Principle Collateral Operations - Regulatory IM OnBoarding Team

Location:Dorset
Job Type:Full Time

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.

Derivatives Operations provide operational support to Markets, Investor Services and Banking businesses across the CIB. Key product areas include Currencies, OTC Derivatives and Collateral Principal, Clearing, and Trading Cost Management with a global team of ~1400 colleagues. Services provided to our Businesses include

  • Transaction Processing, Confirmation, Settlement and Clearing, Collateral Management, Client Service, Trade Cost Management


Typical daily activity includes settling in excess of $2TRN via FX trades, leading a Markets OTC portfolio of 3M trades, managing collateral balances in excess of $350BN and processing ~700K cleared and intermediary trade


Collateral Principal Operations supports:

  • Collateral Management credit risk mitigation, client financing and fee based activity
  • Collateral Services supports a wide range of products: Derivatives, Forex, TBA, OTC Cleared, Prime Brokerage, Repos and Loans

  • Daily we generate and distribute margin calls; agree call amounts and collateral types; track and report call disputes, reconcile trading portfolios, monitor settlements and provide extensive regulatory reporting

  • On average we issue and settle ~4,000 collateral calls per day

  • Collateral balances held by JPM and pledged to the client range between $200Bn & $300Bn notional


Job Description

Your mission is to globally ensure the on boarding and collateral readiness for JPM legal entities, trading counterparties, clients and third party providers to ensure that we deliver appropriately on the objectives of regulatory compliance, controls, process efficiency and client service.

You will apply your understanding of regulations, coupled with your knowledge of systems and processes, to manage clients though the onboarding process to meet the needs of our clients, business partners and regulators.

You excel at building effective relationships in order to collaborate with various stakeholders across the firm; the Business, Credit, Legal, Risk and Operations. Leveraging these relationships to meet the firm’s obligation for regulatory compliance.

Summary of Responsibilities

  • Relationship management and collaboration across the internal stakeholders at J.P. Morgan; third party custodians and vendors/service providers.
  • Support clients through regulatory change; providing guidance where needed to ensure a positive client experience through the implementation process.
  • Working with internal and external stakeholders to agree key client terms as well as create and draft client documentation
  • Data management in support of client
  • Oversight of the E2E onboarding process for the client and the firm to meet regulatory obligations
  • Forecast and report key on-boarding metrics, tracking actual progress toward implementation.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Relationship management and collaboration across the internal stakeholders at J.P. Morgan; third party custodians and vendors/service providers.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • Support clients through regulatory change; providing guidance where needed to ensure a positive client experience through the implementation process.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • Working with internal and external stakeholders to agree key client terms as well as create and draft client documentation

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • Data management in support of client

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Oversight of the E2E onboarding process for the client and the firm to meet regulatory obligations

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Forecast and report key on-boarding metrics, tracking actual progress toward implementation.


  • Experience in an operational environment with a consistent track record in reaching and exceeding goals.
  • Experience in a Client Facing roles and/or Collateral product knowledge is preferred.
  • Flexibility in terms of varied tasks that can change priority at short notice.
  • Strong partnership record and ability to build effective relationships across the Business, Credit, Legal, Operations and Technology.
  • Process oriented with strong attention to detail
  • Experience and track record of delivering to deadliness
  • Inquisitive and not afraid to question how things are done.
  • Excellent written and oral communication
  • Strong team player


“JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer and a member of the UK Government’s Disability Confident Scheme.”