Fund Servicing Associate

As a Fund Accounting Associate within J.P. Morgan Securities Services, you will manage the production and review of Net Asset Values (NAV) and other activities that lead to the correct valuation of mutual fund clients. This role involves taking direct responsibility for the production, review, and delivery of activities related to regulatory requirements and client reporting. You will participate in the production and review from both a detailed and quality perspective of NAV-impacting activities and regulatory reports while leading and developing a team of fund accounting professionals.

Job Responsibilities

• Review cash and asset break reconciliations between accounting and custody systems, ensuring standard commentary is easily comprehended by all internal stakeholders and clients

• Oversee day-to-day activities in accordance with SOPs and within agreed client deadlines and SLAs

• Conduct ongoing analysis of client accounting records and escalate potential issues appropriately to relevant stakeholders

• Identify and correct misstatements within the accounting records, demonstrating the ability to identify and escalate potential audit findings

• Resolve team queries effectively and act as a reference point for junior team members on technical, accounting, and audit-related matters

• Interact with stakeholders proactively to respond to any accounting-related queries that may arise

• Recognize and act on opportunities to improve processes, developing and making recommendations for change while encouraging the team to contribute ideas for efficiency

• Liaise with the OCM (internal control) team on any issues that arise requiring review

• Manage team's objective setting, performance reviews, and provide ongoing feedback to support professional development

• Understand the flow of information between accounting and custody systems, perform root-cause analysis of breaks, submit workflow or process redesign changes, and follow up with stakeholders or technology partners until closure to eliminate breaks at the source

Required Qualifications, Capabilities, and Skills

• Bring 7+ years of experience in Fund Accounting or Financial Reporting with a strong understanding of financial products

• Demonstrate proven people management experience, including completion of performance reviews and objective setting for a team of 3-5 people

• Exhibit strong management skills and the ability to build key internal relationships across multiple locations

• Show exceptional attention to detail in reviewing documents and conducting analytical reviews of Fund Accounting numbers and reporting

• Possess excellent knowledge and understanding of all primary US Regulations, Mutual Funds, and NAV calculations

• Demonstrate risk, control, and procedure-oriented mindset with strong adherence to compliance standards

• Apply strong analytical and prioritization skills with the capability to make sound judgments

• Communicate clearly and professionally, both verbally and in writing, with internal teams and external stakeholders

Preferred Qualifications, Capabilities, and Skills

• Hold a postgraduate degree with a major in Finance or Accounting

• Demonstrate experience working extensively in Fund Accounting or Financial Reporting environments

• Show proficiency in fund accounting systems and custody platforms

• Bring knowledge of regulatory reporting requirements including SEC regulations and compliance frameworks

• Demonstrate experience in process improvement initiatives and change management