AWM - Product Administration - Analyst

Job Description

The Product Administration team is the center of expertise and oversight of service providers appointed by JPMorgan Asset Managements Luxembourg, France, Irish and UK domiciled funds for which it acts as a UCITS Management Company or AIFM. Acting as Management Company or AIFM means that JPMorgan Asset Management has been delegated full responsibility from the fund boards to manage the funds, administer the funds and distribute them. JPMorgan Asset Management managers carry personal responsibility and liability towards the fund board and regulators. The team is highly specialized, multi-disciplinary and operationally monitors the JPMAME funds range and oversees the providers of administration services throughout the fund s life cycle.The team is responsible for the oversight of all BAU activity performed by external service providers on the funds, ensuring that the highest standards are met by the relevant service providers, and managing the service delivery of fund administration vendors, except T/A. Job Responsibilities: The oversight role includes: Monitoring Fund Administration service provision delivered by our external Fund Administrators, incl NAV error remediation process- NAV Oversight Daily review of market events in relation to fair valuation of assets and/or markets Manage fund lifecycle events (fair valuation, Fee Billing, swing pricing, fund calendar, launches, liquidations) Monitoring of statutory/regulatory reporting (eg-AIFMD, UCITS Risk Reporting, FBARetc) incl. financial statements and Long Form process, Ownership of the audit relationship. Financial reporting , Forecasting and disclosure controls assist in the review of the funds financial statements and executing of disclosure control procedures Monitoring of Audit/Consultancy/Publication budgets Monitoring of legal publication requirements (prices, prospectuses, notices etc.), monitoring fund price delivery Management of dividend distribution process Management of vendor relationships involved in the administration of the funds Management of operational interaction with the funds Boards of Directors Ad-hoc tax impacts Monitor errors and incidents arising for the JPMAM Fund ranges and escalate appropriately Review and monitoring of management fees and performance fees calculations and invoices/payments Month end and Quarter end reporting (both internal and external) This requires an understanding of the key characteristics and risks of the JPMAM Lux ,UK Fund ranges to ensure that internal checks/controls highlight issues as and when they arise. It is key to develop/maintain a strong working relationship with internal and external groups undertaking the BAU role for Transfer Agency, Fund Accounting, Trustee & Depositary Services and Custody to ensure clear communication and ensure adequate standards are being met and escalation occurs as required. The Fund range is extensive, covering separate investment vehicles, many active sub-funds, multiple share classes priced daily, and entails assets classes from stable NAV money market funds, simple equity and fixed income funds, as well as OTC intensive structures. Fund vehicles are domiciled in multiple jurisdictions Hiring Criteria / specific candidate(s) profiles required Have At least 3 5 years Fund accounting/Financial Reporting experience. Additional certifications (e.g., Chartered Accountant, CPA, CFA) a plus . Have experience of fund and instrument (e.g., fixed income, alternatives and equities, derivatives and structured products) valuation Understand cash & stock reconciliation processes, Have an understanding of fund products and accounting principles in EMEATechnical and business knowledge of Fund structures (e.g., collective investment funds and investment trusts) and activities from an investment, operational, regulatory, accounting and financial reporting perspective) Have Lux, UK Gaap and IFRS expertise Have knowledge of audit/reporting requirements applicable to Luxembourg ,UK and Irish funds distributed across the globe Have a financial / fund background, understand the concepts of NAV, custody, transaction costs and knowledge of financial concepts (e.g. global exposure, leverage for example) In all cases, the candidate(s) must: Be very structure and organized Show strong accuracy and attention to detail Be able to query and challenge Be at ease with complex UDTs Excellent written, verbal and presentation skills; ability to communicate in a clear and concise manner in any format. Have excellent personal resource management Be analytical, inquisitive, with the ability to self-serve information Ability to thrive in a fast paced environment and effectively multi-task Demonstrate responsibility and dependability, show strong team spirit,

Keyskills :
court appointed receiverfinance functionasset managementfund accountingfixed incomesmall businessmoney market funds