Join J.P. Morgan Worldwide Securities Services (WSS), a leading securities servicing provider that aids institutional investors, alternative asset managers, and others in optimizing efficiency, mitigating risk, and enhancing revenue. As a division of JPMorgan Chase Bank, WSS utilizes global scale, advanced technology, and industry expertise to service investments globally. We also offer market-leading post-trade compliance reporting services for portfolio risk management, assisting clients in efficiently detecting and managing investment rule violations. Our diverse clientele includes corporate and public pensions, investment managers, endowments, foundations, and more, representing approximately $2 trillion in assets.
Department Summary:
Market-leading post-trade compliance reporting services for portfolio risk management. J.P. Morgan's market-leading Compliance Reporting Services enables asset managers, fund sponsors and trustees to efficiently detect and manage violations of client-specified investment rules, facilitating risk reduction and demonstrating industry best practices. With more than 200 clients and 6,000 portfolios-including more than 2,000 mutual funds-the firm services a large number of sophisticated investors globally, representing approximately $2 trillion in assets. Our diverse client list includes corporate and public pensions, investment managers, endowments and foundations, corporate cash, insurers and central banks.
As a Fund Servicing in the Worldwide Securities Services (WSS) team, you will be responsible for reviewing rules setup by other analysts, ensuring the setup of rules are in line with regulatory requirements, interpreting regulatory changes, and providing technical expertise to key projects/initiatives in the compliance reporting function. You will also be responsible for maintaining existing fund "rules" within the system, investigating investment guideline breaches, and constantly improving the quality of work to the client.
Key Accountabilities/Major Responsibilities:
Reviews rules setup by other analysts & acts as a control point toward achieving that the rule is working as per client requirement.
Ensure the setup of rules are in line with regulatory requirements including the 1940 Act, UCITS & AIFMD
Able to interpret regulatory changes if any and accordingly provide functional input to make necessary changes to any existing rules.
Act as a change agent and provide technical expertise to key projects/initiatives in the compliance reporting function.
Is able to appreciate specific client nuances successfully and provide an appropriate & optimal solution to meet objectives.
Maintaining existing fund "rules" within the system and tailoring available solutions to the changing needs of the client in a timely manner.
Scope client requirements against that of the system and perform maintenance to the client's account.
Investigate investment guideline breaches with the investment manager to assist the client in the breach resolution process.
Constantly improving the quality of work to the client in terms of better recommendations and providing industry best standard for breach analysis.
Providing solutions to reduce the number of false exceptions/violations.
Client & regulatory reporting
Skills:
3 years or more in Banking / Financial services industry or with accounting firm.
Good understanding of security types and their accounting treatment
Awareness of stock market practices & data vendor systems (e.g. Bloomberg)
Logical, troubleshooting, root cause analysis, problem-solving, technical person would be ideally suited.
Knowledge of the processes of a fund’s Custodian Bank and Investment Manager
Analytical with good problem-solving skills
Committed approach with the ability to communicate effectively within a small team
Flexibility - support department projects and work overtime during peak production periods
Experience in process improvement, Communicates clear messages and compelling messages and priorities to guide and motivate others
Qualifications/Experience/Knowledge
Knowledge and Experience Required:
Graduate/Post Graduate
Knowledge of financial instruments and their accounting treatment is a plus
Meticulous attention to detail
Ability to work in a deadline driven environment
Client focused
Uses initiative & readily questions
Strong analytical skills
Control orientated
Proficiency with computers
Exhibits a 'can do' attitude
Good written & spoken English communication skills
Ability to partner effectively with peers, colleagues and clients
Time management and organizational skills
Degree in related technical area (such as Finance, Mathematics, Economics, Computer Sciences or Business) advantageous but not essential.
Qualification involving financial instruments beneficial.
JPMorgan Chase & Co., 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 over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.