Fund Servicing Manager I

Job Description
Elevate your career with JPMorgan Chase, a top financial firm, valuing innovation, creativity, and excellence.
As a Fund Servicing Manager I within Commercial and Investment Banking, you will be responsible for the day-to-day production, validation & delivery of Financial Statements of Accounts & Net Asset Value (NAV) calculations for a group of funds (mutual, insurance, pension, hedge fund etc.).
Responsibilities

• Maintain accurate accounting and securities records for each fund administered, ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation, asset pricing, security trading, income & expense processing etc.).
• Investigate and provide resolution where accounting or securities transactions are seen to breach the validation tolerances of the JP Morgan system. Utilization of the WINS-INVEST ONE (reporting)/GTI/ Titan systems to adequately research and resolve issues on portfolios.
• Ensure timeliness of NAV production, accounting validation and management escalation, in the event of issues, is essential to the success of the individual's and team's performance.
• Document procedures and identify requirements for additional controls and ensure adherence of operational procedures to complete task in an accurate and timely manner.
• Provide training to new hires.
• Keep adequate documentation on file to fully explain and support all items, particularly those, which would be deemed unusual, eg. Past due dividends, larger than usual price movements (when comparing against assets in the same industry class), large gains and losses in FFX's, large div yield, trade cost per unit vs. ending price comparison and overall benchmarking discrepancies.
• Reconcile third party and internally traded forward foreign exchange contracts to their portfolios.
• Analyze fund performance to ensure final valuations are accurate
• Assist in the preparation on all ad hoc enquires from clients; this includes both internal and external clients (although emphasis is inter-department communication).
• Demonstrate sufficient technical knowledge of various investment instruments and markets (stock exchanges) and their effect on the portfolio's valuation.
• Demonstrate understanding of the principles of infrastructure securities, non-listed securities such as mutual funds and their differing pricing methodologies during cum & ex-cum periods and how to interpret third party information where required.

Required qualifications, capabilities and skills:

• At least 6 years in Banking / Financial services industry or with accounting firm.
• Ability to work in a deadline driven environment and meticulous attention to detail
• Client focused
• Strong analytical skills and Control oriented
• Proficiency with computer applications
• Flexibility to work in shifts
• Exhibits a 'can do' attitude
• Good written & spoken English communication skills

Preferred qualifications, capabilities and skills:

• Graduate/Post-graduate with experience in an automated processing environment.
• 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
• Committed approach with the ability to communicate effectively within a small team
• Flexibility - support department projects and work overtime during peak production periods
• Willingness to work on local holidays to support business and client deliverables

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.