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.
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.
- Standard 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
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.