Fund Servicing Associate I

at  JPMorgan Chase Co

JOB DESCRIPTION

Become an integral part of our Corporate and Investment Banking team! Each day will be unique – bring a positive attitude and get ready to roll up your sleeves. This position is an essential part of the team and will have exposure to several aspects of running a banking office.
As a Fund Servicing Associate I in the Corporate and Investment Bank, you will be responsible in the maintenance of accurate accounting and securities records for each alternative investment or private equity asset held fund administered, ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation, asset pricing, transactions processing). Your understanding of accounting for private equity assets with end-to-end Net Asset value (NAV) impacts. Analyses of fund performance to ensure final valuations are accurate. You will keep adequate documentation on file to fully explain and support all items, particularly those, which would be deemed unusual. Keep 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.

PREFERRED QUALIFICATIONS, CAPABILITIES, AND SKILLS

• Minimum 5 years in Banking / Financial services industry or with accounting firm.
• Experience in an automated processing environment.
• 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
• Committed approach with the ability to communicate effectively within a small team
• Flexibility - support department projects and work overtime during peak production periods

ABOUT US

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. 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.

Required qualifications, capabilities, and skills

• Minimum 5 years of experience in Operations
• Graduate/Post-graduate
• Verbal and written communication skills
• Influencing skills
• Change management skills
• Prioritization skills
• Data analysis skills
• Analytical with good problem-solving skill

• Ensure adherence of operational procedures to complete task in an accurate and timely manner.
• Support the supervisors in the objective to provide top quality operations in support of this global business.
• Document procedures and identify requirements for additional controls.
• Provide training of new hires

Required qualifications, capabilities, and skills

• Minimum 5 years of experience in Operations
• Graduate/Post-graduate
• Verbal and written communication skills
• Influencing skills
• Change management skills
• Prioritization skills
• Data analysis skills
• Analytical with good problem-solving skills