Senior Analyst 502- EMEA Product Administration- Asset management

Job Description

Financial reporting , Forecasting and disclosure controls assist in the review of the funds financial statements and executing of disclosure control proceduresMonitoring of Audit/Consultancy/Publication budgetsMonitoring of legal publication requirements (prices, prospectuses, notices etc.), monitoring fund price deliveryManagement of dividend distribution processManagement of vendor relationships involved in the administration of the fundsManagement of operational interaction with the funds Boards of DirectorsAd-hoc tax impactsMonitor errors and incidents arising for the JPMAM Fund ranges and escalate appropriatelyReview and monitoring of management fees and performance fees calculations and invoices/paymentsMonth 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 jurisdictionsHiring Criteria / specific candidate(s) profiles requiredHave At least 5-7 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) valuationUnderstand 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 perspectiveHave Lux, UK Gaap and IFRS expertiseHave knowledge of audit/reporting requirements applicable to Luxembourg ,UK and Irish funds distributed across the globeHave 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:Good at communicating with multiple stakeholders Internal and ExternalSolution oriented approach with attention to detail.Be able to query and challengeBe at ease with complex UDTsExcellent written, verbal and presentation skills; ability to communicate in a clear and concise manner in any format.Be analytical, inquisitive, with the ability to self-serve informationAbility to thrive in a fast paced environment and effectively multi-taskDemonstrate responsibility and dependability, show strong team spiritJob title: Asset Management- EMEA Product Administration - Senior AnalystJob DescriptionJ.P. Morgan is a global leader in asset and wealth management services. The Asset Management line of business serves institutional, ultra high net worth, high net worth and retail clients through its Global Investment Management and Global Wealth Management businesses. With client assets of $2.7 trillion and assets under management of $1.9 trillion, we are one of the largest asset and wealth managers in the world. (Assets as of September 30, 2017).Overall Purpose of the team to be supportedThe Product Administration team is the centre 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 specialised, multi-disciplinary and operationally monitors the JPMAME funds range and oversees the providers of administration services throughout the funds 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. The oversight role includes:Monitoring Fund Administration service provision delivered by our external Fund Administrators, incl NAV error remediation process- NAV OversightDaily review of market events in relation to fair valuation of assets and/or marketsManage 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 proceduresMonitoring of Audit/Consultancy/Publication budgetsMonitoring of legal publication requirements (prices, prospectuses, notices etc.), monitoring fund price deliveryManagement of dividend distribution processManagement of vendor relationships involved in the administration of the fundsManagement of operational interaction with the funds Boards of DirectorsAd-hoc tax impactsMonitor errors and incidents arising for the JPMAM Fund ranges and escalate appropriatelyReview and monitoring of management fees and performance fees calculations and invoices/paymentsMonth 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 jurisdictionsHiring Criteria / specific candidate(s) profiles requiredHave At least 5-7 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) valuationUnderstand 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

Keyskills :
accountinguk gaapcpalegalfinancial statementsconsultancytaxifrsstatutoryregulatory reportingauditreportingchartered accountantstock reconciliationforecastingfinancial reportingpricing