Settlement Analyst

Location: Argentina

Job Family: Trade Lifecycle

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. Our Corporate & Investment Bank division is seeking a Settlement Analyst to join the Mortgage-Backed Securities (MBS) Team in our Argentina office. This role is integral to the Trade Lifecycle category, where you will play a key part in ensuring seamless operations for one of the world's largest investment banks. The MBS Team is responsible for settling all fails that do not settle Straight-Through Processing (STP) on the market, helping to maintain the integrity and efficiency of our trading activities in fixed income securities. As a Settlement Analyst, you will dive into the complexities of non-STP trade fails, investigating discrepancies and coordinating resolutions with internal teams and external counterparties. Your day-to-day will involve reconciling positions, processing manual settlements using JP Morgan's advanced proprietary systems, and monitoring key metrics to prevent future issues. This position demands a keen eye for detail and a proactive approach to risk management, as you ensure all activities comply with global regulatory standards and internal policies. Working in a collaborative environment, you will support traders and operations professionals, contributing to the overall success of our MBS portfolio. This role offers an excellent opportunity to grow within JP Morgan Chase, with exposure to international markets and cutting-edge financial technologies. In Argentina, you will benefit from a dynamic team culture and the chance to impact high-stakes transactions that influence global finance. If you are passionate about trade operations and ready to tackle challenging settlement scenarios, join us in driving excellence in the financial services industry.

Key Responsibilities

• Investigate and resolve settlement fails for MBS trades that do not settle via STP on the market
• Perform daily reconciliation of trade positions and ensure accurate settlement with counterparties
• Collaborate with trading, middle office, and compliance teams to mitigate settlement risks
• Monitor and report on settlement metrics, identifying trends and process improvements
• Utilize JP Morgan's proprietary systems to process manual settlements and updates
• Ensure compliance with internal policies and regulatory standards for trade lifecycle events
• Handle escalations for complex fails involving multiple parties or jurisdictions
• Contribute to team initiatives for enhancing operational efficiency in the MBS space
• Maintain accurate documentation and audit trails for all settlement activities
• Support ad-hoc projects related to trade operations and market data analysis

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 2 years of experience in financial services, particularly in trade settlement or operations
• Strong understanding of Mortgage-Backed Securities (MBS) and fixed income markets
• Proficiency in trade lifecycle processes, including settlement and reconciliation
• Excellent command of English; Spanish proficiency is a plus for the Argentina location
• Ability to work in a fast-paced, high-volume environment with attention to detail

Preferred Qualifications

• Experience with JP Morgan Chase systems or similar banking platforms
• Knowledge of regulatory requirements for securities settlement in international markets
• Certification in financial operations, such as CFA Level 1 or Operations Professional
• Prior exposure to non-STP (Straight-Through Processing) trade fails and resolution
• Familiarity with Bloomberg or other market data terminals

Required Skills

• Proficiency in Microsoft Excel and data analysis tools
• Knowledge of fixed income securities and MBS products
• Strong analytical and problem-solving abilities
• Attention to detail and accuracy in high-pressure settings
• Effective communication and interpersonal skills
• Time management and prioritization in a deadline-driven environment
• Understanding of trade settlement protocols (e.g., T+1, T+2)
• Familiarity with regulatory frameworks like Dodd-Frank or MiFID
• Team collaboration and cross-functional coordination
• Adaptability to changing market conditions
• Basic programming skills in SQL or VBA for reporting
• Risk identification and mitigation techniques
• Customer service orientation for internal stakeholder interactions
• Organizational skills for managing multiple tasks

Benefits

• Competitive base salary and performance-based bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• Global mobility opportunities within JP Morgan Chase
• Wellness programs, including gym memberships and mental health support

JP Morgan Chase is an equal opportunity employer.