Description

DESCRIPTION:

Duties: Manage Global Distributed Operating Model. Actively participate in the management and oversight of offshore hubs and other business partners. Coordinate and monitor fund administration group activities in calculating periodic and annual distribution requirements and in performing monthly expense projections and accruals, monthly calculation of asset-based fees, disbursement analysis, and audit/shareholder report preparation support. Identify and provide guidance to global hubs, supervise staff on treatment of complex financial transactions and arrangement to ensure proper recording of expenses. Act as the primary contact for client inquiries, requests and ad hoc projects on treasury issues and assists in developing and adjusting department procedures and systems enhancements. Participate in and / or lead departmental initiatives, training, and projects.

QUALIFICATIONS:

Minimum education and experience required: Bachelor's degree in Information Technology, Business Administration, Finance, Accounting, Management, or related field of study plus 5 years of experience in the job offered or as Client Service, Client Service Associate, Fund Accounting Analyst, Fund Servicing Associate, or related occupation.

Skills Required: This position requires 5 years of experience with the following: analyzing financial reporting statements, trial balances, and complex portfolio turnover calculations; gathering and refining business requirements for both fund and firmwide implications in a compliance setting; Working with Harmonized Sales Tax and the impact on Canadian Funds, with respect to both expense structure and distribution-related impacts; Analyzing and presenting on trial balance accruals, payment issues, and client needs; working across multiple teams to support downstream information; providing client service experiences on a daily basis and interacting with key stakeholders at the client level to develop and provide solutions; Anticipating issues within the distribution workstreams by leveraging experience and aptitude to review distribution rates; driving initiatives to increase bandwidth and scale additional responsibilities for accurate results in calculating distributions as well as contractual management fees; performing distribution research including tolerance breaks and pre-determine client thresholds and responding to client inquiries regarding fund and class level divergence and breaks; working with management on Expense Ratios and performing additional research for Open-End and Closed-End Funds; performing analysis and stress testing to ensure optimized performance during system updates and maintenance.

Job Location: 70 Fargo St, Boston, MA 02210.

About Us

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.