Job Description

JPMorganChase is seeking a Margin and Collateral Analyst to join our Collateral Services team. In this role, you will help mitigate counterparty risk by monitoring, calling, and agreeing collateral with buy-side clients and partnering closely with internal stakeholders. You will operate in a controlled environment where sound judgment, independent decision-making, and strong risk discipline are essential.

Key responsibilities

• Interact with clients to generate collateral statements and issue margin calls under both standard and non-standard agreements.
• Respond to inbound collateral calls from clients and reconcile differences by comparing client calculations to JPMorganChase exposure.
• Agree the amount and type of collateral to be moved (cash or securities) and follow up on counterparty settlement fails.
• Provide timely resolution for incoming queries related to client portfolios, reconciliations, and dispute management, including escalation of credit-sensitive or high-risk issues as appropriate.
• Ensure accuracy when processing and approving daily business-as-usual (BAU) activity, with strong attention to controls and procedures.
• Agree and process coupon/interest-related items on securities held as collateral, and complete month-end tasks including interest agreement on cash collateral held/delivered.
• Participate in projects and testing to enhance and develop the operating infrastructure to meet business needs (occasional weekend testing support may be required).
• Maintain current knowledge of operational controls and requirements to support firmwide compliance.
• Build strong working relationships with key stakeholder groups and global partners; influence and support change requirements.
• Identify opportunities to improve process quality, control effectiveness, and productivity.

Required qualifications, capabilities, and skills

• External client service experience, or comparable experience supporting senior internal stakeholders, with demonstrated client communication skills and a proven ability to build effective working relationships.
• High level of accuracy and attention to detail; ability to work with minimal supervision in a methodical, organized manner and to follow established procedures.
• Strong numerical skills and proficiency in core applications (Outlook, Excel, and Word).
• Team-oriented and adaptable, with flexibility during peak periods (e.g., month-end) and a flexible approach to working hours when business needs require.
• Working knowledge of Over-the-Counter (OTC) derivatives collateral management and familiarity with supporting legal documentation such as the International Swaps and Derivatives Association (ISDA) documentation and the Global Master Repurchase Agreement (GMRA).

About Us

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.

About the Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.