Trade Lifecycle Vice President

Location: Newark, DE, United States

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 service. As a Trade Lifecycle Vice President in our Corporate & Investment Bank division, you will play a pivotal role in ensuring the seamless execution of foreign exchange payments. Based in our Newark, DE office, you will join a dynamic, fast-paced team dedicated to driving operational excellence, mitigating risks, and supporting the firm's position as a top player in global FX markets. This position offers an exciting opportunity to grow your career in a collaborative environment where your expertise in trade operations can directly impact our clients' success and the firm's profitability. In this role, you will oversee the entire trade lifecycle—from initiation and confirmation to settlement and reconciliation—for a high volume of FX transactions. You will implement robust quality controls to prevent errors, conduct risk assessments to safeguard against market volatilities, and lead initiatives to enhance process efficiency using cutting-edge technologies. Collaborating with traders, compliance officers, and technology teams, you will ensure all activities align with JP Morgan Chase's stringent standards and global regulations, contributing to the reliability of our payment infrastructure that processes billions in daily transactions. We value professionals who thrive in a challenging, innovative setting and are committed to fostering talent development. As part of JP Morgan Chase, you will have access to world-class resources, mentorship from industry leaders, and opportunities to advance within our expansive organization. If you are passionate about financial operations and ready to make a meaningful impact, join us in shaping the future of trade lifecycle management.

Key Responsibilities

• Oversee the end-to-end trade lifecycle for foreign exchange payments, ensuring accuracy, timeliness, and compliance with internal and external regulations
• Drive quality assurance processes to minimize errors in transaction processing and settlement
• Identify and mitigate operational risks associated with FX trades, including market, credit, and liquidity risks
• Collaborate with trading desks, operations teams, and compliance groups to streamline workflows and resolve discrepancies
• Implement and monitor key performance indicators (KPIs) for payment efficiency and error rates
• Lead process improvements and automation initiatives to enhance the speed and reliability of FX payment executions
• Provide mentorship and guidance to junior staff, fostering a culture of continuous improvement in a dynamic team environment
• Conduct regular audits and reporting on trade lifecycle activities to senior management and regulatory bodies
• Stay abreast of industry trends and regulatory changes impacting foreign exchange operations

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 7-10 years of experience in trade lifecycle management, foreign exchange operations, or payments processing within the financial services industry
• Proven track record in ensuring compliance with regulatory standards such as Dodd-Frank, EMIR, and MiFID II for FX transactions
• Strong understanding of foreign exchange markets, payment systems (e.g., SWIFT, CLS), and trade settlement processes
• Experience in risk mitigation and quality control for high-volume transaction environments
• Ability to manage cross-functional teams in a fast-paced, global banking setting

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications like CFA or FRM
• Prior experience at a major financial institution such as JP Morgan Chase or similar
• Knowledge of emerging technologies like blockchain or AI in trade finance
• International exposure, including work with multi-currency payments and global time zones

Required Skills

• Expertise in foreign exchange (FX) trading and payment systems
• Proficiency in trade lifecycle management tools and software (e.g., Murex, Calypso)
• Strong analytical and problem-solving abilities for risk assessment
• Knowledge of regulatory compliance in financial services
• Excellent communication and stakeholder management skills
• Leadership and team-building capabilities
• Attention to detail and accuracy in high-pressure environments
• Project management skills for process optimization
• Familiarity with SWIFT messaging and ISO 20022 standards
• Data analysis proficiency using tools like Excel, SQL, or Python
• Adaptability to fast-paced, dynamic market conditions
• Risk management and mitigation expertise
• Cross-functional collaboration skills
• Technical aptitude for automation and fintech innovations

Benefits

• Competitive base salary and performance-based annual bonuses
• 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, such as tuition reimbursement and access to internal training programs
• Employee stock purchase plan and other financial wellness benefits
• On-site fitness centers and wellness programs at JP Morgan Chase locations
• Flexible work arrangements, including hybrid options where applicable

JP Morgan Chase is an equal opportunity employer.