at J.P. Morgan
Bulge Bracket Investment BanksPosted 5 days ago
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**Fund Servicing Associate I - Mumbai, India: Drive Operations, Enhance Processes at JPMorgan Chase** As **Fund Servicing Associate I**, you'll oversee daily/monthly fund accounting, ensuring accurate NAV calculations. You'll review financial statements, strengthen controls, and optimize workflows. A key role is leading and developing staff while managing client relationships proactively. Requirements include **Chartered Accountant or Finance/Economics degree** with **7+ years in mutual funds, 3+ in fund accounting**. Demonstrate **strong GAAP accounting knowledge, industry awareness, and proficiency in reconciliation**. Essential are **analytical, prioritization, organizational, multitasking, and negotiation skills**. Experience across multiple business areas, financial reporting, fund administration, and management is preferred. Join JPMorgan Chase, driving fund services success.
- Compensation
- Not specified
- City
- Mumbai
- Country
- India
Currency: Not specified
Full Job Description
Location: Mumbai, Maharashtra, India
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 net asset value (NAV) calculations for various clients.
- Review all financial statements prior to production, ensuring timely and accurate sign-offs from all constituents involved in the valuation process.
- Establish, implement, and maintain policies, procedures, and guidelines that comply with internal and external controls, continuously strengthening the control environment.
- Develop and implement efficient and standardized workflows within the team and across various hand-off points.
- Lead, motivate, develop, and support staff, including training and managing the team to maintain high performance.
- Identify and address training needs to ensure team skill sets and mobility.
- Manage client relationships (including JPMorganChase partner locations) through effective service delivery and a proactive approach to client requirements.
Required qualifications, capabilities, and skills
- Chartered Accountant, MBA, or Bachelors degree in Finance, Accounting, or Economics.
- Over 7 years of experience in the mutual funds industry, with a minimum of 3 years in fund accounting.
- Strong knowledge of fund accounting and GAAP accounting principles.
- Awareness of industry developments and trends.
- Understanding of securities industry, including dividends, principal & interest, corporate actions, and trading activity.
- Proficiency in account reconciliation processes.
- Excellent analytical, prioritization, organizational, multitasking, and negotiation skills
Preferred qualifications, capabilities, and skills
- Experience working across multiple business areas and/or functions to deliver results
- Demonstrated expertise in financial reporting, fund administration, accounting, and/or custody, with five years of experience preferred, evidenced by successful handling of related tasks and responsibilities.
- Management experience is desirable.
