Margin and Collateral Operations Analyst

Margin & Collateral Analyst

Collateral Operations Team Leader role supporting OTC derivatives portfolio reconciliation, collateral dispute management, and regulatory compliance across global stakeholders.

As a Analyst within Collateral Operations, you lead portfolio reconciliation, regulatory adherence across applicable regimes, and cross-LOB metrics and strategic projects. You build and reinforce a culture of continuous improvement to support Back Office, Middle Office, and global teams. You partner with Operations and Technology stakeholders to deliver day-to-day business support and drive process enhancements.

Job Responsibilities

• Lead portfolio reconciliation activities and manage collateral disputes end-to-end.
• Investigate MTM breaks, including root-cause analysis tied to data quality and strategic initiatives.
• Proactively deep dive into upstream issues and drive fixes to minimize recurring breaks.
• Resolve breaks by partnering with Middle Office, Credit Risk, VCG, and other stakeholders.
• Ensure adherence to regulatory requirements, including CFTC, EMIR, and NCMR obligations.
• Execute UAT testing to validate enhancements, fixes, and process changes.
• Drive strategic automation initiatives to improve efficiency, controls, and scalability.

Required qualifications, skills, and capabilities

• Graduate or Post-Graduate with 4+ years of operations experience
• Familiarity with Capital Markets and OTC Derivatives, including products, processes, and systems
• Strong hands-on execution mindset with ability to drive results
• Excellent verbal and written communication skills across business and technical audiences

Preferred qualifications, skills, and capabilities

• Knowledge of CFTC, EMIR, and NCMR regulations
• Experience with OTC confirmations processes
• Experience with collateral management processes and controls
• Experience using reconciliation platforms supporting OTC derivatives operations

JPMorganChase, 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. 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.

Experience Level

Mid Level