Job details
Job type full-time regular / permanent
Full job description
Jpmorgan chase is a leading global financial services firm with assets of $1.1 trillion and operations in more than 50 countriesThe firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equityUnder the jpmorgan, chase and bank one brands, the firm serves millions of consumers in the united states and many of the world`s most prominent corporate, institutional and government clients.
If you`re interested in working in an environment where leadership, excellence, integrity and diversity are among our core principles, then explore the opportunities at jpmorgan chaseFurther information about careers at jpmorgan chase can be found on our website: www.jpmorganchase.com
Job title: vice president (603)
Location: bengaluru
Department: fund accounting
The fund accounting team is responsible for timely and accurate delivery of nav for clients who have outsourced their fund accounting to jpmThis role involves understanding and executing end to end activities that comprises of daily nav calculation and eod client reporting.
Major responsibilities would include
Rendering accurate and timely accounting statements in compliance with customer expectations and departmental standards
Reviewing transactions on a daily basis to ensure conformity to established policies and procedures
Monitoring cash and asset variances between the core systems and the accounting system on a daily basis and resolving discrepancies
Monitoring income activity and ensuring that all overdue items are resolved
Communicating with service partners to ensure the timely resolution of all inquiries both internally and externally
Performing `buddy reviews` for other accountants prior to rendering final portfolio valuations
Assisting with systems testing for any new releases or enhancements and maintaining a system of filing and account profiles to facilitate continuity at all times
Participating in various projects as assigned
Reviewing and controlling of the daily operation, ensuring adherence to procedures and controls and providing necessary data to senior management and clients
Supervising a team of 15+ fund accountants including senior fund accountants and support positions including assigning responsibilities and ensuring an efficient work environment
Reviewing navs and yields prior to release
Reviewing key areas of daily operations in order to ensure accuracy and compliance with procedures and controls
Reviewing all monthly reconciliation packages
Ensuring the integrity and accuracy of fund records
Ensuring the completeness and timeliness of reporting to clients, outside parties, and other internal departments
Reviewing accounting related issues included in new fund set up, monitoring key indicators of fund status (past due income, cash balances, corporate actions, etc.) and taking prompt action to correct problems as required
Communicating all department information to the team through regular scheduled meetings and cascading the broader organizational goals to the team, ensuring that these are understood and embraced and are part of individual and team objectives
Representing fund accounting with key stakeholders including fund management, the custodian, the transfer agent and all other related parties
Interviewing, hiring and coordinating the training of new employees
Coaching and developing staff including formal objective setting, performance reviews and providing
Qualifications
Minimum 12-15 years of mutual/pension/hedge fund and accounting experience
• strong technical skills including accounting principles and theories
Mba/ca/icwa preferred
Exceptional leadership and staff development skills with prior team management experience
Proven ability to drive and deliver efficiencies through re-engineering and process improvements ensuring optimal productivity
Ability to initiate and drive change
Project and program management with a demonstrated track record of project delivery
Proven ability to establish and review key metrics to measure workflow capacity, system efficiency and effectiveness of controls and serve as an escalation point
Control focus with a thorough understanding of operational risk
Excellent communication, influencing and negotiation skills with the ability to develop and maintain collaborative relationships both internally and with external clients
Ability to anticipate issues and aggressively drive initiatives to achieve results
Detailed knowledge of business processes and procedures as well as service and systems (including downstream impacts)
Proven ability to operate effectively in a matrix organization with the ability to work under pressure and to tight timeframes
Jpmorgan chase & co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world`s most prominent corporate, institutional and government clients under the j.pMorgan and chase brandsOur history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our successWe are an equal opportunity employer and place a high value on diversity and inclusion at our companyWe do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable lawIn accordance with applicable law, we make reasonable accommodations for applicants` and employees` religious practices and beliefs, as well as any mental health or physical disability needs.
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Posted 27 days ago
