Saudi Nationals Only - CIB - Middle Office Analyst - Riyadh

Job Description

J.P. Morgan has been conducting business in Saudi Arabia for several decades and is the only US-based Global Banking Institution to have a full, stand-alone commercial banking license in the Kingdom.J.P. Morgan is a leading global financial services firm with assets of $2.0 trillion and operations in more than 100 countries. The firm provides a broad range of financial services customised to meet the needs of their clients, utilising one of the most comprehensive global product platforms available. The firm has demonstrated its leadership in the market throughout economic instability, taking a long-term approach to client solutions. The firms actions have always reflected a commitment to do the right for today and tomorrow. Information about the firm is available at www.jpmorganchase.comJ.P. Morgan provides to its clients a full range of commercial banking services. These services are provided to Banks, Non-bank Financial Institutions and Corporations. These services range from traditional corporate bank lending, capital markets sales to treasury and cash management services. These commercial banking services are delivered through the Investment Bank, Global Corporate Bank and Treasury & Securities Services businesses of J.P. Morgan.In recent years J.P. Morgan has been expanding the geographic coverage of our commercial banking capabilities. This expansion reflects the increasingly global nature of our clients and the need to service those clients cross-border needs. The execution of full service commercial banking capabilities in Saudi Arabia is a central part of this international expansion plan.Team DescriptionThe Operations team includes the Back Office, Middle Office, Core Cash, Trade Operations, as well as Loan Operations teams. The team is fully operational in the Kingdom with all the relevant functions delivering the products and services, in compliance with the local regulations. The teams report to the Head of Operations.The Operations Analyst candidate will be part of the Saudi Operations team. The scope of the responsibilities cover several lines of businesses and could be across branches. The role offers a successful candidate with an opportunity to work in a growing and high profile function within JPMorgan.Key ResponsibilitiesConfirm all trades booked by traders are in accordance with local/JPM requirements.Reconcile, investigate and resolve transaction/deal breaksWork closely with stakeholders to ensure smooth trade flow cycleProcess Islamic Murabaha transactionsVerify and ensure the full processing of trader deals in all systemsHandle extremely large value transactions to the strictest of deadlinesSupport any regulatory, tax, compliance or audit requests on Operations processingCreate weekly, monthly, and ad hoc metrics and dashboardsWork closely with Product partners on new business initiatives & process improvementsEnsure the full execution of local currency payments/receivables through SARIE and foreign currency payments/receivables through SWIFTMonitor payments/receivable queues and ensure no transactions are left pending overnightEnsure full-compliance of operational controls, global corporate bank principles, corporate policies and local regulationActively participate in the testing phase of target processes and systemsQualificationsThese points have been carefully considered as being essential for the role. Your background must accurately reflect all of these for your application to be consideredYou must have a minimum of 1 year experience in a financial institutions in operations/PnL reporting/product control/financial accounting/risk management roleYou will have strong accounting background covering products such as Money Markets, FX, Interest Rate Swaps, Corporate Loans, as well as Fixed IncomeYou are comfortable in supporting multiple products, working under pressure, and prioritizing tasksYou have Strong analytical and quantitative skillsYou have strong interpersonal skills and are comfortable in working with different support teams in order to resolve issuesYou are comfortable in organizing and driving meetings and conference calls independentlyYou can demonstrate ownership & accountabilityYou will be a keen learner with drive, enthusiasm and ability to motivate othersYou will have strong knowledge of excelFluent in English (written & spoken), Arabic would be a plus.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. 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.

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