Trade Lifecycle Specialist IV

Company: JPMorgan Chase Bank, N.A.
Location: Newark
Posted on: June 15, 2022

Job Description:

DTC Custody Settlements Objective TITAN - Domestic Market Settlements US direct custody engine; trade processing, confirm and settlement processing, supporting the US market depositories (DTC and The NSCC) Responsibilities

• Delivery and receive processing for all US depository supported securities.
• Electronic receive and reclaim referrals to the user population. Manual review where custody a/c is not available.
• Electronic holdover of unclaimed trades with report publication to users.
• End of day net settlement
• Repo Adjustments
• Reclaim period settlement
• Pair offs
• Reclaim adjustments
• Lending, supporting discretionary, directed and third party.
• New loans, return of loans and marks
• Processing to enable the Institutional Delivery (ID) interfaces with the DTC. Direct Affirm, Auto Affirm and Hybrid Affirm. Also performs subsequent settlement for ID related trades. Systems Used
  • MITS
  • DTCC PBS / SW
  • TITAN
  • OTM Control & Oversight
    • Preparer & Reviewer Checklists
    • Near Miss Management Program (NMMP) reporting
    • Daily Health Check reports and regular Senior management review of reported DHCs
    • Weekly/Monthly review and reporting of KPI metrics to Senior Management
      • Written Supervisory Procedure (WSP) Monthly Review
      • Quarterly Business Resiliency Site Failover tests
      • Automated system (Phoenix) to monitor risk/control plans
      • Daily Cash and Asset reconciliation review and sign-off Strategic Initiatives
        • Manage DTC, NSCC and vendor fee payments
        • Support Industry changes vs. systemic enhancements as required.
        • Settlements Finality 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs. The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.Equal Opportunity Employer/Disability/Veterans

Keywords: JPMorgan Chase Bank, N.A., Newark , Trade Lifecycle Specialist IV, Other , Newark, Delaware