Fund Servicing Associate
JPMorgan Chase — Mumbai, MUMBAI
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Job Description
Join JPMorganChase as a Fund Services Associate I and become an integral part of our dynamic team. This position offers a unique opening to enhance your career by working closely with operations, financial controllers, and external partners. You'll be at the forefront of ensuring smooth fund servicing operations while contributing to process improvements. Embrace the chance to grow your capabilities in a supportive environment that values innovation and collaboration.
As a Fund Servicing Associate I within JPMorganChase, you will play a pivotal job in enhancing our operational services related to fund accounting and administration. Your work will have a meaningful impact within our department, as you apply your broad grasp of fund servicing principles and practices to carry out diverse activities requiring analysis and judgement. With your advanced emotional intelligence, you will establish trusting relationships with peers, managers, and stakeholders, fostering a collaborative environment. Your continuous improvement mindset will drive you to propose and implement improvements to our current working methods, contributing to the streamlining and resilience of our operating platform.
Job responsibilities
- Oversee new client onboarding, fund events, accounting transitions and restructuring of existing client organisation records.
- Process and validate transactions, accounting data, tax records and transition activities in line with customer instructions and project plans.
- Execute position, accounting, tax and cash reconciliations, ensuring accuracy and integrity of fund records.
- Investigate and resolve transition-related queries and escalations, partnering with internal teams, customers and service partners.
- Uphold sound operational controls, conduct quality checks and guarantee adherence to procedures, audit and BCP expectations.
- Keep up and periodically review customer-specific documentation and Standard Operating Procedures (SOPs).
- Drive process improvements, automation and standardized workflows to strengthen operational streamlining and controls.
- Support MIS reporting, projects, training initiatives and stakeholder management, offering transparency on business performance to senior management.
Required qualifications, capabilities, and competencies
- Graduate/Postgraduate with 7+ years of experience, within the Financial Services industry.
- Sound understanding of Mutual Funds, Pension Funds and Fund Accounting.
- Understanding of GAAP accounting, GAV reconciliation and account reconciliation.
- Know-how of Fund Accounting components among them securities, dividends, principal and interest, corporate actions and trading activity.
- Solid reconciliation, analytical and problem-solving competencies with meticulous attention to detail.
- Sound customer focus, communication and stakeholder management competencies.
- Capability to work efficiently in a deadline-driven, control-oriented environment, with flexibility to work over shift timings.
- Proficiency in Microsoft Office; CA, MBA or Bachelor’s degree in Finance, Accounting or Economics.
Preferred qualifications, capabilities, and abilities
- Background in New Client Onboarding, Fund Events and Accounting Transitions.
- Track record in Fund Accounting operations, such as position, accounting and tax reconciliations.
- Exposure to client transitions, fund onboarding and restructuring activities.
- Experience running operational inquiries, escalations and customer/service-partner relationships.
- Robust understanding of operational controls, quality assurance, audit and BCP.
- Experience preparing MIS/business performance reporting and supporting senior management criteria.
- Building experience using AI-powered analytics, workflow automation, or intelligent process tools to drive effectiveness gains, reduce manual effort, or upgrade accuracy in operational processes
This Fund Servicing Associate vacancy is based in Mumbai.
Frequently Asked Questions
What are the eligibility criteria for the Fund Servicing Associate job at JPMorgan Chase?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Fund Servicing Associate at JPMorgan Chase?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Fund Servicing Associate at JPMorgan Chase.
Is prior experience required for this position?
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Fund Servicing Associate role at JPMorgan Chase?
You can apply directly using the Apply Now button on this page, which will take you to JPMorgan Chase's application process for this role.
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