Fund Services Associate I – Fund Servicing Operations

Job Description

Fund Servicing Associate I | JPMorgan Chase

The Tone:
This is a full-time role at JPMorgan Chase, located in In-person India (Karnataka). JPMorgan Chase provides essential financial services, including fund accounting and administration, to clients globally. This position is vital for ensuring the efficient operation of fund servicing and for driving continuous improvements in operational processes. You will play a key part in enhancing services, applying your knowledge to perform activities that require analysis and sound judgment within a collaborative environment.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person India (Karnataka)

• Team: Within a department enhancing operational services related to fund accounting and administration, partnering with Transfer Agency, Technology, and Operations teams.
• Mission: This role enhances operational services for fund accounting and administration, ensuring smooth fund servicing and contributing to process improvements.
• Tech Stack: Microsoft Office, Excel, Word, Outlook, operational systems

What You’ll Actually Do
• Provide Fee Setup and Processing: Provide operational support for initial charge and trailer fee setup, including calculations, reporting, and payment processing based on distribution agreements.
• Manage Transaction Settlements: Manage settlement, receipting, and payment processing, ensuring transactions are completed accurately and within established timelines.
• Execute Fund Reconciliations: Perform reconciliations of fund receipts against payments and reinvestments, investigating and escalating any breaks or exceptions promptly.
• Support Fund Reporting: Support NAV loading, price runs, and fund reporting for Transfer Agency-supported funds.
• Oversee Operational Compliance: Identify and escalate errors, exceptions, and operational risks while ensuring adherence to established policies, procedures, and controls.

The Must-Haves
• Background: Bachelor’s degree in a business-related discipline, with a foundational understanding of financial services.
• Experience: Up to 5+ years of experience in financial services, with prior experience in Transfer Agency operations or reconciliation, and knowledge of the trade lifecycle.
• Skills: Knowledge of reconciliations, settlements, payments, NAV processing, or fund servicing operations; strong analytical, problem-solving, and attention-to-detail skills; ability to work accurately in a high-volume, deadline-driven environment; proficiency in Microsoft Office applications.
• Bonus: A continuous improvement mindset to propose and implement enhancements to working methods, and advanced emotional intelligence to build strong stakeholder relationships.