JP Morgan Chase

Runs a consumer bank and an investment bank

Fund Servicing Associate 1

AccountingConfirmed live in the last 24 hours

Full-timeMumbai, Maharashtra, IndiaNo salary listedIn-person

About the Job

Requirements

Graduate or postgraduate qualification with 7+ years of experience in the financial services industry.
Strong knowledge of mutual funds, pension funds, and fund accounting.
Understanding of GAAP accounting, GAV reconciliation, and account reconciliation.
Knowledge of fund accounting components including securities, dividends, principal and interest, corporate actions, and trading activity.
Strong reconciliation, analytical, and problem-solving skills with meticulous attention to detail.
Strong client focus, communication, and stakeholder management skills.
Ability to work effectively in a deadline-driven, control-oriented environment, with flexibility to work across shift timings.
Proficiency in Microsoft Office.
CA, MBA, or a Bachelor's degree in Finance, Accounting, or Economics.

Responsibilities

Manage new client onboarding, fund events, accounting transitions, and restructuring of existing client records.
Process and validate transactions, accounting data, tax records, and transition activities in line with client instructions and project plans.
Perform position, accounting, tax, and cash reconciliations, ensuring accuracy and integrity of fund records.
Investigate and resolve transition-related queries and escalations, partnering with internal teams, clients, and service partners.
Maintain strong operational controls, conduct quality checks, and ensure adherence to procedures, audit, and BCP requirements.
Maintain and periodically review client-specific documentation and Standard Operating Procedures (SOPs).
Drive process improvements, automation, and standardized workflows to improve operational efficiency and controls.
Support MIS reporting, projects, training initiatives, and stakeholder management, providing transparency on business performance to senior management.

Desired Qualifications

Experience in new client onboarding, fund events, and accounting transitions.
Experience in fund accounting operations, including position, accounting, and tax reconciliations.
Exposure to client transitions, fund onboarding, and restructuring activities.
Experience managing operational inquiries, escalations, and client/service-partner relationships.
Strong understanding of operational controls, quality assurance, audit, and BCP.
Experience preparing MIS/business performance reporting and supporting senior management requirements.
Developing experience using AI-powered analytics, workflow automation, or intelligent process tools to drive efficiency gains, reduce manual effort, or improve accuracy in operational processes.

Join JPMorganChase as a Fund Services Associate I and become an integral part of our dynamic team. This role offers a unique opportunity to enhance your career by working closely with operations, financial controllers, and external partners. You'll be at the forefront of ensuring smooth fund servicing operations while contributing to process improvements. Embrace the chance to grow your skills in a supportive environment that values innovation and collaboration.

As a Fund Servicing Associate I within JPMorganChase, you will play a pivotal role in enhancing our operational services related to fund accounting and administration. Your work will have a meaningful impact within our department, as you apply your broad knowledge of fund servicing principles and practices to perform diverse activities requiring analysis and judgement. With your advanced emotional intelligence, you will build trusting relationships with peers, managers, and stakeholders, fostering a collaborative environment. Your continuous improvement mindset will drive you to propose and implement improvements to our current working methods, contributing to the efficiency and resilience of our operating platform.

Job responsibilities

Manage new client onboarding, fund events, accounting transitions and restructuring of existing client records.
Process and validate transactions, accounting data, tax records and transition activities in line with client instructions and project plans.
Perform position, accounting, tax and cash reconciliations, ensuring accuracy and integrity of fund records.
Investigate and resolve transition-related queries and escalations, partnering with internal teams, clients and service partners.
Maintain strong operational controls, conduct quality checks and ensure adherence to procedures, audit and BCP requirements.
Maintain and periodically review client-specific documentation and Standard Operating Procedures (SOPs).
Drive process improvements, automation and standardized workflows to improve operational efficiency and controls.
Support MIS reporting, projects, training initiatives and stakeholder management, providing transparency on business performance to senior management.

Required qualifications, capabilities, and skills

Graduate/Postgraduate with 7+ years of experience, within the Financial Services industry.
Strong knowledge of Mutual Funds, Pension Funds and Fund Accounting.
Understanding of GAAP accounting, GAV reconciliation and account reconciliation.
Knowledge of Fund Accounting components including securities, dividends, principal and interest, corporate actions and trading activity.
Strong reconciliation, analytical and problem-solving skills with meticulous attention to detail.
Strong client focus, communication and stakeholder management skills.
Ability to work effectively in a deadline-driven, control-oriented environment, with flexibility to work across shift timings.
Proficiency in Microsoft Office; CA, MBA or Bachelor’s degree in Finance, Accounting or Economics.

Preferred qualifications, capabilities, and skills

Experience in New Client Onboarding, Fund Events and Accounting Transitions.
Experience in Fund Accounting operations, including position, accounting and tax reconciliations.
Exposure to client transitions, fund onboarding and restructuring activities.
Experience managing operational inquiries, escalations and client/service-partner relationships.
Strong understanding of operational controls, quality assurance, audit and BCP.
Experience preparing MIS/business performance reporting and supporting senior management requirements.
Developing experience using AI-powered analytics, workflow automation, or intelligent process tools to drive efficiency gains, reduce manual effort, or improve accuracy in operational processes

About the Company

JP Morgan Chase

Runs a consumer bank and an investment bank

JPMorgan Chase runs the largest bank in the United States, which serves households and small businesses as Chase and large companies, governments, and investors as J.P. Morgan. During the 2008 financial crisis it bought the failing investment bank Bear Stearns and lender Washington Mutual, and in 2023 it took over First Republic Bank after regulators seized it. Chase takes deposits and earns interest on credit cards, mortgages, and car loans, while the investment side earns fees for advising on mergers, raising money for companies, trading stocks and bonds, and managing wealth. Formed in a 2000 merger, JPMorgan Chase traces its roots to 1799 and is based in New York City.

Company size: 10,001+
Company stage: IPO
Headquarters: New York City, New York
Founded: 1799

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