Job Description

:J.P. Morgan is a global leader in financial services, offering solutions to the world\'s most important corporations, governments and institutions in more than 100 countries.Derivative Operations provides operational support across the CIB covering eight key product areas including FX, OTC Derivatives, Collateral Principal, 3rd Party Derivatives, Cleared Derivatives, Agency Collateral, Billing and CASS with ~1,900 employees. Services provided to our Businesses include:

• Transaction Processing, Confirmation, Settlement and Clearing, Collateral Management, Client Service, Invoicing and CASS Support
• Typical daily activity includes settling in excess of $217B via FX trading, leading a Markets OTC portfolio of 2.5M trades, servicing

200 3rd party clients, performing 10,000 margin calls, processing 470k cleared and intermediated trades and producing
9,000 invoicesOTC Derivatives Operations supports a global and diverse client base. Primary functions performed: affirmation, settlement, client money daily segregation, credit event management, client valuations, regulatory reporting, and tax reporting. Facilitate transaction execution via a \'best in class\' systematic control framework, providing integration between risk systems (Athena, GPS, Kapital, Pyramid) and vendor platforms (DTCC / TIW / Markitwire / Thunderhead).

• Manage a portfolio of 2.5M live trades
• Monthly settlement of 600,000 payments (100% increase vs. 300,000 in 2010)
• 70,000 Dodd Frank MTM and client valuation statements issued on a daily basis

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.Location DescriptionMumbai - Mumbai is one of our largest locations outside of the United States. Finance is a passion here, and we\'ve been respected in the city since 1922. Mumbai is one of India\'s most attractive cities with beautiful parks, avenues and impressive buildings.Parts of the city are amongst the most modern and westernized areas of India. We have seven sites in Mumbai, and each one offers private canteens, large break rooms and state-of-the-art facilities. Our teams here are business drivers. You can join them as you learn and grow. Join us, and you too can be part of it.OTC Derivative Settlement, part of the Derivatives Processing Center requires operations leadership/expertise managing matrix reporting relationship. The incumbent should have strong relationship skills to manage relationships with Clients, JPM Middle Offices and Front Offices.Summary of Responsibilities

• Consistently meet KPI/ deadlines & communicates work status to appropriate parties and able to implement small projects given clear goals and direction
• Communicates effectively & professionally, responsive to queries and requests and able to escalate when needed.
• Listens effectively to client needs, asks the right questions & is sensitive to what is key/a priority for clients.
• Settling payments for counterparties and where appropriate, takes action on own, without waiting for direction from others. Persists and continues to strive for a goal despite obstacles and setbacks
• Actively participates in firm-wide strategic initiatives identify process improvements and efficiency opportunities in the daily workflow verbally confirming details of Derivative Trade products.
• Knowledge of the technical infrastructure that supports the business & effectively utilizes infrastructure for daily tasks.
• Capitalizes on opportunities to develop relationships with others outside their business/function.

Skills and Qualifications

• Bachelor\'s Degree with 4 to 6 years
• Good Knowledge on Microsoft Excel esp Pivot, macros, vlookup., writing basic macros would be an advantage
• Experience/working knowledge of Derivative products. Intermediate to in-depth understanding of products and financial concepts in immediate business area. High-level understanding of how products supported fit in at firm
• The candidate must be a motivated individual with a strong Partnership abilities
• ISDA knowledge and Derivatives Product knowledge and experience is preferable
• The individual must be able to: handle a high level of complexity in their product coverage, be able to shift gears with relative ease, be flexible enough in shifting workload in accordance with changing priorities and be comfortable dealing with a stressful and fast paced Trading environment.
• Should be willing to do all shifts

Same Posting Description for Internal and External CandidatesAbout Us:JPMorgan Chase & Co., 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 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 for more information about requesting an accommodation.About the Team:The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world\'s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.Operations teams develop and manage innovative, secure service solutions to meet clients\' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

JPMorgan Chase