Prime Financial Services - Transition Management - Associate

Location: New York, NY, United States

Job Family: Associates

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of delivering innovative solutions to clients worldwide. The Prime Financial Services - Transition Management - Associate role is pivotal in our Prime Brokerage division, where you will drive the seamless onboarding and transition of clients across diverse asset classes, including equities, fixed income, derivatives, and forex. Based in our state-of-the-art New York office, you will play a key role in ensuring that hedge funds, asset managers, and institutional clients experience minimal disruption during critical transitions, leveraging JP Morgan's robust infrastructure to support their trading and financing needs. This position demands a proactive approach to project management, close collaboration with cross-functional teams, and a deep commitment to regulatory excellence in a dynamic financial landscape. As an Associate in Transition Management, your day-to-day will involve leading complex client onboarding projects from inception to completion, identifying potential risks, and implementing mitigation strategies to safeguard operational integrity. You will serve as the client's trusted advisor, translating their unique requirements into tailored solutions while adhering to stringent compliance standards such as Dodd-Frank and MiFID II. Working alongside sales, trading, operations, and technology teams, you will utilize JP Morgan's proprietary tools to streamline processes, track progress, and deliver exceptional outcomes. This role offers exposure to high-profile clients and the opportunity to contribute to process enhancements that drive efficiency across our Prime Financial Services platform. We value individuals who thrive in fast-paced environments and bring a blend of technical expertise and interpersonal skills to the table. Joining JP Morgan Chase means becoming part of a collaborative culture that fosters innovation, professional growth, and work-life balance. With comprehensive benefits and career development resources, this position is ideal for motivated professionals looking to advance in the financial services industry while making a tangible impact on our clients' success.

Key Responsibilities

• Lead the end-to-end onboarding process for new and existing clients across multiple asset classes in Prime Financial Services
• Coordinate with internal teams including sales, trading, compliance, and technology to ensure seamless transitions
• Identify and mitigate risks associated with client migrations, ensuring minimal disruption to trading activities
• Develop and maintain detailed project plans, timelines, and status reports for transition initiatives
• Act as the primary point of contact for clients, providing updates and resolving issues promptly
• Ensure compliance with regulatory standards and internal JP Morgan policies throughout the onboarding lifecycle
• Analyze client requirements and customize solutions to optimize their prime services experience
• Collaborate on process improvements to enhance efficiency in transition management
• Monitor post-transition performance and support ongoing client relationship management
• Contribute to training and knowledge sharing within the Prime Financial Services team

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 3-5 years of experience in transition management, client onboarding, or operations within financial services
• Strong understanding of multi-asset class products including equities, fixed income, derivatives, and forex
• Proficiency in regulatory requirements such as Dodd-Frank, EMIR, and MiFID II
• Experience with project management tools and methodologies in a fast-paced banking environment
• Excellent communication skills with the ability to interact with senior stakeholders and clients
• Ability to work in a hybrid office environment in New York, NY

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications like CFA or FRM
• Prior experience at a bulge-bracket investment bank such as JP Morgan Chase
• Knowledge of JP Morgan's internal systems like Prime Gateway or similar platforms
• Demonstrated success in managing complex client transitions in prime brokerage
• Fluency in additional languages to support global client interactions

Required Skills

• Project management and coordination
• Risk assessment and mitigation
• Client relationship management
• Regulatory compliance knowledge
• Multi-asset class expertise
• Data analysis and reporting
• Problem-solving and critical thinking
• Attention to detail
• Strong written and verbal communication
• Team collaboration and leadership
• Proficiency in Microsoft Office Suite (Excel, PowerPoint)
• Familiarity with financial software and databases
• Time management in high-pressure environments
• Adaptability to changing priorities
• Analytical mindset for process optimization

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 opportunities through JP Morgan's internal training programs
• Employee stock purchase plan and financial wellness resources
• Hybrid work flexibility and wellness reimbursement programs
• Access to global mobility and career advancement paths within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.