Trade Support - Senior Associate

Location: BOURNEMOUTH, DORSET, United Kingdom

Job Family: Trading Services

About the Role

Join JP Morgan Chase's dynamic FX Middle Office team in Bournemouth as a Trade Support Senior Associate, where you'll play a pivotal role in supporting our global trading operations within the Trading Services category. This position offers an exciting opportunity to contribute to one of the world's leading investment banks, handling high-volume FX trades while ensuring seamless middle office processes. As a Senior Associate, you will work closely with traders and operations teams to validate trades, manage reconciliations, and mitigate risks in a fast-paced environment focused on foreign exchange products such as spots, forwards, and derivatives. Your contributions will directly impact the efficiency and accuracy of our FX business, aligning with JP Morgan's commitment to innovation and client service excellence in the financial services industry. In this role, you will be responsible for end-to-end trade support activities, including booking trades in core systems, resolving discrepancies, and generating essential reports for risk and P&L analysis. You'll collaborate across front, middle, and back office functions to address issues promptly, ensuring compliance with regulatory standards like MiFID II and EMIR. Opportunities for process optimization and automation will allow you to leverage your expertise to drive efficiencies, supporting JP Morgan's broader goals of operational resilience and technological advancement. This Bournemouth-based role provides exposure to international markets and diverse FX strategies, fostering professional growth in a supportive team setting. JP Morgan Chase values a culture of inclusion and continuous learning, offering robust development programs to help you advance your career. If you have a solid background in financial services and a passion for FX operations, this position is ideal for making a meaningful impact. Apply to become part of our Bournemouth team and contribute to the success of a premier global financial institution.

Key Responsibilities

• Provide daily support to the FX trading desk by validating, booking, and confirming trades in a timely manner
• Perform trade reconciliations between front office systems and middle office records to ensure accuracy and identify discrepancies
• Monitor and resolve trade breaks, static data issues, and settlement queries in collaboration with operations teams
• Assist in the production of risk and P&L reports for FX portfolios, ensuring data integrity and compliance
• Liaise with internal stakeholders including traders, sales, and compliance to support efficient trade execution
• Contribute to process improvements and automation initiatives to enhance middle office efficiency
• Ensure adherence to regulatory requirements and internal controls for FX activities
• Support month-end and quarter-end close processes, including valuation and reporting
• Handle ad-hoc queries and escalations from clients or external counterparties related to FX trades

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• Minimum of 3-5 years of experience in trade support, middle office operations, or FX trading within the financial services industry
• Strong understanding of foreign exchange (FX) products, including spot, forwards, options, and swaps
• Proficiency in trade lifecycle management, reconciliation, and regulatory reporting requirements
• Experience with financial systems such as Bloomberg, Reuters, or Murex
• Knowledge of risk management principles and compliance standards in a banking environment
• Relevant certifications such as CFA Level 1 or FRM (Financial Risk Manager)

Preferred Qualifications

• Advanced degree (Master's) in Finance or related discipline
• Prior experience working in a global investment bank like JP Morgan Chase
• Familiarity with UK/EU regulatory frameworks such as MiFID II and EMIR
• Hands-on experience with automation tools for trade processing and data analysis

Required Skills

• Proficiency in FX market dynamics and product knowledge
• Strong analytical and problem-solving abilities
• Attention to detail for accurate trade processing
• Excellent communication and interpersonal skills for stakeholder collaboration
• Technical expertise in Excel, VBA, and SQL for data manipulation
• Knowledge of trade support systems like Calypso or Summit
• Risk assessment and mitigation skills
• Time management in a fast-paced trading environment
• Regulatory compliance awareness in financial services
• Team-oriented mindset with ability to work under pressure
• Data reconciliation and error resolution techniques
• Basic understanding of Python or scripting for automation
• Customer service orientation for query resolution
• Adaptability to evolving market conditions

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health and wellness benefits, including medical, dental, and vision coverage
• Generous 401(k) matching or UK pension scheme contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee stock purchase plan and other financial wellness perks
• Flexible working arrangements, including hybrid options in Bournemouth
• Access to global mobility programs and career advancement within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.