Fund Servicing Analyst
JPMorgan Chase · National Capital Region
Join our team to build your career in a culture that values innovation, creativity and excellence.
As a Fund Servicing Analyst within the Securities Services Operation team, you are responsible with the investment fund unit holder(s) and German regulators for an accurate Net Asset Valuation (NAV) and to provide fund accounting information and static data (i.e. prices) to the fund manager (KVG/Fondsleitung) if applicable. You are responsible for timely and accurate NAV reconciliation, investigation and resolution of differences in investment funds.
Job Responsibilities:
- You will use JPM applications to perform complete cycle of the NAV reconciliation on a daily (only public mutual funds), weekly and monthly basis of fund accounting data from the KVGs/Fondsleitung (including valued asset holdings, derivatives, forward exchange, cash, interest and tax accruals, payables and receivables) against JPM Accounting data.
- Run user tools for creation of the reconciliation report package. Investigate substantial NAV breaks in cooperation with Internal departments and IFAS and ensure resolution of discrepancies in a timely manner.
- Quality Management to ensure accuracy of JPM Fund Accounting and Custody Data.
- Maintenance of security static data to ensure correct asset IDs (ISIN, WKN) are stored in the system and updated when necessary.
- Input accrued expenses: Provide expense accruals to IFAS if required by client or KVG/Fondsleitung.
- Coordinate information flow regarding additional valuations with CMO, KVGs/Fondsleitung and IFAS (i.e. for unit purchases and sales).
- Support of IFAS and GDS for OTC derivatives
Required qualifications, capabilities and skills:
- Minimum of 3 years of Pension funds industry experience with a minimum of three years in fund accounting
- Knowledge in fund accounting, account reconciliation processes, industry developments and trends
- Securities industry knowledge including dividends, principal & interest, corporate actions and trading activity
Preferred qualifications, capabilities and skills:
- Strong oral and written communication and presentation skills including the ability to communicate strategic messages clearly and consistently with the team, making linkages to individual goals and accomplishments
- Strong relationship management and partnership with a large array of constituents; ability to manage by influence to promote change
- Proactive in identifying and escalating issues
- Leadership / Teamwork: Builds effective teams committed to organizational goals; fosters collaboration among team members and among teams
- Manage Disagreements: Brings substantive conflicts and disagreements into the open and attempts to resolve them collaboratively; strives for win/win solutions
- Minimum Bachelor's degree, Chartered Accountant/MBA/Bachelor’s degree in Finance, Accounting or Economics is preferred.
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.
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