CIB-Securities Services Operations-Fund Servicing Associate

CIB-Securities Services Operations-Fund Servicing Associate

JP Morgan Chase & Co.
5-8 years
Not Specified

Job Description

Job Description :
Job Description
The JP Morgan Compliance Reporting & Client Transaction reporting team provides a post Trade Compliance & Reporting services to pension & Mutal Fund clients based in North America and EMEA. Market-leading post-trade compliance reporting services for portfolio risk management. J.P. Morgan's market-leading Compliance Reporting Services enables asset managers, fund sponsors and trustees to efficiently detect and manage violations of client-specified investment rules, facilitating risk reduction and demonstrating industry best practices. With more than 200 clients and 6,000 portfolios-including more than 2,000 mutual funds-the firm services a large number of sophisticated investors globally, representing approximately $2 trillion in assets. Our diverse client list includes corporate and public pensions, investment managers, endowments and foundations, corporate cash, insurers and central banks
Roles & Responsibilities
  • Investigating all investment guideline/regulatory breaches to assist the client in the breach resolution process.
  • Review & recommending a course of action based on the investigation to assist the fund managers to take corrective action.
  • Continous Improvement in the process by providing solutions to reduce the number of false exceptions/violations.or optimising the way we operate
  • Interfacing with onshore Operations and the Operations Service Delivery (OSD) teams on a continual basis drive improvement, efficiency in the process
  • Providing solutions to reduce the number of false exceptions/violations
  • Providing innovative solutions to client requirements and tailoring available solutions to the changing needs of the client in a timely manner.
  • Strong control mindset and ability to weave through processes and identify risk and remediate as appropriate.
  • Ensure that s/he is able to become a strong subject matter expert on the function and deliver training sessions and act as a strong 'go-to' person in the team & with partners
  • Logical, problem-solving, technical person would be ideally suited.
  • A good understanding of accounting platforms that deliver NAV's will be a plus.
  • Good background in analytical tasks & able to provide solutions to complex asks from end-clients. Providing solutions to reduce the number of false exceptions/violations
  • Concentrate on problem-solving technical and involved requests for clients across the globe, as part of discrete implementations of new business.
  • Interpreting investment mandates to identify 'rules'
  • Agreeing reporting criteria with the OSD teams
  • Coding identified and agreed 'rules' within the Compliance Reporting application
  • Regularly communicate with the Ops and OSD teams (over the phone and electronically) discussing potential breaches on the investment mandates relating to assigned funds.
  • Create, maintain and test logical rules automatically applied to the financial instruments owned by J.P.Morgan's clients.

  • 5 years or more in Banking / Financial services industry or with accounting firm.
  • Good understanding of security types and their accounting treatment
  • Awareness of stock market practices & data vendor systems (e.g. Bloomberg)
  • Knowledge of the processes of a fund's Custodian Bank and Investment Manager
  • Analytical with good problem-solving skills
  • Committed approach with the ability to communicate effectively within a small team
  • Flexibility - support department projects and work overtime during peak production periods
  • Team management experience and able to adequately lead, guide & take peers along
  • Experience in process improvement

  • Keep up to date with industry practice, product development and evolving regulations
  • Qualification involving financial instruments
  • Excellent written and verbal communication
  • Problem solving skills
  • The candidate should have 8-10 years or more experience in a fund accounting/ financial reporting process
  • Experience in managing people, completion of performance reviews and setting objectives
  • Demonstrate strong management skills and ability to build key internal relationships across locations
  • Strong attention to detail in review of documents and analytical review capabilities
  • Degree in related technical area (such as Finance, Mathematics, Economics, Computer Sciences or Business) advantageous but not essential.
  • Qualification involving financial instruments beneficial.
  • The successful candidate would have at least two of the following key attributes, demonstrated by suitable experience:
    • Strong client servicing experience
    • Coding or report writing experience, ideally with logic-based database systems
    • Excellent financial market and instrument knowledge
    • Compliance reporting product knowledge

Job Details

Employment Types:



JPMorgan Chase & Co., 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. 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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