JP Morgan Chase

Runs a consumer bank and an investment bank

Fund Services Associate 1

Financial AccountingConfirmed live in the last 24 hours

Full-timeBengaluru, Karnataka, IndiaNo salary listedIn-person

About the Job

Requirements

A bachelor's degree in Finance, Accounting, Economics, or a related discipline.
Strong knowledge of mutual funds, fund accounting, GAAP accounting, and account reconciliation.
Knowledge of the securities industry, including dividends, principal and interest, corporate actions, and trading activity.
Strong analytical and problem-solving skills.
Effective prioritization, organizational, and multitasking abilities.
Strong negotiation and stakeholder-management skills.

Responsibilities

Oversee the accurate and timely production of daily and monthly fund accounting activities, including Net Asset Value (NAV) calculation for funds across various clients.
Review financial statements before production and ensure timely and accurate sign-offs are obtained from relevant stakeholders involved in the valuation process.
Establish and maintain policies, procedures, and guidelines that comply with internal and external controls and continuously strengthen the control environment.
Develop and implement efficient and standardized workflows within the team and across various hand-off points.
Lead, motivate, develop, support, train, and effectively manage the team.
Assess training and development needs and implement appropriate solutions to maintain team capabilities, skill sets, and mobility.
Manage relationships with clients, including JPMorganChase partner locations, through strong service delivery and a proactive approach to client requirements.
Support the resolution of inquiries and act as an escalation point for fund accounting and operational matters.

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

Oversee the accurate and timely production of daily and monthly fund accounting activities, including the Net Asset Value (NAV) calculation for funds across various clients.
Review financial statements prior to production and ensure timely and accurate sign-offs are obtained from the relevant stakeholders involved in the valuation process.
Establish and maintain policies, procedures, and guidelines that comply with internal and external controls and continuously strengthen the control environment.
Develop and implement efficient and standardized workflows within the team and across various hand-off points.
Lead, motivate, develop, support, train, and effectively manage the team.
Assess training and development needs and implement appropriate solutions to maintain team capabilities, skill sets, and mobility.
Manage relationships with clients, including JPMorganChase partner locations, through strong service delivery and a proactive approach to client requirements.
Support the resolution of inquiries and act as an escalation point for fund accounting and operational matters.

Required qualifications, capabilities, and skills

Bachelor’s degree in Finance, Accounting, Economics, or a related discipline
Strong knowledge of Mutual Funds, Fund Accounting, GAAP Accounting and Account Reconciliation
Knowledge of the Securities industry, including: Dividends Principal and interest Corporate actions and Trading activity
Strong analytical and problem-solving skills.
Effective prioritization, organizational, and multitasking abilities.
Strong negotiation and stakeholder-management skills.

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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