Settlements Senior Associate

JPMorgan Chase · Buenos Aires

In Buenos Aires the Payables and Receivables Associate is responsible for:

Manage a team of 6 including escalations
Reconciliation of transaction between bank accounts and brokerage accounts
Pay/Receive charges due to factor/coupon updates / and To Be Announced products
Balance Street-side accounts
Daily review of cash reconciliation– Responsible for reviewing cash breaks on a daily basis
Reconciliation on wires and books.
Approve checklist and other risk tasks

Required skills:

Manage escalation – Work under pressure
Advanced written and oral English skills (used on daily basis with US Management and US counterparties)
Proficient in Microsoft tools
Problem-solving skills, facilitate the understanding of the problem and possible solutions.
Client/customer focus: Be able to assist internal clients and prioritize queries
Team player and able to quickly adapt to different scenarios
Attention to details
Ability to effectively prioritize workloads and work to critical deadlines while maintaining accuracy and quality

If you join the company, you will be part of a diverse and inclusive team that supports each other and will empower you to do your best work.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

Payables and Receivables Team is responsible for collecting/paying funds on the post settlements period once Bloomberg updates the Coupon/Factor and becomes final. The difference between the actual settlement amount of the trade in question and the amount that Bloomberg states needs to be wired/SPO vs the counterparty. Additionally, there is the MBS process which it principal goal Is to collect/Pay regarding TBA (To be Announced) – MBS (Mortgages Backed Securities).

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