JPMorgan Chase
Margin&Collateral Manager Vice President
JPMorgan Chase, Chicago, Illinois, United States, 60290
Come join a winning team! We have an exciting opportunity to help expand your knowledge, skills, and abilities in the margining space.
As a Vice President within the Futures and Derivatives Clearing Client Margins team, you will provide strategic and operational oversight for a team that serves as the daily contact for clients regarding their margin obligations. You will champion payment controls, ensure adherence to regulatory and internal standards, and drive continuous improvement in team processes. Collaboration with internal partners is key to enhancing the client experience and supporting operational transformation. This position requires a strong ownership mindset, the ability to critically assess and resolve issues, and a commitment to developing team capabilities in line with business priorities and Firm-wide objectives. Product knowledge and a keen focus on payment controls are essential for success in this role.
Job Responsibilities
Lead and oversee a team serving as the primary escalation point for clients settling margin requirements
Champion payment controls, ensuring rigorous oversight and continuous process improvement
Ensure all margin requirements are met in accordance with margin regulations, client priorities, and internal risk policies
Resolve complex issues related to SWIFT formatting, cash and securities settlement instructions (SSIs), and securities settlements across global markets
Build and leverage relationships across Sales/RM, Compliance, Technology, and Operations to drive solutions
Analyze client behavior, margin balances, and exceptions to identify opportunities for improvement
Implement solutions to enhance client experience, drive capacity gains, efficiency, and strengthen controls
Lead and participate in cross-functional initiatives (Regulatory, Strategic/Platform, Exchange/Product onboarding, client experience) to improve service offerings
Monitor industry developments in cleared derivatives and communicate relevant insights to management and the team
Promote a culture of continuous learning and product expertise within the team
Required qualifications, capabilities and skills
Deep understanding of Derivatives Clearing business and the end-to-end lifecycle of Futures and Cleared OTC Swaps products
Proven experience in team oversight, with a focus on developing talent and fostering a culture of accountability
Strong communication skills and ability to build relationships with external clients and internal stakeholders, including Sales, Controls, Technology, and Operations
Demonstrated control mindset to identify process gaps, prioritize, and mitigate operational risk, especially in payment controls
Excellent problem-solving skills and ability to address operational and technical issues with sound judgment
Ability to prioritize, drive results, and influence team members in a cross-functional, diverse environment
Strong organizational skills and attention to detail with ability to multi-task and deliver against tight deadlines
Commitment to self-development and continuous learning
Ability to synthesize complex information for various audiences
Series 99 or ability to obtain
Preferred qualifications, capabilities and skills
Working knowledge or strong desire to learn data visualizations and analytics tools (Tableau, Alteryx, LLM, etc.) JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans Base Pay/Salary
Chicago,IL $95,500.00 - $153,000.00 / year
#J-18808-Ljbffr
Lead and oversee a team serving as the primary escalation point for clients settling margin requirements
Champion payment controls, ensuring rigorous oversight and continuous process improvement
Ensure all margin requirements are met in accordance with margin regulations, client priorities, and internal risk policies
Resolve complex issues related to SWIFT formatting, cash and securities settlement instructions (SSIs), and securities settlements across global markets
Build and leverage relationships across Sales/RM, Compliance, Technology, and Operations to drive solutions
Analyze client behavior, margin balances, and exceptions to identify opportunities for improvement
Implement solutions to enhance client experience, drive capacity gains, efficiency, and strengthen controls
Lead and participate in cross-functional initiatives (Regulatory, Strategic/Platform, Exchange/Product onboarding, client experience) to improve service offerings
Monitor industry developments in cleared derivatives and communicate relevant insights to management and the team
Promote a culture of continuous learning and product expertise within the team
Required qualifications, capabilities and skills
Deep understanding of Derivatives Clearing business and the end-to-end lifecycle of Futures and Cleared OTC Swaps products
Proven experience in team oversight, with a focus on developing talent and fostering a culture of accountability
Strong communication skills and ability to build relationships with external clients and internal stakeholders, including Sales, Controls, Technology, and Operations
Demonstrated control mindset to identify process gaps, prioritize, and mitigate operational risk, especially in payment controls
Excellent problem-solving skills and ability to address operational and technical issues with sound judgment
Ability to prioritize, drive results, and influence team members in a cross-functional, diverse environment
Strong organizational skills and attention to detail with ability to multi-task and deliver against tight deadlines
Commitment to self-development and continuous learning
Ability to synthesize complex information for various audiences
Series 99 or ability to obtain
Preferred qualifications, capabilities and skills
Working knowledge or strong desire to learn data visualizations and analytics tools (Tableau, Alteryx, LLM, etc.) JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans Base Pay/Salary
Chicago,IL $95,500.00 - $153,000.00 / year
#J-18808-Ljbffr