Fund Accounting Associate Job at JPMorgan Chase Bank, N.A. – Dublin
J.P. Morgan Fund Services provides services including Fund Accounting, Financial Reporting, Investment Operations, and Transfer Agency to mutual and pension Funds. The Fund Accounting NAV Operations Team is a centre of expertise providing a Fund Accounting operational service to multiple clients and fund types. The Fund Accounting Team is responsible for producing, validating, and releasing NAV share prices for clients while maintaining an accurate accounting record.
The Associate is an integral member of the Fund Accounting team who will be primarily responsible for accurate and timely calculation of the NAV in line with procedures. The production manager will be expected to ensure all deliverables are met within the Service Level Agreements. They will also be key in ensuring cross function partnership with all locations within the distributed operating model – building communication lines and ensuring all issues are resolved in a satisfactory manner.
The Associate will:
Review all inputs and drivers of the NAV.
Review core reconciliations in order to ensure the accuracy of the NAV.
Investigate & validate NAV movement.
Manage the delivery of the daily/weekly/ad hoc/monthly NAV production and price dissemination.
Ensure checklists are completed and evidenced accordingly
Manage task allocation and resource planning
Escalate and resolve issues in a timely manner, working with colleagues in the Service Delivery team.
Maintain an excellent and interactive relationship with internal partners including Client Services, Custody and Transfer Agency.
Key Responsibilities of the Fund Accounting NAV Operations Team:
Responsible for the timely accurate calculation of the NAV.
Ownership and responsibility of the end to end NAV Operating model, both locally and across multiple locations.
Establish effective working relationships with key contacts internally and externally.
Understand all deliverables and implications of missed SLA’s.
Maintain a green Fund Accounting scorecard rating with the clients.
Regularly review and ensure the team is operating within an appropriate control environment
Skills/attributes & required experience:
Strong experience in a Fund Accounting environment.
Previous experience as a people manager.
Understanding of the treatment of complex financial instruments in the NAV and NAV drivers.
Strong Client management skills and ability to build key relationships.
Understanding of distributed operating model and constituent parts.
Good understanding of exception based validation.
Demonstrate an ability to work under pressure and to tight deadlines.
Good team coordination and organization skills.
A good understanding of the financial markets, investment types and accounting and pricing policies.
Risk, control and procedure orientated.
About J.P. Morgan’s Corporate & Investment Bank:
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com .
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity EmployerJ.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
About the Company
Company: JPMorgan Chase Bank, N.A. –
Company Location: Dublin