JPMorgan Fund Servicing 

India, Maharashtra, Mumbai 

844226921

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:

• Investigating all investment guideline/regulatory breaches to assist the client in the breach resolution process.
• Review & recommending a course of action based on the investigation to assist the fund managers to take corrective action.
• Continuous Improvement in the process by providing solutions to reduce the number of false exceptions/violations or optimizing the way we operate
• Interfacing with onshore Operations and the Operations Service Delivery (OSD) teams on a continual basis drive improvement, efficiency in the process
• Providing solutions to reduce the number of false exceptions/violations
• Providing innovative solutions to client requirements and tailoring available solutions to the changing needs of the client in a timely manner.
• Strong control mindset and ability to weave through processes and identify risk and remediate as appropriate.
• Ensure that s/he is able to become a strong subject matter expert on the function and deliver training sessions and act as a strong “go-to” person in the team & with partners
• Logical, problem-solving, technical person would be ideally suited.
• A good understanding of accounting platforms that deliver NAV’s will be a plus.
• Good background in analytical tasks & able to provide solutions to complex asks from end-clients. Providing solutions to reduce the number of false exceptions/violations
• Concentrate on problem-solving technical and involved requests for clients across the globe, as part of discrete implementations of new business.
• Interpreting investment mandates to identify "rules"
• Agreeing reporting criteria with the OSD teams
• Coding identified and agreed "rules" within the Compliance Reporting application
• Regularly communicate with the Ops and OSD teams (over the phone and electronically) discussing potential breaches on the investment mandates relating to assigned funds.
• Create, maintain and test logical rules automatically applied to the financial instruments owned by JPMorgan’s clients.
• Act as a key linkage point with the Product & Development, OSD teams & other stakeholders including audit. Is able to provide an e2e view of the rule coded, whether it is working properly and resultant breaches if any.
• Demonstrates understanding of LOB, Sub-LOB & Groups strategy
• Providing innovative solutions to client requirements (including coding the Compliance Reporting application) in sync with optimization of the rule library in place.
• Is able to appreciate specific client nuances successfully and provide an appropriate & optimal solution to meet objectives.
• Takes ownership of work; drives successful completion of team objectives
• Investigate investment guideline breaches with the investment manager to assist the client in the breach resolution process.
• Delivers on client / client-related commitments with the proper sense of urgency
• Keep up to date with industry practice, product development and evolving regulations.
• Strong control mindset and ability to weave through processes and identify risk and remediate as appropriate.

Skills:

• 7+ 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)
• 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 with Stakeholders including OSD, Technology, Audit & Change teams
• Self-Drive for identifying & running automation & change initiatives within the process
• Strong analytical, prioritization, organizational, multi-tasking and negotiation skills
• Flexibility - support department projects and work overtime during peak production periods
• Demonstrates a commitment to acquiring new knowledge and skill sets in order to keep skills relevant and expand critical skills to address current and anticipated demands, certifications, training, etc.
• Knowledge of industry developments and trends
• Securities industry knowledge including dividends, principal & interest, corporate actions and trading activity

Knowledge and Experience Required:

• Keep up to date with industry practice, product development and evolving regulations
• Learning the latest the technology tools & skills
• Qualification involving financial instruments
• Excellent written and verbal communication
• Problem solving skills
• Experience in managing people, completion of performance reviews and setting objectives
• Demonstrate strong management skills and ability to build key internal relationships across locations
• Strong attention to detail in review of documents and analytical review capabilities
• Experience in managing people, completion of performance reviews and setting objectives
• Demonstrate strong management skills and ability to build key internal relationships across locations
• Strong attention to detail in review of documents and analytical review capabilities
• Degree in related technical area (such as Finance, Mathematics, Economics, Computer Sciences or Business) advantageous but not essential.
• Qualification involving financial instruments beneficial.
• The successful candidate would have at least two of the following key attributes, demonstrated by suitable experience:
  • Strong client servicing experience
  • Coding or report writing experience, ideally with logic-based database systems
  • Excellent financial market and instrument knowledge
  • Compliance reporting product knowledge