Fund Servicing Associate

Aumni

Aumni

metro manila, philippines
Posted on Sep 23, 2024

Job Description

Join our team to build your career in a culture that values innovation, creativity and excellence.

As a Fund Servicing Associate within the Securities Services Operations, you will be responsible for timely and accurate deliver of NAV to the FA for final release to the client. The role requires sound understanding of derivatives and managing a team ensuring accurate and timely booking of trades based on instructions received from client, valuation, cash and collaterals on derivative trades based upon valuation and cash report received from the clients/Fund Managers, Market data and Economic trade data required for processing, valuation and reconciliation of our client derivatives portfolio into various 3PDP systems such as FSDV and WINS Enterprise.

We work in a very dynamic environment and you will be expected to keep up with regular client on-boardings and technology implementations.

Role Description:

  • Acquire knowledge of Derivative and Securities markets and processing environments with control. Process and validate trades, investigate and resolve trade-related breaks in accordance with the established work practices and procedures.
  • Serve as first level authorizer, Verifier / QA and main contact for escalations. Respond to emails pertaining to those relationships and demonstrate ability to resolve queries quickly and accurately
  • Closely work with various internal teams such as trade processing, Recon, custody and FM to resolve any exceptions on a timely manner.
  • Respond to and resolve client inquiries on a timely manner. Perform root cause analysis to increase STP and reduce client inquiries.
  • Strong understanding of Risk Management and should be able to manage the issues exceptions above materiality thresholds for resolution
  • Partner with technology strategy team to help identify internal and external facing technology improvement opportunities. Ensure all day to day queries dealt with within required SLAs and escalate issues .
  • Attend internal onshore partners meetings, usually via conference call, ensure resolution of follow up items. Partner with client service teams to help change client behavior where required to remove manual processes.

Required qualifications, capabilities, and skills:

  • Experience or working knowledge of Derivatives on OTC products.
  • Good background knowledge of client valuation process and all security types (Bonds, Equities, Commodities, and Indices etc) their accounting treatment and Derivative experience
  • Excellent communication, interaction and influencing skills. Comfortable at interacting with and communicating to all levels of management.
  • Quick learner and capable of grasping nuances of products and implications of their processing requirements.
  • Partners well with peers, subordinates, managers, and LOB and functional partners (e.g., Risk, Technology, Operations, and Finance).
  • Good time management and problem solving skills

Preferred qualification:

  • Bachelor's Degree, preferably CA/ MBA (Finance)/CFA.
  • Knowledge on digital tool e.g Tableau, Alteryx

About Us

J.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. 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.

About the Team

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.