India Branch - Senior FX & Derivatives Operations – Associate
JPMorgan Chase — Mumbai, MUMBAI
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Job Description
Join JPMorganChase’s India Branch FX & Derivatives Operations team and play a key role in managing complex products and driving operational excellence. This is an excellent opportunity for a results-driven professional to advance their career, develop new skills, and make a meaningful impact in a collaborative, high-performing environment.
As an Associate in FX & Derivatives Operations, you will oversee end-to-end trade lifecycle management for foreign exchange forwards, options, and rates derivatives. You will ensure compliance with regulatory and industry guidelines, manage settlements and reconciliations, and drive process improvements. You will collaborate with internal and external partners, support business growth, and help foster a culture of partnership and continuous improvement.
Job responsibilities
- Oversee the end-to-end trade lifecycle for foreign exchange forwards, options, and rates derivatives.
- Ensure compliance with regulatory and industry guidelines, including requirements from The Clearing Corporation of India Limited (CCIL) and The Foreign Exchange Dealers Association of India (FEDAI).
- Manage settlement and reconciliation processes, including nostro and wash accounts.
- Oversee regulatory reporting, goods and services tax computation, and monitor prudential and regulatory limits.
- Manage corporate client regulatory documentation and stay updated on regulatory reporting impacts.
- Collaborate with external clients and internal partners, including business, finance, compliance, legal, and audit teams.
- Communicate effectively with stakeholders and clearly articulate complex matters.
- Identify process gaps and develop practical solutions, connecting the dots across functions.
- Support business expansion and adapt to evolving regulatory requirements.
Required qualifications, capabilities, and skills
- Bachelor's degree in Finance, Accounting, Business, or a related field.
- Minimum 5 years of experience in markets operations or a related domain within financial services.
- Strong knowledge of the end-to-end trade lifecycle for foreign exchange forwards, options, and rates derivatives, including regulatory and industry guidelines (FEDAI & CCIL), settlement, confirmation, and reconciliations.
- Strong analytical and problem-solving skills.
- Self-directed and structured, with strong ownership and follow-through.
- Solution-oriented approach with a positive, can-do attitude.
Preferred qualifications, capabilities, and skills
- Experience with automation tools such as Alteryx, UiPath, or Python.
Frequently Asked Questions
What are the eligibility criteria for the India Branch - Senior FX & Derivatives Operations – Associate job at JPMorgan Chase?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
What are the primary responsibilities of a India Branch - Senior FX & Derivatives Operations – Associate at JPMorgan Chase?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a India Branch - Senior FX & Derivatives Operations – Associate at JPMorgan Chase.
Is prior experience required for this position?
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the India Branch - Senior FX & Derivatives Operations – Associate role at JPMorgan Chase?
You can apply directly using the Apply Now button on this page, which will take you to JPMorgan Chase's application process for this role.