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 Operations team, your objective is to fulfill JPM´s obligation towards 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:

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 and manage inquiry  

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:

Chartered Accountant/MBA/Bachelor’s degree in Finance, Accounting or Economics 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 Leadership with proven 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

 

Internal Application Eligibility Requirements

TENURE:

* Must meet minimum employment tenure requirement. Specific roles require longer tenure in current position to be eligible to apply. Unless established for specific positions by the line of business, the standard tenure requirement is 12 months.

PERFORMANCE:

* Meets satisfactory performance standards as defined by the firm

* Not enrolled in Performance Coaching

CORRECTIVE ACTION:

· Employees who were given written warning or higher and within the prescriptive period are not eligible to apply.

By submitting an application and/or joining the interview, you affirm to meet the Internal Mobility Eligibility Requirements as stated in the Applying for Internal Positions Firmwide Standard. You are expected to provide true and accurate information to the Company during the recruitment and application process. Knowingly giving false or misleading information shall be subjected to the imposition of appropriate corrective action, following the firm’s HR Policies and Guidelines.

Consult your Manager for any specific guidelines for your line of business or if you’re unsure about your eligibility for an internal application.

Make sure your profile is updated in the new me@jpmc > Hiring and discuss internal mobility plans with your Manager at the soonest time possible. Attaching your updated resume is encouraged.

In partnership, Hiring Managers and Recruiters will review applications to determine which candidates best meet the required skills and experience specified in the job description. While not every application will result in an interview, applications will be acknowledged.