Asset Management - Product Administration – Oversight of Fund Administration for UCITS and liquid AIFs - Associate

Luxemburg
Unbefristet
Vollzeit

2 Monate her

Job Category: Sales SupportJob Description:Product Administration - Oversight of Fund Administration for UCITS and liquid AIFs (Associate)Department: Product AdministrationOverall Purpose of the positionThe Product Administration department's mission is to be the centre of excellence for the administration of JPMorgan Asset Management's proprietary investment products in Luxembourg. It is a multi-disciplinary team whose goal is to manage JPMorgan Asset Management's investment products throughout their life cycle.Product Administration develops and exercises the fund oversight required from JPMorgan Asset Management as a UCITS Management Company and an AIFM through monitoring of the operational activity on the fund range, management of the service providers panel and ownership of the audit, consultancy and depositary relationships, including:

Monitoring Fund Administration service provision delivered by our key Fund Administrators
Management of statutory/regulatory reporting
Management of Financial Statements and the Self-Assessment Questionnaire process, Management of Audit/Consultancy/Publication services and budgets
Monitoring of publication legal requirements (prices, prospectuses, notices etc.), monitoring fund prices delivery
Management of vendor relationships
Management of NAV error remediation process
Management of operational interaction with the funds' Boards of Directors
Management of dividend distribution and ad-hoc tax impacts

Main Responsibilities & DutiesThe candidate's primary responsibility is to maintain a robust and efficient NAV oversight process, including NAV calculation and coordination with fund managers and administrators. Key duties include:

Support the team manager on new product initiatives
Enhance controls and oversight for existing products
Develop and implement control models for new funds
Apply reasonableness checks to daily NAVs from external providers
Monitor valuation policies, procedures, and accounting principles
Oversee asset reconciliations (including cash, stock and derivatives)
Review mark-to-market and DLA/WLA compliance for money market funds
Monitor swing pricing application and periodic factor calculations
Prepare and maintain fund non-dealing calendars
Conduct ad-hoc reviews of performance fees and expenses
Coordinate BAU NAV accounting/product/regulatory reporting queries and ensure timely resolution and response
Address NAV monitoring queries from internal management and stakeholders in a timely manner

JPMAME's fund range is extensive, covering 8 vehicles, 201 active sub-funds, over 2,600 classes priced daily, and entails assets classes from stable Nav money market funds, simple to complex equity and fixed income funds, OTC intensive structures, and long-short hedge strategy funds.Hiring criteria

Strong knowledge of collective investment schemes and their reporting requirements in Luxembourg and Dublin.
At least 3 years' experience in the fund industry, with a legal and financial background.
Solid understanding of investment products, Lux GAAP, and IFRS accounting principles.
In-depth knowledge of the legal and regulatory frameworks for funds and management companies.
Proven ability in managing internal and external relationships and communications.
Fluent in written and spoken English.
Excellent time management and multitasking skills.
Analytical, curious, and eager to learn.
Performs well under pressure; demonstrates responsibility, resilience, dependability, and teamwork.
Committed to compliance and controls, with strong accuracy and attention to detail.

About Us: J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.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 for more information about requesting an accommodation.About the Team:J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

JPMorgan Chase

Bewerben