Take charger of your career and be part of our dynamic team!
As a Fund Servicing Associate II in JPMorganChase, you will have the opportunity to fulfill our obligation towards the investment fund unit holder(s) and German regulators by ensuring an accurate Net Asset Valuation (NAV). You will also provide crucial fund accounting information and static data to the fund manager. Your role will involve timely and accurate NAV reconciliation, and you will be at the forefront of investigating and resolving differences in investment funds. This role provides a unique opportunity to enhance your skills in fund management and accounting, while contributing significantly to our team's objectives.
Job Responsibilities:
- Utilize JPM applications to perform the complete cycle of NAV reconciliation on a daily, weekly, and monthly basis for fund accounting data, ensuring alignment with JPM Accounting data.
- Run user tools to create reconciliation report packages and investigate substantial NAV breaks in collaboration with internal departments and IFAS, ensuring timely resolution of discrepancies.
- Ensure quality management to maintain the accuracy of JPM Fund Accounting and Custody Data.
- Maintain security static data to ensure correct asset IDs (ISIN, WKN) are stored and updated in the system as needed.
- Input accrued expenses and provide expense accruals to IFAS when required by clients or KVG/Fondsleitung.
- Coordinate information flow regarding additional valuations with CMO, KVGs/Fondsleitung, and IFAS, particularly for unit purchases and sales.
- Support IFAS and GDS in managing OTC derivatives.
- Manage inquiries efficiently to ensure effective communication and resolution.
Required qualifications, capabilities and skills:
- Chartered Accountant, MBA, or Bachelor's degree in Finance, Accounting, or Economics.
- Minimum of 3 years of experience in the pension funds industry, with at least 3 years in fund accounting.
- Expertise in fund accounting, account reconciliation processes, and awareness of industry developments and trends.
- Knowledge of the securities industry, including dividends, principal & interest, corporate actions, and trading activity.
- Strong oral and written communication skills, with the ability to clearly and consistently convey strategic messages.
- Proven relationship management skills and the ability to influence and promote change across various stakeholders.
- Demonstrated leadership abilities, including building effective teams and fostering collaboration.
- Proactive in identifying and escalating issues.
- Skilled in managing disagreements, bringing conflicts into the open, and striving for collaborative, win/win solutions.