Trading Lifecycle Associate II

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 rich history of innovation and client focus. As a Trading Lifecycle Associate II in our Trade Lifecycle team based in Newark, DE, you will play a pivotal role in ensuring the seamless execution of foreign exchange (FX) payments. This position involves driving quality assurance, mitigating operational risks, and contributing to a high-performing team in a fast-paced environment. You will support the end-to-end lifecycle of FX trades, from validation to settlement, helping to deliver reliable services to our institutional clients and internal trading partners. This role offers an excellent opportunity to grow your career within one of the world's most respected financial institutions, with exposure to cutting-edge technology and global markets. Your primary focus will be on processing and reviewing FX payment instructions to maintain accuracy and compliance with international standards. You will collaborate closely with traders, operations specialists, and compliance teams to identify and resolve issues that could impact trade settlement. By leveraging JP Morgan's advanced payment systems, you will monitor transaction flows, perform risk assessments, and implement controls to prevent errors or delays. This hands-on role requires a keen eye for detail and the ability to thrive under pressure, as you contribute to minimizing financial risks in a high-volume FX environment. In addition to core operational duties, you will participate in process optimization projects, such as automating reconciliation workflows or enhancing reporting capabilities. This position provides avenues for professional development through JP Morgan's robust training programs, mentorship opportunities, and potential advancement into senior lifecycle or risk management roles. Join our dynamic team in Newark, DE, and be part of a culture that values integrity, innovation, and excellence in financial services.

Key Responsibilities

• Process and validate foreign exchange payments to ensure accuracy, timeliness, and compliance with internal and regulatory standards
• Monitor and mitigate risks associated with FX trade lifecycles, including settlement discrepancies and operational errors
• Collaborate with trading desks, operations teams, and external counterparties to resolve payment issues and optimize workflows
• Perform quality assurance reviews on payment instructions, identifying and escalating potential risks or anomalies
• Utilize JP Morgan's proprietary systems to track trade executions from initiation to settlement
• Contribute to process improvements and automation initiatives to enhance efficiency in the FX payments team
• Generate reports on payment volumes, error rates, and risk metrics for senior management
• Ensure adherence to global payment regulations and support audit requirements
• Support team training and knowledge sharing on best practices in trade lifecycle management
• Assist in ad-hoc projects related to FX product enhancements or system integrations

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 2 years of experience in trade lifecycle management, foreign exchange operations, or payments processing within the financial services industry
• Strong understanding of foreign exchange markets, payment systems, and regulatory requirements such as SWIFT and ISO 20022
• Proficiency in risk mitigation practices and quality control processes in high-volume transaction environments
• Ability to work in a fast-paced, dynamic team setting with a focus on accuracy and efficiency
• Excellent attention to detail and problem-solving skills to handle complex payment scenarios
• U.S. work authorization without sponsorship required

Preferred Qualifications

• Experience with JP Morgan Chase's internal trading systems or similar platforms like Calypso or Murex
• Knowledge of anti-money laundering (AML) and know-your-customer (KYC) compliance in FX payments
• Prior exposure to cross-border payment reconciliation and settlement processes
• Certification in financial operations, such as Certified Treasury Professional (CTP) or equivalent
• Familiarity with data analytics tools for transaction monitoring and reporting

Required Skills

• Proficiency in Microsoft Excel and data analysis tools for transaction reconciliation
• Knowledge of SQL for querying payment databases
• Understanding of FX trading platforms and payment protocols like SWIFT
• Strong analytical skills for risk assessment and error detection
• Excellent communication skills for cross-functional collaboration
• Attention to detail in high-stakes financial environments
• Time management and prioritization in fast-paced settings
• Problem-solving abilities to resolve complex payment discrepancies
• Regulatory compliance knowledge in financial services
• Teamwork and adaptability in dynamic team structures
• Basic programming skills in Python or VBA for automation
• Report generation using tools like Tableau or Power BI
• Customer service orientation for stakeholder interactions
• Stress management in deadline-driven operations
• Ethical decision-making aligned with JP Morgan's code of conduct

Benefits

• Comprehensive medical, dental, and vision insurance plans with employer contributions
• 401(k) retirement savings plan with up to 6% company matching
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development programs, including tuition reimbursement and access to internal training at JP Morgan's learning centers
• Employee stock purchase plan and performance-based bonuses
• Wellness programs with gym memberships, mental health support, and onsite fitness facilities in Newark, DE
• Flexible work arrangements, including hybrid options for eligible roles
• Community involvement opportunities through JP Morgan's volunteer programs and charitable matching

JP Morgan Chase is an equal opportunity employer.