Saudi Nationals Only – CIB – Transactions Analyst – Riyadh

CIB Operations DepartmentTransaction Processing SpecialistJPMorgan Chase Bank, N.A. Riyadh BranchCIB Back Office & Payment Unit – DescriptionThe Back Office and Payments unit supports activity for the Treasury and Banking businesses through a number of key areas.Essential Functions & Responsibilities Confirming all trades booked by traders are in accordance with local/JPM requirements. Investigate and resolving deal breaks Working closely with Middle office/Front office to ensure smooth Trade flow cycle Processing Islamic Murabaha settlement MIS reporting for volumes/breaks & deal related metrics Working closely with product on new business initiatives & internal branches within JPM Chase Ensure compliance of the operational environment with Global Corporate Bank principles, corporate policies and local regulations Participate actively into the testing phase of target processes and systems Design mapping processes, write Standard Operating Procedures and implement Service Level Agreements Partnering with regional Product, Risk, Audit, Technology, Project, Finance, GFM, Credit, Trade, Legal, Compliance, Operations & Network ManagementPayments Execute local currency payments/ receivables through SARIE Execute foreign currency payments/ receivables through SWIFT platform Perform FX transactions Process Core cash products including SADAD payments Monitor payments/receivables queues Control End of Day workflow versus cut off time Post ledger manual entriesSettlement of MM/FX Authorization of swift messages for JP Morgan Chase customers (Banks) prior to currency cut-off Monitoring settlements for Riyadh Branch and ensuring clearance Working with Traders, Middle Office (MO) & Client Service Officers for timely resolution of issuesConfirmations Working with traders, MO, Client Service Officers to handle swift confirmations (MT300) Escalate appropriately and liaise with MO to get a timely resolution Liaise with clients/Brokers to confirm trades or sorting discrepancies Match broker trades / Manage Economic affirmation, chase matching and queries Publish weekly metrics on outstanding, repair & failed trades / Increase STPQualificationsTechnical Skills An understanding / awareness of investment bank products including Repo/Rev Repo, Fixed Income, Money Market & FX Good knowledge of operational controls Beneficial to have experience around funds transfer investigations and reconciliation of Nostro accounts Preferred knowledge of SWIFT message framework Preferred knowledge on Islamic Banking productsTeamwork / Leadership Ability to perform in a fast paced environment and handle multiple tasks through effective prioritization Strong analytical and problem solving skills, ability to make independent decisions Excellent written and oral communication skills Fluent in English & ArabicJ.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. 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