Job Description
Introductory Marketing Language
The Accounting Control Group (ACG) at JPMorgan is a crucial part of the Fund Administration department, ensuring the quality and timeliness of financial reporting and audit cycles for all funds and clients. The ACG, divided into the Audit Team and Trial Balance Analytics Team, offers an ideal role for candidates with a background in mutual or hedge fund accounting or NAV oversight, providing an opportunity to leverage their experience in an analytical role supporting periodic audit cycles.
Job Summary
As an Audit Associate II in the Accounting Control Group, you will play a crucial role in ensuring the overall quality and timeliness of financial reporting and audit cycles for all funds and clients. You will be split between two roles - the Audit Team and the Trial Balance Analytics Team. In these roles, you will leverage your prior experience in mutual or hedge fund accounting or NAV oversight to support periodic audit cycles. This role provides an excellent opportunity to develop your analytical skills and gain in-depth knowledge of fund administration.
Job Responsibilities
- 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 internal business partners
- Act as point of contact for onshore teams and internal stake holders in relation to audit and reporting cycles. Participate in video calls with internal stake holders
- Have knowledge of internal systems, operations, and client structures, i.e., various types of portfolios, deliverables, and client specific requirements
- Have knowledge of end-to-end fund accounting such as trades and corporate action processing, pricing, income accruals, etc. to respond to internal inquiries
- Independently research and respond to internal inquiries in a timely manner. Participate on calls and in-person meetings
- Escalate potential risk items to senior management team as needed throughout the cycle. Provide status updates as needed
- 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
- Bachelor's Degree or equivalent work experience. Graduate degree
- 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
- Ability to partner with internal teams to ensure resolution of open queries or exception items
- 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. Excellent written and verbal communication skills, comfortable escalating upward
- Excellent problem/issue resolution skills; good critical thinking and decision-making skills
- Strong leadership skills. Ability to initiate and drive change and process improvements
Preferred qualifications, capabilities, and skills
- Prior experience in Fund Accounting or Financial Reporting preferred
- Experience managing teams of at least 2-4 individuals; leadership and staff development experience
- Experience interacting directly with clients and/or auditor strongly preferred, including in-person meetings and/or presentations
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.
