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 accurateAssist 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 treatmentAwareness of stock market practices & data vendor systems (e.g. Bloomberg)Knowledge of the processes of a fund’s Custodian Bank and Investment ManagerCommitted approach with the ability to communicate effectively within a small teamFlexibility - support department projects and work overtime during peak production periodsWillingness to work on local holidays to support business and client deliverables