Trading Services Manager III

Location: Jersey City, NJ, United States

Job Family: Trading Services

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client-focused solutions. The Trading Services Manager III role within CIB Operations - Prime Brokerage Cash & Controls is pivotal in supporting our institutional clients by ensuring seamless and secure trading operations. Based in Jersey City, NJ, this position offers the opportunity to lead a dynamic team in managing cash flows, implementing robust controls, and driving operational excellence in one of the world's largest prime brokerage platforms. You will contribute to JP Morgan Chase's commitment to risk management and regulatory adherence, playing a key role in maintaining the integrity of our trading services amid complex, high-volume transactions. In this managerial role, you will oversee end-to-end cash reconciliation, settlement processes, and control mechanisms essential to prime brokerage activities. Responsibilities include leading a team of operations professionals, collaborating with trading desks and compliance teams, and leveraging data analytics to identify and mitigate risks. At JP Morgan Chase, we value proactive leadership that enhances efficiency through technology and process innovation, ensuring our operations align with stringent standards like those set by the SEC and FINRA. This position demands a deep understanding of financial markets, where you will analyze trade data, monitor KPIs, and spearhead initiatives to automate workflows, ultimately supporting our clients' success in capital markets. Joining JP Morgan Chase means becoming part of a collaborative culture that prioritizes professional growth and work-life balance. As a Trading Services Manager III, you will have access to world-class resources, mentorship from industry leaders, and opportunities to advance within our global organization. We seek individuals who thrive in a fast-paced environment, bringing strategic insight and a passion for operational excellence to help shape the future of prime brokerage services.

Key Responsibilities

• Oversee daily cash reconciliation and settlement processes for prime brokerage clients at JP Morgan Chase
• Manage a team responsible for controls, risk assessment, and mitigation in trading services operations
• Ensure compliance with internal policies and external regulations in CIB Operations
• Collaborate with front-office trading teams to optimize operational efficiency and reduce settlement risks
• Develop and implement enhanced control frameworks to support high-volume trade processing
• Monitor key performance indicators (KPIs) for cash management and report on operational metrics to senior leadership
• Lead initiatives for process automation and technology integration in prime brokerage workflows
• Conduct regular audits and reviews to identify and address potential operational vulnerabilities
• Foster relationships with key stakeholders, including clients, regulators, and internal audit teams
• Drive continuous improvement projects to enhance the reliability and scalability of trading services

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field
• Minimum of 7-10 years of experience in financial services operations, with a focus on prime brokerage or trading services
• Proven track record in managing cash operations and controls within a high-volume trading environment
• Strong understanding of regulatory requirements such as SEC, FINRA, and Dodd-Frank applicable to prime brokerage
• Experience leading cross-functional teams in a fast-paced financial institution
• Proficiency in risk management and compliance frameworks specific to capital markets
• Ability to analyze complex financial data and implement process improvements

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications (e.g., CFA, FRM)
• Prior experience at a major investment bank like JP Morgan Chase in CIB Operations
• Knowledge of collateral management and margining in prime brokerage services
• Familiarity with technology platforms used in trading services, such as Murex or Calypso
• Demonstrated leadership in audit and control enhancements for trading operations

Required Skills

• Expertise in prime brokerage operations and cash management
• Strong regulatory compliance knowledge in financial services
• Proficiency in financial reconciliation and settlement systems
• Leadership and team management abilities
• Analytical skills for risk assessment and data interpretation
• Project management for operational improvements
• Communication skills for stakeholder engagement
• Technical proficiency in Excel, SQL, and trading platforms
• Problem-solving in high-pressure environments
• Attention to detail in controls and auditing
• Adaptability to evolving market regulations
• Knowledge of capital markets and derivatives
• Strategic thinking for process optimization
• Interpersonal skills for cross-functional collaboration
• Familiarity with automation tools in finance operations

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 programs and tuition reimbursement for advanced education
• Employee stock purchase plan and access to financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase locations
• Flexible work arrangements, including hybrid options in Jersey City, NJ

JP Morgan Chase is an equal opportunity employer.