Apply Now    

Fund Administration Associate

Req #: 180037900
Location: Boston, MA, US
Job Category: Operations
Potential Referral Amount: 5000 US Dollar (USD)

 

About J.P. Morgan Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $19 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity to clients in markets around the world.
 
The Custody & Fund Services (CFS) business is a global leader in the industry with approximately $19 trillion of Assets under Custody, $125bn of liability balances, and a comprehensive set of products and services across traditional and alternative assets.

Responsible for the management, staffing, organization and development of a business unit. Responsible for identifying complex fund issues and managing the delivery of services to clients, including meeting all regulatory deadlines.

• Coordinate and monitor fund administration group activities in monitoring fund's compliance investment restrictions detailed in the Prospectus, Statement of Additional Information, Investment Company Act of 1940, and Internal Revenue Code.
• Identify and provide guidance to supervisor and staff on treatment of complex financial instruments and complex compliance issues.
• Coordinate and monitor fund administration group activities in performing monthly expense projections and accruals, monthly calculation of asset-based fees, and disbursement analysis.
• Identify and provide guidance to supervisor and staff on treatment of complex financial transactions and arrangement to ensure proper recording of expenses.
• Coordinate and monitor fund administration group activities in preparing monthly Management reports and quarterly Board reporting on fund operations (including financial statements, portfolio characteristics, compliance summaries, and disclosure of significant affiliate and other transactions.
• Act as the primary contact for client inquiries, requests and ad hoc projects on compliance and treasury issues.
• Coordinate audits across multiple departments, respond to internal and external inquiries.
• Support financial reporting by reviewing semi-annual and annual reports for integrity of data.
• Work with legal counsel on Prospectus and Statement of Additional information updates.
• Respond to staff questions regarding regulatory provisions.
• Review and monitor regulatory filings for compliance issues.
• Assist in developing and adjusting department procedures and systems enhancements.
• Work with tax department to calculate fund distributions to ensure compliance with IRS distribution requirements.
• Provide feedback and coaching to supervisors and staff, conduct performance reviews, and establish performance objectives
• Perform any other responsibilities in compliance as needed.

(Enter here)

 

 

BA/BS or equivalent experience
• Minimum of 5-7 years in the mutual fund industry, with a minimum of 3-5 in tax and legal compliance issues
• Understanding of accounting principles, financial reporting, compliance issues
• Supervisory and leadership skills
• Computer literacy
• Attention to details
• Understanding of SEC and IRS regulations
• Understanding of expense budgeting concepts
• Advanced analytical skills
• Strong communication skills
• CPA preferred

 

 

Apply Now    

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Things to note

Sign in to our application system to continue your job search or update your profile.

Current employees sign in here. Contractors sign in here.

Any information you provide is confidential and will only be viewed by our recruiters in an effort to fill open positions. In addition, the information you provide is subject to our privacy policy practices.

Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.

The firm invites all interested and qualified candidates to apply for employment opportunities.

Need disability related assistance?

If you are a US or Canadian applicant with a disability who is unable to use our online tools to search and apply for jobs, please click here.

Important links

Click here to view the "EEO is the Law" poster.

Click here to view the "EEO is the Law" supplemental poster.

Click here to view our U.S. Pay Transparency Policy.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.