Fund Servicing
JPMorganChase
Date: 1 week ago
City: Delhi, Delhi
Contract type: Full time
Job Description
Introductory Marketing Language:
Become a key player in our Counterparty Reconciliation team, where your expertise ensures accurate alignment of client records with counterparties. Work with asset managers, pension funds, and institutional investors trading OTC derivatives. Elevate your career at JPMorgan Chase by driving innovation and resolving reconciliation breaks.
Job Summary
As an Associate (AVP) in Counterparty Reconciliation, you will ensure client books are synchronized with counterparty data, acting as a secondary control check. You will investigate reconciliation breaks and liaise with brokers, vendors, and clients for timely resolution. Collaborate with internal and external stakeholders to maintain accurate records and provide comprehensive reporting.
Job Responsibilities
JPMorganChase, 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.P. Morgan and Chase brands. Our 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 success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We 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 law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Introductory Marketing Language:
Become a key player in our Counterparty Reconciliation team, where your expertise ensures accurate alignment of client records with counterparties. Work with asset managers, pension funds, and institutional investors trading OTC derivatives. Elevate your career at JPMorgan Chase by driving innovation and resolving reconciliation breaks.
Job Summary
As an Associate (AVP) in Counterparty Reconciliation, you will ensure client books are synchronized with counterparty data, acting as a secondary control check. You will investigate reconciliation breaks and liaise with brokers, vendors, and clients for timely resolution. Collaborate with internal and external stakeholders to maintain accurate records and provide comprehensive reporting.
Job Responsibilities
- Drive root cause analysis for reconciliation breaks.
- Perform reconciliation between Broker/Counterparty and Client.
- Investigate breaks in detail and resolve issues.
- Liaise with clients and counterparties for break resolution.
- Attend client calls to discuss break status and requests.
- Collaborate with internal teams for resolution.
- Provide MIS reporting on break status.
- Deliver weekly KPI information to management.
- Ensure team meets deadlines in line with SLAs.
- Communicate proactively with stakeholders.
- Identify process improvements for best practices.
- Have previous experience in reconciliation.
- Demonstrate sound knowledge of basic accounting.
- Exhibit excellent communication and influencing skills.
- Possess strong PC skills, particularly in Excel.
- Understand derivatives and fund accounting processes.
- Take a proactive approach to problem-solving.
- Be self-motivated, innovative, and analytical.
- Have knowledge of custody and settlement.
- Demonstrate good prioritization and time management.
- Be flexible with hours and task allocation.
- Possess good knowledge of risk and controls.
- Have 12+ years of experience in fund accounting or financial products.
- Manage a team of more than 10 people effectively.
- Hold a CA/MBA in Finance.
JPMorganChase, 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.P. Morgan and Chase brands. Our 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 success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We 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 law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
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