Fund Servicing Specialist | Team Member

Leverage your unique background, experiences and skills to help innovate and add value

Diversity and Inclusion are the cornerstones of JPMorgan Chase's corporate culture. We recognize that we gain strength from a diverse workforce and embrace our differences. We are committed to a culture of openness and meritocracy, and believe in giving every individual an opportunity to succeed while bringing their whole selves to work. Every unique skill, perspective and experience is valued irrespective of background, age, disability, gender identity, ethnicity, religion or belief and ****** orientation. Different perspectives built on diverse experiences bring strength and creativity to our work and lead to the best solutions for our clients.

If you're passionate, curious and ready to make an impact, we're looking for you to help us grow and position our businesses for the future.

What to expect:

Counterparty Reconciliation service is offered to clients including asset managers, pension funds and other institutional investors that are trading OTC derivatives as a component of their investment strategies. This service is also extended to funds that are trading on OTC & ETD derivatives

Counterparty reconciliation acts as secondary control check to the positions booked by Trade Capture & are responsible for ensuring the client's books and records captured within accounting platforms remain synchronized with counterparty data received in TriOptima & investigate various types of reconciliation breaks/exception.

This will also include -

Follow up with different brokers/vendor/client for timely resolution of reconciliation breaks/exception
Interaction with the client on weekly/fortnightly basis to discuss outstanding items
About you:

We're looking for highly-driven individuals with an interest in working in financial services and at JPMorgan Chase.

Key components of the role will be:

Perform reconciliation between Broker / Counterparty vs Client to ensure the client books are in line with respective brokers
Detailed investigation of the breaks
Liaise with external clients and counterparties for breaks resolution
Attend Client calls in presence of onshore team to discuss the status of the breaks resolution & any other client request / issues
Liaise with internal team for breaks resolution
Provide MIS reporting on break status
Provide weekly KPI information to management
Ensure team meet designated deadlines in line with internal SLA's
Proactive & transparent communication to all stakeholders relating to delivery
Provide comprehensive error reporting when such instances occur, and evidence action plan to ensure any identified gaps are closed
Undertake root cause analysis of regular breaks
Escalate issues to designated parties to agreed timescales
Identify process improvements to contribute to best practice
About your skills & experience:

Previous experience of reconciliation
Sound knowledge of basic accounting (ie. debits/ credits)
Excellent communication, interaction and influencing skills
Strong PC skills, particularly Excel
An understanding of derivatives and fund accounting processes is a distinct advantage
Knowledge of custody and settlement is an advantage
A proactive approach to problem solving, taking ownership of issues and having the determination to follow things through
Self-motivated, innovative, methodical and analytical
Good prioritization and time management
Flexible approach to hours and task allocation
Good knowledge of risk and controls.
About your qualifications:

The candidate should have 2-3 years or more experience in a fund accounting/ worked in financial products.

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2.00-3.00 Years