Fund Servicing Associate II

JOB DESCRIPTION

Join JPMorganChase as a Fund Servicing Associate II and be at the forefront of enhancing our operational services in fund accounting and administration. This role offers a unique opportunity for career growth and skill development, as you collaborate with a dynamic team and contribute to impactful solutions. Experience the benefits of being part of a leading financial institution that values innovation and continuous improvement.

Job Summary

As a Fund Servicing Associate ll within JPMorganChase, you will play a pivotal role in enhancing our fund servicing operations. Leveraging your broad knowledge of fund accounting and administration, you will provide advice and support to ensure progress within established procedures and policies. Your work will have a significant impact on our department, requiring you to apply your advanced analytical and problem-solving skills to develop solutions for varied and complex issues. Your advanced emotional intelligence will be key in building trusting relationships and influencing better outcomes for our team and clients. Your role will also involve planning and organizing your own work, and potentially that of a team, while continuously seeking opportunities for improvement and innovation in our operating platform.

Job responsibilities

• Oversee the maintenance of accurate accounting and securities records for each fund administered, ensuring adherence to all prescribed controls for fund accounting processes.
• Investigate and resolve issues where accounting or securities transactions breach the validation tolerances of the JP Morgan system, applying advanced problem-solving skills.
• Implement operational procedures to complete tasks accurately and timely.
• Partner with various Operations Teams, Technology, Product, Sales, Program Management.
• Identify and address vulnerabilities in our fund servicing processes, leveraging your proficiency in continuous improvement to enhance efficiency and resilience.
• Ensure delivery of standard audit support package and oversee resolution of all inquiries from a Fund Accounting perspective during the reporting/audit cycles
• Analyze accounting records and be able to clearly articulate fund accounting transactions/processes to clients, external audit firms, and internal business partners.
• Independently research and respond to auditor and internal inquiries in a timely manner. Participate on calls and in-person meetings with external auditors and clients
• Oversee offshore team's production of deliverables
• Lead ad-hoc projects and process enhancements
• Coach, develop and mentor staff including setting objectives, providing feedback, and managing day to day escalation items and resolution of complex audit discussion topics

Required qualifications, capabilities, and skills

• Demonstrated expertise in fund accounting and administration, with at least five years of experience focusing on maintaining accurate accounting and securities records, evidenced by successful management of related tasks and responsibilities.
• Demonstrated proficiency in identifying and resolving issues related to accounting or securities transactions, ensuring compliance with validation tolerances.
• Proven ability to implement operational procedures and controls, with a focus on enhancing cybersecurity and anti-fraud measures.
• Advanced emotional intelligence skills, with a proven track record of building trusting relationships and influencing better outcomes for teams and clients.
• Strong analytical, organizational, and time management skills
• Team player with the ability to work productively within a group and maintain a high degree of independence
• Demonstrate strong understanding of various investment types including fixed income, equities, and derivatives and fund accounting transactions such as corporate actions and amortization
• Ability to interact with senior management and clients/auditors. Excellent written and verbal communication skills, comfortable escalating upward
• Excellent problem/issue resolution skills; good critical thinking and decision-making skills

Preferred qualifications, capabilities, and skills

• Experience working across multiple business areas and/or functions to deliver results
• Demonstrated expertise in financial reporting, fund administration, accounting, and/or custody, with five years of experience preferred, evidenced by successful handling of related tasks and responsibilities.

ABOUT US

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.

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.