, including equities, fixed income, and derivatives
• Familiarity with regulatory requirements such as MiFID II, EMIR, and Dodd-Frank
• Proficiency in Microsoft Office Suite, particularly Excel for data analysis
• Availability to work part-time hours, typically 20-25 hours per week
• Right to work in the United Kingdom without sponsorship

Preferred Qualifications

• Prior experience in a prime brokerage or custody services environment at a major financial institution
• Knowledge of settlement systems like DTCC, CREST, or Euroclear
• Certification such as CFA Level 1 or ACCA partial qualification
• Experience with trade reconciliation and exception management
• Fluency in additional languages relevant to international clients

Required Skills

• Strong analytical skills for trade reconciliation and data validation
• Attention to detail to minimize settlement errors
• Proficiency in financial settlement platforms and reconciliation tools
• Knowledge of trade lifecycle events from execution to settlement
• Excellent communication skills for client and team interactions
• Time management abilities to handle high-volume, deadline-driven tasks
• Problem-solving expertise in resolving complex settlement issues
• Understanding of risk assessment in prime brokerage operations
• Technical proficiency in Excel, including VLOOKUP, pivot tables, and macros
• Adaptability to evolving regulatory and market conditions
• Team collaboration skills in a fast-paced financial environment
• Basic knowledge of SQL for querying settlement databases
• Regulatory compliance awareness in global financial markets
• Customer service orientation for handling client queries

Benefits

• Competitive hourly rate with potential for performance-based bonuses
• Access to JPMorgan's comprehensive health and wellness programs, including medical, dental, and vision coverage
• Part-time flexible scheduling to support work-life balance
• Professional development opportunities through JPMorgan's internal training and certification programs
• Employee assistance program offering counseling and financial planning support
• Generous paid time off and holiday entitlements prorated for part-time roles
• Retirement savings plan with employer matching contributions
• Exclusive access to JPMorgan's global employee discounts and perks

JP Morgan Chase is an equal opportunity employer.