Fund Servicing Manager I

Manila - Philippines

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Department:

Operations

Job Summary

Description

Elevate your career with JPMorgan Chase a top financial firm valuing innovation creativity and excellence.

As a Fund Servicing Manager I within Commercial and Investment Banking you will be responsible for the day-to-day production validation & delivery of Financial Statements of Accounts & Net Asset Value (NAV) calculations for a group of funds (mutual insurance pension hedge fund etc.).

Responsibilities

Maintain accurate accounting and securities records for each fund administered ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation asset pricing security trading income & expense processing etc.).
Investigate and provide resolution where accounting or securities transactions are seen to breach the validation tolerances of the JP Morgan system. Utilization of the WINS-INVEST ONE (reporting)/GTI/ Titan systems to adequately research and resolve issues on portfolios.
Ensure timeliness of NAV production accounting validation and management escalation in the event of issues is essential to the success of the individuals and teams performance.
Document procedures and identify requirements for additional controls and ensure adherence of operational procedures to complete task in an accurate and timely manner.
Provide training to new hires.
Keep adequate documentation on file to fully explain and support all items particularly those which would be deemed unusual eg. Past due dividends larger than usual price movements (when comparing against assets in the same industry class) large gains and losses in FFXs large div yield trade cost per unit vs. ending price comparison and overall benchmarking discrepancies.
Reconcile third party and internally traded forward foreign exchange contracts to their portfolios.
Analyze fund performance to ensure final valuations are accurate
Assist in the preparation on all ad hoc enquires from clients; this includes both internal and external clients (although emphasis is inter-department communication).
Demonstrate sufficient technical knowledge of various investment instruments and markets (stock exchanges) and their effect on the portfolios valuation.
Demonstrate understanding of the principles of infrastructure securities non-listed securities such as mutual funds and their differing pricing methodologies during cum & ex-cum periods and how to interpret third party information where required.

Required qualifications capabilities and skills:

At least 6years in Banking / Financial services industry or with accounting firm.
Ability to work in a deadline driven environment and meticulous attention to detail
Client focused
Strong analytical skills and Control oriented
Proficiency with computer applications
Flexibility to work in shifts
Exhibits a can do attitude
Good written & spoken English communication skills

Preferred qualifications capabilities and skills:

Graduate/Post-graduate with experience in an automated processing environment.
Understanding of security types and their accounting treatment
Awareness of stock market practices & data vendor systems (e.g. Bloomberg)
Knowledge of the processes of a funds Custodian Bank and Investment Manager
Committed approach with the ability to communicate effectively within a small team
Flexibility - support department projects and work overtime during peak production periods
Willingness to work on local holidays to support business and client deliverables

Required Experience:

Manager

DescriptionElevate your career with JPMorgan Chase a top financial firm valuing innovation creativity and excellence.As a Fund Servicing Manager I within Commercial and Investment Banking you will be responsible for the day-to-day production validation & delivery of Financial Statements of Accounts ...

Description

Elevate your career with JPMorgan Chase a top financial firm valuing innovation creativity and excellence.

Responsibilities

Maintain accurate accounting and securities records for each fund administered ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation asset pricing security trading income & expense processing etc.).
Investigate and provide resolution where accounting or securities transactions are seen to breach the validation tolerances of the JP Morgan system. Utilization of the WINS-INVEST ONE (reporting)/GTI/ Titan systems to adequately research and resolve issues on portfolios.
Ensure timeliness of NAV production accounting validation and management escalation in the event of issues is essential to the success of the individuals and teams performance.
Document procedures and identify requirements for additional controls and ensure adherence of operational procedures to complete task in an accurate and timely manner.
Provide training to new hires.
Keep adequate documentation on file to fully explain and support all items particularly those which would be deemed unusual eg. Past due dividends larger than usual price movements (when comparing against assets in the same industry class) large gains and losses in FFXs large div yield trade cost per unit vs. ending price comparison and overall benchmarking discrepancies.
Reconcile third party and internally traded forward foreign exchange contracts to their portfolios.
Analyze fund performance to ensure final valuations are accurate
Assist in the preparation on all ad hoc enquires from clients; this includes both internal and external clients (although emphasis is inter-department communication).
Demonstrate sufficient technical knowledge of various investment instruments and markets (stock exchanges) and their effect on the portfolios valuation.
Demonstrate understanding of the principles of infrastructure securities non-listed securities such as mutual funds and their differing pricing methodologies during cum & ex-cum periods and how to interpret third party information where required.

Required qualifications capabilities and skills:

At least 6years in Banking / Financial services industry or with accounting firm.
Ability to work in a deadline driven environment and meticulous attention to detail
Client focused
Strong analytical skills and Control oriented
Proficiency with computer applications
Flexibility to work in shifts
Exhibits a can do attitude
Good written & spoken English communication skills

Preferred qualifications capabilities and skills:

Graduate/Post-graduate with experience in an automated processing environment.
Understanding of security types and their accounting treatment
Awareness of stock market practices & data vendor systems (e.g. Bloomberg)
Knowledge of the processes of a funds Custodian Bank and Investment Manager
Committed approach with the ability to communicate effectively within a small team
Flexibility - support department projects and work overtime during peak production periods
Willingness to work on local holidays to support business and client deliverables

Required Experience:

Manager

Key Skills

Microsoft Access
Financial Services
Fundraising
GAAP
Accounting
IFRS
Securities Law
Microsoft Excel
Private equity
Confluence
Supervising Experience
Unity

Apply Now

About Company

JPMorganChase

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans ov ... View more

View Profile View Profile

AI AutoApply

Apply to 100+ jobs with one click