|Job Type:||Full Time|
Global Cash Position Management is the operational process needed to support Treasury in their obligation to fund the Bank’s cash positions.
Cash Position Management provides this service across 47 Legal Entities globally and 63 Currencies with a daily cash value of over $2 trillion.
The team is responsible for JPMorgan’s cash flows through the Global Operating Model.
The department manages essential high value, high risk day to day responsibilities.
It is also relied upon to provide advice on liquidity implications of product and market changes
Clearing Team monitors JP Morgan’s GBP liquidity at the Bank of England for both High Value GBP payments (CHAPS) and Security Settlement (CREST). Information from lines of business will be provided in a number of formats, systems, spreadsheets and phone calls and must be collated accurately. There is a high dependency from Corporate Treasury to receive accurate and up to date information. As a member of the Clearing Team the key priority is to use systems such as Enquiry Link and Crest GUI to interrogate the Bank’s liquidity position and ensure seamless settlement of high value payments.
Handle large value transactions to the strictest of deadlines.
Identify and challenge discrepancies and anomalies to mitigate risk.
Continually strive to improve knowledge of processes and procedures.
Always audit ready
Be team players, able to work a rotating shift pattern (coverage from 5:30am to 6.30pm) and occasional Saturdays & UK Bank Holidays (overtime or day in lieu given)
Escalate issues where appropriate, keeping team manager and key partners updated
Provide oversight of team throughout the day , overcoming challenges and managing liquidity
Represent the team on production incidents, taking the lead in resolution
Provide and present team metrics to management
Applicants should be/have
- Able to take the lead on investigation and have a pro-active approach
- Self-motivated, highly numerate and accurate, a leader with good interpersonal, problem solving and analytical skills
- The ability to meet tight deadlines and handle high value payments is essential.
- Good awareness of risk and control issues.
- Good communication skills